The market study report by Informes de Expertos titled, ‘Latin America Next-Generation Sequencing Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as component, technology, application, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.
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Los aspectos más destacados del informe incluyen:
Visión general del mercado (2018-2028)
• CAGR para el período de pronóstico (2023-2028): 14,60%
Las previsiones de crecimiento del sector de la secuenciación de próxima generación en América Latina aumentan con la demanda de investigación clínica y diagnóstico precoz. Este cambio en las solicitudes de los clientes ha creado un estímulo en el mercado, empujando así a los actores clave de la industria a innovar y mejorar sus lanzamientos de productos para mejorar las ventas y los ingresos en la región de América Latina.
Los principales factores que impulsan el mercado, como la modernización tecnológica, el desarrollo económico, las subvenciones públicas, la prevalencia de enfermedades como el cáncer, el cambio del consumo hacia la atención sanitaria y la elevada demanda de investigación clínica, están generando oportunidades de crecimiento para los posibles participantes que deseen ofrecer un rendimiento de alta velocidad, rentabilidad y calidad. Todos estos factores, junto con el gasto público en biotecnologías de gama alta, están cambiando el panorama de la secuenciación de nueva generación en América Latina durante el periodo de pronóstico.
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Industry Definition and Major Segments
A method for figuring out the nucleotide sequence of DNA or RNA is called next generation sequencing, also known as massively parallel sequencing. This widely used and easily accessible tool is used in clinical genetics to examine genomes and advance patient treatment by examining genetic diversity. Compared to whole genome sequencing, NGS provides greater benefits, such as the ability to discover disease anomalies in vast data sets with less DNA.
The industry can be classified according to its components in:
• NGS Platforms
• NGS Services
On the basis of technology, the market is divided into:
• Sequencing by Synthesis
• Ion Semiconductor Sequencing
• Single-Molecule Real-Time Sequencing
• Nanopore Sequencing
• Others
The industry can be divided based on its application into:
• Diagnostics
• Drug Discovery
• Agricultural and Animal Research
• Others
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
The flourishing revenue share of major companies in the target region is evident from Latin America’s next-generation sequencing industry growth data and underlying factors promoting development in the target sector. The emerging economies of Latin American regions are growing, and the medical infrastructure backed by the regional government is refocusing attention on the key corporations of the next-generation sequencing market. Additionally, the most influential factors and trends like the significant need for clinical research, the frequency of diseases like cancer, and consumer changes toward healthcare and early diagnosis are anticipating market expansion.
Furthermore, the persistent efforts of regional companies together with the requirement to embrace cutting-edge technologies in medical tools and software are paving the way for the target market towards beneficial routes. In addition to the aforementioned causes, the next-generation sequencing industry’s key players such as Illumina, Inc. and F. Hoffmann-La Roche Ltd. are expected to offer plenty of opportunities to new market entrants due to the continued growth of the medical and healthcare sector.
Key Market Players
The major players in the market are:
• Illumina, Inc.
• F. Hoffmann-La Roche Ltd.
• Agilent Technologies, Inc.
• Macrogen, Inc.
• Thermo Fisher Scientific Inc.
• Others
This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.
About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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