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South AMerica Biomarker Technologies Market
ID: MRFR/HC/54485-HCR
200 Pages
June 2025
South America Biomarker Technologies Market South America Biomarker Technologies Market Research Report: By Product (Consumables, Instruments), By Profiling Technology (PCR, Imaging Technology, NGS), By Application (Cancer, Infectious Disease), By Research Area (Genomics, Proteomics) andBy Regional (Brazil, Mexico, Argentina, Rest of South America)- Forecast to 2035
Industry Developments
The South America Biomarker Technologies Market is experiencing notable developments, including significant growth attributed to increased investments and advancements in research related to personalized medicine. Recently, companies like Roche and AbbVie have focused on expanding their product portfolios in the region, driven by rising healthcare demands. In terms of Mergers and Acquisitions, Thermo Fisher Scientific announced its acquisition of a small diagnostics firm in Brazil in September 2023 to enhance its capabilities in precision medicine. Additionally, QIAGEN has been expanding its operational footprint in South America through strategic collaborations with local healthcare players. In the previous 2-3 years, Illumina's partnership with various research institutions across South America has bolstered genomic research, with significant projects launched in Argentina and Brazil in early 2022. Major players such as Merck KGaA and GE Healthcare have also been increasing their presence through local manufacturing setups in response to the growing demand for improved healthcare solutions. This robust expansion strategy underscores the importance of biomarker technologies in addressing health challenges across South America's diverse populations.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 3.48(USD Billion) |
| MARKET SIZE 2024 | 3.76(USD Billion) |
| MARKET SIZE 2035 | 8.77(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.012% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | AbbVie, Agilent Technologies, Roche, Mylab Discovery Solutions, Thermo Fisher Scientific, PerkinElmer, QIAGEN, BristolMyers Squibb, Waters Corporation, BioRad Laboratories, Merck KGaA, Johnson & Johnson, Siemens Healthineers, GE Healthcare, Illumina |
| SEGMENTS COVERED | Product, Profiling Technology, Application, Research Area, Regional |
| KEY MARKET OPPORTUNITIES | Rising demand for personalized medicine, Increasing investment in research and development, Growing prevalence of chronic diseases, Technological advancements in diagnostics, Expansion of healthcare infrastructure |
| KEY MARKET DYNAMICS | Rising prevalence of chronic diseases, Increasing investment in R&D, Growing demand for personalized medicine, Technological advancements in diagnostics, Expanding healthcare infrastructure |
| COUNTRIES COVERED | Brazil, Mexico, Argentina, Rest of South America |
FAQs
What is the projected market size of the South America Biomarker Technologies Market in 2024?
The South America Biomarker Technologies Market is expected to be valued at 3.76 USD Billion in 2024.
What will be the market size by 2035 for the South America Biomarker Technologies Market?
By 2035, the South America Biomarker Technologies Market is projected to reach a valuation of 8.77 USD Billion.
What is the expected compound annual growth rate (CAGR) for the South America Biomarker Technologies Market from 2025 to 2035?
The market is expected to grow at a CAGR of 8.012% from 2025 to 2035.
Which region is anticipated to hold the largest market share in the South America Biomarker Technologies Market?
Brazil is projected to hold the largest market share, valued at 1.27 USD Billion in 2024.
What are the expected market values for Argentina in the South America Biomarker Technologies Market by 2035?
Argentina's market value is expected to be 1.4 USD Billion by 2035.
Who are the key players in the South America Biomarker Technologies Market?
Major players include AbbVie, Agilent Technologies, Roche, and Thermo Fisher Scientific among others.
What will the market size for consumables in the South America Biomarker Technologies Market be in 2035?
The market size for consumables is expected to reach 4.07 USD Billion by 2035.
How much is the instruments segment valued in the South America Biomarker Technologies Market in 2024?
The instruments segment is valued at 1.96 USD Billion in 2024.
What is the expected market value for Mexico in the South America Biomarker Technologies Market by 2035?
Mexico's market value is projected to reach 2.1 USD Billion by 2035.
What are the key growth drivers for the South America Biomarker Technologies Market?
The growth drivers include increasing demand for personalized medicine and advancements in technology.
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