LATIN AMERICA PRECISION MEDICINE MARKET 2021-2028

Lifesciences | Pharmaceuticals

LATIN AMERICA PRECISION MEDICINE MARKET 2021-2028

Market By Application, Component, And Country | Forecast 2021-2028

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Triton’s report insinuates that the Latin American precision medicine market is probable to register growth at a CAGR of 8.92% during the estimated period 2021-2028.


The countries analyzed in this market include:

        Brazil

        Mexico

        Rest of Latin America

Several countries, including Brazil and Mexico, are striving to enhance the implementation of precision medicine solutions across the region. In recent times, there has been substantial growth in precision medicine adoption as the standard of care. Besides, multiple innovative technologies are emerging in the healthcare sector, which is expected to supplement the precision medicine market’s growth in the Latin American region.

There is significant growth in molecular testing compared to other laboratory diagnostics, stimulating the need for precision medicine in Mexico. However, the country is still in the nascent stage in terms of precision medicine adoption. Nevertheless, multiple precision medicine companies are entering the country, owing to the large population base suffering from cancer.

Additionally, the country has taken multiple efforts to expand its precision medicine technology. For instance, programs like CASALUD are extending access to healthcare services concentrating on preventive care, which increases the need for precision medicine. Hence, as mentioned above, these factors are primarily motivating the precision medicine market’s progression across Mexico.

On the other hand, the market has gained significant traction in Brazil. The country has observed growth in research, genomic medicine, and precision medicine in recent years. Moreover, the integration of data to enhance healthcare in the country is another factor likely to boost the precision medicine market in Brazil.

Bio-Rad Laboratories Inc is a life science research and medical device company helping companies to gain faster and better results. The company’s product portfolio includes medical instruments, software, consumables, majorly focused on fields such as cell biology, drug discovery, and manufacturing. Besides, it offers technologies for blood transfusion, diabetes monitoring, and infectious disease testing. Bio-Rad has operations across several regions, including Latin America.

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Table of Content

1. LATIN AMERICA PRECISION MEDICINE MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. KEY INSIGHTS

2.1.1. PRESENCE OF BIOPHARMACEUTICAL COMPANIES

2.1.2. INVESTMENTS IN GENE THERAPY

2.2. IMPACT OF COVID-19 ON PRECISION MEDICINE MARKET

2.3. SUPPLY CHAIN OUTLOOK

2.4. ETYMOLOGY OF PRECISION MEDICINE

2.5. PORTER’S FIVE FORCES MODEL

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR LANDSCAPE

2.8. KEY MARKET STRATEGIES

2.8.1. CONTRACTS AND PARTNERSHIPS

2.8.2. BUSINESS EXPANSION & DIVESTITURES

2.8.3. ACQUISITIONS & MERGERS

2.8.4. NEW PRODUCT LAUNCHES

2.9. MARKET DRIVERS

2.9.1. HIGH PREVALENCE OF CHRONIC DISEASES IN THE AGING POPULATION

2.9.2. DIGITAL COLLABORATION AMONG RESEARCH GROUPS AND ORGANIZATIONS

2.9.3. IDENTIFICATION OF GENETIC MAKEUP IN THE HUMAN GENOME

2.10. MARKET CHALLENGES

2.10.1. STRINGENT DRUG APPROVAL PROCESS

2.10.2. SECURITY THREATS PERTAINING TO DATA SHARING

2.10.3. CHANGES IN REIMBURSEMENT AND REGULATORY PROCESS

2.11. MARKET OPPORTUNITIES

2.11.1. INVESTMENTS BY GOVERNMENT AND PRIVATE PLAYERS IN CANCER TREATMENT

2.11.2. DEMAND FOR PREVENTIVE CARE

3. LATIN AMERICA PRECISION MEDICINE MARKET - BY APPLICATION

3.1. ONCOLOGY

3.2. INFECTIOUS DISEASES

3.3. NEUROLOGY/PHYSIATRY

3.4. CARDIOVASCULAR

3.5. LIFESTYLE AND ENDOCRINOLOGY

3.6. GASTROENTEROLOGY

3.7. OTHER APPLICATIONS

4. LATIN AMERICA PRECISION MEDICINE MARKET - BY COMPONENT

4.1. APPLIED SCIENCE

4.1.1. GENOMICS

4.1.1.1. PCR

4.1.1.2. PM NGS

4.1.1.3. GENOME EDITING

4.1.1.4. OTHER GENOMICS TECHNOLOGIES

4.1.2. PHARMACOGENOMICS

4.1.3. OTHER APPLIED SCIENCES

4.2. PRECISION THERAPEUTICS

4.2.1. CLINICAL TRIALS

4.2.2. CELL THERAPY

4.2.3. DRUG DISCOVERY AND RESEARCH

4.2.4. GENE THERAPY

4.3. PRECISION DIAGNOSTICS

4.3.1.   MOLECULAR DIAGNOSTICS

4.3.1.1. NON-INVASIVE PRENATAL TESTING (NIPT)

4.3.1.2. COMPANION DIAGNOSTICS

4.3.1.3. LIQUID BIOPSY

4.3.1.4. OTHER MOLECULAR DIAGNOSTICS

4.3.2.   MEDICAL IMAGING

4.3.2.1. IMAGING ANALYTICS

4.3.2.2. IMAGING COMPUTER-AIDED DETECTION (CADX)

4.4. DIGITAL HEALTH AND INFORMATION TECHNOLOGY

4.4.1. CLINICAL DECISION SUPPORT SYSTEMS (CDSS)

4.4.2. BIG DATA ANALYTICS

4.4.3. IT INFRASTRUCTURE

4.4.4. GENOMICS INFORMATICS

4.4.5. IN-SILICO INFORMATICS

4.4.6. MOBILE HEALTH

5. LATIN AMERICA PRECISION MEDICINE MARKET – REGIONAL OUTLOOK

5.1. COUNTRY ANALYSIS

5.1.1. MEXICO

5.1.2. BRAZIL

5.1.3. REST OF LATIN AMERICA

6. COMPETITIVE LANDSCAPE

6.1. ABBOTT LABORATORIES

6.2. ASTRAZENECA PLC

6.3. BIOCRATES LIFE SCIENCES AG

6.4. BIO-RAD LABORATORIES INC

6.5. DANAHER CORPORATION

6.6. EAGLE GENOMICS LTD

6.7. ELI LILLY & COMPANY

6.8. F HOFFMANN-LA ROCHE AG

6.9. INTOMICS

6.10. LABORATORY CORPORATION OF AMERICA HOLDINGS

6.11. NANOSTRING TECHNOLOGIES

6.12. NOVARTIS AG

6.13. PFIZER INC

6.14. QIAGEN NV

6.15. QUEST DIAGNOSTICS INCORPORATED

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1.   OBJECTIVES OF STUDY

7.1.2.   SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1.   PRIMARY DATA SOURCES

7.2.2.   SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1.   EVALUATION OF PROPOSED MARKET

7.3.2.   IDENTIFICATION OF DATA SOURCES

7.3.3.   ASSESSMENT OF MARKET DETERMINANTS

7.3.4.   DATA COLLECTION

7.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1:       LATIN AMERICA PRECISION MEDICINE MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2:       MARKET ATTRACTIVENESS INDEX

TABLE 3:       VENDOR LANDSCAPE

TABLE 4:       LIST OF CONTRACTS & PARTNERSHIPS

TABLE 5:       LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 6:       LIST OF ACQUISITIONS & MERGERS

TABLE 7:       LIST OF NEW PRODUCT LAUNCHES

TABLE 8:       LATIN AMERICA PRECISION MEDICINE MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 9:       LATIN AMERICA PRECISION MEDICINE MARKET, BY COMPONENT, 2021-2028 (IN $ MILLION)

TABLE 10:     LATIN AMERICA APPLIED SCIENCE MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 11:     LATIN AMERICA GENOMICS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 12:     LATIN AMERICA PRECISION THERAPEUTICS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 13:     LATIN AMERICA PRECISION DIAGNOSTICS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 14:     LATIN AMERICA MOLECULAR DIAGNOSTICS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 15:     LATIN AMERICA MEDICAL IMAGING MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 16:     LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 17:     LATIN AMERICA PRECISION MEDICINE MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1:     LATIN AMERICA PRECISION MEDICINE MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

FIGURE 2:     LATIN AMERICA PRECISION MEDICINE MARKET, BY APPLICATION, 2020 & 2028

FIGURE 3:     LATIN AMERICA PRECISION MEDICINE MARKET, BY ONCOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 4:     LATIN AMERICA PRECISION MEDICINE MARKET, BY INFECTIOUS DISEASES, 2021-2028 (IN $ MILLION)

FIGURE 5:     LATIN AMERICA PRECISION MEDICINE MARKET, BY NEUROLOGY/PHYSIATRY, 2021-2028 (IN $ MILLION)

FIGURE 6:     LATIN AMERICA PRECISION MEDICINE MARKET, BY CARDIOVASCULAR, 2021-2028 (IN $ MILLION)

FIGURE 7:     LATIN AMERICA PRECISION MEDICINE MARKET, BY LIFESTYLE AND ENDOCRINOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 8:     LATIN AMERICA PRECISION MEDICINE MARKET, BY GASTROENTEROLOGY, 2021-2028 (IN $ MILLION)

FIGURE 9:     LATIN AMERICA PRECISION MEDICINE MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 10:  LATIN AMERICA PRECISION MEDICINE MARKET, BY COMPONENT, 2020 & 2028

FIGURE 11:  LATIN AMERICA PRECISION MEDICINE MARKET, BY APPLIED SCIENCE, 2021-2028 (IN $ MILLION)

FIGURE 12:  LATIN AMERICA APPLIED SCIENCE MARKET, BY GENOMICS, 2021-2028 (IN $ MILLION)

FIGURE 13:  LATIN AMERICA GENOMICS MARKET, BY PCR, 2021-2028 (IN $ MILLION)

FIGURE 14:  LATIN AMERICA GENOMICS MARKET, BY PM NGS, 2021-2028 (IN $ MILLION)

FIGURE 15:  LATIN AMERICA GENOMICS MARKET, BY GENOME EDITING, 2021-2028 (IN $ MILLION)

FIGURE 16:  LATIN AMERICA GENOMICS MARKET, BY OTHER GENOMICS TECHNOLOGIES, 2021-2028 (IN $ MILLION)

FIGURE 17:  LATIN AMERICA APPLIED SCIENCE MARKET, BY PHARMACOGENOMICS, 2021-2028 (IN $ MILLION)

FIGURE 18:  BIOMARKERS ROLE IN PHARMACOGENOMICS

FIGURE 19:  LATIN AMERICA APPLIED SCIENCE MARKET, OTHER APPLIED SCIENCES, 2021-2028 (IN $ MILLION)

FIGURE 20:  LATIN AMERICA PRECISION MEDICINE MARKET, BY PRECISION THERAPEUTICS, 2021-2028 (IN $ MILLION)

FIGURE 21:  LATIN AMERICA PRECISION THERAPEUTICS MARKET, BY CLINICAL TRIALS, 2021-2028 (IN $ MILLION)

FIGURE 22:  LATIN AMERICA PRECISION THERAPEUTICS MARKET, BY CELL THERAPY, 2021-2028 (IN $ MILLION)

FIGURE 23:  LATIN AMERICA PRECISION THERAPEUTICS MARKET, BY DRUG DISCOVERY AND RESEARCH, 2021-2028 (IN $ MILLION)

FIGURE 24:  LATIN AMERICA PRECISION THERAPEUTICS MARKET, BY GENE THERAPY, 2021-2028 (IN $ MILLION)

FIGURE 25:  LATIN AMERICA PRECISION MEDICINE MARKET, BY PRECISION DIAGNOSTICS, 2021-2028 (IN $ MILLION)

FIGURE 26:  LATIN AMERICA PRECISION DIAGNOSTICS MARKET, BY MOLECULAR DIAGNOSTICS, 2021-2028 (IN $ MILLION)

FIGURE 27:  LATIN AMERICA MOLECULAR DIAGNOSTICS MARKET, BY NON-INVASIVE PRENATAL TESTING (NIPT), 2021-2028 (IN $ MILLION)

FIGURE 28:  LATIN AMERICA MOLECULAR DIAGNOSTICS MARKET, BY COMPANION DIAGNOSTICS, 2021-2028 (IN $ MILLION)

FIGURE 29:  LATIN AMERICA MOLECULAR DIAGNOSTICS MARKET, BY LIQUID BIOPSY, 2021-2028 (IN $ MILLION)

FIGURE 30:  LATIN AMERICA MOLECULAR DIAGNOSTICS MARKET, BY OTHER MOLECULAR DIAGNOSTICS, 2021-2028 (IN $ MILLION)

FIGURE 31:  LATIN AMERICA PRECISION DIAGNOSTICS MARKET, BY MEDICAL IMAGING, 2021-2028 (IN $ MILLION)

FIGURE 32:  LATIN AMERICA MEDICAL IMAGING MARKET, BY IMAGING ANALYTICS, 2021-2028 (IN $ MILLION)

FIGURE 33:  LATIN AMERICA MEDICAL IMAGING MARKET, BY IMAGING COMPUTER-AIDED DETECTION (CADX), 2021-2028 (IN $ MILLION)

FIGURE 34:  LATIN AMERICA PRECISION MEDICINE MARKET, BY DIGITAL HEALTH AND INFORMATION TECHNOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 35:  LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY CLINICAL DECISION SUPPORT SYSTEMS (CDSS), 2021-2028 (IN $ MILLION)

FIGURE 36:  LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY BIG DATA ANALYTICS, 2021-2028 (IN $ MILLION)

FIGURE 37:  LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY IT INFRASTRUCTURE, 2021-2028 (IN $ MILLION)

FIGURE 38:  LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY GENOMICS INFORMATICS, 2021-2028 (IN $ MILLION)

FIGURE 39:  LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY IN-SILICO INFORMATICS, 2021-2028 (IN $ MILLION)

FIGURE 40:  LATIN AMERICA DIGITAL HEALTH AND INFORMATION TECHNOLOGY MARKET, BY MOBILE HEALTH, 2021-2028 (IN $ MILLION)

FIGURE 41:  MEXICO PRECISION MEDICINE MARKET 2021-2028 (IN $ MILLION)

FIGURE 42:  BRAZIL PRECISION MEDICINE MARKET 2021-2028 (IN $ MILLION)

FIGURE 43:  REST OF LATIN AMERICA PRECISION MEDICINE MARKET 2021-2028 (IN $ MILLION)

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