LATIN AMERICA SEQUENCING REAGENTS MARKET 2021-2028

Lifesciences | Diagnostic & Biotechnology

LATIN AMERICA SEQUENCING REAGENTS MARKET 2021-2028

Market by Application, Reagent Type, Technology, Industry Verticals, and Country | Forecast 2021-2028

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Triton’s report insinuates that the sequencing reagents market in Latin America is evaluated to propel at a CAGR of 11.81% during the anticipated period 2021-2028.


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The countries scrutinized in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

In the region, the studied market’s growth is mainly owing to rising governmental support, increasing number of genome sequencing programs, and surging prevalence of chronic conditions. Among the countries, Brazil is gaining significant traction in the adoption of genomic research. Presently, the country is receiving funding from various international organizations, which has fostered strong genomics influence in the Brazilian healthcare sector. Other than this, the Brazilian industry is on the edge of releasing the potential of meeting biotechnology and data science. Therefore, as stated above, these factors are estimated to boost the sequencing reagents market in Brazil on a progressive path over the evaluated phase.

Furthermore, the Mexican sequencing reagents market is driven by the surge in cancer cases and the distribution of products for gene synthesis. Additionally, several chronic diseases, including cancer and other neurodegenerative disorders, such as Alzheimer’s and others, demand precision medicine designed through gene synthetics. Hence, the increasing demand for personalized medication to treat multiple chronic conditions is anticipated to create lucrative opportunities for the sequencing reagents market across Mexico over the upcoming years.

Illumina Inc is a global developer, manufacturer, and distributor of products and solutions used in various life science procedures. The company primarily offers products for clinical genomics and life sciences. Moreover, its products help in various applications, such as advanced research, drug development, and molecular tests. Its products are used to analyze genomes at all levels, ranging from targeted panels to whole-genome sequencing. The company operates through multiple subsidiaries, distributing products to customers across regions, including Latin America. Illumina’s products are offered to numerous end-users, including government laboratories, academic institutes, hospitals, and genomic research centers. It was founded in 1998. 

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Table of Content

1. LATIN AMERICA SEQUENCING REAGENTS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON SEQUENCING REAGENTS MARKET

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCES MODEL

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE PRODUCTS

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. COMPETITIVE RIVALRY

2.4. SUPPLY CHAIN OUTLOOK

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. KEY STRATEGIC DEVELOPMENTS

2.7.1. CONTRACTS AND PARTNERSHIPS

2.7.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

2.7.3. ACQUISITIONS & MERGERS

2.7.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.8. MARKET DRIVERS

2.8.1. ONGOING RESEARCH IN GENOMICS DUE TO THE PREVALENCE OF CHRONIC DISEASES

2.8.2. ADVANCES IN GENOMICS AFTER THE LAUNCH OF NEW TECHNOLOGIES

2.9. MARKET CHALLENGES

2.9.1. SOCIAL AND ETHICAL ISSUES RELATED TO DATA PRIVACY

2.9.2. LACK OF PROFESSIONALS IN DEVELOPING COUNTRIES

2.10. MARKET OPPORTUNITIES

2.10.1. FUNDING BY MANUFACTURERS AND GOVERNMENT IN GENOMICS

2.10.2. GROWING DEMAND FOR THIRD-GENERATION SEQUENCING

3. LATIN AMERICA SEQUENCING REAGENTS MARKET - BY APPLICATION

3.1. ONCOLOGY

3.2. CLINICAL INVESTIGATION

3.3. AGRI GENOMICS AND FORENSICS

3.4. REPRODUCTIVE HEALTH

3.5. OTHER APPLICATIONS

4. LATIN AMERICA SEQUENCING REAGENTS MARKET - BY REAGENT TYPE

4.1. SEQUENCING KITS

4.2. CONTROL KITS

4.3. LIBRARY KITS

4.4. TEMPLATE KITS

4.5. OTHER REAGENT TYPES

5. LATIN AMERICA SEQUENCING REAGENTS MARKET - BY TECHNOLOGY

5.1. NEXT-GENERATION SEQUENCING

5.2. SANGER SEQUENCING

5.3. THIRD-GENERATION SEQUENCING

6. LATIN AMERICA SEQUENCING REAGENTS MARKET - BY INDUSTRY VERTICALS

6.1. RESEARCH INSTITUTES

6.2. HOSPITALS AND CLINICS

6.3. PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES

6.4. OTHER INDUSTRY VERTICALS

7. LATIN AMERICA SEQUENCING REAGENTS MARKET – COUNTRY OUTLOOK

7.1. COUNTRY ANALYSIS

7.1.1. BRAZIL

7.1.2. MEXICO

7.1.3. REST OF LATIN AMERICA

8. COMPANY PROFILE

8.1. AGILENT TECHNOLOGIES INC

8.2. ASURAGEN INC

8.3. BGI GENOMICS

8.4. BIO RAD LABORATORIES INC

8.5. F HOFFMANN-LA ROCHE

8.6. FLUIDIGM CORPORATION

8.7. ILLUMINA INC

8.8. LGC BIOSEARCH TECHNOLOGIES

8.9. MERCK KGAA

8.10. PACIFIC BIOSCIENCES OF CALIFORNIA INC

8.11. PERKINELMER INC

8.12. QIAGEN NV

8.13. TAKARA BIO INC

8.14. THERMO FISHER SCIENTIFIC INC

8.15. TRILINK BIOTECHNOLOGIES INC

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.1.1. OBJECTIVES OF STUDY

9.1.2. SCOPE OF STUDY

9.2. SOURCES OF DATA

9.2.1. PRIMARY DATA SOURCES

9.2.2. SECONDARY DATA SOURCES

9.3. RESEARCH METHODOLOGY

9.3.1. EVALUATION OF PROPOSED MARKET

9.3.2. IDENTIFICATION OF DATA SOURCES

9.3.3. ASSESSMENT OF MARKET DETERMINANTS

9.3.4. DATA COLLECTION

9.3.5. DATA VALIDATION & ANALYSIS

List of Tables

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

TABLE 2:       VENDOR SCORECARD

TABLE 3:       LIST OF CONTRACTS AND PARTNERSHIPS

TABLE 4:       LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

TABLE 5:       LIST OF ACQUISITIONS & MERGERS

TABLE 6:       LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 7:       LATIN AMERICA SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 8:       LATIN AMERICA SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 9:       LATIN AMERICA SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 10:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 11:     LATIN AMERICA SEQUENCING REAGENTS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY APPLICATION, 2020 & 2028 (IN %)

FIGURE 2:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY ONCOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 3:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY CLINICAL INVESTIGATION, 2021-2028 (IN $ MILLION)

FIGURE 4:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY AGRI GENOMICS AND FORENSICS, 2021-2028 (IN $ MILLION)

FIGURE 5:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY REPRODUCTIVE HEALTH, 2021-2028 (IN $ MILLION)

FIGURE 6:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 7:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2020 & 2028 (IN %)

FIGURE 8:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY SEQUENCING KITS, 2021-2028 (IN $ MILLION)

FIGURE 9:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY CONTROL KITS, 2021-2028 (IN $ MILLION)

FIGURE 10:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY LIBRARY KITS, 2021-2028 (IN $ MILLION)

FIGURE 11:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY TEMPLATE KITS, 2021-2028 (IN $ MILLION)

FIGURE 12:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY OTHER REAGENT TYPES, 2021-2028 (IN $ MILLION)

FIGURE 13:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)

FIGURE 14:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY NEXT-GENERATION SEQUENCING, 2021-2028 (IN $ MILLION)

FIGURE 15:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY SANGER SEQUENCING, 2021-2028 (IN $ MILLION)

FIGURE 16:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY THIRD-GENERATION SEQUENCING, 2021-2028 (IN $ MILLION)

FIGURE 17:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)

FIGURE 18:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY RESEARCH INSTITUTES, 2021-2028 (IN $ MILLION)

FIGURE 19:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY HOSPITALS AND CLINICS, 2021-2028 (IN $ MILLION)

FIGURE 20:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, 2021-2028 (IN $ MILLION)

FIGURE 21:  LATIN AMERICA SEQUENCING REAGENTS MARKET, BY OTHER INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

FIGURE 22:  BRAZIL SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 23:  MEXICO SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 24:  REST OF LATIN AMERICA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

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