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Pulished Date August, 2019
ID: 125
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Latin America In-Vitro Diagnostics Market Research Report - By Product, By Technology, By Application & By Country (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, Forecast | 2019 - 2024

Pulished: August, 2019
ID: 125
Pages: 145

Latin America In-Vitro Diagnostics Market Size & Growth (2019 - 2024)

The IVD Market in Latin America was valued at USD 9.1 billion in 2019 and is expected to reach 12.12 billion in 2024 at a Compound Annual Growth Rate (CAGR) of 5.9%.

Growing popularity towards various diagnostics and treatment procedures across the region is a major driving factor for the market growth. In-vitro diagnostics can easily detect any kind of disease from the samples taken from the patient where it is convenient and gives accurate results in less time. The aforementioned factor is also a cause for the market to grow tremendously in the Asia Pacific. Increasing disposable income in urban areas is also leveling up the growth rate of the in-vitro diagnostics market in Latin America. People are more aware of personalized medicine which is gearing up the demand of this market. 

However, people in rural areas are less aware of these devices and this is restricting the growth rate of the market. Fluctuations in the productivity rate of the devices are also one of the factors hindering the demand of the in-vitro diagnostics market in Latin America. This equipment requires huge amounts for installation and maintenance where it is difficult for small scale enterprises. This remains a big challenging factor for market developers. Lack of standardization is also declining the growth rate of the market. Frequent changes in the economic strategies are impeding the demand of the market in Latin America. 

Growth opportunities for the market lie in the emergence of advanced technologies in the medical sector. The development of innovative IVD products in research centers with different techniques to improve healthcare services is elevating the growth rate of the market in Latin America. Changes in lifestyle and food habits are also boosting up the demand of this market. Growing awareness towards an early diagnosis to have quality treatment procedures is expanding the size of the market. The adoption of automated devices in laboratories and growing demand for point of care testing devices are promoting the demand of the in-vitro diagnostics market in Latin America. 

This research report segmented and sub-segmented into the following categories:

  • By Product: Instruments, Reagents, Kits, Software
  • By Technology: Clinical Chemistry, Hematology, Immunoassays, Coagulation and Hemostasis, Molecular Diagnostics, Microbiology, and other IVD technologies
  • By Application: Diabetes, Infectious, Oncology/Cancer, Cardiology, Nephrology, Autoimmune Diseases, Drug Testing, HIV
  • By Country: Brazil, Argentina, Chile and Rest of Latin America

Leading companies in the market

Most of the promising companies operating in the Latin American IVD Market profiled in this report are Abbott Laborat, Ortho Clinical Diagnostics, Inc., Johnson and Johnson, Siemens Healthcare, Becton Dickinson, Roche Diagnostic, Beckman Coulter Inc., Biomérieux, Ortho Clinical Diagnostics, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Sysmex Corporation & Thermo Fisher Scientific, Inc.

  1. Introduction

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                           

                1.4 General Study Assumptions                                                

  1. Research Methodology

                2.1 Introduction                                                              

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                            

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                     

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

  1. Overview

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 New Developments                                                

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                               

  1. Market Segmentation

                5.1 By Product                                                  

                                5.1.1 Instruments                                           

                                5.1.2 Reagents and Kits                                 

                                5.1.3 Software                                 

                5.2 By Technology                                                          

                                5.2.1 Clinical Chemistry                                

                                5.2.2 Hematology                                           

                                5.2.3 Immunoassays                                      

                                5.2.4 Coagulation and Hemostasis                                           

                                5.2.5 Molecular Diagnostics                                        

                                5.2.6 Microbiology                                          

                                5.2.7 Other IVD technologies                                     

                5.3 By Application                                                           

                                5.3.1 Diabetes                                  

                                5.3.2 Infectious Diseases                                             

                                5.3.3 Oncology/Cancer                                 

                                5.3.4 Cardiology                                               

                                5.3.5 Nephrology                                            

                                5.3.6 Autoimmune Diseases                                       

                                5.3.7 Drug Testing                                           

                                5.3.8 HIV                                             

  1. Geographical Analysis

                                6.1 Introduction                                              

                                6.2 Argentina                                             

                                6.3 Brazil     

                                6.4 Mexico                               

                                6.5 Rest of Latin America                                             

  1. Strategic Analysis

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                      

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                               

                                7.2.5 Competitive Rivalry within the Industry                                      

  1. Market Leaders' Analysis

                8.1 Abbott Laboratories                                               

                                8.1.1 Overview                                

                                8.1.2 Product Analysis                                   

                                8.1.3 Strategic Evaluation and Operations                                            

                                8.1.4 Financial analysis                                  

                                8.1.5 Legal issues                                            

                                8.1.6 Recent Developments                                       

                                8.1.7 SWOT analysis                                       

                                8.1.8 Analyst View                                          

                8.2 Johnson and Johnson                                                             

                8.3 Siemens Healthcare                                                

                8.4 Becton Dickinson                                                     

                8.5 Roche Diagnostics                                                    

                8.6 Beckman Coulter Inc.                                                             

                8.7 Biomérieux                                                

                8.8 Ortho Clinical Diagnostics, Inc.                                                           

                8.9 Bio-Rad Laboratories, Inc.                                                    

                8.10 Danaher Corporation                                                           

                8.11 Sysmex Corporation                                                             

                8.12 Thermo Fisher Scientific, Inc.                                                            

  1. Competitive Landscape

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                        

                9.3 Agreements, collaborations and Joint Ventures                                                          

                9.4 New Product Launches                                                          

  1. Expert Opinions

                10.1 Market Outlook                                                     

                10.2 Investment Opportunities                                                 

Appendix                                                                           

  1. List of Tables
  2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Global In-Vitro Diagnostics Market By Region, From 2019-2024 ( USD Billion )                                                          
  2. Latin America Global In-Vitro Diagnostics Market By Type, From 2019-2024 ( USD Billion )                                                              
  3. Latin America Instruments Market By Region, From 2019-2024 ( USD Billion )                                                      
  4. Latin America Reagents and Kits Market By Region, From 2019-2024 ( USD Billion )                                                           
  5. Latin America Software Market By Region, From 2019-2024 ( USD Billion )                                                             
  6. Latin America Clinical Chemistry Market By Region, From 2019-2024 ( USD Billion )                                                           
  7. Latin America Hematology Market By Region, From 2019-2024 ( USD Billion )                                                      
  8. Latin America Immunoassays Market By Region, From 2019-2024 ( USD Billion )                                                 
  9. Latin America Coagulation and Hemostasis Market By Region, From 2019-2024 ( USD Billion )                                                      
  10. Latin America Molecular Diagnostics Market By Region, From 2019-2024 ( USD Billion )                                                   
  11. Latin America Microbiology Market By Region, From 2019-2024 ( USD Billion )                                                    
  12. Latin America Other IVD technologies Market By Region, From 2019-2024 ( USD Billion )                                                
  13. Latin America Diabetes Market By Region, From 2019-2024 ( USD Billion )                                                             
  14. Latin America Infectious Diseases Market By Region, From 2019-2024 ( USD Billion )                                                         
  15. Latin America Oncology/Cancer Market By Region, From 2019-2024 ( USD Billion )                                                            
  16. Latin America Cardiology Market By Region, From 2019-2024 ( USD Billion )                                                         
  17. Latin America Nephrology Market By Region, From 2019-2024 ( USD Billion )                                                       
  18. Latin America Autoimmune Diseases Market By Region, From 2019-2024 ( USD Billion )                                                  
  19. Latin America Drug Testing Market By Region, From 2019-2024 ( USD Billion )                                                     
  20. Latin America HIV Market By Region, From 2019-2024 ( USD Billion )                                                       
  21. Brazil Market By Product, From 2019-2024 ( USD Billion )                                                              
  22. Brazil Market By Technology, From 2019-2024 ( USD Billion )                                                       
  23. Brazil Market By Application, From 2019-2024 ( USD Billion )                                                       
  24. Mexico Market By Product, From 2019-2024 ( USD Billion )                                                          
  25. Mexico Market By Technology, From 2019-2024 ( USD Billion )                                                   
  26. Mexico Market By Application, From 2019-2024 ( USD Billion )                                                    
  27. Rest of Latin America Market By Product, From 2019-2024 ( USD Billion )                                                               
  28. Rest of Latin America Market By Technology, From 2019-2024 ( USD Billion )                                                        
  29. Rest of Latin America Market By Application, From 2019-2024 ( USD Billion )                                                        

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