Leading Players in Latin America's Thriving In Vitro Diagnostics (IVD) Market


Posted October 31, 2023 by Swatimote

Latin America In Vitro Diagnostics Market by Product & Solution, Technology (Immunoassay, Point of Care, Molecular Diagnostics), Application (Infectious Diseases, Diabetes, Oncology), Diagnostic Approach (Lab, OTC, PoC), End User - Forecast to 2030

 
The Latin America In Vitro Diagnostics (IVD) Market is set for substantial growth, with an anticipated Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period. This growth trajectory is expected to propel the market from $4.44 billion in 2023 to a robust $6.45 billion by 2030, as per the latest report by 'Meticulous Research®'. The market comprises consumables, such as kits & reagents, instruments, software, and services. The surge is driven by factors like the increasing prevalence of both communicable and non-communicable diseases, the rise of medical tourism, a shift towards decentralized testing, and the growing awareness of early disease diagnosis.
Top 10 companies that are at the forefront of the Latin America In Vitro Diagnostics Market: https://meticulousblog.org/top-10-companies-in-latin-america-in-vitro-diagnostics-ivd-market/
1. F. Hoffmann-La Roche Ltd. (Switzerland)
Established: 1896 Headquarters: Basel, Switzerland
Key Offerings: Centralized and point-of-care kits & reagents, advanced staining reagents, molecular diagnostic tests, blood screening tests
Presence in Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Dominican Republic, Ecuador, Mexico, and more.
2. Abbott Laboratories (U.S.)
Established: 1888
Headquarters: Illinois, U.S.
Key Offerings: Diagnostics, medical devices, nutrition, and branded generic pharmaceuticals
IVD Segments: Core Laboratory, Rapid Diagnostics, Point of Care, Molecular
Global Reach: Operations across 90 manufacturing facilities
3. Danaher Corporation (U.S.)
Established: 1969
Headquarters: Washington, U.S.
Key Offerings: Analytical instruments, reagents, consumables, software, and services for healthcare settings
IVD Segments: Clinical Lab Diagnostics, Critical Care Diagnostics, Anatomical & Pathological Diagnostics
Global Footprint: 212 R&D, manufacturing, sales, distribution, and service facilities in more than 60 countries worldwide
4. Siemens Healthineers AG (Germany)
Established: 1847
Headquarters: Erlangen, Germany
Key Offerings: Medical imaging, laboratory diagnostics, point-of-care testing
Business Segments: Imaging, Diagnostics, Varian, Advanced Therapies
Global Presence: Operations in more than 70 countries
5. Becton, Dickinson and Company (U.S.)
Established: 1897
Headquarters: New Jersey, U.S.
Key Offerings: Medical supplies, devices, laboratory equipment, and diagnostic products
Business Segments: BD Medical, BD Life Sciences, BD Interventional
Broad Distribution: Presence in the U.S., Brazil, Canada, China, and more.
6. bioMérieux SA (France)
Established: 1963
Headquarters: Marcy l’Etoile, France
Key Offerings: Reagents, instruments, and software for clinical diagnostics
Products: Used for infectious disease diagnostics and detecting microorganisms in agri-food, pharmaceuticals, and cosmetics
Global Network: Presence in 160 countries through subsidiaries and production sites.
7. Thermo Fisher Scientific Inc. (U.S.)
Established: 2006
Headquarters: Massachusetts, U.S.
Key Offerings: Analytical instruments, laboratory equipment, laboratory services, and diagnostics instruments
IVD Solutions: Specialty Diagnostics segment
Global Reach: Regional offices and production sites in various countries.
8. QIAGEN N.V. (Netherlands)
Business Focus: Instruments, consumables, and digital bioinformatics solutions for oncology, infectious diseases, and more
Business Segments: Molecular Diagnostics and Life Sciences
Broad Reach: Products sold to more than 500,000 customers in 35 countries.
9. Wama Diagnóstica (Brazil)
Specialization: Kits & reagents for laboratory diagnostics, immunodiagnostics, and immuno-chromatographic tests
Certifications: ISO 13485, ISO 9001, GMP
Private Ownership: A privately held company.
10. Wiener Laboratorios SAIC (Argentina)
Offerings: Kits & analyzers for clinical chemistry, hematology, coagulation, and immunology assays
Presence: Manufacturing facility in Venezuela and affiliate companies in multiple Latin American countries.
Meticulous Research®'s latest report predicts a growth rate of 5.5% in the Latin America In Vitro Diagnostics Market for the period 2023-2030. The comprehensive report offers in-depth analysis of each of these companies, covering financial performance, key products, company strategies, partnerships, acquisitions, and more. It also provides global market size estimates, market share analysis, revenue figures, and insights into key industry trends and issues.
Top 10 Companies in Latin America In Vitro Diagnostics (Ivd) Market : https://meticulousblog.org/top-10-companies-in-latin-america-in-vitro-diagnostics-ivd-market/
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Meticulous Research®
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Issued By Swati Ubale
Country India
Categories Free , Health , Industry
Tags in vitro diagnostics , in vitro diagnostics market , latin america in vitro diagnostics market
Last Updated October 31, 2023