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LAMEA Laboratory Developed Tests Market Size, Share & Trends Analysis Report By Application, By Technology, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 136 Pages
  • June 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5982321
The Latin America, Middle East and Africa Laboratory Developed Tests Market would witness market growth of 8.1% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Laboratory Developed Tests Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $364.9 million by 2031. The Argentina market is showcasing a CAGR of 8.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.8% during (2024 - 2031).



Liquid biopsy assays, which analyze circulating biomarkers such as circulating tumor DNA (ctDNA), exosomes, and circulating tumor cells (CTCs), represent a burgeoning area of LDT development. Laboratories are developing liquid biopsy tests for cancer detection, monitoring, and treatment response assessment, offering minimally invasive alternatives to traditional tissue biopsies.

Innovation is a driving force in the laboratory developed tests market, catalyzing technological advancements, methodology, and clinical application advancements. Laboratories, research institutions, and industry stakeholders are pioneering new approaches to diagnostic testing, biomarker discovery, and therapeutic intervention, leading to diverse innovative LDTs.

The high prevalence of NCDs, such as cardiovascular diseases, diabetes, cancer, and respiratory disorders in Saudi Arabia, leads to a greater demand for diagnostic testing. As the burden of NCDs continues to rise, there is a corresponding increase in the utilization of LDTs in clinical practice, driving market expansion and revenue growth in the diagnostics sector. Non-communicable diseases (NCDs) cause 68% of Saudi Arabia’s deaths, according to the International Trade Administration (ITA). Adults with diabetes account for about 18% of the population, whereas obesity rates exceed 40%. Furthermore, The aging population in Brazil necessitates a greater emphasis on preventive healthcare services, promoting healthy aging, and preventing age-related complications. The aging population in Brazil necessitates a greater emphasis on preventive healthcare services, promoting healthy aging, and preventing age-related complications.

Based on Application, the market is segmented into Oncology, Genetic Disorders/Inherited Disease, Infectious & Parasitic Diseases, Endocrine, Immunology, Nutritional & Metabolic Disease, Cardiology, Mental/Behavioral Disorder, Pediatrics-specific Testing, and Others. Based on Technology, the market is segmented into Molecular Diagnostics, Immunoassays, Hematology & Coagulation, Microbiology, Clinical Chemistry, Histology/Cytology, Flow Cytometry, Mass Spectroscopy, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Neogenomics, Inc.
  • Guardant Health, Inc.
  • Qiagen N.V
  • Quest Diagnostics Incorporated
  • Abbott Laboratories
  • Siemens Healthineers AG (Siemens AG)
  • Illumina, Inc.
  • Bio-Rad Laboratories, Inc.
  • F.Hoffmann-La Roche Ltd.
  • Eurofins Scientific SE

Market Report Segmentation

By Application
  • Oncology
  • Genetic Disorders/Inherited Disease
  • Infectious & Parasitic Diseases
  • Endocrine
  • Immunology
  • Nutritional & Metabolic Disease
  • Cardiology
  • Mental/Behavioral Disorder
  • Pediatrics-specific Testing
  • Others
By Technology
  • Molecular Diagnostics
  • Immunoassays
  • Hematology & Coagulation
  • Microbiology
  • Clinical Chemistry
  • Histology/Cytology
  • Flow Cytometry
  • Mass Spectroscopy
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Laboratory Developed Tests Market, by Application
1.4.2 LAMEA Laboratory Developed Tests Market, by Technology
1.4.3 LAMEA Laboratory Developed Tests Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Laboratory Developed Tests Market.
Chapter 5. LAMEA Laboratory Developed Tests Market by Application
5.1 LAMEA Oncology Market by Country
5.2 LAMEA Genetic Disorders/Inherited Disease Market by Country
5.3 LAMEA Infectious & Parasitic Diseases Market by Country
5.4 LAMEA Endocrine Market by Country
5.5 LAMEA Immunology Market by Country
5.6 LAMEA Nutritional & Metabolic Disease Market by Country
5.7 LAMEA Cardiology Market by Country
5.8 LAMEA Mental/Behavioral Disorder Market by Country
5.9 LAMEA Pediatrics-specific Testing Market by Country
5.1 LAMEA Others Market by Country
Chapter 6. LAMEA Laboratory Developed Tests Market by Technology
6.1 LAMEA Molecular Diagnostics Market by Country
6.2 LAMEA Immunoassays Market by Country
6.3 LAMEA Hematology & Coagulation Market by Country
6.4 LAMEA Microbiology Market by Country
6.5 LAMEA Clinical Chemistry Market by Country
6.6 LAMEA Histology/Cytology Market by Country
6.7 LAMEA Flow Cytometry Market by Country
6.8 LAMEA Mass Spectroscopy Market by Country
6.9 LAMEA Others Market by Country
Chapter 7. LAMEA Laboratory Developed Tests Market by Country
7.1 Brazil Laboratory Developed Tests Market
7.1.1 Brazil Laboratory Developed Tests Market by Application
7.1.2 Brazil Laboratory Developed Tests Market by Technology
7.2 Argentina Laboratory Developed Tests Market
7.2.1 Argentina Laboratory Developed Tests Market by Application
7.2.2 Argentina Laboratory Developed Tests Market by Technology
7.3 UAE Laboratory Developed Tests Market
7.3.1 UAE Laboratory Developed Tests Market by Application
7.3.2 UAE Laboratory Developed Tests Market by Technology
7.4 Saudi Arabia Laboratory Developed Tests Market
7.4.1 Saudi Arabia Laboratory Developed Tests Market by Application
7.4.2 Saudi Arabia Laboratory Developed Tests Market by Technology
7.5 South Africa Laboratory Developed Tests Market
7.5.1 South Africa Laboratory Developed Tests Market by Application
7.5.2 South Africa Laboratory Developed Tests Market by Technology
7.6 Nigeria Laboratory Developed Tests Market
7.6.1 Nigeria Laboratory Developed Tests Market by Application
7.6.2 Nigeria Laboratory Developed Tests Market by Technology
7.7 Rest of LAMEA Laboratory Developed Tests Market
7.7.1 Rest of LAMEA Laboratory Developed Tests Market by Application
7.7.2 Rest of LAMEA Laboratory Developed Tests Market by Technology
Chapter 8. Company Profiles
8.1 Neogenomics, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Guardant Health, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Qiagen N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Quest Diagnostics Incorporated
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Acquisition and Mergers:
8.4.5 SWOT Analysis
8.5 Abbott Laboratories
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Siemens Healthineers AG (Siemens AG)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 Illumina, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segment and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Bio-Rad laboratories, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.6 SWOT Analysis
8.9 F. Hoffmann-La Roche Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Eurofins Scientific SE
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 SWOT Analysis

Companies Mentioned

  • Neogenomics, Inc.
  • Guardant Health, Inc.
  • Qiagen N.V
  • Quest Diagnostics Incorporated
  • Abbott Laboratories
  • Siemens Healthineers AG (Siemens AG)
  • Illumina, Inc.
  • Bio-Rad Laboratories, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Eurofins Scientific SE

Methodology

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