Market Research Report

In Latin America, chronic infectious diseases caused by bacterial and viral pathogens are rising. Factors such as changing climatic conditions, increasing population, migration & mobility, and poor public health resources are causing this phenomenon. The pathogenic agents that cause emerging and re-emerging diseases in Latin America include bacterial pathogens (Salmonella enteritidis, Salmonella typhimurium, Salmonella typhi, Brucellaabortus, and Klebsiella pneumonia) and viral pathogens (HPV, HIV, EBV, Zika, and Chikungunya). Leprosy, dengue, leishmaniasis, HIV, Chagas disease, COVID-19 disease, and cancer are some of the prevalent diseases in this region. Chagas disease, a potentially life-threatening illness, is found mainly in the endemic areas of 21 Latin American countries. The parasites of this disease are transmitted by contact with feces/urine of infected blood-sucking triatomine bugs. Chagas disease is a neglected tropical disease (NTD) caused by the protozoan parasite...

  In Latin America, chronic infectious diseases caused by bacterial and viral pathogens are rising. Factors such as changing climatic conditions, increasing population, migration & mobility, and poor public health resources are causing this phenomenon. The pathogenic agents that cause emerging and re-emerging diseases in Latin America include bacterial pathogens (Salmonella enteritidis, Salmonella typhimurium, Salmonella typhi, Brucellaabortus, and Klebsiella pneumonia) and viral pathogens (HPV, HIV, EBV, Zika, and Chikungunya). Leprosy, dengue, leishmaniasis, HIV, Chagas disease, COVID-19 disease, and cancer are some of the prevalent diseases in this region. Chagas disease, a potentially life-threatening illness, is found mainly in the endemic areas of 21 Latin American countries. The parasites of this disease are transmitted by contact with feces/urine of infected blood-sucking triatomine bugs. Chagas disease is a neglected tropical disease (NTD) caused by the protozoan paras...

Meticulous Research ® – leading global market research company published a research report titled,  “Latin America In Vitro Diagnostics (IVD) Market by Product (Consumables, Instruments, Software), Technology (Immunoassay, Microbiology, Molecular Diagnostics), Application (Oncology, Diabetes), End User (Hospital, Reference Lab) - Forecast to 2027”. According to this latest publication from Meticulous Research ® , the  Latin American in vitro diagnostics market  is expected to grow at a CAGR of 7.9% from 2020 to reach to $6.3 billion by 2027. The growth in the IVD market in this region is mainly attributed to the factors such as growing prevalence of chronic and infectious diseases associated with rising geriatric population, rising adoption for automation in reference laboratories and hospitals, growing adoption of personalized medicine, and growing preference for point-of-care (POC) testing. Further, the development of condition specific markers and diagnostic kits off...