South and Central America Circulating Tumor Cell (CTC) Diagnostics Market

The South & Central America circulating tumor cell (CTC) diagnostics market is expected to reach US$ 214.0 million by 2028 from US$ 116.9 million in 2021. The market is estimated to grow at a CAGR of 9.0% from 2021 to 2028.

Health systems across the region are witnessing a substantial increase in the prevalence of cancer. Thus, the increased prevalence of cancer across South & Central America is propelling the demand for circulating tumor cell diagnostics. The analysis and detection of circulating tumor cells assist in early patient diagnosis, and the prognosis helps determine accurate treatment for these patient. The CTC diagnostics products  to detect various types of cancers, including prostate cancer, breast cancer, colorectal cancer, kidney cancer, lymphomas, lung cancer, and melanoma. There has been a high demand for CTC diagnostics in recent years due the reliability and accuracy of this technique in identifying the risk of various cancers and monitoring different cancer treatments.

Brazil, Argentina, Uruguay, Chile, Peru, and Colombia were hit by the second wave of corona infection. Brazil has registered the majority of deaths due to this disease in South and Central America. Moreover, COVID-19 impacted the number of patients undergoing cancer diagnosis, screening, and treatment. The havoc created by COVID-19 compelled majority of pharmaceutical and biotechnology companies to shift their focus on the development of novel therapies and diagnostics for this disease. Moreover, continuous strain due to the COVID-19 outbreak impacted supply chains, company operations, and distribution systems, including their R&D abilities, and novel product launches and services. Thus, the COVID-19 pandemic hampered the circulating tumor cell (CTC) diagnostics market in SCAM during the forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the circulating tumor cell (CTC) diagnostics market. The South & Central America circulating tumor cell (CTC) diagnostics market is expected to grow at a good CAGR during the forecast period.

South & Central America Circulating Tumor Cell (CTC) Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Circulating Tumor Cell (CTC) Diagnostics Market Segmentation

By Technology

• CTC detection and Enrichment Method
• CTC Direct Detection Methods
• CTC Analysis

By Application

• Clinical/Liquid Biopsy
  • Risk Assessment
  • Screening and Monitoring
• Research
  • Cancer Stem Cell and Tumorigenesis Research
  • Drug/Therapy Development

By End-User

• Hospitals and Clinics
• Research and Academic Institutes
• Diagnostic Centers

By Country

• Brazil
• Argentina
• Rest of South & Central America

Companies Mentioned

• Thermo Fisher Scientific Inc.
• Stemcell Technologies Inc.
• Qiagen
• Advanced Cell Diagnostics, Inc. (Bio-Techne Corporation)
• Fluxion Bioscience

South and Central America Circulating Tumor Cell (CTC) Diagnostics Strategic Insights

Strategic insights for the South and Central America Circulating Tumor Cell (CTC) Diagnostics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South and Central America Circulating Tumor Cell (CTC) Diagnostics Report Scope

South and Central America Circulating Tumor Cell (CTC) Diagnostics Regional Insights

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