The market growth in SAM is attributed to factors such as the rising prevalence of various cancer types across Brazil and Argentina. Increasing access to molecular pathology in the Brazilian health system is another factor propelling the market for frozen tissues samples. The flourishing understanding of molecular pathology of tumors, combined with a surge in new drugs and associated diagnostic technologies, has translated into improved survival rates for cancer patients.
Similar to Brazil, Argentina is one of the leading economies in SAM. The country has seen development in the private and public health sectors. Further, Argentina emphasizes increasing its human resources by employing highly qualified professionals the healthcare sector. The high-quality health services offered in this country are among the best in Latin America. The country has a well-developed medical tourism industry, as several medical centers offer world-class medical treatments. In addition, various international companies and market leaders also offer dialysis services across the country.
Apart from Brazil and Argentina, other major countries contributing to the growth of the frozen tissues samples market in SAM include Chile, Colombia, Peru, Cuba, Venezuela, and Bolivia. In addition, countries in the region are investing in improving their healthcare systems, with a prime focus on primary and advanced care.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM frozen tissues samples market at a notable CAGR during the forecast period.
The SAM frozen tissues samples market is segmented on the basis of product type, application, end user, and country. The market, based on product, is segmented into frozen normal tissues samples, frozen tumor tissues samples, and frozen diseased tissue samples. The frozen tissue tumor samples segment held the largest share of the market in 2021. Based on application, the SAM frozen tissues samples market is segmented into disease diagnosis and treatment, cancer and other diseases research, and morphological analysis. In 2021, the cancer and other diseases research segment accounted for the largest share of the market. The SAM frozen tissues samples market, by end user, is segmented into academic and research institutes, hospitals and clinics, diagnostic centers, and others. In 2021, the academic and research institutes segment held the largest market share. Based on country, the SAM frozen tissues samples market is segmented into Brazil, Argentina, and Rest of SAM.
AMS Biotechnology Ltd.; Audubon Bioscience Co; Bay Biosciences LLC; BioChain Institute Inc.; OriGene Technologies, Inc.; ProteoGenex, Inc.; REPROCELL Inc.; and ZenBio, Inc. are among the leading companies in the SAM frozen tissues samples market.