South and Central America Molecular Quality Controls Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Independent Controls, and Instrument Specific Controls), Analyte Type (Single Analyte Controls, and Multi Analyte Controls), Application (Infectious Diseases, Oncology, Genetic Testing, and Other Applications), and End User (Clinical Laboratories, Hospitals, IVD Manufacturers & Contract Research Organizations, Academic & Research Institutes, and Other End Users)
Market Introduction
Molecular quality controls help to monitor the performance of testing procedures. These tests are helpful to achieve critical and accurate diagnostic information. These controls are used to determine transmissible and genetic diseases too. Moreover, the molecular quality controls also help to monitor the performance of nucleic acid testing protocols for healthcare associated infections, viral load assays and sexually transmitted infections.
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Market Overview and Dynamics
The South and Central America molecular quality controls market is expected to reach US$ 22.84 million in 2028 from US$ 11.94 million in 2021; it is estimated to grow at a CAGR of 9.7% from 2021 to 2028. Factors such as growing funds for genomics, declining cost of sequencing procedures, and increasing prevalence of genetic diseases fuel the growth of the market. However, the dearth of skilled professionals hinders the market growth.
According to the WHO suggestions, 30–50% of deaths caused due to cancer can be prevented by adequate treatment in early stages. In this scenario, personalized medicine offers the most promising approach to tackle diseases that have not been well-known for responding effectively to the existing treatments or cures. Further, digitization is enabling doctors to make decisions about a patient’s cancer treatment, based on the genetic make-up of tumors or cancerous tissues. Thus, these advancements are making personalized medicine a reality by enabling the development of highly targeted therapies that offer the potential for improved treatment outcomes, especially for cancer patients. Moreover, personalized medicine considers genetic, environmental, and lifestyle variability. Hence, the increasing adoption of personalized medicines, based on patient’s genetic information, for disease treatments is expected to emerge as a notable trend in the molecular quality controls market in the coming years. Also, the cost of genome sequencing, as well as next-generation sequencing, has dropped radically in the past 6–7 years. Moreover, the process requires a lesser number of days for completion. Lowering costs and accelerating overall process enable service providers to secure larger profit margins, along with helping them expand their clientele. Thus, the lowered cost of genome sequencing is propelling the number of molecular biology procedures carried out for different purpose, thereby driving the use of molecular quality controls.
South and Central America have been witnessing a growing number of COVID-19 cases since its outbreak. The increasing incidence of COVID-19 supports the growth of the market. International market players are entering the region and offering diagnostic kits for COVID-19. For instance, South Korea’s molecular diagnostics company Seegene Inc. is entering the Brazilian market and launched multi-assay product Allplex, a SARS-CoV-2/FluA/FluB/RSV test which is able to screen and differentiate eight targets. Also, the pharmaceutical & biotechnology industries have invested in R&D for the new molecule entity for quality controls in healthcare. These factors had a positive impact on the South and Central America molecular quality controls market.
Key Market Segments
The South and Central America molecular quality controls market, by product, is segmented into independent controls and instrument specific controls. The independent controls segment held a larger share of the market in 2020 whereas the same is anticipated to register the highest CAGR in the market during the forecast period.
Based on analyte type, the South and Central America molecular quality controls market has been segmented into single analyte controls and multi-analyte controls. The single analyte controls segment held a larger share of the market in 2020, whereas the multi-analyte control segment is estimated to register the highest CAGR in the market during the forecast period.
The South and Central America molecular quality control market, by application, is segmented into, infectious diseases, oncology, genetic testing, and other applications. The infectious diseases segment held the largest share of the market in 2020, whereas the oncology segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on end user, the South and Central America molecular quality control market is segmented into clinical laboratories, hospitals, IVD manufacturers & contract research organizations, academic & research institutes, and other end users. The clinical laboratories segment held the largest share of the market in 2020 and is estimated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the South and Central America molecular quality control market are the Biotechnology Industry Research Assistance Council (BIRAC), Council of Scientific & Industrial Research (CSIR) and Center for Cancer Genomics and Advanced Therapeutics(C-CAT).
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SOUTH AND CENTRAL AMERICA MOLECULAR QUALITY CONTROL MARKET SEGMENTATION
By Product
- Independent Controls
- Instrument Specific Controls
- PCR
- DNA Sequencing and NGS
By Analyte Type
- Single Analyte Controls
- Multi Analyte Controls
By Application
- Infectious Diseases
- Oncology
- Genetic Testing
- Other Applications
By End User
- Clinical Laboratories
- Hospitals
- IVD Manufacturers & Contract Research Organizations
- Academic & Research Institutes
- Other End Users
By Country
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- THERMO FISHER SCIENTIFIC INC.
- BIO-RAD LABORATORIES INC.
- HOFFMANN-LA ROCHE LTD.
- Abbott
- Microbiologics
- Seracare Life Sciences
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South and Central America Molecular Quality Controls Market – By Product
1.3.2 South and Central America Molecular Quality Controls Market – By Analyte Type
1.3.3 South and Central America Molecular Quality Controls Market – By Application
1.3.4 South and Central America Molecular Quality Controls Market – By End User
1.3.5 South and Central America Molecular Quality Controls Market – By Country
2. Molecular Quality Controls Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Molecular Quality Controls Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South and Central America (SCAM) – PEST Analysis
4.1 Expert Opinions
5. Molecular Quality Controls Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Funds for Genomics
5.1.2 Declining Cost of Sequencing Procedures
5.1.3 Increasing Prevalence of Genetic Diseases
5.2 Market Restraints
5.2.1 Dearth of Skilled Professionals
5.3 Market Opportunities
5.3.1 Rise in Adoption of Molecular Diagnostics
5.4 Future Trends
5.4.1 Burgeoning Demand for Personalized Medicines
5.5 Impact analysis
6. Molecular Quality Controls Market – South and Central America Analysis
6.1 South and Central America Molecular Quality Controls Market Revenue Forecast and Analysis
7. Molecular Quality Controls Market Analysis – By Product
7.1 Overview
7.2 Molecular Quality Controls Market Revenue Share, by Product 2020 and 2028)
7.3 Independent Controls
7.3.1 Overview
7.3.2 Independent Controls: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Instrument Specific Controls
7.4.1 Overview
7.4.2 Instrument Specific Controls: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
7.4.3 PCR
7.4.3.1 Overview
7.4.3.2 PCR: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
7.4.4 DNA Sequencing and NGS
7.4.4.1 Overview
7.4.4.2 DNA Sequencing and NGS: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
8. Molecular Quality Controls Market – By Analyte Type
8.1 Overview
8.2 Molecular Quality Controls Market, by Analyte Type, 2020 and 2028 (%)
8.3 Single Analyte Controls
8.3.1 Overview
8.3.2 Single Analyte Controls: Molecular Quality Controls Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Multi-Analyte Controls
8.4.1 Overview
8.4.2 Multi-Analyte Controls: Molecular Quality Controls Market – Revenue and Forecast to 2028 (US$ Million)
9. Molecular Quality Control Market Analysis – By Application
9.1 Overview
9.2 Molecular Quality Control Market Revenue Share, by Application (2020 and 2028)
9.3 Infectious Diseases
9.3.1 Overview
9.3.2 Infectious Diseases: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oncology
9.4.1 Overview
9.4.2 Oncology: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Genetic Testing
9.5.1 Overview
9.5.2 Genetic Testing: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Other Applications
9.6.1 Overview
9.6.2 Other Applications: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
10. Molecular Quality Control Market Analysis – By End User
10.1 Overview
10.2 Molecular Quality Control Market Share, by End User, 2020 and 2028, (%)
10.3 Clinical laboratory
10.3.1 Overview
10.3.2 Clinical Laboratory: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Hospitals
10.4.1 Overview
10.4.2 Hospitals: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Academic and Research Institutes
10.5.1 Overview
10.5.2 Academic and Research Institutes: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
10.6 IVD Manufacturers and Contract Research Organizations
10.6.1 Overview
10.6.2 IVD Manufacturers & Contract Research Organizations: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Other End Users
10.7.1 Overview
10.7.2 Other End Users: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
11. Molecular Quality Controls Market – South and Central America Analysis
11.1 South and Central America: Molecular Quality Control Market
11.1.1 Overview
11.1.2 South and Central America: Molecular Quality Control Market - Revenue and Forecast to 2028 (USD Million)
11.1.3 South and Central America Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
11.1.3.1 South and Central America: Molecular Quality Control Market, by Instrument-Specific Controls, 2019–2028 (USD Million)
11.1.4 South and Central America Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
11.1.5 South and Central America Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.6 South and Central America Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.7 South and Central America: Molecular Quality Control Market Share by Country – 2020 & 2028, (%)
11.1.7.1 Brazil: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.1.1 Brazil: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.1.2 Brazil Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
11.1.7.1.2.1 Brazil Molecular Quality Controls Market, by Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
11.1.7.1.3 Brazil Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.1.4 Brazil Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.7.1.5 Brazil Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.7.2 Argentina: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.2.1 Argentina: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
11.1.7.2.2 Argentina Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
11.1.7.2.2.1 Argentina Molecular Quality Controls Market, by Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
11.1.7.2.3 Argentina Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.2.4 Argentina Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.7.2.5 Argentina Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.7.3 Rest of South and Central America: Molecular Quality Control Market - Revenue and Forecast to 2028 (USD Million)
11.1.7.3.1 Rest of South and Central America: Molecular Quality Control Market - Revenue and Forecast to 2028 (USD Million)
11.1.7.3.2 Rest of South and Central America Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
11.1.7.3.2.1 Rest of South and Central America Molecular Quality Controls Market, by Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
11.1.7.3.3 Rest of South and Central America Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.3.4 Rest of South and Central America Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.7.3.5 Rest of South and Central America Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
12. Impact of COVID-19 Pandemic on South and Central America Molecular Quality Controls Market
12.1 South and Central America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Organic Developments
13.2.1 Overview
13.3 Inorganic Developments
13.3.1 Overview
14. Company Profiles
14.1 THERMO FISHER SCIENTIFIC INC.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 BIO-RAD LABORATORIES INC.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 HOFFMANN-LA ROCHE LTD.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Abbott
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Microbiologics
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Seracare Life Sciences
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. South and Central America Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 2. South and Central America: Molecular Quality Control Market, by Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
Table 3. South and Central America Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
Table 4. South and Central America Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 5. South and Central America Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 6. Brazil Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 7. Brazil Molecular Quality Control Market, By Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
Table 8. Brazil Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Brazil Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 10. Brazil Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 11. Argentina Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 12. Argentina Molecular Quality Control Market, By Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
Table 13. Argentina Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
Table 14. Argentina Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 15. Argentina Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 16. Rest of South and Central America Molecular Quality Control Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of South and Central America Molecular Quality Controls Market, by Instrument-Specific Controls – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of South and Central America Molecular Quality Control Market, By Analyte Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of South and Central America Molecular Quality Control Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of South and Central America Molecular Quality Control Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 21. Organic Developments Done by Companies
Table 22. Inorganic Developments Done by Companies
Table 23. Glossary of Terms, Molecular Quality Controls Market
LIST OF FIGURES
Figure 1. Molecular Quality Controls Market Segmentation
Figure 2. Molecular Quality Controls Market Segmentation, By Country
Figure 3. Molecular Quality Controls Market Overview
Figure 4. Independent Controls Segment Held Largest Share of Molecular Quality Controls Market
Figure 5. South and Central America Molecular Quality Controls Market – Leading Country Markets (US$ Million)
Figure 6. South and Central America (SCAM) PEST Analysis
Figure 7. Molecular Quality Controls Market Impact Analysis of Drivers and Restraints
Figure 8. South and Central America Molecular Quality Controls Market – Revenue Forecast and Analysis – 2020- 2028
Figure 9. Molecular Quality Controls Market Revenue Share, by Product (2020 and 2028)
Figure 10. Independent Controls: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
Figure 11. Instrument Specific Controls: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
Figure 12. PCR: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. DNA Sequencing and NGS: Molecular Quality Controls Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. Molecular Quality Controls Market, by Analyte Type, 2020 and 2028 (%)
Figure 15. Single Analyte Controls: Molecular Quality Controls Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Multi-Analyte Controls: Molecular Quality Controls Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Molecular Quality Control Market Revenue Share, by Application (2020 and 2028)
Figure 18. Infectious Diseases: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Oncology: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Genetic Testing: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Other Applications: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Molecular Quality Control Market Share, by End User, 2020 and 2028 (%)
Figure 23. Clinical Laboratory Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Hospitals: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Academic and Research Institutes: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. IVD Manufacturers & Contract Research Organizations: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Other End Users: Molecular Quality Control Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. South and Central America: Molecular Quality Control Market, By Key Country – Revenue (2020) (USD Million)
Figure 29. South and Central America: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
Figure 30. South and Central America: Molecular Quality Control Market Share by Country – 2020 & 2028, (%)
Figure 31. Brazil: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
Figure 32. Argentina: Molecular Quality Control Market- Revenue and Forecasts To 2028 (USD Million)
Figure 33. Rest of South and Central America: Molecular Quality Control Market - Revenue and Forecast to 2028 (USD Million)
Figure 34. Impact of COVID-19 Pandemic in South and Central America Country Markets
- THERMO FISHER SCIENTIFIC INC.
- BIO-RAD LABORATORIES INC.
- HOFFMANN-LA ROCHE LTD.
- Abbott
- Microbiologics
- Seracare Life Sciences
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