The Latin America High Resolution Melting Analysis Market was worth $41.42 million in 2016 and is projected to be growing at a CAGR of 3.1%, to touch $48.26 million by 2021.
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High Resolution Melting Analysis consists of screening the double stranded DNA, subjected to certain temperatures which heats and splits the DNA. The splitting is compared with that of a normal DNA splitting and abnormalities are noted.
The procedure of HRM helps in the identification of mutations, genetic abnormalities and polymorphisms.
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High Resolution Melting Analysis is a branch of molecular biology which includes other techniques like genotyping.
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The growth of the Europe High Resolution Melting Analysis Market is mostly driven by the benefits that HRM offers over its counterparts like genotyping, which are its higher efficiency, high accuracy and smaller cycle times. Rising incidence of infectious diseases and genetic ailments, successful healthcare infrastructure, growing public-private investments in the genomics sector and the upsurge in the count of elderly populace are among the other drivers of market growth.
Technological discrepancies, low awareness and low penetration of HRM technology are among the constraints that the market faces.
The Latin America High Resolution Melting Analysis Market is segmented on the basis of Product and Service, Application, End User and geography. Based on Product and Service, the market is divided into Instruments, Reagents and Consumables, Software and Services.
Based on Application, the High Resolution Melting Analysis Market is segmented into Mutation Discovery, SNP Genotyping, Species Identification, Pathogen Identification, Epigenetics, and Other Applications. Based on the End User, the market is categorized into Pharmaceutical and Biotechnology Companies, Research Laboratories and Academic Institutes, Hospitals and Diagnostic Centers and others.
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Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia.
There is potential for a market boom in the future due to the presence of large untapped markets.
The significant players in the Latin America High Resolution Melting Analysis market are Thermo Fisher Scientific Inc. (U.S.), F. Hofmann-La Roche Ltd.
(Switzerland), Bio-Rad Laboratories (U.S.), and QIAGEN N.V. (Netherlands). Other players in the market include Agilent Technologies Inc.
(U.S.), bioMérieux S.A. (France), Illumina, Inc. (U.S.), Meridian Bioscience, Inc.
(U.S.), Novacyt (France), Azura Genomics (U.S.), Canon Biomedical (U.S.), and PREMIER Biosoft (U.S.), among others.
High Resolution Melting Analysis Market Segmentation:
Product and Service
- Reagents and Consumables
- Specialized Pcr Reagents
- Intercalating Dyes
- Software and Services
- Y-o-Y Growth Analysis, By Product and Service
- Market Attractiveness Analysis, By Product and Service
- Market Share Analysis, By Product and Service
- SNP Genotyping
- Mutation Discovery
- Species Identification
- Pathogen Identification
- Other Applications
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
- Research Laboratories and Academic Institutes
- Pharmaceutical and Biotechnology Companies
- Hospitals and Diagnostic Centres
- Other End Users
- Y-o-Y Growth Analysis, By End User
- Market Attractiveness Analysis, By End User
- Market Share Analysis, By End User
The scope of the report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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