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South America Genomics Market Outlook, 2030

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    Report

  • 81 Pages
  • June 2025
  • Bonafide Research
  • ID: 6103175
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The genomic medicine industry in South America is gradually gaining traction, standing at the intersection of innovation, public health need, and systemic complexity. Although the region lags behind North America, Europe, and parts of Asia in terms of genomic infrastructure and clinical implementation, it holds immense potential due to its rich genetic diversity, rising burden of chronic diseases, and increasing governmental and academic interest in personalized medicine.

Countries like Brazil, Argentina, Chile, and Colombia are beginning to recognize the transformative value of genomics in healthcare, investing in national research initiatives, public health genomics programs, and capacity-building measures to integrate genomic tools into clinical practice. The journey, however, is still nascent, marked by promising progress in select areas and significant gaps in others. One of South America's most powerful assets is its unparalleled genetic diversity, shaped by centuries of admixture between Indigenous peoples, Europeans, Africans, and more recently, Asian populations.

This mosaic of genetic backgrounds offers a unique opportunity to uncover novel gene-disease associations that remain unexplored in largely Eurocentric genomic studies. By studying these diverse populations, researchers in the region can identify population-specific variants that influence susceptibility to diseases such as diabetes, hypertension, cancer, and infectious diseases.

Brazil, for instance, with its population of over 200 million people and substantial genetic heterogeneity, has launched several initiatives aimed at cataloging its population's genetic makeup. Projects such as the Brazilian Initiative on Precision Medicine (BIPMed) and Rede Genoma Brasil are setting foundational frameworks for the application of genomic technologies in national healthcare, particularly in rare disease diagnosis and oncology.

According to the research report “South America Genomic Medicine Market Outlook, 2030” the market is projected to add USD 2.38 Billion from 2025 to 2030. The integration of genomic medicine into clinical care is slowly emerging across select South American countries, primarily in academic hospitals and urban health centers. In Brazil, genomic testing is being used more frequently in oncology to identify specific mutations in tumors that respond to targeted therapies. Argentina’s National Program for Rare Diseases is incorporating genetic screening as part of its broader strategy to address conditions that are often misdiagnosed due to a lack of specialized infrastructure.

Colombia and Chile have launched pilot programs to explore how genomic screening could support early diagnosis and preventive health, particularly for high-impact conditions such as hereditary cancers and cardiovascular diseases. However, such applications are currently limited to major urban centers, leaving large rural and underserved populations without access to the benefits of precision medicine. A significant driver of genomic medicine in South America is academic research, often in collaboration with international partners.

Universities and research institutes, such as the University of São Paulo (Brazil), the National Scientific and Technical Research Council (CONICET) in Argentina, and Pontificia Universidad Católica in Chile, are at the forefront of local genomic studies. These institutions are not only generating valuable data but also training a new generation of researchers, geneticists, and clinicians who are essential to scaling up genomic services in the region.

International collaborations with institutions in Europe and North America have been instrumental in providing technical expertise, funding, and access to sequencing technologies. However, building sustainable local capacity remains critical, particularly in bioinformatics and data science, where there is a shortage of skilled professionals capable of managing and interpreting complex genomic datasets.

Market Drivers

  • Genetic Diversity and Admixed Populations: South America is home to highly admixed populations with European, Indigenous, African, and Asian ancestries. This unique genetic makeup creates an urgent need for localized genomic data, as imported genomic tools from Europe or North America often lack accuracy or relevance. Countries like Brazil, Argentina, and Chile are increasingly investing in population-specific research to enhance clinical outcomes and bridge global data gaps.
  • Public Health System Integration in Select Nations: Some South American countries most notably Brazil with its SUS (Unified Health System) are pushing to integrate genomic medicine into public healthcare. Brazil’s Genomas Brasil project is sequencing thousands of individuals to inform national health strategies, focusing on diseases like cancer, rare genetic disorders, and pharmacogenomics. These public-sector efforts aim to make genomics more accessible to the general population rather than an elite offering.

Market Challenges

  • Insufficient Genomic Infrastructure and Investment: Many South American countries face underfunded health systems and limited R&D infrastructure. Advanced technologies like next-generation sequencing (NGS), bioinformatics, and high-throughput diagnostics are mostly concentrated in a few urban research centers, with minimal reach into rural or underserved regions.
  • Limited Regional Collaboration and Data Standardization: Unlike Europe or Asia-Pacific, South America lacks strong cross-national genomic networks or harmonized data-sharing frameworks. The absence of regional regulatory alignment and funding mechanisms slows down continent-wide genomic efforts, limiting scalability and innovation.

Market Trends

  • Growth of Academic-Led and Non-Profit Genomic Projects: Academic institutions and consortia such as Brazil’s Fiocruz Institute and Argentina’s CONICET are playing a pivotal role in driving genomics research. These institutions focus on local health priorities like Chagas disease, Zika virus, rare diseases, and cancer, emphasizing publicly available genomic data and equitable applications.
  • Rise of Latin American Genomic Biobanks and Cohorts: There is growing momentum in building regional biobanks and genetic databases. Projects like ABraOM (Online Archive of Brazilian Mutations) aim to document genetic variants specific to Latin American populations. These efforts are essential to improving diagnostic accuracy and tailoring treatments in a context-specific manner.
Services are growing in the South America genomic medicine market due to increasing demand for accessible genetic testing, counseling, and sequencing solutions driven by limited local infrastructure and rising healthcare awareness.

The services segment is experiencing notable growth in the South America genomic medicine market because it fills a critical gap between the region’s rising demand for personalized medicine and the current limitations in in-house infrastructure for genomic testing and analysis. Countries like Brazil, Argentina, and Chile are seeing increased awareness among healthcare providers and patients about the potential of genomic medicine in managing chronic diseases, hereditary conditions, and cancers. However, many hospitals and laboratories in the region still lack the advanced equipment or trained personnel required for full-scale genomic operations.

As a result, outsourced genomic services such as next-generation sequencing (NGS), bioinformatics, genetic counseling, and diagnostics are gaining traction as a more viable and cost-effective solution. Local and international service providers are stepping in to offer flexible testing options, either through partnerships with medical centers or via direct-to-consumer platforms, making genomic medicine more accessible even in semi-urban and rural areas.

Furthermore, public and private health initiatives are beginning to include population-based screening programs and research collaborations that depend heavily on external service capabilities for sample processing and data interpretation. The growing role of telemedicine in genetic counseling and the influx of international investment into genomic startups and labs in South America are also accelerating this shift.

Precision medicine is growing in the South America genomic medicine market due to the increasing burden of chronic and genetic diseases, coupled with the need for more effective, personalized treatment approaches in resource-constrained healthcare systems.

The adoption of precision medicine in South America is accelerating as the region confronts a mounting incidence of complex health conditions such as cancer, cardiovascular diseases, diabetes, and rare genetic disorders many of which require more targeted and efficient treatment strategies than traditional approaches. In countries like Brazil, Argentina, and Colombia, healthcare systems are under pressure to improve outcomes while controlling costs, and precision medicine offers a compelling solution by aligning treatment plans with individual genetic profiles.

This shift is supported by the expansion of genomic research initiatives, the growing availability of next-generation sequencing (NGS) technologies, and increased collaboration between governments, universities, and private companies. These efforts have laid the groundwork for integrating genomic insights into mainstream clinical practice. Additionally, patient awareness and demand for personalized healthcare solutions are rising, particularly in urban areas, where more advanced medical facilities are located. Clinical applications of precision medicine especially in oncology, pharmacogenomics, and rare disease diagnostics are showing promising results, encouraging further investment and policy support.

The region is also benefitting from international partnerships that bring both technological capabilities and knowledge transfer, enabling local adaptation of global best practices in genomic-driven care. As South America continues to embrace digital health innovations and medical modernization, precision medicine stands out as a transformative force for improving patient outcomes, increasing healthcare efficiency, and driving the overall growth of the genomic medicine sector.

Academic and government institutes are growing in the South America genomic medicine market due to their pivotal role in spearheading research, building genomic databases, and driving public health initiatives in the absence of widespread private infrastructure.

In South America, academic and government institutes are increasingly central to the expansion of genomic medicine, largely because they are the primary drivers of research, innovation, and public health implementation in this field. Unlike in more developed regions where private enterprises dominate genomic advancement, South America relies heavily on its public universities, research councils, and national health agencies to explore the applications of genomics in healthcare.

Institutions such as Fiocruz and the University of São Paulo in Brazil and CONICET in Argentina are leading regional genomic studies, conducting population-based genome projects, and developing localized genomic reference data, which are essential for effective precision medicine. These institutes also receive support from international collaborations, such as with NIH, the Wellcome Trust, or European genomics programs, bringing in funding, expertise, and advanced technologies. Furthermore, governments in the region are recognizing the strategic importance of genomics in managing public health challenges, such as infectious disease outbreaks (e.g., Zika, COVID-19), hereditary diseases, and cancer.

As a result, national genomic medicine programs and policies are being formulated to integrate genomics into public health systems. These efforts often begin within academic or government research facilities, which then act as hubs for capacity building, workforce training, and policy development. With rising investment, expanding bioinformatics infrastructure, and the need for evidence-based health interventions tailored to South America's diverse genetic populations, academic and government institutes are not just growing in influence they are becoming the foundation of the region's genomic medicine ecosystem.

Colombia is growing in the South America genomic medicine market due to strong government-backed healthcare reforms, expanding genomic research infrastructure, and increasing public-private collaborations in precision medicine and diagnostics.

Colombia’s growth in the genomic medicine market is being fueled by a combination of progressive healthcare policies, robust academic involvement, and strategic investment in biotechnology and genetic research. The country has made significant strides in modernizing its healthcare system, with a particular focus on integrating innovative technologies that can improve disease prevention, diagnosis, and treatment. Genomic medicine aligns closely with these goals, especially as Colombia faces a rising burden of chronic diseases, rare disorders, and cancer all areas where precision-based approaches offer higher efficacy.

Major universities and research institutions, such as Universidad de los Andes and Universidad Nacional de Colombia, are advancing genomic studies, while government-backed agencies like Colciencias (now part of the Ministry of Science, Technology and Innovation) are funding research into genetic epidemiology and population genomics. Colombia’s genetic diversity, due to its mixed ancestry population, also makes it a valuable location for genomic research with global relevance.

Additionally, the country is becoming a hub for public-private collaborations, with biotech startups, diagnostic companies, and international organizations launching pilot programs and localized genomic services. These initiatives are supported by favorable regulations, improvements in data infrastructure, and increasing awareness among clinicians and patients. As a result, Colombia is emerging as a regional leader in the application of genomics to public health, positioning itself at the forefront of South America’s growing genomic medicine landscape.

Considered in this report

  • Historic Year: 2019
  • Base year: 2024
  • Estimated year: 2025
  • Forecast year: 2030

Aspects covered in this report

  • Genomic Market with its value and forecast along with its segments
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

By Product & Services

  • Products
  • Services

By Technology

  • Next-Generation Sequencing (NGS)
  • PCR
  • Microarrays
  • Sanger Sequencing
  • Flow Cytometry
  • Others

By Application

  • Diagnostics (Oncology, Cardiology, Rare Diseases, Infectious Diseases, Others)
  • Drug Discovery and Development
  • Precision Medicine
  • Agriculture & Animal Genomics
  • Other Applications

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases.

After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to this industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.4. Supply chain Analysis
2.5. Policy & Regulatory Framework
2.6. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. South America Genomic Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Product & Services
6.4. Market Size and Forecast, By Technology
6.5. Market Size and Forecast, By Application
6.6. Brazil Genomic Market Outlook
6.6.1. Market Size by Value
6.6.2. Market Size and Forecast By Product & Services
6.6.3. Market Size and Forecast By Technology
6.6.4. Market Size and Forecast By Application
6.7. Argentina Genomic Market Outlook
6.7.1. Market Size by Value
6.7.2. Market Size and Forecast By Product & Services
6.7.3. Market Size and Forecast By Technology
6.7.4. Market Size and Forecast By Application
6.8. Colombia Genomic Market Outlook
6.8.1. Market Size by Value
6.8.2. Market Size and Forecast By Product & Services
6.8.3. Market Size and Forecast By Technology
6.8.4. Market Size and Forecast By Application
7. Competitive Landscape
7.1. Competitive Dashboard
7.2. Business Strategies Adopted by Key Players
7.3. Key Players Market Positioning Matrix
7.4. Porter's Five Forces
7.5. Company Profile
7.5.1. Illumina, Inc.
7.5.1.1. Company Snapshot
7.5.1.2. Company Overview
7.5.1.3. Financial Highlights
7.5.1.4. Geographic Insights
7.5.1.5. Business Segment & Performance
7.5.1.6. Product Portfolio
7.5.1.7. Key Executives
7.5.1.8. Strategic Moves & Developments
7.5.2. Agilent Technologies, Inc.
7.5.3. Thermo Fisher Scientific Inc.
7.5.4. Bio-Rad Laboratories, Inc.
7.5.5. Qiagen N.V.
7.5.6. Eurofins Scientific SE
7.5.7. Eppendorf AG
7.5.8. Roche Holding AG
8. Strategic Recommendations
9. Annexure
9.1. FAQ`s
9.2. Notes
9.3. Related Reports
10. Disclaimer
List of Figures
Figure 1: Global Genomic Market Size (USD Billion) By Region, 2024 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: South America Genomic Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 5: South America Genomic Market Share By Country (2024)
Figure 6: Brazil Genomic Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 7: Argentina Genomic Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 8: Colombia Genomic Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 9: Porter's Five Forces of Global Genomic Market
List pf Tables
Table 1: Global Genomic Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
Table 2: Influencing Factors for Genomic Market, 2024
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: South America Genomic Market Size and Forecast, By Product & Services (2019 to 2030F) (In USD Million)
Table 7: South America Genomic Market Size and Forecast, By Technology (2019 to 2030F) (In USD Million)
Table 8: South America Genomic Market Size and Forecast, By Application (2019 to 2030F) (In USD Million)
Table 9: Brazil Genomic Market Size and Forecast By Product & Services (2019 to 2030F) (In USD Million)
Table 10: Brazil Genomic Market Size and Forecast By Technology (2019 to 2030F) (In USD Million)
Table 11: Brazil Genomic Market Size and Forecast By Application (2019 to 2030F) (In USD Million)
Table 12: Argentina Genomic Market Size and Forecast By Product & Services (2019 to 2030F) (In USD Million)
Table 13: Argentina Genomic Market Size and Forecast By Technology (2019 to 2030F) (In USD Million)
Table 14: Argentina Genomic Market Size and Forecast By Application (2019 to 2030F) (In USD Million)
Table 15: Colombia Genomic Market Size and Forecast By Product & Services (2019 to 2030F) (In USD Million)
Table 16: Colombia Genomic Market Size and Forecast By Technology (2019 to 2030F) (In USD Million)
Table 17: Colombia Genomic Market Size and Forecast By Application (2019 to 2030F) (In USD Million)
Table 18: Competitive Dashboard of top 5 players, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Illumina, Inc.
  • Agilent Technologies, Inc.
  • Thermo Fisher Scientific Inc.
  • Bio-Rad Laboratories, Inc.
  • Qiagen N.V.
  • Eurofins Scientific SE
  • Eppendorf AG
  • Roche Holding AG