Mexico Biological Safety Testing Products And Services Market Size & Outlook
Mexico biological safety testing products and services market, 2018-2030 (US$M)
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Mexico biological safety testing products and services market highlights
- The Mexico biological safety testing products and services market generated a revenue of USD 72.2 million in 2023 and is expected to reach USD 155.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, reagents & kits was the largest revenue generating product in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Biological safety testing products and services market data book summary
| Market revenue in 2023 | USD 72.2 million |
| Market revenue in 2030 | USD 155.3 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & kits, Services, Instruments |
| Key market players worldwide | Charles River Laboratories International Inc, BSL-BIOSERVICE Scientific Laboratories GmbH, Merck KGaA, Samsung BioLogics, Sartorius AG, Eurofins Scientific SE, SGS AG, Thermo Fisher Scientific Inc, BioMerieux SA, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.6% of the global biological safety testing products and services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil biological safety testing products and services market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 72.9 million by 2030.
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Biological Safety Testing Products And Services Market Scope
Biological Safety Testing Products And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico biological safety testing products and services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biological safety testing products and services market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 39.89% in 2023. Horizon Databook has segmented the Mexico biological safety testing products and services market based on reagents & kits, services, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Biological safety testing market space is expected to demonstrate steady growth owing to improving healthcare infrastructure coupled with rising adoption of wide range of testing alternatives in the coming years. Moreover, rising awareness pertaining to benefits of biological safety testing is also anticipated to present growth opportunities to the biological safety testing tools market.
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Target buyers of Mexico biological safety testing products and services market databook
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Our clientele includes a mix of biological safety testing products and services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico biological safety testing products and services market , including forecasts for subscribers. This country databook contains high-level insights into Mexico biological safety testing products and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico biological safety testing products and services market size, by product, 2018-2030 (US$M)
Mexico Biological Safety Testing Products And Services Market Outlook Share, 2023 & 2030 (US$M)
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