Latin America Blood Transfusion Diagnostics Market Size & Outlook
Latin America blood transfusion diagnostics market, 2016-2027 (US$M)
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Latin America blood transfusion diagnostics market highlights
- The Latin America blood transfusion diagnostics market generated a revenue of USD 273.2 million in 2020.
- The market is expected to grow at a CAGR of 7.4% from 2021 to 2027.
- In terms of segment, reagents & kits was the largest revenue generating product in 2020.
- Reagents & Kits is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2027.
Latin America data book summary
| Market revenue in 2020 | USD 273.2 million |
| Market revenue in 2027 | USD 449.3 million |
| Growth rate | 7.4% (CAGR from 2020 to 2027) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Reagents & Kits |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & Kits, Instruments |
| Key market players worldwide | Grifols SA Ordinary Shares - Class A, Bio-Rad Laboratories Inc, Roche Holding AG ADR, Quotient Sciences, Abbott Laboratories, BioMerieux SA, Siemens Healthineers AG ADR, MedGenome, Beckman Coulter |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global blood transfusion diagnostics market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,260.9 million by 2027.
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Blood Transfusion Diagnostics Market Scope
Blood Transfusion Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America blood transfusion diagnostics 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 blood transfusion diagnostics market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 66.25% in 2020. Horizon Databook has segmented the Latin America blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.
The development of the blood transfusion diagnostics market in Latin America is at a moderate rate as compared to other regions. Countries in Latin America are aiming to accelerate blood donation rates through campaigns and imposing stringent regulations for safe blood transfusion.
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Target buyers of Latin America blood transfusion diagnostics market databook
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Our clientele includes a mix of blood transfusion diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America blood transfusion diagnostics market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America blood transfusion diagnostics market size, by country, 2016-2027 (US$M)
Latin America Blood Transfusion Diagnostics Market Share, 2020 & 2027 (US$M)
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