Mexico Blood Transfusion Diagnostics Market Size & Outlook

The blood transfusion diagnostics market in Mexico is expected to reach a projected revenue of US$ 104.9 million by 2027. A compound annual growth rate of 8.1% is expected of Mexico blood transfusion diagnostics market from 2021 to 2027.
Revenue, 2020 (US$M)
$60.8
Forecast, 2027 (US$M)
$104.9
CAGR, 2021 - 2027
8.1%
Report Coverage
Mexico

Mexico blood transfusion diagnostics market, 2016-2027 (US$M)

Mexico

Mexico blood transfusion diagnostics market highlights

  • The Mexico blood transfusion diagnostics market generated a revenue of USD 60.8 million in 2020 and is expected to reach USD 104.9 million by 2027.
  • The Mexico market is expected to grow at a CAGR of 8.1% 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.


Blood transfusion diagnostics market data book summary

Market revenue in 2020USD 60.8 million
Market revenue in 2027USD 104.9 million
Growth rate8.1% (CAGR from 2020 to 2027)
Largest segmentReagents & kits
Fastest growing segmentReagents & Kits
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationReagents & Kits, Instruments
Key market players worldwideGrifols 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, Mexico accounted for 1.6% of the global blood transfusion diagnostics market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Latin America, Brazil blood transfusion diagnostics market is projected to lead the regional market in terms of revenue in 2027.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 104.9 million by 2027.

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Blood Transfusion Diagnostics Market Companies

Name Profile # Employees HQ Website

Mexico 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 66.45% in 2020. Horizon Databook has segmented the Mexico blood transfusion diagnostics market based on reagents & kits, instruments covering the revenue growth of each sub-segment from 2016 to 2027.


The Mexico blood transfusion diagnostics market is an emerging market. Obtaining blood for transfusion is a potential challenge in the healthcare sector of developing countries. The supply of contaminated units increases the chances of mortality, morbidity, and the cost for patients.

In Mexico, serological screening is mandatory, however, only selective blood banks regularly perform a Nucleic Acid Test (NAT). According to WHO, Mexico is categorized as an upper-middle-income country with a complex healthcare system. The blood supply is maintained by over 550 blood banks across the country.

The state of Jalisco, Mexico, is the key supplier of Central Blood Bank of the National Western Medical Center and records on an average 68,000 donations per year. From 2021, the Center of the Mexican Social Security Institute has made NAT an internal policy along with serological screening for all blood donations.

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Target buyers of Mexico blood transfusion diagnostics market databook

  • Our clientele includes a mix of blood transfusion diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico blood transfusion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Mexico blood transfusion diagnostics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Mexico blood transfusion diagnostics market size, by product, 2016-2027 (US$M)

Mexico Blood Transfusion Diagnostics Market Share, 2020 & 2027 (US$M)

Mexico blood transfusion diagnostics market size, by product, 2016-2027 (US$M)

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