Argentina Bovine Tuberculosis Diagnosis Market Size & Outlook
Argentina bovine tuberculosis diagnosis market, 2018-2030 (US$M)
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Argentina bovine tuberculosis diagnosis market highlights
- The Argentina bovine tuberculosis diagnosis market generated a revenue of USD 24.0 million in 2022 and is expected to reach USD 35.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, traditional tests was the largest revenue generating test type in 2022.
- Molecular Diagnostic Tests is the most lucrative test type segment registering the fastest growth during the forecast period.
Bovine tuberculosis diagnosis market data book summary
| Market revenue in 2022 | USD 24.0 million |
| Market revenue in 2030 | USD 35.6 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Traditional tests |
| Fastest growing segment | Molecular Diagnostic Tests |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serological Tests, Molecular Diagnostic Tests, Traditional Tests |
| Key market players worldwide | IDEXX Laboratories Inc, Zoetis Inc Class A, Thermo Fisher Scientific Inc, Asure Software Inc, Bio-Rad Laboratories Inc, BioNote, Enfer Medical, IDvet, PBD Biotech |
Other key industry trends
- In terms of revenue, Argentina accounted for 3.3% of the global bovine tuberculosis diagnosis market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bovine tuberculosis diagnosis market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 40.7 million by 2030.
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Bovine Tuberculosis Diagnosis Market Scope
Bovine Tuberculosis Diagnosis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina bovine tuberculosis diagnosis 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 bovine tuberculosis diagnosis market will help companies and investors design strategic landscapes.
Traditional tests was the largest segment with a revenue share of 59.58% in 2022. Horizon Databook has segmented the Argentina bovine tuberculosis diagnosis market based on serological tests, molecular diagnostic tests, traditional tests covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of bTB in Argentina in cattle and buffaloes is a major factor contributing to market growth for the country. According to OIE, in 2015, 2,930 susceptible cases with bTB in buffaloes were identified while an estimated 20,574 cases of bTB was confirmed in cattle.
Hence, the increasing prevalence of bTB and increasing number of susceptible cases of bTB in cattle and buffaloes’ is driving the demand and adoption rate for bTB diagnosis.
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Our clientele includes a mix of bovine tuberculosis diagnosis market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina bovine tuberculosis diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into Argentina bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina bovine tuberculosis diagnosis market size, by test type, 2018-2030 (US$M)
Argentina Bovine Tuberculosis Diagnosis Market Outlook Share, 2022 & 2030 (US$M)
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