Mexico Bovine Tuberculosis Diagnosis Market Size & Outlook

The bovine tuberculosis diagnosis market in Mexico is expected to reach a projected revenue of US$ 40.7 million by 2030. A compound annual growth rate of 5.4% is expected of Mexico bovine tuberculosis diagnosis market from 2023 to 2030.
Revenue, 2022 (US$M)
$26.7
Forecast, 2030 (US$M)
$40.7
CAGR, 2023 - 2030
5.4%
Report Coverage
Mexico

Mexico bovine tuberculosis diagnosis market highlights

  • The Mexico bovine tuberculosis diagnosis market generated a revenue of USD 26.7 million in 2022 and is expected to reach USD 40.7 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 5.4% 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 2022USD 26.7 million
Market revenue in 2030USD 40.7 million
Growth rate5.4% (CAGR from 2022 to 2030)
Largest segmentTraditional tests
Fastest growing segmentMolecular Diagnostic Tests
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSerological Tests, Molecular Diagnostic Tests, Traditional Tests
Key market players worldwideIDEXX 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, Mexico accounted for 3.7% 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 Companies

Name Profile # Employees HQ Website

Mexico 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 59.55% in 2022. Horizon Databook has segmented the Mexico 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.


The U.S.-Mexico Binational Committee for TB was established in 1993 in response to a proposal by the United States Animal Health Association (USAHA) Committee on TB for a comprehensive U.S.-Mexico TB eradication and control program with a joint committee.

Mexico then did not have a strong national TB eradication program and Animal and Plant Health Inspection Service (APHIS) regulations governing the import of cattle from Mexico were inadequate to address the associated risk. In May 1994, APHIS suggested amendments to the import regulations for cattle from Mexico.

APHIS published an interim rule in April 2001 intended to assist a more uniform approach to cattle imports while efforts to develop more permanent regulations acceptable to state and industry partners continued.

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  • Our clientele includes a mix of bovine tuberculosis diagnosis 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 bovine tuberculosis diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into Mexico bovine tuberculosis diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico bovine tuberculosis diagnosis market size, by test type, 2018-2030 (US$M)

Mexico Bovine Tuberculosis Diagnosis Market Outlook Share, 2022 & 2030 (US$M)

Mexico bovine tuberculosis diagnosis market size, by test type, 2018-2030 (US$M)

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