Mexico Central Lab Market Size & Outlook, 2023-2030
Mexico central lab market, 2018-2030 (US$M)
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Mexico central lab market highlights
- The Mexico central lab market generated a revenue of USD 33.4 million in 2023 and is expected to reach USD 52.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, biomarker services was the largest revenue generating services in 2023.
- Genetic Services is the most lucrative services segment registering the fastest growth during the forecast period.
Central lab market data book summary
| Market revenue in 2023 | USD 33.4 million |
| Market revenue in 2030 | USD 52.3 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Biomarker services |
| Fastest growing segment | Genetic Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Services, Biomarker Services, Microbiology Services, Anatomic Pathology/Histology, Specimen Management & Storage, Special Chemistry Services |
| Key market players worldwide | LabConnect, Eurofins Scientific SE, A. P. Moller Maersk A/S ADR, ACM Global, Cerba Research, Synevo Central Labs, Versiti, Cenetron, Ampersand Capital Partners, Pacific Biomarkers, Cirion |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.0% of the global central lab market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil central lab 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 23.9 million by 2030.
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Central Lab Market Scope
Central Lab Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico central lab 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 central lab market will help companies and investors design strategic landscapes.
Biomarker services was the largest segment with a revenue share of 38.62% in 2023. Horizon Databook has segmented the Mexico central lab market based on genetic services, biomarker services, microbiology services, anatomic pathology/histology, specimen management & storage, special chemistry services covering the revenue growth of each sub-segment from 2018 to 2030.
The central lab market in Mexico is expected to grow at a significant rate owing to the presence of a diverse demographic profile and a high potential for patient recruitment. Regulatory authorities in the country, such as the Mexican Institute of Social Security (IMSS) and other national health authorities promote research activities and have potential access to about 70% of the patient population.
The country also has the presence of skilled researchers and professionals in various therapeutic areas including transmissible, non-transmissible, chronic, & rare diseases, representing a large potential for the growth of clinical research prospects.
Furthermore, Mexico has a dynamic pharmaceutical industry, which witnesses the launch of new treatment options within 1 to 3 years of their launch in developed markets of the U.S. or Europe. Hence, the country is anticipated to provide lucrative opportunities for the growth of the central lab market over the forecast period.
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Our clientele includes a mix of central lab market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico central lab market , including forecasts for subscribers. This country databook contains high-level insights into Mexico central lab market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico central lab market size, by services, 2018-2030 (US$M)
Mexico Central Lab Market Outlook Share, 2023 & 2030 (US$M)
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