Argentina Chemiluminescence Immunoassay Market Size & Outlook
Argentina chemiluminescence immunoassay market, 2016-2028 (US$M)
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Argentina chemiluminescence immunoassay market highlights
- The Argentina chemiluminescence immunoassay market generated a revenue of USD 42.4 million in 2020 and is expected to reach USD 84.4 million by 2028.
- The Argentina market is expected to grow at a CAGR of 9% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product & services in 2020.
- Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
Chemiluminescence immunoassay market data book summary
| Market revenue in 2020 | USD 42.4 million |
| Market revenue in 2028 | USD 84.4 million |
| Growth rate | 9% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software & Services |
| Key market players worldwide | Diasorin SpA, Abbott Laboratories, Siemens Healthineers AG ADR, QuidelOrtho Corp, shenzhen mindray automation equipment co., Immunodiagnostic Systems, Beckman Coulter, Roche Holding AG ADR, Roche, Inova Diagnostics, Maccura |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global chemiluminescence immunoassay market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil chemiluminescence immunoassay market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 150.0 million by 2028.
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Chemiluminescence Immunoassay Market Scope
Chemiluminescence Immunoassay Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina chemiluminescence immunoassay 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 chemiluminescence immunoassay market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 66.27% in 2020. Horizon Databook has segmented the Argentina chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
The CLIA market in Argentina is expected to exhibit significant growth over the forecast period due to increasing incidence of life-threatening diseases, such as cancer, and supportive government initiatives to control them.
According to data published by the Global Cancer Observatory (GCO), in 2020, around 130,878 new cases of cancer were diagnosed in Argentina. This number is estimated to reach 186,000 by 2040. The high prevalence of cancer has garnered attention of government authorities, and various measures have been taken to facilitate diagnosis & treatment of cancer in the country.
Argentina’s National Cancer Control Plan aims to improve cancer diagnosis & treatment and helps reduce overall cancer morbidity & mortality in the country. Such initiatives are expected to create lucrative opportunities for market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina chemiluminescence immunoassay market , including forecasts for subscribers. This country databook contains high-level insights into Argentina chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Argentina chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)
Argentina Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)
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