Mexico Chemiluminescence Immunoassay Market Size & Outlook

The chemiluminescence immunoassay market in Mexico is expected to reach a projected revenue of US$ 150.0 million by 2028. A compound annual growth rate of 9.6% is expected of Mexico chemiluminescence immunoassay market from 2021 to 2028.
Revenue, 2020 (US$M)
$72.2
Forecast, 2028 (US$M)
$150.0
CAGR, 2021 - 2028
9.6%
Report Coverage
Mexico

Mexico chemiluminescence immunoassay market, 2016-2028 (US$M)

Mexico

Mexico chemiluminescence immunoassay market highlights

  • The Mexico chemiluminescence immunoassay market generated a revenue of USD 72.2 million in 2020 and is expected to reach USD 150.0 million by 2028.
  • The Mexico market is expected to grow at a CAGR of 9.6% 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 2020USD 72.2 million
Market revenue in 2028USD 150.0 million
Growth rate9.6% (CAGR from 2020 to 2028)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationConsumables, Instruments, Software & Services
Key market players worldwideDiasorin 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, Mexico accounted for 1.0% 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 Companies

Name Profile # Employees HQ Website

Mexico 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 66.34% in 2020. Horizon Databook has segmented the Mexico chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.


The growth of Mexican market can be attributed to high prevalence of various diseases, such as cardiovascular & infectious diseases and cancer, which has increased demand for CLIA products for diagnosis.

In addition, improving healthcare infrastructure and increasing adoption of advanced CLIA systems are among factors expected to support the market growth in the country. Furthermore, increase in approvals and launch of novel CLIA solutions in the country are expected to fuel the market growth.

For instance, in June 2020, UK-based Edinburgh Genetics received COFEPRIS approval for its new COVID-19 immunoassay antibodies testing kits. Moreover, in September 2018, Ortho Clinical Diagnostics launched Vitros Anti-T. cruzi Assay for the early detection of Chagas disease.

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  • Our clientele includes a mix of chemiluminescence immunoassay 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 Mexico chemiluminescence immunoassay market , including forecasts for subscribers. This country databook contains high-level insights into Mexico chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Mexico chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)

Mexico Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)

Mexico chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)

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