Mexico Circulating Tumor Cells Market Size & Outlook
Mexico circulating tumor cells market, 2018-2030 (US$M)
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Mexico circulating tumor cells market highlights
- The Mexico circulating tumor cells market generated a revenue of USD 80.0 million in 2023 and is expected to reach USD 167.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, ctc detection & enrichment methods was the largest revenue generating technology in 2023.
- CTC Analysis is the most lucrative technology segment registering the fastest growth during the forecast period.
Circulating tumor cells market data book summary
| Market revenue in 2023 | USD 80.0 million |
| Market revenue in 2030 | USD 167.0 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Ctc detection & enrichment methods |
| Fastest growing segment | CTC Analysis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CTC Detection & Enrichment Methods, CTC Direct Detection Methods, CTC Analysis |
| Key market players worldwide | Qiagen NV, Bio-Techne Corp, Praxis Precision Medicines Inc Ordinary Shares, Aviva PLC, Biocept Inc, Neurocrine Biosciences Inc, Greiner Bio-One, Miltenyi Biotec, Icon PLC, Ecolab Inc, Arcus Biosciences Inc, Epic Corp, Screen Holdings Co Ltd, Menarini Group, Vtex Ordinary Shares - Class A, Sysmex Corp, STEMCELL Technologies |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.7% of the global circulating tumor cells market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil circulating tumor cells 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 66.4 million by 2030.
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Circulating Tumor Cells Market Scope
Circulating Tumor Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico circulating tumor cells 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 circulating tumor cells market will help companies and investors design strategic landscapes.
Ctc detection & enrichment methods was the largest segment with a revenue share of 66.75% in 2023. Horizon Databook has segmented the Mexico circulating tumor cells market based on ctc detection & enrichment methods, ctc direct detection methods, ctc analysis covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is the second-largest pharmaceutical market in Latin America followed by Brazil. The branded generics market is anticipated to witness moderately high growth over the forecast period owing to increasing investments by generic players coupled with government initiatives.
According to the National Association of Drug Manufacturers, 86% of pharmaceuticals used in the country are produced internally, which makes the country highly self-sufficient. In addition, strategic initiatives by global players further accelerate market growth.
As per a survey in 2019, around 87.2% of Mexican patients buy generic products, which is anticipated to drive market growth. Moreover, regulatory bodies in the country, such as COFEPRIS, are undertaking various strategic initiatives to increase availability generic drugs in the Mexican market, thereby reducing the out-ofpocket spending of individuals.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico circulating tumor cells market , including forecasts for subscribers. This country databook contains high-level insights into Mexico circulating tumor cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico circulating tumor cells market size, by technology, 2018-2030 (US$M)
Mexico Circulating Tumor Cells Market Outlook Share, 2023 & 2030 (US$M)
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