Brazil Clinical Microbiology Market Size & Outlook
Brazil clinical microbiology market, 2018-2030 (US$M)
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Brazil clinical microbiology market highlights
- The Brazil clinical microbiology market generated a revenue of USD 58.2 million in 2023 and is expected to reach USD 97.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Laboratory Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Clinical microbiology market data book summary
| Market revenue in 2023 | USD 58.2 million |
| Market revenue in 2030 | USD 97.7 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Laboratory Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Instruments, Automated Culture System, Reagents |
| Key market players worldwide | BioMerieux SA, Abbott Laboratories, BD, Danaher Corp, Hologic Inc, Roche Holding AG ADR, Bruker Corp, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global clinical microbiology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico clinical microbiology market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 97.7 million by 2030.
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Clinical Microbiology Market Scope
Clinical Microbiology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil clinical microbiology 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 clinical microbiology market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 72.16% in 2023. Horizon Databook has segmented the Brazil clinical microbiology market based on laboratory instruments, automated culture system, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Growing healthcare expenditure by the government is expected to play a positive role in the market progress. Market growth is attributed to supportive government initiatives such as Sistema Unico de Saude (SUS), the public health system, which covers health insurance for all citizens in Brazil.
Owing to the moderate standards of living, the prevalence of infectious diseases is comparatively high in the country, which fosters the usage of clinical laboratory, instruments and use of reagents. Thus fueling the clinical microbiology market.
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Target buyers of Brazil clinical microbiology market databook
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Our clientele includes a mix of clinical microbiology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil clinical microbiology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil clinical microbiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil clinical microbiology market size, by product, 2018-2030 (US$M)
Brazil Clinical Microbiology Market Outlook Share, 2023 & 2030 (US$M)
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