Revenue, 2020 (US$M)
$257.6
Forecast, 2027 (US$M)
$338.9
CAGR, 2021 - 2027
4%
Report Coverage
Latin America

Latin America covid-19 antigen test market highlights

  • The Latin America covid-19 antigen test market generated a revenue of USD 257.6 million in 2020.
  • The market is expected to grow at a CAGR of 4% from 2021 to 2027.
  • In terms of segment, services was the largest revenue generating product & service in 2020.
  • Reagents & Kits is the most lucrative product & service segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2027.


Latin America data book summary

Market revenue in 2020USD 257.6 million
Market revenue in 2027USD 338.9 million
Growth rate4% (CAGR from 2020 to 2027)
Largest segmentServices
Fastest growing segmentReagents & Kits
Historical data covered2020 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPlatforms, Reagents & Kits, Services
Key market players worldwideAbbott Laboratories, SD Biosensor, Mylab Discovery Solutions, Roche, PerkinElmer, Becton Dickinson & Co, Diasorin SpA, QuidelOrtho Corp, Labcorp Holdings Inc


Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.9% of the global covid-19 antigen test market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,378.4 million by 2027.

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COVID-19 Antigen Test Market Companies

Name Profile # Employees HQ Website

Latin America covid-19 antigen test 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 covid-19 antigen test market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 48.29% in 2020. Horizon Databook has segmented the Latin America covid-19 antigen test market based on platforms, reagents & kits, services covering the revenue growth of each sub-segment from 2020 to 2027.


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Target buyers of Latin America covid-19 antigen test market databook

  • Our clientele includes a mix of covid-19 antigen test market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Latin America covid-19 antigen test market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America covid-19 antigen test market from 2020 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America covid 19 antigen tests market size, by country, 2020-2027 (US$M)

Latin America COVID-19 Antigen Test Market Share, 2020 & 2027 (US$M)

Latin America covid 19 antigen tests market size, by country, 2020-2027 (US$M)

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