Argentina Covid-19 Detection Poc Kits Market Size & Outlook
Argentina covid-19 detection poc kits market, 2020-2030 (US$M)
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Argentina covid-19 detection poc kits market highlights
- The Argentina covid-19 detection poc kits market generated a revenue of USD 56.4 million in 2022 and is expected to reach USD 41.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of -3.9% from 2023 to 2030.
- In terms of segment, nasopharyngeal (np) swab was the largest revenue generating type in 2022.
- Oropharyngeal (OP) swab is the most lucrative type segment registering the fastest growth during the forecast period.
Covid-19 detection poc kits market data book summary
| Market revenue in 2022 | USD 56.4 million |
| Market revenue in 2030 | USD 41.1 million |
| Growth rate | -3.9% (CAGR from 2022 to 2030) |
| Largest segment | Nasopharyngeal (np) swab |
| Fastest growing segment | Oropharyngeal (OP) swab |
| Historical data | 2020 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nasopharyngeal (NP) swab, Oropharyngeal (OP) swab, Nasal Swabs, Saliva |
| Key market players worldwide | Abbott Laboratories, Mylab Discovery Solutions, Converge Technology Solutions Corp, Thermo Fisher Scientific Inc, Roche, Danaher Corp, Birks Group Inc Class A, Cue Health Inc, Quest Diagnostics Inc, SD Biosensor |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.6% of the global covid-19 detection poc kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil covid-19 detection poc kits 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 94.0 million by 2030.
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COVID-19 Detection PoC Kits Market Scope
COVID-19 Detection PoC Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina covid-19 detection poc kits 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 detection poc kits market will help companies and investors design strategic landscapes.
Nasopharyngeal (np) swab was the largest segment with a revenue share of 59.04% in 2022. Horizon Databook has segmented the Argentina covid-19 detection poc kits market based on nasopharyngeal (np) swab, oropharyngeal (op) swab, nasal swabs, saliva covering the revenue growth of each sub-segment from 2020 to 2030.
Argentina has consistently witnessed a high incidence of COVID-19. According to the Ministerio de Salud de la Nación, around 9.7 million individuals were diagnosed with COVID-19, as of September 9th, 2022. Lack of health infrastructure and diagnosis facilities are some of the major factors responsible for high COVID-19 incidence.
Thus, increasing COVID-19 cases is anticipated to boost the demand for COVID-19 diagnostic tests and support growth of the country’s COVID-19 detection PoC kits market. Furthermore, the increasing number of approvals for novel PoC testing kits for the diagnosis of COVID19 patients is positively affecting market growth.
For instance, in January 2022, the National Administration of Medicine (ANMAT) approved four self-tests for detection of SARS-CoV-2 in patients: SARS-CoV-2 Antigen Self-Test Nasal, Panino COVID-19 Antigen Self-Test, WL Check SARS-CoV-2 Ag, and SARS-CoV-2 Antigen Rapid Test (COVID-19 Ag).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into Argentina covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina covid-19 detection poc kits market size, by type, 2020-2030 (US$M)
Argentina COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
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