Brazil Covid-19 Detection Poc Kits Market Size & Outlook
Brazil covid-19 detection poc kits market, 2020-2030 (US$M)
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Brazil covid-19 detection poc kits market highlights
- The Brazil covid-19 detection poc kits market generated a revenue of USD 121.6 million in 2022 and is expected to reach USD 94.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of -3.2% 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 121.6 million |
| Market revenue in 2030 | USD 94.0 million |
| Growth rate | -3.2% (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, Brazil accounted for 3.5% 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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Brazil 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 58.63% in 2022. Horizon Databook has segmented the Brazil 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.
Brazil accounted for around half of Latin America's total COVID-19 cases and deaths, as of April 2020. In December 2020, Brazil held the second-largest burden of COVID-19 cases globally. According to World meter, as of June 2022, Brazil reported 31,963,736 СOVID-19 cases, accounting for 669,958 deaths.
The increasing incidence is expected to boost the demand for diagnostic kits in the country. Furthermore, Brazil is one of the top importers of test kits in Latin America. In April 2020, Brazil imported COVID-19 testing kits from South Korea.
Companies such as Siegen, Inc. and Wando are exporting COVID-19 testing kits to Brazil. In addition, Brazil-based health tech company Hi Technologies developed a rapid diagnostic test for COVID-19.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into Brazil covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil covid-19 detection poc kits market size, by type, 2020-2030 (US$M)
Brazil COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
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