Mexico Covid-19 Detection Poc Kits Market Size & Outlook
Mexico covid-19 detection poc kits market, 2020-2030 (US$M)
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Mexico covid-19 detection poc kits market highlights
- The Mexico covid-19 detection poc kits market generated a revenue of USD 16.1 million in 2022 and is expected to reach USD 11.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of -4.1% 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 16.1 million |
| Market revenue in 2030 | USD 11.6 million |
| Growth rate | -4.1% (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, Mexico accounted for 0.5% 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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Mexico 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 59.01% in 2022. Horizon Databook has segmented the Mexico 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.
Mexico has accounted for the highest number of deaths amid the pandemic. Despite the higher mortality in the country, the number of diagnostic tests and confirmed cases was lower than in other countries, which raised uncertainty about the pandemic’s scope.
A large portion of those infected with SARS-CoV-2 in Mexico City was healthcare personnel. According to World meter, its rate of testing was 139,806 per million people, as of September 2022, which is a significant increase from 159 people per million in April 2020.
This showed the increase in COVID-19 testing undertaken in the country, which is expected to propel the demand for diagnostic test kits in Mexico. Key market players in the region are working to launch and commercialize their products locally.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico covid-19 detection poc kits market , including forecasts for subscribers. This country databook contains high-level insights into Mexico covid-19 detection poc kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico covid-19 detection poc kits market size, by type, 2020-2030 (US$M)
Mexico COVID-19 Detection PoC Kits Market Outlook Share, 2022 & 2030 (US$M)
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