Brazil Covid-19 Sample Collection Kits Market Size & Outlook
Brazil covid-19 sample collection kits market, 2020-2030 (US$M)
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Brazil covid-19 sample collection kits market highlights
- The Brazil covid-19 sample collection kits market generated a revenue of USD 48.5 million in 2022 and is expected to reach USD 13.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of -14.8% from 2023 to 2030.
- In terms of segment, swabs was the largest revenue generating product in 2022.
- Swabs is the most lucrative product segment registering the fastest growth during the forecast period.
Covid-19 sample collection kits market data book summary
| Market revenue in 2022 | USD 48.5 million |
| Market revenue in 2030 | USD 13.4 million |
| Growth rate | -14.8% (CAGR from 2022 to 2030) |
| Largest segment | Swabs |
| Fastest growing segment | Swabs |
| Historical data | 2020 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Viral Transport Media, Blood Collection Kits, Other Consumables Products, Swabs |
| Key market players worldwide | Becton Dickinson & Co, Thermo Fisher Scientific Inc, Labcorp Holdings Inc, Trinity Biotech PLC ADR, QuidelOrtho Corp, Quest Diagnostics Inc, Danaher Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.8% of the global covid-19 sample collection kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico covid-19 sample collection 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 13.4 million by 2030.
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Covid-19 Sample Collection Kits Market Scope
Covid-19 Sample Collection Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil covid-19 sample collection 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 sample collection kits market will help companies and investors design strategic landscapes.
Swabs was the largest segment with a revenue share of 42.68% in 2022. Horizon Databook has segmented the Brazil covid-19 sample collection kits market based on viral transport media, blood collection kits, other consumables products, swabs covering the revenue growth of each sub-segment from 2020 to 2030.
As of April 2020, Brazil accounted for around half of Latin America’s total COVID-19 cases and deaths. The country has become the third-leading country in total number of cases around the world. As per World ometer, only 59,250 tests per million people are being carried out in the country, indicating its slow implementation of testing.
However, 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 Seegene, Inc. and Wondfo are exporting COVID-19 testing kits to Brazil.
In addition, Brazil-based healthtech company Hi Technologies developed rapid diagnostic test for COVID-19. Such factors are anticipated to positively impact the country’s market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into Brazil covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil covid-19 sample collection kits market size, by product, 2020-2030 (US$M)
Brazil Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)
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