Mexico Covid-19 Sample Collection Kits Market Size & Outlook

The covid-19 sample collection kits market in Mexico is expected to reach a projected revenue of US$ 16.2 million by 2030. A compound annual growth rate of -16.8% is expected of Mexico covid-19 sample collection kits market from 2023 to 2030.
Revenue, 2022 (US$M)
$70.6
Forecast, 2030 (US$M)
$16.2
CAGR, 2023 - 2030
-16.8%
Report Coverage
Mexico

Mexico covid-19 sample collection kits market, 2020-2030 (US$M)

Mexico

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Mexico covid-19 sample collection kits market highlights

  • The Mexico covid-19 sample collection kits market generated a revenue of USD 70.6 million in 2022 and is expected to reach USD 16.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of -16.8% 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 2022USD 70.6 million
Market revenue in 2030USD 16.2 million
Growth rate-16.8% (CAGR from 2022 to 2030)
Largest segmentSwabs
Fastest growing segmentSwabs
Historical data2020 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationViral Transport Media, Blood Collection Kits, Other Consumables Products, Swabs
Key market players worldwideBecton 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, Mexico accounted for 1.2% 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 Companies

Name Profile # Employees HQ Website

Mexico 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 42.63% in 2022. Horizon Databook has segmented the Mexico 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, Mexico had one of the lowest number of tests conducted for SARS-CoV-2. This indicates the increasing number of testing processes in the country and is anticipated to increase the demand for testing swabs & transport mediums in Mexico.

The Mexican Government announced new criteria for testing, which resulted in an increase in testing. In addition, Chinese organizations have donated around 50,000 COVID-19 testing kits to Mexico. Such factors are expected to impact market growth in the country.

Co-diagnostics, Inc. received marketing approval for its Logix Smart Coronavirus COVID-19 test by the Mexican Department of Epidemiology. Such companies are expected to contribute to market growth of the country over the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico covid-19 sample collection kits market , including forecasts for subscribers. This country databook contains high-level insights into Mexico covid-19 sample collection kits market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico covid-19 sample collection kits market size, by product, 2020-2030 (US$M)

Mexico Covid-19 Sample Collection Kits Market Outlook Share, 2022 & 2030 (US$M)

Mexico covid-19 sample collection kits market size, by product, 2020-2030 (US$M)

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