Latin America Hiv Diagnostics Market Size & Outlook

The hiv diagnostics market in Latin America is expected to reach a projected revenue of US$ 62.0 million by 2030. A compound annual growth rate of 5.7% is expected of Latin America hiv diagnostics market from 2024 to 2030.
Revenue, 2023 (US$M)
$41.9
Forecast, 2030 (US$M)
$62.0
CAGR, 2024 - 2030
5.8%
Report Coverage
Latin America

Latin America hiv diagnostics market, 2018-2030 (US$M)

Latin

Latin America hiv diagnostics market highlights

  • The Latin America hiv diagnostics market generated a revenue of USD 41.9 million in 2023.
  • The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
  • In terms of segment, consumables was the largest revenue generating product in 2023.
  • Consumables is the most lucrative product segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 41.9 million
Market revenue in 2030USD 62.0 million
Growth rate5.7% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumables
Key market players worldwideAlere, Abbott Laboratories, Bristol-Myers Squibb Co, Janssen Pharmaceuticals, Gilead Sciences Inc, Merck & Co Inc, ViiV Healthcare, BD, Beckman Coulter, Sysmex Corp, Apogee Enterprises Inc, Zymtronix, Mylan, Roche, Siemens Healthineers AG ADR, Qiagen NV


Other key industry trends

  • In terms of revenue, Latin America region accounted for 3.9% of the global hiv diagnostics market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 130.2 million by 2030.

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HIV Diagnostics Market Scope

Hiv diagnostics market segmentation & scope
Consumables
Instruments
Software and Services
Mode
Self-test
Lab-based
End Use
Diagnostic Laboratories
Hospitals & Clinics
Home Settings
Test Type
Antibody Test
Viral load test
CD4 test
Others
Countries
U.S.
Canada
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Thailand
Mexico
Brazil
South Africa
Saudi Arabia
UK
Argentina
UAE
Kuwait

HIV Diagnostics Market Companies

Name Profile # Employees HQ Website

Latin America hiv diagnostics 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 hiv diagnostics market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America hiv diagnostics market based on consumables covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of hiv diagnostics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hiv diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hiv diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America hiv diagnostics market

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