Brazil In Vitro Diagnostics Quality Control Market Size & Outlook
Brazil in vitro diagnostics quality control market, 2018-2030 (US$M)
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Brazil in vitro diagnostics quality control market highlights
- The Brazil in vitro diagnostics quality control market generated a revenue of USD 16.7 million in 2023 and is expected to reach USD 20.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3% from 2024 to 2030.
- In terms of segment, controls was the largest revenue generating product in 2023.
- Calibrators is the most lucrative product segment registering the fastest growth during the forecast period.
In vitro diagnostics quality control market data book summary
| Market revenue in 2023 | USD 16.7 million |
| Market revenue in 2030 | USD 20.5 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Controls |
| Fastest growing segment | Calibrators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Controls, Calibrators |
| Key market players worldwide | Siemens Healthineers AG ADR, Abbott Laboratories, Bio-Rad Laboratories Inc, Danaher Corp, Roche Holding AG ADR, Sysmex Corp, QuidelOrtho Corp, Thermo Fisher Scientific Inc, BD, Merck KGaA, Qiagen NV, Hologic Inc, Bio-Techne Corp, Randox, Helena Laboratories, Seracare Life Sciences, Fortress Diagnostics, Microbiologics, TRINA BIOREACTIVES, Cone Bioproducts, Biorex Food Diagnostics |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global in vitro diagnostics quality control market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil in vitro diagnostics quality control market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 5.8 million by 2030.
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In Vitro Diagnostics Quality Control Market Scope
In Vitro Diagnostics Quality Control Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil in vitro diagnostics quality control 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 in vitro diagnostics quality control market will help companies and investors design strategic landscapes.
Controls was the largest segment with a revenue share of 48.5% in 2023. Horizon Databook has segmented the Brazil in vitro diagnostics quality control market based on controls, calibrators covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of chronic diseases and the rising use of IVDs are majorly fueling the market growth. Moreover, increasing geriatric population, which is more susceptible to infectious diseases and chronic health conditions, is further supporting the market growth.
According to the World Bank Group, in 2022, there were more than 21 million people aged 65 and above in Brazil, which accounts for about 10% of the country’s population. Moreover, the geriatric population is anticipated to increase over the forecast period, which will increase the demand of IVD and quality control products for clinical laboratories.
In Brazil, the General Coordination for Accreditation (Cgcre) of The National Institute of Metrology, Standardization and Industrial Quality (INMETRO) is the legally recognized accreditation body performing the accreditation activities of calibration & testing laboratories, external & internal testing providers, and other conformity assessment bodies.
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Our clientele includes a mix of in vitro diagnostics quality control market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil in vitro diagnostics quality control market , including forecasts for subscribers. This country databook contains high-level insights into Brazil in vitro diagnostics quality control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil in vitro diagnostics quality control market size, by product, 2018-2030 (US$M)
Brazil In Vitro Diagnostics Quality Control Market Outlook Share, 2023 & 2030 (US$M)
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