Argentina Infectious Respiratory Disease Diagnostics Market Size & Outlook
Argentina infectious respiratory disease diagnostics market, 2018-2030 (US$M)
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Argentina infectious respiratory disease diagnostics market highlights
- The Argentina infectious respiratory disease diagnostics market generated a revenue of USD 133.9 million in 2020 and is expected to reach USD 217.4 million by 2028.
- The Argentina market is expected to grow at a CAGR of 6.2% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product in 2020.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious respiratory disease diagnostics market data book summary
| Market revenue in 2020 | USD 133.9 million |
| Market revenue in 2028 | USD 217.4 million |
| Growth rate | 6.2% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Services |
| Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Koninklijke Philips NV, BD, BioMerieux SA, Bio-Rad Laboratories Inc, QuidelOrtho Corp, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV, Roche |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global infectious respiratory disease diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil infectious respiratory disease diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 217.4 million by 2028.
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Infectious Respiratory Disease Diagnostics Market Scope
Infectious Respiratory Disease Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina infectious respiratory disease 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 infectious respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 63.18% in 2024. Horizon Databook has segmented the Argentina infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.
The infectious respiratory disease diagnostics market in Argentina is expected to be driven by factors such as increasing incidence of infectious diseases and growing expenditure on diagnostics. For instance, around 9,000 new cases of tuberculosis are reported in the country every year.
Moreover, as part of the COVID-19 response, PAN American Health Organization provided initial PCR primers & supplies and assisted in training 100 subnational laboratories in 24 provinces across Argentina, a network which forms a part of its decentralized network of laboratory testing, thereby propelling the market for molecular diagnostics testing in the short run.
In addition, lack of hospital facilities can increase the severity of disease in the country. However, commercialization of rapid test kits is likely to positively impact the infectious respiratory disease diagnostics market.
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Our clientele includes a mix of infectious respiratory disease diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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