Mexico Infectious Respiratory Disease Diagnostics Market Size & Outlook
Mexico infectious respiratory disease diagnostics market, 2016-2028 (US$M)
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Mexico infectious respiratory disease diagnostics market highlights
- The Mexico infectious respiratory disease diagnostics market generated a revenue of USD 129.0 million in 2020 and is expected to reach USD 178.5 million by 2028.
- The Mexico market is expected to grow at a CAGR of 4.1% 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 129.0 million |
| Market revenue in 2028 | USD 178.5 million |
| Growth rate | 4.1% (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, Mexico 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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Mexico 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 59.22% in 2020. Horizon Databook has segmented the Mexico infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2016 to 2028.
Mexico reported 3.5 million cases of COVID-19, and 267,748 deaths, as of September 2021. The number of cases in the country is rising, owing to lack of measures implemented by the government. As per WHO, Mexico is likely to have screened very few individuals for COVID, given a high positive test rate in the country.
This creates significant growth opportunities for players looking to supply testing kits in the country. Moreover, the regional organizations are engaged in putting efforts to increase the availability of PCR testing equipment in the country.
For instance, in September 2020, USD 0.4 million was donated by Corporacion Andina de Fomento (CAF) to Mexico in an effort to procure nucleic acid extraction equipment and other relevant supplies used in the detection of COVID-19 in PCR tests.
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Target buyers of Mexico infectious respiratory disease diagnostics market databook
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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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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 Mexico infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico infectious respiratory disease diagnostics market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico infectious respiratory disease diagnostics market
Mexico Infectious Respiratory Disease Diagnostics Market Outlook Share, 2020 & 2028 (US$M)
Mexico infectious respiratory disease diagnostics market
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