Latin America Lateral Flow Assays Market Size & Outlook
Latin America lateral flow assays market, 2018-2030 (US$M)
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Latin America lateral flow assays market highlights
- The Latin America lateral flow assays market generated a revenue of USD 1,363.3 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, kits & reagents was the largest revenue generating product in 2023.
- Kits & Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,363.3 million |
| Market revenue in 2030 | USD 1,862.0 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Kits & Reagents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Lateral Flow Readers |
| Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Roche, Bio-Rad Laboratories Inc, BioMerieux SA, QuidelOrtho Corp, Hologic Inc, PerkinElmer, Merck KGaA, BD, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.4% of the global lateral flow assays market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,820.1 million by 2030.
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Lateral Flow Assays Market Scope
Lateral Flow Assays Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America lateral flow assays 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 lateral flow assays market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 68.16% in 2023. Horizon Databook has segmented the Latin America lateral flow assays market based on kits & reagents, lateral flow readers covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Lateral Flow Assays Product Outlook (Revenue, USD Million, 2018-2030)
- Kits & Reagents
- Lateral Flow Readers
- Benchtop Readers
- Digital Readers
- Latin America Lateral Flow Assays Application Outlook (Revenue, USD Million, 2018-2030)
- Clinical Testing
- Infectious Disease Testing
- COVID-19
- Mosquito Borne Disease Testing
- Influenza Testing
- Sexually Transmitted Infection Testing
- HIV Testing
- HPV Testing
- Chlamydia Testing
- Gonorrhea Testing
- Syphilis Testing
- Other STI Testing
- Hepatitis
- Tuberculosis
- Other Infectious Diseases
- Cardiac Marker Testing
- Troponin I and T Testing
- CK-MB Testing
- BNP and NT-Probnp Testing
- Myoglobin Testing
- D-Dimer Testing
- Other Cardiac Marker Tests
- Pregnancy & Fetility Testing
- Pregnancy Testing
- Fertility Testing
- Cholesterol Testing/Lipid Profile
- Drugs of Abuse Testing
- Other Clinical Tests
- Infectious Disease Testing
- Veterinary Diagnostics
- Food Safety & Environment Testing
- Drug Development & Quality Testing
- Clinical Testing
- Latin America Lateral Flow Assays Technique Outlook (Revenue, USD Million, 2018-2030)
- Sandwich Assays
- Competitive Assays
- Multiplex Detection Assays
- Latin America Lateral Flow Assays End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Diagnostic Laboratories
- Home Care
- Pharmaceutical & Biotechnology Companies
- Others
- Latin America Lateral Flow Assays Test Type Outlook (Revenue, USD Million, 2018-2030)
- Lateral Flow Immunoassay
- Nucleic Acid Lateral Flow Assay
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Target buyers of Latin America lateral flow assays market databook
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Our clientele includes a mix of lateral flow assays market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America lateral flow assays market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America lateral flow assays market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America lateral flow assays market size, by country, 2018-2030 (US$M)
Latin America Lateral Flow Assays Market Outlook Share, 2023 & 2030 (US$M)
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