Mexico Microfluidics Market Size & Outlook, 2023-2030
Mexico microfluidics market, 2018-2030 (US$M)
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Mexico microfluidics market highlights
- The Mexico microfluidics market generated a revenue of USD 246.3 million in 2023 and is expected to reach USD 633.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 14.5% from 2024 to 2030.
- In terms of segment, medical was the largest revenue generating technology in 2023.
- Medical is the most lucrative technology segment registering the fastest growth during the forecast period.
Microfluidics market data book summary
| Market revenue in 2023 | USD 246.3 million |
| Market revenue in 2030 | USD 633.9 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Medical |
| Fastest growing segment | Medical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical, Non-Medical |
| Key market players worldwide | Illumina Inc, Roche Holding AG ADR, PerkinElmer, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Danaher Corp, Abbott Laboratories, Thermo Fisher Scientific Inc, Standard BioTools Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.8% of the global microfluidics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil microfluidics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 633.9 million by 2030.
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Microfluidics Market Scope
Microfluidics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico microfluidics 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 microfluidics market will help companies and investors design strategic landscapes.
Medical was the largest segment with a revenue share of 84.13% in 2023. Horizon Databook has segmented the Mexico microfluidics market based on medical, non-medical covering the revenue growth of each sub-segment from 2018 to 2030.
Researchers from Mexico are exploring applications of microfluidics in research and disease diagnosis. In October 2020, researchers from Ibero American University studied a microfluidics device having sensitivity to Ebola virus. Microfluidic devices allow swift detection as compared to conventional devices.
Researchers from Mexico are participating in programs organized by different foreign associations to allow more research collaborations. In March 2019, researchers from the Tec de Monterrey participated in the MIT Program to foster collaboration and exchange in the area of nanoscience and nanotechnology. Researchers from the Research Laboratory of Electronics (RLE) are working on various microfabrication methodologies by using off-the-shelf materials at low cost.
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Our clientele includes a mix of microfluidics 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 Mexico microfluidics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico microfluidics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico microfluidics market size, by technology, 2018-2030 (US$M)
Mexico Microfluidics Market Outlook Share, 2023 & 2030 (US$M)
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