Latin America Network Point-of-care Glucose Testing Market Size & Outlook
Latin America network point-of-care glucose testing market, 2016-2028 (US$M)
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Latin America network point-of-care glucose testing market highlights
- The Latin America network point-of-care glucose testing market generated a revenue of USD 71.1 million in 2021.
- The market is expected to grow at a CAGR of 2.9% from 2022 to 2028.
- In terms of segment, accu-chek inform ii was the largest revenue generating types in 2021.
- CareSens Expert Plus is the most lucrative types segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 71.1 million |
| Market revenue in 2028 | USD 87.0 million |
| Growth rate | 2.9% (CAGR from 2021 to 2028) |
| Largest segment | Accu-chek inform ii |
| Fastest growing segment | CareSens Expert Plus |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | I-STAT, CareSens Expert Plus, Accu-Chek Inform II, StatStrip, HemoCue |
| Key market players worldwide | Roche Holding AG ADR, Abbott Laboratories, Nova Biomedical, Bayer AG, Danaher Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global network point-of-care glucose testing market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 385.1 million by 2028.
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Network Point-of-Care Glucose Testing Market Scope
Network Point-of-Care Glucose Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America network point-of-care glucose testing 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 network point-of-care glucose testing market will help companies and investors design strategic landscapes.
Accu-chek inform ii was the largest segment with a revenue share of 50.49% in 2021. Horizon Databook has segmented the Latin America network point-of-care glucose testing market based on i-stat, caresens expert plus, accu-chek inform ii, statstrip, hemocue covering the revenue growth of each sub-segment from 2016 to 2028.
POC tests in the current market scenario are associated with clinical diagnostics, and self-monitoring. POC products are used for diagnosis and monitoring in hospitals, clinics, health assessment centers, and at home. These products are usually portable and mobile for performing tests at almost any location, thus boosting the rate of adoption for these products.
Increasing government spending, rising focus of key multinational market players on this region, and growing patient awareness are among factors expected to drive the market growth over the forecast period.
Economic and political stability has led to the market growth in Latin America. Moreover, awareness campaigns are being organized by nongovernment organizations to maintain the health status of the population.
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Our clientele includes a mix of network point-of-care glucose testing 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America network point-of-care glucose testing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America network point-of-care glucose testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America network point-of-care glucose testing market size, by country, 2016-2028 (US$M)
Latin America Network Point-of-Care Glucose Testing Market Outlook Share, 2021 & 2028 (US$M)
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