Mexico Nucleic Acid Isolation And Purification Market Size & Outlook
Mexico nucleic acid isolation and purification market, 2018-2028 (US$M)
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Mexico nucleic acid isolation and purification market highlights
- The Mexico nucleic acid isolation and purification market generated a revenue of USD 24.6 million in 2020 and is expected to reach USD 54.2 million by 2028.
- The Mexico market is expected to grow at a CAGR of 10.4% from 2021 to 2028.
- In terms of segment, kits & reagents was the largest revenue generating product in 2020.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Nucleic acid isolation and purification market data book summary
| Market revenue in 2020 | USD 24.6 million |
| Market revenue in 2028 | USD 54.2 million |
| Growth rate | 10.4% (CAGR from 2020 to 2028) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Instruments |
| Key market players worldwide | Qiagen NV, Thermo Fisher Scientific Inc, Illumina Inc, Danaher Corp, Roche Holding AG ADR, Merck KGaA, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Takara Bio Inc, Promega |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.6% of the global nucleic acid isolation and purification market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil nucleic acid isolation and purification market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 54.2 million by 2028.
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Nucleic Acid Isolation And Purification Market Scope
Nucleic Acid Isolation And Purification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico nucleic acid isolation and purification 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 nucleic acid isolation and purification market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 76.83% in 2020. Horizon Databook has segmented the Mexico nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
In Mexico, the investments in genetic testing, R&D for product development, and other research programs are not that high as compared to developed economies. The Mexican Society for Stem Cell Research spent around 0.4% of GDP for the past few years in science and technology projects. The number of companies involved in the Mexican market is also negligible.
There are a few communities of scientists in the country working on stem cells and other genetic therapies. Thus, the NAI&P market does not hold a very promising scope in Mexico at present. Other reasons for hindrance to this market’s growth include the ambiguous regulation for stem/progenitor cells-based therapies.
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Our clientele includes a mix of nucleic acid isolation and purification 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 country-level data and insights on the Mexico nucleic acid isolation and purification market , including forecasts for subscribers. This country databook contains high-level insights into Mexico nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico nucleic acid isolation and purification market size, by product, 2018-2028 (US$M)
Mexico Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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