Mexico Point-of-care Molecular Diagnostics Market Size & Outlook
Mexico point-of-care molecular diagnostics market, 2018-2030 (US$M)
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Mexico point-of-care molecular diagnostics market highlights
- The Mexico point-of-care molecular diagnostics market generated a revenue of USD 59.7 million in 2023 and is expected to reach USD 76.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, infectious diseases was the largest revenue generating application in 2023.
- Oncology is the most lucrative application segment registering the fastest growth during the forecast period.
Point-of-care molecular diagnostics market data book summary
| Market revenue in 2023 | USD 59.7 million |
| Market revenue in 2030 | USD 76.2 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Oncology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oncology, Prenatal Testing, Endocrinology, Other Applications, Hematology, Infectious Diseases |
| Key market players worldwide | Roche, Abbott Laboratories, Qiagen NV, Bayer AG, Nova Biomedical, Danaher Corp, Nipro Corp, Bio-Rad Laboratories Inc, Agilent Technologies Inc, BioMerieux SA, OraSure Technologies Inc, Abaxis |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.2% of the global point-of-care molecular diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil point-of-care molecular diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 115.0 million by 2030.
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Point-of-Care Molecular Diagnostics Market Scope
Point-of-Care Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico point-of-care molecular 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 point-of-care molecular diagnostics market will help companies and investors design strategic landscapes.
Infectious diseases was the largest segment with a revenue share of 93.47% in 2023. Horizon Databook has segmented the Mexico point-of-care molecular diagnostics market based on oncology, prenatal testing, endocrinology, other applications, hematology, infectious diseases covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Agency for Research on Cancer, in Mexico, around 202,923 individuals were diagnosed with cancer in 2020. The high prevalence of colorectal cancer can be attributed to increased risk factors, such as unhealthy dietary patterns, physical inactivity, and lack of awareness about cancer.
Healthcare institutions have undertaken initiatives to spread awareness through healthcare camps for early disease diagnosis. Moreover, R&D programs for the analysis of novel genetic biomarkers subsequently used for drug development are also increasing owing to the rising number of collaborations between biopharmaceutical companies and research institutes.
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Target buyers of Mexico point-of-care molecular diagnostics market databook
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Our clientele includes a mix of point-of-care molecular 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico point-of-care molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico point-of-care molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico point-of-care molecular diagnostics market size, by application, 2018-2030 (US$M)
Mexico Point-of-Care Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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