Mexico Polymerase Chain Reaction Market Size & Outlook
Mexico polymerase chain reaction market, 2018-2030 (US$M)
Related Markets
Mexico polymerase chain reaction market highlights
- The Mexico polymerase chain reaction market generated a revenue of USD 178.4 million in 2023 and is expected to reach USD 125.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of -4.9% from 2024 to 2030.
- In terms of segment, conventional pcr was the largest revenue generating type in 2023.
- Conventional PCR is the most lucrative type segment registering the fastest growth during the forecast period.
Polymerase chain reaction market data book summary
| Market revenue in 2023 | USD 178.4 million |
| Market revenue in 2030 | USD 125.6 million |
| Growth rate | -4.9% (CAGR from 2023 to 2030) |
| Largest segment | Conventional pcr |
| Fastest growing segment | Conventional PCR |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional PCR |
| Key market players worldwide | Thermo Fisher Scientific Inc, Danaher Corp, Abbott Laboratories, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Qiagen NV, Roche Holding AG ADR, Standard BioTools Inc, Stilla, Microsynth |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.6% of the global polymerase chain reaction market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polymerase chain reaction 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 206.8 million by 2030.
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Polymerase Chain Reaction Market Scope
Polymerase Chain Reaction Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico polymerase chain reaction 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 polymerase chain reaction market will help companies and investors design strategic landscapes.
Conventional pcr was the largest segment with a revenue share of 6.73% in 2023. Horizon Databook has segmented the Mexico polymerase chain reaction market based on conventional pcr covering the revenue growth of each sub-segment from 2018 to 2030.
Unhealthy dietary habits, less physical inactivity, and insufficient awareness about lifestyle-induced disorders are responsible for the increased incidence of diseases. Furthermore, the geriatric population in Mexico is increasing rapidly, which is expected to further contribute to an increase in the incidence of cardiovascular diseases.
Favorable research initiatives coupled with an increased agreement between companies may help grow. For instance, in November 2021, Seegene, Inc. opened a new subsidiary for advancement in COVID-19 testing in Bogotá, Colombia.
Moreover, in April 2022, Hygiena launched a RapidScreen test for detecting microbial contamination, with increasing demand for PCR in the related field further enabling the overall market expansion.
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Target buyers of Mexico polymerase chain reaction market databook
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Our clientele includes a mix of polymerase chain reaction 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico polymerase chain reaction market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polymerase chain reaction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico polymerase chain reaction market size, by type, 2018-2030 (US$M)
Mexico Polymerase Chain Reaction Market Outlook Share, 2023 & 2030 (US$M)
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