Argentina Std Diagnostics Market Size & Outlook, 2023-2030
Argentina std diagnostics market, 2017-2030 (US$M)
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Argentina std diagnostics market highlights
- The Argentina std diagnostics market generated a revenue of USD 82.0 million in 2023 and is expected to reach USD 147.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, consumables (reagents and kits) was the largest revenue generating product in 2023.
- Consumables (Reagents and kits) is the most lucrative product segment registering the fastest growth during the forecast period.
Std diagnostics market data book summary
| Market revenue in 2023 | USD 82.0 million |
| Market revenue in 2030 | USD 147.4 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Consumables (reagents and kits) |
| Fastest growing segment | Consumables (Reagents and kits) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments & Services, Consumables (Reagents and kits), Softwares |
| Key market players worldwide | BD, Roche, Hologic Inc, Abbott Laboratories, Danaher Corp, Qiagen NV, OraSure Technologies Inc, Bio-Rad Laboratories Inc, BioMerieux SA, Thermo Fisher Scientific Inc, Seegene, Diasorin SpA |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global std 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 std diagnostics 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 212.2 million by 2030.
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STD Diagnostics Market Scope
STD Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina std 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 std diagnostics market will help companies and investors design strategic landscapes.
Consumables (reagents and kits) was the largest segment with a revenue share of 70% in 2023. Horizon Databook has segmented the Argentina std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
The STD diagnostics market in Argentina is expected to be driven by factors such as increasing incidence of STDs during the forecast period. According to NCBI, in 2018, nearly 593,695 women suffered from recurrent vulvovaginal candidiasis in the country.
In addition, increasing incidence of HIV/AIDS is considered to be a major factor driving market growth in the country. According to UNAIDS, in Argentina, in 2016, about 5,500 new HIV infection cases and nearly 2,400 AIDS-related deaths were reported.
Increase in launch of new products and rapid technological advancements are expected to contribute to market growth. In 2017, the Ministry of Science and Technology launched the Precision Medicine Initiative Grant to enhance scientific knowledge regarding omics technologies in clinical practices.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina std diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina std diagnostics market size, by product, 2017-2030 (US$M)
Argentina STD Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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