Brazil Std Diagnostics Market Size & Outlook, 2023-2030
Brazil std diagnostics market, 2017-2030 (US$M)
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Brazil std diagnostics market highlights
- The Brazil std diagnostics market generated a revenue of USD 287.0 million in 2023 and is expected to reach USD 481.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.7% 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 287.0 million |
| Market revenue in 2030 | USD 481.0 million |
| Growth rate | 7.7% (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, Brazil accounted for 2.9% 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 |
|---|
Brazil 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 69.97% in 2023. Horizon Databook has segmented the Brazil std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
Growth in economic & political stability has led to positive economic growth in Brazil. The ICO HPV Information Centre reported that cervical cancer, which is caused by HPV infection, is the second most common type of cancer among women aged 15 to 44 in Brazil.
Moreover, the country has the highest number of HIV-positive people in Latin America, accounting for 49% of all new infections in the area. This can be attributed in part to the country's large population in comparison with other Latin American nations.
It is one of the 15 countries that account for 75% of the world's HIV-positive population. Increase in follow-ups in outpatient clinics to raise awareness about the disease is expected to drive the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil std diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil std diagnostics market size, by product, 2017-2030 (US$M)
Brazil STD Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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