Mexico Infectious Disease In Vitro Diagnostics Market Size & Outlook
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Mexico infectious disease in vitro diagnostics market highlights
- The Mexico infectious disease in vitro diagnostics market generated a revenue of USD 172.3 million in 2023 and is expected to reach USD 232.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious disease in vitro diagnostics market data book summary
| Market revenue in 2023 | USD 172.3 million |
| Market revenue in 2030 | USD 232.2 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents, Software Services |
| Key market players worldwide | Qiagen NV, Becton Dickinson & Co, BioMerieux SA, Roche Holding AG ADR, Hologic Inc, Abbott Laboratories, QuidelOrtho Corp, Siemens Healthineers AG ADR, Bio-Rad Laboratories Inc, Danaher Corp, OraSure Technologies Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.6% of the global infectious disease in vitro 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 infectious disease in vitro 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 567.6 million by 2030.
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Infectious Disease In Vitro Diagnostics Market Scope
Infectious Disease In Vitro Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OraSure Technologies Inc | View profile | 638 | 220 East First Street, Bethlehem, PA, United States, 18015 | https://www.orasure.com |
| Hologic Inc | View profile | 6990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | http://www.hologic.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| QuidelOrtho Corp | View profile | 7100 | 9975 Summers Ridge Road, San Diego, CA, United States, 92121 | https://www.quidelortho.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| BioMerieux SA | View profile | 13982 | Marcy l’Etoile, Lyon, France, 69280 | http://www.biomerieux.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Roche Holding AG ADR | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
Mexico infectious disease in vitro 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 infectious disease in vitro diagnostics market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 66.51% in 2024. Horizon Databook has segmented the Mexico infectious disease in vitro diagnostics market based on instruments, reagents, software services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is a prominent market for IVD infectious diseases in Latin America. Due to a large population, controlling the incidence of infectious diseases is a major challenge in Mexico. Healthcare institutions have undertaken initiatives to spread awareness about early diagnosis of cancer & other diseases among the citizens through healthcare camps.
R&D programs for the analysis of novel genetic biomarkers used for drug development are also increasing in the country, owing to the growing collaborations among biopharmaceutical companies and research institutes. Favorable government regulations pertaining to approval of IVDs is expected to boost the market growth.
In Mexico, COFEPRIS—division of the Mexican Ministry of Health—governs the approval process for IVDs. It has up-classified most of the IVD products and clearly defined medical device regulations; it had announced these plans in early 2017.
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Target buyers of Mexico infectious disease in vitro diagnostics market databook
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Our clientele includes a mix of infectious disease in vitro 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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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 infectious disease in vitro diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Mexico infectious disease in vitro diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico Product - Infectious Disease In Vitro Diagnostics Market, 2024 - 2030 (US$M)
Mexico Infectious Disease In Vitro Diagnostics Market Share, 2024 & 2030 (US$M)
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