Mexico - North America Molecular Diagnostics Market Size & Outlook
Mexico - North America Molecular Diagnostics Market, 2018-2030 (US$M)
Global Market
Related Markets
Mexico molecular diagnostics market highlights
- The Mexico molecular diagnostics market generated a revenue of USD 189.2 million in 2024 and is expected to reach USD 226.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 2.6% from 2025 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2024.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Molecular diagnostics market data book summary
| Market revenue in 2024 | USD 189.2 million |
| Market revenue in 2030 | USD 226.0 million |
| Growth rate | 2.6% (CAGR from 2025 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.7% of the global molecular diagnostics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. molecular diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 11,932.0 million by 2030.
According to the International Agency for Research on Cancer, approximately 207,154 individuals in Mexico were diagnosed with cancer in 2022, and the prevalence is projected to reach 577,487 cases over the next five years. The high incidence of colorectal cancer is largely attributed to risk factors such as unhealthy dietary habits, physical inactivity, and limited awareness about cancer.
In response, healthcare institutions have launched initiatives, including health camps, to promote early disease detection. Additionally, the growing number of collaborations between biopharmaceutical companies and research institutions is driving increased research and development in genetic biomarkers, which are crucial for advancing drug development.
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Publish Date: Jan 08, 2025
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Molecular Diagnostics Market Scope
Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Becton Dickinson & Co | View profile | 73,000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | www.bd.com |
| BioMerieux SA | View profile | 13,982 | Marcy l’Etoile, Lyon, France, 69280 | www.biomerieux.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| Danaher Corp | View profile | 63,000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | www.danaher.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Agilent Technologies Inc | View profile | 17,700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | www.agilent.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Hologic Inc | View profile | 6,990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | www.hologic.com |
Mexico - North America 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 Molecular Diagnostics Market Outlook will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 69.71% in 2024.
Horizon Databook has segmented the Mexico - North America molecular diagnostics market based on instruments, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Agency for Research on Cancer, approximately 207,154 individuals in Mexico were diagnosed with cancer in 2022, and the prevalence is projected to reach 577,487 cases over the next five years. The high incidence of colorectal cancer is largely attributed to risk factors such as unhealthy dietary habits, physical inactivity, and limited awareness about cancer.
In response, healthcare institutions have launched initiatives, including health camps, to promote early disease detection. Additionally, the growing number of collaborations between biopharmaceutical companies and research institutions is driving increased research and development in genetic biomarkers, which are crucial for advancing drug development.
- Mexico - North America Molecular Diagnostics Market Product Outlook (Revenue, USD Million , 2018-2030)
- Instruments
- Reagents
- Others Product
- Mexico - North America Molecular Diagnostics Market Test Location Outlook (Revenue, USD Million , 2018-2030)
- Point of care
- Self test or OTC
- Central laboratories
- Mexico - North America Molecular Diagnostics Market Technology Outlook (Revenue, USD Million , 2018-2030)
- PCR
- ISH
- INAAT
- Chips and microarrays
- Mass spectrometry
- Sequencing
- TMA
- Others Technology
- Mexico - North America Molecular Diagnostics Market Application Outlook (Revenue, USD Million , 2018-2030)
- Oncology
- Pharmacogenomics
- Infectious disease
- Genetic testing
- Neurological disease
- Cardiovascular disease
- Microbiology
- Others Application
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Molecular Diagnostics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Molecular Diagnostics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Molecular Diagnostics Market, 2018-2030 (US$M)
Mexico Product - Molecular Diagnostics Market Statistics, 2024 - 2030 (US$M)
