1. Market Research
  2. > Healthcare
  3. > Medical Device
  4. > In Vitro Diagnostics Market Trends

Analysis of the Brazilian Market for Reagent Kits in In Vitro Diagnosis

  • December 2013
  • 102 pages
  • Frost & Sullivan
Report ID: 1936426

Summary

Table of Contents

Healthcare Investments in the Public Sector Will Increase Market Growth

Despite Brazilian economic and industry challenges, the market for reagent kits in in vitro diagnosis (IVD) is experiencing robust growth. This research service leverages primary research that includes several companies manufacturing and marketing reagent kits in IVD, companies distributing or buying these products, and IVD experts, as well as secondary research that includes web sites and magazines specializing in IVD, economic newspapers, and scientific databases. Market segments include immunochemistry, hematology/hemostasis, urinalysis, microbiology, molecular diagnostics, and point-of-care testing. The research service includes revenue, market share, and market analysis.

Methodology

1. Internal Expertise
Frost & Sullivan uses the expertise of the global research staff supported by the internal databases to develop insights into the in vitro diagnostics market.

2. Primary Research
Primary research is focused on obtaining targeted information from key market participants (suppliers and end users) through phone interviews. Primary information traditionally constitutes 80 to 90% of the data provided in the research service.

3. Secondary Research
Secondary research was used to develop an understanding of the specific audiences targeted by clients. This research also assisted in identifying key participants for the primary interview stage and to provide high-level trends and context data.

=> The information was analyzed and aggregated to produce this research service.

Key Findings

General Key Findings
•Despite Brazilian economic and industry challenges, the market for reagent kits in in vitro diagnostics (IVD) is experiencing robust growth of about X to X% per year.
•In 2012, the Brazilian market for reagent kits in IVD generated $X billion in revenue. The market is expected to grow at a compound annual growth rate (CAGR) of X%, reaching $X billion in 2017.

The Brazilian Market for Reagent Kits in IVD—Market Trends Summary
Market Consolidation: Once there are more than X competitors, IVD companies constantly evaluate new acquisitions to achieve faster growth.
Reagent Kits Price: The federal government, which is the largest buyer of IVD products, presses companies to reduce the price of reagent kits.
Leased Equipment: About X% of analyzers/lab equipment are used in the free lease (rental) system. After the lab contracts to buy a certain volume of reagent kits, companies get the analyzers along with that commitment.
Reagent Kits Manufactured in Brazil: Reagent kits manufactured locally are increasing because the Brazilian government gives incentives for national companies; however, the amount manufactured locally is still very low. Almost X% of reagent kits are imported.

Segment Trends Summary
Immunochemistry: This segment is the largest in the Brazilian market for reagent kits in IVD, representing X% of the total revenue in 2012.
Hematology/Hemostasis: The coagulation sub-segment presented superior growth compared to the rest of the segment because with few competitors, there is less pressure to reduce prices.
Urinalysis: The automation in urinalysis tests grows X% per year, and the tests performed manually with biochemistry strips will drop substantially in the next few years.
Microbiology: bioMérieux introduced matrix-assisted laser desorption ionization time-of-flight (MALDI-TOF) mass spectrometry technology, which is an instrument for microorganism identification through atomic mass that does not require reagents.
Molecular Diagnosis: This segment is very promising because molecular diagnosis provides high accuracy results for specific diseases that other IVD tests cannot identify or diagnose. The Brazilian molecular diagnosis segment is in a nascent growth stage. Even though this segment has the potential to increase, consolidation in this segment is restraining growth.
Point-of-care Testing (POCT): This segment represented a total market share of almost X% in 2012.

Competitive Landscape Summary
•The Brazilian market for reagent kits in IVD is highly fragmented, with the top X market participants, Roche Diagnostics, Siemens Healthcare, and Abbott Laboratories, controlling a combined market share of X%.
•Labtest is the largest private Brazilian company to manufacture locally reagent kits and is expanding its business to manufacture POCT and assembly analyzers in Brazil.
•Abbott Laboratories increased its market share in the molecular diagnosis segment because it is a continuous unique supplier for molecular diagnosis kits for the Brazilian federal government (tender bid).
•Siemens Healthcare is increasing its focus in the healthcare arena. The company strengthened its partnership with DASA Diagnostic Laboratory Group.
•The partnership renewal with Sysmex Corporation in 2012 contributed to Roche Diagnostics’ leadership role in the hematology/hemostasis segment.
•HORIBA, Ltd.; bioMérieux; and Alere are strong in the hematology/hemostasis, microbiology, and urinalysis segments, respectively.

Scope and Segmentation

Geographic coverage: Brazil
Study period: 2010–2017
Base year: 2012
Forecast period: 2013–2017
Monetary unit: US Dollars
Conversion rate: R$X = $X

This report covers revenue, market share, and market analysis of reagent kits used to perform IVD laboratory tests. This report does not assess sales and revenue of the equipment used in the laboratorial analysis. More thanX% of this equipment in diagnosis laboratories are under lease agreements tied to buying quantities stated in the contract between the manufacturer of the reagent kits/equipment and the diagnostic laboratory.

Market Segments Analysed in this Study
Immunochemistry
Hematology/Hemostasis
Urinalysis
Microbiology
Molecular Diagnosis
POCT

Key Questions This Study Will Answer

Is the market growing, how long will it continue to grow, and at what rate?
Are the existing competitors structured correctly to meet customer needs?
What are the most promising segments in the Brazilian market for reagent kits in IVD?
Which are the largest customers, and what is their market share in IVD product purchases?
What are the market drivers, restraints, and trends for the Brazilian market for reagent kits in IVD?
What are the opportunities and strategies to increase revenue and profit margins as well as increase participants’ market share?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

IVD Market in BRIC by Product & Service, Technology, Application, Country - Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

The IVD market in BRIC is expected to reach USD 15.71 billion by 2022 from USD 10.60 billion in 2017, at a CAGR of 8.2%. The key factors driving the growth of the market are growing patient awareness of ...

2017 Competing in the Global Hematology and Flow Cytometry Markets

  • $ 21100
  • Industry report
  • March 2017
  • by Venture Planning Group

This new report from VPGMarketResearch.com contains 700 pages, 250 tables, and provides information not available from any other published source, including:  - Specimen forecasts by market segment- Test ...

Hematology and Flow Cytometry 2021: Analyzers and Reagents--Supplier Shares and Strategies, Country Segment Forecasts, Innovative Technologies, Instrumentation Review

  • $ 15900
  • Industry report
  • March 2017
  • by Venture Planning Group

Complete report $34,500.  DataPack (test volumes, sales forecasts, supplier shares) $15,900. VPGMarketResearch.com's new seven-country report is designed to help current suppliers and potential ...


ref:plp2013

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.