Middle East & Africa Paper Diagnostics Market Size & Outlook
MEA paper diagnostics market highlights
- An overview of the MEA paper diagnostics market trends heading towards 2030. The MEA market generated a revenue of USD 1,118.7 million in 2023.
- The overall growth of the MEA market from 2023 to 2030. The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- A look at the MEA market revenues per segment in 2023. In terms of segment, hospitals & clinics was the largest revenue generating end use in 2023.
- The segment witnessing the fastest revenue growth within the market. Hospitals & Clinics is the most lucrative end use segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 1,118.7 million |
| Market revenue in 2030 | USD 1,691.9 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals & clinics |
| Fastest growing segment | Hospitals & Clinics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals & Clinics |
| Key market players worldwide | Arkray, ACON Laboratories, Abbott Laboratories, Bio-Rad Laboratories Inc, Siemens Healthineers AG ADR, Diagnostics For All, Navigene |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.5% of the global paper diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,657.3 million by 2030.
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Paper Diagnostics Market Scope
Paper Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Navigene | View profile | 11-50 | Thane, Maharashtra, India, Asia | http://www.navigene.in/ |
| Diagnostics For All | View profile | 11-50 | Salem, Massachusetts, United States, North America | https://dfa.org/ |
| ACON Laboratories | View profile | 1001-5000 | San Diego, California, United States, North America | http://aconlabs.com |
| Arkray | View profile | 5001-10000 | Kyoto-shi, Kyoto, Japan, Asia | https://www.arkray.co.jp/japanese/index.html |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Middle East & Africa paper 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 paper diagnostics market will help companies and investors design strategic landscapes.
Hospitals & clinics was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa paper diagnostics market based on hospitals & clinics covering the revenue growth of each sub-segment from 2018 to 2030.
MEA region includes South Africa, GCC, and rest of the countries in the Middle East and Africa. Paper diagnostics market in this region is anticipated to show upward shift over the forecast period owing to rising prevalence of hepatitis virus and HIV. Cost efficiency and the rising awareness associated with paper diagnostics are also contributing factors responsible to drive market growth in this region. Additionally, poor healthcare settings in this region are also anticipated to increase the demand for paper diagnostic methods in the market due to low cost associated with it.
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Our clientele includes a mix of paper diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa paper diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa paper diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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