Middle East & Africa Analytical Instrumentation Market Size & Outlook
Middle East & Africa analytical instrumentation market, 2018-2030 (US$M)
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MEA analytical instrumentation market highlights
- The MEA analytical instrumentation market generated a revenue of USD 1,613.5 million in 2023.
- The market is expected to grow at a CAGR of 2% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,613.5 million |
| Market revenue in 2030 | USD 1,850.6 million |
| Growth rate | 2% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Services, Software |
| Key market players worldwide | Thermo Fisher Scientific Inc, Waters Corp, Shimadzu Corp, Danaher Corp, Agilent Technologies Inc, Bruker Corp, PerkinElmer, Mettler-Toledo International Inc, ZEISS Group, Bio-Rad Laboratories Inc, Illumina Inc, Eppendorf, Roche Holding AG, Sartorius AG, Avantor Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.9% of the global analytical instrumentation 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 15,078.4 million by 2030.
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Analytical Instrumentation Market Scope
Analytical Instrumentation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa analytical instrumentation 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 analytical instrumentation market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 54.65% in 2023. Horizon Databook has segmented the Middle East & Africa analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
The analytical instrumentation market in this region is anticipated to exhibit steady growth during the forecast period. This steady growth can be attributed to factors such as limited investments in biotechnology sector, low affordability of expensive systems, and growing R&D activities in pharmaceutical & biotechnology sectors, especially in Middle Eastern countries.
However, robust government initiatives being undertaken to boost the biotechnology sector in countries such as Saudi Arabia and the UAE are anticipated to create lucrative opportunities in the near future. Furthermore, increasing focus on hematology and oncology due to high prevalence of cancer and other diseases is anticipated to drive the demand for various instruments for conducting research.
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Target buyers of Middle East & Africa analytical instrumentation market databook
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Our clientele includes a mix of analytical instrumentation 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 analytical instrumentation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA analytical instrumentation market size, by country, 2018-2030 (US$M)
Middle East & Africa Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)
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