Market revenue in 2022 | USD 22.4 million |
Market revenue in 2030 | USD 49.0 million |
Growth rate | 10.3% (CAGR from 2022 to 2030) |
Largest segment | Automated liquid handling workstations |
Fastest growing segment | Reagents & Consumables |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Automated Liquid Handling Workstations, Reagents & Consumables |
Key market players worldwide | Thermo Fisher Scientific Inc, Agilent Technologies Inc, Danaher Corp, Corning Inc, Eppendorf, Formulatrix, Gilson, Beckman Coulter, Lonza Group Ltd, PerkinElmer, Qiagen NV, Tecan Group AG, Mettler-Toledo International Inc |
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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 automated liquid handling technologies market will help companies and investors design strategic landscapes.
Automated liquid handling workstations was the largest segment with a revenue share of 58.04% in 2022. Horizon Databook has segmented the Middle East & Africa automated liquid handling technologies market based on automated liquid handling workstations, reagents & consumables covering the revenue growth of each sub-segment from 2018 to 2030.
Countries in the MEA face several challenges, such as complexity and lack of standardization in the regulation of licenses & recruitment. Investment by the private sector is low; more than 75% of the healthcare spending in these countries is by the government.
However, the rising incidence of lifestyle-related diseases and increasing demand for standard healthcare provisions are expected to create demand for better diagnostic and healthcare tests. This is expected to contribute to revenue generation.
Government efforts to encourage foreign investment, along with gradual improvement in the regulatory environment, are anticipated to contribute to the growth of its life sciences sector. Gradual progress in the healthcare, pharmaceutical, and life sciences industries is expected to support market growth over the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automated liquid handling technologies market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automated liquid handling technologies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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