Market revenue in 2020 | USD 15.2 million |
Market revenue in 2027 | USD 23.1 million |
Growth rate | 6.1% (CAGR from 2020 to 2027) |
Largest segment | Autosampler systems |
Fastest growing segment | Autosampler Systems |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Autosampler Systems, Autosampler Accessories |
Key market players worldwide | IQVIA Holdings Inc, Icon PLC, Charles River Laboratories International Inc, Pharmaceutical Product Development |
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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 autosamplers market will help companies and investors design strategic landscapes.
Autosampler systems was the largest segment with a revenue share of 63.82% in 2020. Horizon Databook has segmented the Saudi Arabia autosamplers market based on autosampler systems, autosampler accessories covering the revenue growth of each sub-segment from 2016 to 2027.
Saudi Arabia has one of the most technologically advanced and developed healthcare sectors in the GCC region with modern equipment and amenities. Medical devices are regulated by the Saudi FDA. Currently, only 30% of pharmaceutical products are manufactured locally in Saudi Arabia.
Thus, the country relies considerably on imports of pharmaceutical products, mainly from Europe, to meet local demand as a result of insufficient production of drugs and lack of research capabilities. The economic condition of South Africa is not completely stable therefore major health care systems are working on generating funding and promoting government initiatives.
Also, there are over 100 research institutions in the country dedicated towards innovative & therapeutic discoveries. The country also has a feasible regulatory environment to enable creation of value-added products and services. According to Global Innovation Index, Saudi Arabia ranks better in innovation inputs and has shown a steady performance.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia autosamplers market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia autosamplers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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