South Africa Autosamplers Market Size & Outlook, 2020-2027
South Africa autosamplers market, 2016-2027 (US$M)
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South Africa autosamplers market highlights
- The South Africa autosamplers market generated a revenue of USD 10.5 million in 2020 and is expected to reach USD 14.5 million by 2027.
- The South Africa market is expected to grow at a CAGR of 4.7% from 2021 to 2027.
- In terms of segment, autosampler systems was the largest revenue generating product in 2020.
- Autosampler Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Autosamplers market data book summary
| Market revenue in 2020 | USD 10.5 million |
| Market revenue in 2027 | USD 14.5 million |
| Growth rate | 4.7% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global autosamplers market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, UAE autosamplers market is projected to lead the regional market in terms of revenue in 2027.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 32.2 million by 2027.
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Autosamplers Market Scope
Autosamplers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa autosamplers 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 autosamplers market will help companies and investors design strategic landscapes.
Autosampler systems was the largest segment with a revenue share of 62.86% in 2020. Horizon Databook has segmented the South Africa autosamplers market based on autosampler systems, autosampler accessories covering the revenue growth of each sub-segment from 2016 to 2027.
Economic development and the presence of high unmet healthcare needs are some factors driving market growth in South Africa. Government initiatives such as development of special economic zones, Tripartite Free Trade Area, tax breaks and establishment of South African Health Products.
Regulatory Authority (SAHPRA) are expected to increase the number of foreign investments and collaborations in South Africa, thereby facilitating the market growth. Moreover, an increase in the number of public-private partnerships and a high need for upgradation of hospitals and laboratories are some factors expected to create opportunities for players to enter the market to gain high market share.
As per the National Research and Experimental Development Survey, South Africa’s gross expenditure on R&D increased in 2017 & 2018 accounting for 0.82% of the total GDP. This depicts that the R&D in the country is growing at a slow pace but the concerns still remain as the expenditure is still relatively low as compared to other countries.
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Our clientele includes a mix of autosamplers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa autosamplers market, including forecasts for subscribers. This country databook contains high-level insights into South Africa autosamplers market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Africa autosamplers market size, by product, 2016-2027 (US$M)
South Africa Autosamplers Market Share, 2020 & 2027 (US$M)
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