Middle East & Africa Biobank Market Size & Outlook
Middle East & Africa biobank market, 2018-2030 (US$M)
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MEA biobank market highlights
- The MEA biobank market generated a revenue of USD 1,281.9 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, biobanking equipment was the largest revenue generating product in 2023.
- LIMS is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,281.9 million |
| Market revenue in 2030 | USD 2,033.3 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Biobanking equipment |
| Fastest growing segment | LIMS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biobanking Equipment, Biobanking Consumables, LIMS |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Qiagen NV, Booz Allen Hamilton Holding Corp Class A, Tecan Group AG, Danaher Corp, Becton Dickinson & Co, Taylor-Wharton, Charles River Laboratories International Inc, Lonza Group Ltd, STEMCELL Technologies, PromoCell GmbH |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.7% of the global biobank market in 2023.
- Globally, Europe 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 29,749.6 million by 2030.
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Biobank Market Scope
Biobank Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa biobank 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 biobank market will help companies and investors design strategic landscapes.
Biobanking equipment was the largest segment with a revenue share of 73.85% in 2023. Horizon Databook has segmented the Middle East & Africa biobank market based on biobanking equipment, biobanking consumables, lims covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Biobank Product Outlook (Revenue, USD Million, 2018-2030)
- Biobanking Equipment
- Temperature Control Systems
- Freezers & Refrigerators
- Cryogenic Storage Systems
- Thawing Equipment
- Incubators & Centrifuges
- Alarms & Monitoring Systems
- Accessories & Other Equipment
- Temperature Control Systems
- Biobanking Consumables
- LIMS
- Biobanking Equipment
- Middle East & Africa Biobank Service Outlook (Revenue, USD Million, 2018-2030)
- Biobanking & Repository
- Lab Processing
- Qualification/ Validation
- Cold Chain Logistics
- Other Services
- Middle East & Africa Biobank Biospecimen Type Outlook (Revenue, USD Million, 2018-2030)
- Human Tissues
- Organs
- Stem Cells
- Adult Stem Cells
- Embryonic Stem Cells
- IPS Cells
- Other Stem Cells
- Other Biospecimens
- Middle East & Africa Biobank Biobank Type Outlook (Revenue, USD Million, 2018-2030)
- Physical/Real Biobanks
- Tissue Biobanks
- Population Based Biobanks
- Genetic (DNA/RNA)
- Disease Based Biobanks
- Virtual Biobanks
- Physical/Real Biobanks
- Middle East & Africa Biobank Application Outlook (Revenue, USD Million, 2018-2030)
- Therapeutics
- Drug Discovery & Clinical Research
- Clinical Diagnostics
- Other Applications
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Target buyers of Middle East & Africa biobank market databook
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Our clientele includes a mix of biobank market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa biobank market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa biobank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA biobank market size, by country, 2018-2030 (US$M)
Middle East & Africa Biobank Market Outlook Share, 2023 & 2030 (US$M)
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