South Africa Biobank Market Size & Outlook, 2026-2033

The biobank market in South Africa is expected to reach a projected revenue of US$ 691.2 million by 2033. A compound annual growth rate of 6.5% is expected of South Africa biobank market from 2026 to 2033.
Revenue, 2025 (US$M)
$421.3
Forecast, 2033 (US$M)
$691.2
CAGR, 2026 - 2033
6.5%
Report Coverage
South Africa

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South Africa biobank market, 2021-2033 (US$M)

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South Africa biobank market highlights

  • The South Africa biobank market generated a revenue of USD 421.3 million in 2025 and is expected to reach USD 691.2 million by 2033.
  • The South Africa market is expected to grow at a CAGR of 6.5% from 2026 to 2033.
  • In terms of segment, services was the largest revenue generating product & services in 2025.
  • Services is the most lucrative product & services segment registering the fastest growth during the forecast period.


Biobank market data book summary

Market revenue in 2025USD 421.3 million
Market revenue in 2033USD 691.2 million
Growth rate6.5% (CAGR from 2026 to 2033)
Largest segmentServices
Fastest growing segmentServices
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationProduct, Services
Key market players worldwideThermo 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, South Africa accounted for 0.5% of the global biobank market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Middle East & Africa, Saudi Arabia biobank market is projected to lead the regional market in terms of revenue in 2033.
  • UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 444.6 million by 2033.

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Biobank Market Companies

Name Profile # Employees HQ Website
Booz Allen Hamilton Holding Corp Class A View profile 34200 8283 Greensboro Drive, Hamilton Building, McLean, VA, United States, 22102 https://www.boozallen.com
STEMCELL Technologies View profile 501-1000 Vancouver, British Columbia, Canada, North America https://www.stemcell.com
Taylor-Wharton View profile 251-500 Baytown, Texas, United States, North America https://twcryo.com
PromoCell GmbH View profile 51-100 Heidelberg, Baden-Wurttemberg, Germany, Europe http://www.promocell.com/
Tecan Group AG View profile 3591 Seestrasse 103, Mannedorf, Switzerland, 8708 https://www.tecan.com
Charles River Laboratories International Inc View profile 21400 251 Ballardvale Street, Wilmington, MA, United States, 01887 https://www.criver.com
Qiagen NV View profile 5900 Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL https://www.qiagen.com
Danaher Corp View profile 63000 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 https://www.danaher.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Lonza Group Ltd View profile 18000 Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 https://www.lonza.com
Becton Dickinson & Co View profile 73000 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 https://www.bd.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

South 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.


Services was the largest segment with a revenue share of 87.11% in 2025. Horizon Databook has segmented the South Africa biobank market based on product, services covering the revenue growth of each sub-segment from 2021 to 2033.


South Africa witnesses a high burden of infectious diseases, along with an increasing prevalence of noncommunicable and metabolic diseases. As a result, demand for biobanking operations in the country for facilitating public health development is one of the key drivers for the market. 

Furthermore, the country witnesses an increasing need for the development of national human biobanks as evidenced by initiatives, such as the H3Africa consortium. The consortium includes the development of harmonized and standardized operational procedures for biobanking.

Which is expected to attract more biobanking players in the country. However, South Africa faces severe limitations with respect to energy resources and is restrained by consistent power outages that result from the country.

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Target buyers of South Africa biobank market databook

  • Our clientele includes a mix of biobank market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Africa biobank market , including forecasts for subscribers. This country databook contains high-level insights into South Africa biobank market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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South Africa biobank market size, by product & services, 2021-2033 (US$M)

South Africa Biobank Market Outlook Share, 2025 & 2033 (US$M)

South Africa biobank market size, by product & services, 2021-2033 (US$M)

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