UAE Biochip Market Size & Outlook, 2023-2030
UAE biochip market, 2018-2030 (US$M)
Related Markets
UAE biochip market highlights
- The UAE biochip market generated a revenue of USD 80.9 million in 2023 and is expected to reach USD 155.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, dna chips was the largest revenue generating type in 2023.
- Lab-on-chip is the most lucrative type segment registering the fastest growth during the forecast period.
Biochip market data book summary
| Market revenue in 2023 | USD 80.9 million |
| Market revenue in 2030 | USD 155.6 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Dna chips |
| Fastest growing segment | Lab-on-chip |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tissue Arrays, Cell Arrays, DNA Chips, Lab-on-chip, Protein Chips |
| Key market players worldwide | Agilent Technologies Inc, PerkinElmer, Illumina Inc, Bio-Rad Laboratories Inc, Standard BioTools Inc, GE HealthCare Technologies Inc Common Stock, Thermo Fisher Scientific Inc, Qiagen NV, Randox |
Other key industry trends
- In terms of revenue, UAE accounted for 0.7% of the global biochip market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia biochip market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 155.6 million by 2030.
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Biochip Market Scope
Biochip Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE biochip 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 biochip market will help companies and investors design strategic landscapes.
Dna chips was the largest segment with a revenue share of 36.46% in 2023. Horizon Databook has segmented the UAE biochip market based on tissue arrays, cell arrays, dna chips, lab-on-chip, protein chips covering the revenue growth of each sub-segment from 2018 to 2030.
Several initiatives being undertaken by various organizations to boost the biotechnology and biopharmaceutical sectors in the country are anticipated to support market growth in the UAE. The Dubai Biotechnology and Research Park (DuBiotech) is a science & business park devoted to the biotechnology sector, which facilitates government-funded R&D activities.
DuBiotech’s infrastructure includes R&D labs and biotech-related educational & research institutions, which foster the creation of new technologies and diagnostics. Furthermore, with growing economic strength and the rising dominance of the country in the Middle East, its biomanufacturing capabilities are expected to grow in the near future and fuel market growth.
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Target buyers of UAE biochip market databook
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Our clientele includes a mix of biochip 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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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 UAE biochip market, including forecasts for subscribers. This country databook contains high-level insights into UAE biochip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE biochips market size, by type, 2018-2030 (US$M)
UAE Biochip Market Share, 2023 & 2030 (US$M)
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