Middle East & Africa Bioinformatics Services Market Size & Outlook
Middle East & Africa bioinformatics services market, 2018-2030 (US$M)
MEA bioinformatics services market highlights
- The MEA bioinformatics services market generated a revenue of USD 87.4 million in 2023.
- The market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, genomics was the largest revenue generating application in 2023.
- Genomics is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 87.4 million |
| Market revenue in 2030 | USD 220.1 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Genomics |
| Fastest growing segment | Genomics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genomics |
| Key market players worldwide | Dassault Systemes SE, Qiagen NV, GVK Biosciences, Illumina Inc, Agilent Technologies Inc, GLG Life Tech Corp, Quest Diagnostics Inc, International Business Machines Corp, Thermo Fisher Scientific Inc, DNAnexus |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global bioinformatics services market in 2023.
- Globally, North America 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 1,488.1 million by 2030.
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Bioinformatics Services Market Scope
Bioinformatics Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa bioinformatics services 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 bioinformatics services market will help companies and investors design strategic landscapes.
Genomics was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa bioinformatics services market based on genomics covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa bioinformatics services market databook
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Our clientele includes a mix of bioinformatics services 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bioinformatics services market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bioinformatics services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa bioinformatics services market
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