Saudi Arabia Blood Cancer Diagnostics Market Size & Outlook
Saudi Arabia blood cancer diagnostics market, 2018-2030 (US$M)
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Saudi Arabia blood cancer diagnostics market highlights
- The Saudi Arabia blood cancer diagnostics market generated a revenue of USD 57.7 million in 2023 and is expected to reach USD 86.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Research & Manufacturing is the most lucrative end use segment registering the fastest growth during the forecast period.
Blood cancer diagnostics market data book summary
| Market revenue in 2023 | USD 57.7 million |
| Market revenue in 2030 | USD 86.6 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Research & Manufacturing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Research & Manufacturing |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Roche Holding AG, Qiagen NV, Becton Dickinson & Co, Siemens Healthineers AG ADR, Thermo Fisher Scientific Inc, Hologic Inc, Koninklijke Philips NV, Illumina Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global blood cancer diagnostics 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 blood cancer diagnostics 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 36.8 million by 2030.
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia blood cancer diagnostics 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 blood cancer diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 68.28% in 2023. Horizon Databook has segmented the Saudi Arabia blood cancer diagnostics market based on hospitals, outpatient facilities, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The market for blood cancer diagnostics in South Arabia is influenced by various factors, including technological advancements, increasing awareness about blood cancer, and the rapidly aging population.
These centers, particularly in major cities like Riyadh, Jeddah, and Dammam, are equipped with advanced imaging modalities, molecular diagnostic tools, and pathology laboratories capable of conducting comprehensive diagnostic workups for hematologic malignancies.
Saudi Arabia's healthcare system is increasingly incorporating these molecular and genetic diagnostic technologies into routine clinical practices, reflecting a commitment to delivering precise & personalized care to patients with blood cancer.
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Target buyers of Saudi Arabia blood cancer diagnostics market databook
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Our clientele includes a mix of blood cancer diagnostics 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 Saudi Arabia blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia blood cancer diagnostics market size, by end use, 2018-2030 (US$M)
Saudi Arabia Blood Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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