South Africa Blood Testing Market Size & Outlook
South Africa blood testing market, 2018-2030 (US$M)
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South Africa blood testing market highlights
- The South Africa blood testing market generated a revenue of USD 1,102.0 million in 2023 and is expected to reach USD 1,926.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, covid-19 testing was the largest revenue generating test type in 2023.
- A1C testing is the most lucrative test type segment registering the fastest growth during the forecast period.
Blood testing market data book summary
| Market revenue in 2023 | USD 1,102.0 million |
| Market revenue in 2030 | USD 1,926.9 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Covid-19 testing |
| Fastest growing segment | A1C testing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glucose testing, A1C testing, Direct LDL testing, Lipid panel testing, Prostate-specific antigen testing, COVID-19 testing, BUN testing, Vitamin D testing, Thyroid-stimulating hormone testing, Serum Nicotine / Cotinine testing, High sensitivity CRP testing, Testosterone testing, ALT testing, Cortisol testing, Creatinine testing, AST testing, Other blood tests |
| Key market players worldwide | Abbott Laboratories, Roche Holding AG ADR, Bio-Rad Laboratories Inc, BioMerieux SA, Quest Diagnostics Inc, Biomerica Inc, Becton Dickinson & Co, Siemens Healthineers AG ADR, Danaher Corp, Trinity Biotech PLC ADR |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.1% of the global blood testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa blood testing market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,485.8 million by 2030.
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Blood Testing Market Scope
Blood Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa blood testing 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 testing market will help companies and investors design strategic landscapes.
Covid-19 testing was the largest segment with a revenue share of 70.74% in 2023. Horizon Databook has segmented the South Africa blood testing market based on glucose testing, a1c testing, direct ldl testing, lipid panel testing, prostate-specific antigen testing, covid-19 testing, bun testing, vitamin d testing, thyroid-stimulating hormone testing, serum nicotine / cotinine testing, high sensitivity crp testing, testosterone testing, alt testing, cortisol testing, creatinine testing, ast testing, other blood tests covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Africa blood testing market databook
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Our clientele includes a mix of blood testing 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 South Africa blood testing market , including forecasts for subscribers. This country databook contains high-level insights into South Africa blood testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa blood testing market
South Africa Blood Testing Market Outlook Share, 2023 & 2030 (US$M)
South Africa blood testing market
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