South Africa Cell Separation Market Size & Outlook
South Africa cell separation market, 2018-2030 (US$M)
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South Africa cell separation market highlights
- The South Africa cell separation market generated a revenue of USD 85.8 million in 2023 and is expected to reach USD 160.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Cell separation market data book summary
| Market revenue in 2023 | USD 85.8 million |
| Market revenue in 2030 | USD 160.4 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments |
| Key market players worldwide | Thermo Fisher Scientific Inc, BD, Danaher Corp, Terumo Corp, STEMCELL Technologies, Bio-Rad Laboratories Inc, Merck KGaA, Agilent Technologies Inc, Corning Inc, Akadeum Life Sciences |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global cell separation 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 cell separation 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 71.0 million by 2030.
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Cell Separation Market Scope
Cell Separation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa cell separation 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 cell separation market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 62.94% in 2023. Horizon Databook has segmented the South Africa cell separation market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa cell separation market is anticipated to exhibit a stagnant growth over the forecast period. This can be attributed to presence of diminutive biotechnology industry and inadequate scientific R&D initiatives in the country.
Moreover, the budget allocated to science R&D is much lower in the country, which further limits the adoption of advanced cell separation products. However, increasing publicprivate investments for supporting the biotechnology sector in the country are anticipated to create lucrative growth opportunities in the near future.
Furthermore, increasing workshops and symposiums on cell separation technologies in the country are anticipated to spread awareness about advanced cell separation technologies in South Africa. For instance, in 2019, the 9th IDA Symposium and Flow Cytometry Workshop was held in Cape Town, South Africa.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa cell separation market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cell separation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cell separation market size, by product, 2018-2030 (US$M)
South Africa Cell Separation Market Outlook Share, 2023 & 2030 (US$M)
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