Singapore Cellular Health Screening Market Size & Outlook
Singapore cellular health screening market, 2018-2030 (US$M)
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Singapore cellular health screening market highlights
- The Singapore cellular health screening market generated a revenue of USD 20.5 million in 2023 and is expected to reach USD 35.6 million by 2030.
- The Singapore market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, single test panels was the largest revenue generating test type in 2023.
- Multi-test Panels is the most lucrative test type segment registering the fastest growth during the forecast period.
Cellular health screening market data book summary
| Market revenue in 2023 | USD 20.5 million |
| Market revenue in 2030 | USD 35.6 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Single test panels |
| Fastest growing segment | Multi-test Panels |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Test Panels, Multi-test Panels |
| Key market players worldwide | Cytek Biosciences Inc, Quest Diagnostics Inc, Labcorp Holdings Inc, OPKO Health Inc, Applied DNA Sciences Inc |
Other key industry trends
- In terms of revenue, Singapore accounted for 0.7% of the global cellular health screening market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cellular health screening market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 209.5 million by 2030.
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Cellular Health Screening Market Scope
Cellular Health Screening Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Singapore cellular health screening 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 cellular health screening market will help companies and investors design strategic landscapes.
Single test panels was the largest segment with a revenue share of 80% in 2023. Horizon Databook has segmented the Singapore cellular health screening market based on single test panels, multi-test panels covering the revenue growth of each sub-segment from 2018 to 2030.
According to WHO, Singapore’s healthcare system ranks sixth and provides the fourth best healthcare infrastructure globally. Singapore’s healthcare system is considered as one of the best systems in Asia. Thus, Singapore cellular health screening market is expected to grow due to the expansion of the healthcare delivery system. Rising investments by the government to facilitate R&D in the field of infectious diseases have been key in facilitating growth. Rising R&D in genomics and genetic engineering is a key factor anticipated to further fuel the demand for these diagnostic devices in the country.
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Target buyers of Singapore cellular health screening market databook
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Our clientele includes a mix of cellular health screening 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 Singapore cellular health screening market , including forecasts for subscribers. This country databook contains high-level insights into Singapore cellular health screening market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore cellular health screening market size, by test type, 2018-2030 (US$M)
Singapore Cellular Health Screening Market Outlook Share, 2023 & 2030 (US$M)
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