South Africa Cellular Health Screening Market Size & Outlook
South Africa cellular health screening market, 2018-2030 (US$M)
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South Africa cellular health screening market highlights
- The South Africa cellular health screening market generated a revenue of USD 27.8 million in 2023 and is expected to reach USD 64.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 12.8% 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 27.8 million |
| Market revenue in 2030 | USD 64.7 million |
| Growth rate | 12.8% (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, South Africa accounted for 0.9% 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 Middle East & Africa, South Africa cellular health screening market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 64.7 million by 2030.
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Cellular Health Screening Market Scope
Cellular Health Screening Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 79.86% in 2023. Horizon Databook has segmented the South Africa cellular health screening market based on single test panels, multi-test panels covering the revenue growth of each sub-segment from 2018 to 2030.
Economic development in South Africa and high risk of infectious & chronic diseases in the country are among major factors driving the growth of South Africa cellular health screening market.
Increase in healthcare spending and rise in the demand for advanced techniques for screening of infectious & other chronic diseases are among the factors expected to boost the market during the forecast period.
Moreover, the government is undertaking initiatives to regulate the healthcare industry in South Africa, which is expected to support the market growth in the near future. However, inadequate awareness about diseases.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa cellular health screening market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cellular health screening market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cellular health screening market size, by test type, 2018-2030 (US$M)
South Africa Cellular Health Screening Market Outlook Share, 2023 & 2030 (US$M)
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