UAE Central Lab Market Size & Outlook, 2023-2030
UAE central lab market, 2018-2030 (US$M)
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UAE central lab market highlights
- The UAE central lab market generated a revenue of USD 15.4 million in 2023 and is expected to reach USD 23.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, biomarker services was the largest revenue generating services in 2023.
- Anatomic Pathology/Histology is the most lucrative services segment registering the fastest growth during the forecast period.
Central lab market data book summary
| Market revenue in 2023 | USD 15.4 million |
| Market revenue in 2030 | USD 23.9 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Biomarker services |
| Fastest growing segment | Anatomic Pathology/Histology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genetic Services, Biomarker Services, Microbiology Services, Anatomic Pathology/Histology, Specimen Management & Storage, Special Chemistry Services |
| Key market players worldwide | LabConnect, Eurofins Scientific SE, A. P. Moller Maersk A/S ADR, ACM Global, Cerba Research, Synevo Central Labs, Versiti, Cenetron, Ampersand Capital Partners, Pacific Biomarkers, Cirion |
Other key industry trends
- In terms of revenue, UAE accounted for 0.5% of the global central lab 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 central lab 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 23.9 million by 2030.
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Central Lab Market Scope
Central Lab Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE central lab 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 central lab market will help companies and investors design strategic landscapes.
Biomarker services was the largest segment with a revenue share of 38.31% in 2023. Horizon Databook has segmented the UAE central lab market based on genetic services, biomarker services, microbiology services, anatomic pathology/histology, specimen management & storage, special chemistry services covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE central lab market is anticipated to witness growth over the forecast period due to the presence of local laboratory networks, such as the Burjeel Medical City’s (BMC) Central Lab, which is equipped with a capacity of around 10 million tests per year.
The lab is also undertaking several strategic activities for driving healthcare innovations in the country. For instance, in January 2022, BMC partnered with Becton, Dickinson and Company for the development of innovative medical technology solutions and facilitates training activities for the enhancement of patient & healthcare personnel safety.
Such initiatives are expected to lead to availability of a better workforce, improved technology, and advanced safety measures, which is expected to create growth opportunities in the market in UAE.
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Our clientele includes a mix of central lab 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 UAE central lab market , including forecasts for subscribers. This country databook contains high-level insights into UAE central lab market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE central lab market size, by services, 2018-2030 (US$M)
UAE Central Lab Market Outlook Share, 2023 & 2030 (US$M)
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