Middle East & Africa Chemiluminescence Immunoassay Market Size & Outlook

The chemiluminescence immunoassay market in Middle East & Africa is expected to reach a projected revenue of US$ 577.5 million by 2028. A compound annual growth rate of 8% is expected of Middle East & Africa chemiluminescence immunoassay market from 2021 to 2028.
Revenue, 2020 (US$M)
$311.7
Forecast, 2028 (US$M)
$577.5
CAGR, 2021 - 2028
8%
Report Coverage
Middle East & Africa

Middle East & Africa chemiluminescence immunoassay market, 2016-2028 (US$M)

Middle

MEA chemiluminescence immunoassay market highlights

  • The MEA chemiluminescence immunoassay market generated a revenue of USD 311.7 million in 2020.
  • The market is expected to grow at a CAGR of 8% from 2021 to 2028.
  • In terms of segment, consumables was the largest revenue generating product & services in 2020.
  • Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
  • Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.


MEA data book summary

Market revenue in 2020USD 311.7 million
Market revenue in 2028USD 577.5 million
Growth rate8% (CAGR from 2020 to 2028)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationConsumables, Instruments, Software & Services
Key market players worldwideDiasorin SpA, Abbott Laboratories, Siemens Healthineers AG ADR, QuidelOrtho Corp, shenzhen mindray automation equipment co., Immunodiagnostic Systems, Beckman Coulter, Roche Holding AG ADR, Roche, Inova Diagnostics, Maccura


Other key industry trends

  • In terms of revenue, MEA region accounted for 4.2% of the global chemiluminescence immunoassay market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,286.0 million by 2028.

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Chemiluminescence Immunoassay Market Companies

Name Profile # Employees HQ Website

Middle East & Africa chemiluminescence immunoassay 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 chemiluminescence immunoassay market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 66.47% in 2020. Horizon Databook has segmented the Middle East & Africa chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.


Growth of Middle East and Africa chemiluminescence immunoassay market can be attributed to ongoing government initiatives focused on improving early diagnosis and treatment of various chronic diseases in the MEA region.

Furthermore, high incidence of infectious and cardiovascular diseases in countries, such as South Africa, is expected to boost demand for CLIA solutions. However, low awareness about diseases, uncertain reimbursement scenarios, and lack of skilled professionals in some countries of the MEA region may limit the market growth.

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  • Our clientele includes a mix of chemiluminescence immunoassay market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa chemiluminescence immunoassay market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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MEA chemiluminescence immunoassay market size, by country, 2016-2028 (US$M)

Middle East & Africa Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)

MEA chemiluminescence immunoassay market size, by country, 2016-2028 (US$M)

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