Saudi Arabia Chemiluminescence Immunoassay Market Size & Outlook
Saudi Arabia chemiluminescence immunoassay market, 2016-2028 (US$M)
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Saudi Arabia chemiluminescence immunoassay market highlights
- The Saudi Arabia chemiluminescence immunoassay market generated a revenue of USD 44.1 million in 2020 and is expected to reach USD 83.9 million by 2028.
- The Saudi Arabia market is expected to grow at a CAGR of 8.4% 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.
Chemiluminescence immunoassay market data book summary
| Market revenue in 2020 | USD 44.1 million |
| Market revenue in 2028 | USD 83.9 million |
| Growth rate | 8.4% (CAGR from 2020 to 2028) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software & Services |
| Key market players worldwide | Diasorin 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, Saudi Arabia accounted for 0.6% of the global chemiluminescence immunoassay market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa chemiluminescence immunoassay market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 122.0 million by 2028.
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Chemiluminescence Immunoassay Market Scope
Chemiluminescence Immunoassay Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 66.44% in 2020. Horizon Databook has segmented the Saudi Arabia chemiluminescence immunoassay market based on consumables, instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.
Increasing disposable income and collaborative agreements with international organizations, such as WHO and UN, are expected to boost the market in the country by attracting key players. Furthermore, various initiatives being undertaken by the government to enable early diagnosis and treatment of several chronic diseases, including cancer, are expected to aid in market growth.
In 2019, Saudi Arabia’s Ministry of Health announced the undertaking of several initiatives, including advancements of screening programs, improving awareness about cancers, and establishing new cancer centers, across the region.
In addition, a research study published in the Annals of Thoracic Medicine (Saudi Thoracic Society) in December 2018 aimed at developing guidelines for early screening and treatment of lung cancer.
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Our clientele includes a mix of chemiluminescence immunoassay 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 Saudi Arabia chemiluminescence immunoassay market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia chemiluminescence immunoassay market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Saudi Arabia chemiluminescence immunoassay market size, by product & services, 2016-2028 (US$M)
Saudi Arabia Chemiluminescence Immunoassay Market Outlook Share, 2020 & 2028 (US$M)
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