Market revenue in 2023 | USD 477.7 million |
Market revenue in 2030 | USD 974.2 million |
Growth rate | 10.7% (CAGR from 2023 to 2030) |
Largest segment | Hba1c tests |
Fastest growing segment | HGB/HCT tests |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Complete blood count, HGB/HCT tests, Basic metabolic panel, BUN creatinine tests, Electrolytes testing, HbA1c tests, Comprehensive metabolic panel tests, Liver panel tests, Renal panel tests, Lipid panel tests |
Key market players worldwide | Quest Diagnostics Inc, Abbott Laboratories, Labcorp Holdings Inc, ARUP Laboratories, OPKO Health Inc, Clinical Reference Laboratory, Sonic Healthcare Ltd, Cinven, Unilabs |
Hba1c tests was the largest segment with a revenue share of 12.94% in 2023. Horizon Databook has segmented the UAE clinical laboratory tests market based on complete blood count, hgb/hct tests, basic metabolic panel, bun creatinine tests, electrolytes testing, hba1c tests, comprehensive metabolic panel tests, liver panel tests, renal panel tests, lipid panel tests covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of chronic diseases is one of the major factors fueling the UAE market growth. According to World Life Expectancy, diseases such as cardiovascular diseases, stroke, diabetes, and COPD were the major causes of death in the country in 2020. It is also observed that nearly 23.4% to 24.7% of men smoke cigarettes in this country.
companies investing in studies. For instance, in December 2021, AstraZeneca and G42 Healthcare partnered to expand research and diagnostics efforts in the UAE. The companies would focus on gathering real-world information and conducting clinical studies through G42 Healthcare's CRO.
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