South Africa Clinical Microbiology Market Size & Outlook
South Africa clinical microbiology market, 2018-2030 (US$M)
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South Africa clinical microbiology market highlights
- The South Africa clinical microbiology market generated a revenue of USD 22.8 million in 2023 and is expected to reach USD 38.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Laboratory Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Clinical microbiology market data book summary
| Market revenue in 2023 | USD 22.8 million |
| Market revenue in 2030 | USD 38.6 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Laboratory Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Instruments, Automated Culture System, Reagents |
| Key market players worldwide | BioMerieux SA, Abbott Laboratories, BD, Danaher Corp, Hologic Inc, Roche Holding AG ADR, Bruker Corp, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global clinical microbiology 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 clinical microbiology 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 38.6 million by 2030.
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Clinical Microbiology Market Scope
Clinical Microbiology Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa clinical microbiology 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 clinical microbiology market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 71.93% in 2023. Horizon Databook has segmented the South Africa clinical microbiology market based on laboratory instruments, automated culture system, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Economic development of South Africa and presence of high unmet healthcare needs are the major growth drivers of South Africa clinical microbiological market.
Anticipated growth in healthcare spending and thereby rising demand for advanced techniques for diagnosis and treatment of infectious diseases is anticipated to boost the market during the forecast period. Moreover, the government of the country is taking initiative to regulate the healthcare industry in South Africa
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Our clientele includes a mix of clinical microbiology market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa clinical microbiology market , including forecasts for subscribers. This country databook contains high-level insights into South Africa clinical microbiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa clinical microbiology market size, by product, 2018-2030 (US$M)
South Africa Clinical Microbiology Market Outlook Share, 2023 & 2030 (US$M)
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