South Africa Compound Management Market Size & Outlook
South Africa compound management market, 2018-2030 (US$M)
Related Markets
South Africa compound management market highlights
- The South Africa compound management market generated a revenue of USD 5.4 million in 2022 and is expected to reach USD 17.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 15.8% from 2023 to 2030.
- In terms of segment, product was the largest revenue generating type in 2022.
- Service is the most lucrative type segment registering the fastest growth during the forecast period.
Compound management market data book summary
| Market revenue in 2022 | USD 5.4 million |
| Market revenue in 2030 | USD 17.5 million |
| Growth rate | 15.8% (CAGR from 2022 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
| Key market players worldwide | Azenta Inc, Tecan Group AG, Hamilton Lane Inc Class A, Evotec SE, LiCONiC, SPT Labtech, BioAscent, Beckman Coulter, Axxam |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global compound management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa compound management 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 16.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Compound Management Market Scope
Compound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa compound management 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 compound management market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 61.11% in 2022. Horizon Databook has segmented the South Africa compound management market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
The South Africa compound management market is highly competitive and has many leading players contributing to the growth of the market in the country. Several top players, such as Hamilton Company, Bio Ascent, and Evotec, are adopting various strategies like product launches, mergers & acquisitions, and expansions to increase the availability of services and products in the country.
For instance, in February 2021, SPT Labtech LTD acquired Apricot Designs. With the acquisition, SPT Labtech can strategically broaden its offering of liquid handling automation solutions for structural biology, genomics, drug discovery, sample management, cryo-EM, and biobanking.
In South Africa, the regulatory framework for the pharmaceutical industry is overseen by the South African Health Products Regulatory Authority (SAHPRA). SAHPRA is responsible for the registration, regulation, and control of medicines, medical devices, & related products in South Africa.
Reasons to subscribe to South Africa compound management market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa compound management market databook
-
Our clientele includes a mix of compound management 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.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Africa compound management market , including forecasts for subscribers. This country databook contains high-level insights into South Africa compound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa compound management market size, by type, 2018-2030 (US$M)
South Africa Compound Management Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
