Saudi Arabia Epigenetics Market Size & Outlook, 2023-2030
Saudi Arabia epigenetics market, 2018-2030 (US$M)
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Saudi Arabia epigenetics market highlights
- The Saudi Arabia epigenetics market generated a revenue of USD 106.6 million in 2023 and is expected to reach USD 205.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Epigenetics market data book summary
| Market revenue in 2023 | USD 106.6 million |
| Market revenue in 2030 | USD 205.8 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents, Kits, Instruments, Enzymes, Services |
| Key market players worldwide | Roche Holding AG, Thermo Fisher Scientific Inc, Eisai Co Ltd, Novartis AG ADR, Element Biosciences, Dovetail Genomics, Illumina Inc, Promega, Abcam PLC |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global epigenetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia epigenetics 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 155.9 million by 2030.
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Epigenetics Market Scope
Epigenetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia epigenetics 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 epigenetics market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 33.4% in 2023. Horizon Databook has segmented the Saudi Arabia epigenetics market based on reagents, kits, instruments, enzymes, services covering the revenue growth of each sub-segment from 2018 to 2030.
Researchers are exploring the possibility of using epigenetics to correct the Cystic Fibrosis Transmembrane Conductance Regulator (CFTR) gene mutation responsible for cystic fibrosis in Saudi Arabia. This is expected to improve the lives of patients with this debilitating disease significantly.
Saudi Arabia has a high prevalence of sickle cell anemia. In addition, epigenetics can potentially edit the Hemoglobin Subunit Beta (HBB) gene mutation, producing healthy red blood cells and improving the quality of life for patients.
According to the International Journal of Advanced Research article published in June 2023, in Saudi Arabia, the sickle-cell mutation affects 4.45% of the population, with a mortality rate of 0.73%. Saudi Arabia has a high burden of genetic diseases, primarily due to consanguinity. The number of cancer cases and deaths has increased in recent years in the country.
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Target buyers of Saudi Arabia epigenetics market databook
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Our clientele includes a mix of epigenetics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 Saudi Arabia epigenetics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia epigenetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia epigenetics market size, by product, 2018-2030 (US$M)
Saudi Arabia Epigenetics Market Outlook Share, 2023 & 2030 (US$M)
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