South Africa Epigenetics Market Size & Outlook, 2023-2030
South Africa epigenetics market, 2018-2030 (US$M)
Related Markets
South Africa epigenetics market highlights
- The South Africa epigenetics market generated a revenue of USD 93.8 million in 2023 and is expected to reach USD 187.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.4% 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 93.8 million |
| Market revenue in 2030 | USD 187.1 million |
| Growth rate | 10.4% (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, South Africa accounted for 0.6% 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 |
|---|
South Africa 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 32.84% in 2023. Horizon Databook has segmented the South Africa epigenetics market based on reagents, kits, instruments, enzymes, services covering the revenue growth of each sub-segment from 2018 to 2030.
Several genetic disorders, such as cystic fibrosis & sickle cell anemia, are prevalent in South Africa. Epigenetics-based gene editing offers the potential for treating and even curing these diseases. South Africa has one of the highest HIV prevalence rates globally. According to the Government of South Africa article, in 2022, South Africa had the highest number of HIV cases in the world.
Epigenetics-based diagnostics and therapeutic approaches hold immense potential for early detection and treatment. The South African government has undertaken several initiatives to promote R&D in biotechnology and genomics, including the South African National Bioinformatics Institute (SANBI) and the Human Genetics Research Unit (HGRU).
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Target buyers of South Africa 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 South Africa epigenetics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa epigenetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa epigenetics market size, by product, 2018-2030 (US$M)
South Africa Epigenetics Market Outlook Share, 2023 & 2030 (US$M)
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