UAE Epigenetics Market Size & Outlook, 2023-2030
UAE epigenetics market, 2018-2030 (US$M)
Related Markets
UAE epigenetics market highlights
- The UAE epigenetics market generated a revenue of USD 71.3 million in 2023 and is expected to reach USD 155.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 11.8% 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 71.3 million |
| Market revenue in 2030 | USD 155.9 million |
| Growth rate | 11.8% (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, UAE accounted for 0.5% 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 |
|---|
UAE 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 33.94% in 2023. Horizon Databook has segmented the UAE epigenetics market based on reagents, kits, instruments, enzymes, services covering the revenue growth of each sub-segment from 2018 to 2030.
The United Arab Emirates (UAE) government is investing in R&D across various fields, with a particular focus on healthcare and biotechnology. According to the Arab News article published in February 2022, the Hevolution Foundation in Saudi Arabia pledged USD 1 billion toward supporting biological research.
The government is also actively promoting personalized medicine initiatives to customize healthcare solutions for individual patients based on their genetic makeup. For instance, the Emirati Genome Program is working toward mapping the genetic background of the UAE population and creating personalized healthcare solutions.
Furthermore, several favorable strategic initiatives have been undertaken in the country. For instance, in April 2022, Viafet Genomics Laboratory collaborated with Euformatics to provide carrier screening and clinical diagnostics in the UAE.
Reasons to subscribe to UAE epigenetics market databook:
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Target buyers of UAE 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 UAE epigenetics market , including forecasts for subscribers. This country databook contains high-level insights into UAE epigenetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE epigenetics market size, by product, 2018-2030 (US$M)
UAE Epigenetics Market Outlook Share, 2023 & 2030 (US$M)
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