Market revenue in 2023 | USD 31.8 million |
Market revenue in 2030 | USD 48.2 million |
Growth rate | 6.1% (CAGR from 2023 to 2030) |
Largest segment | Instruments |
Fastest growing segment | Software |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Instruments, Reagents & Consumables, Software, Accessories, Services |
Key market players worldwide | Danaher Corp, BD, Sysmex Corp, Agilent Technologies, Apogee Enterprises Inc, Bio-Rad Laboratories Inc Class A, Thermo Fisher Scientific Inc, Wipro Ltd ADR, Diasorin SpA, Miltenyi Biotec, Sony Group Corp |
Instruments was the largest segment with a revenue share of 34.28% in 2023. Horizon Databook has segmented the UAE flow cytometry market based on instruments, reagents & consumables, software, accessories, services covering the revenue growth of each sub-segment from 2018 to 2030.
Several initiatives being undertaken by various organizations to boost biotechnology and biopharmaceutical sectors in the country are anticipated to support the market growth in the UAE. The Dubai Biotechnology and Research Park (DuBiotech) is a science & business park devoted to the biotechnology sector.
DuBiotech accommodates the biotechnology industry and facilitates government-funded R&D. DuBiotech’s infrastructure includes R&D labs and biotech-related educational & research institutions. Furthermore, increasing R&D activities in hematology and oncology in the country are anticipated to drive the demand for flow cytometry products in the UAE.
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