UAE Healthcare Bioconvergence Market Size & Outlook
UAE healthcare bioconvergence market, 2017-2030 (US$M)
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UAE healthcare bioconvergence market highlights
- The UAE healthcare bioconvergence market generated a revenue of USD 837.6 million in 2022 and is expected to reach USD 1,202.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
- In terms of segment, drug discovery was the largest revenue generating application in 2022.
- Regenerative Medicine is the most lucrative application segment registering the fastest growth during the forecast period.
Healthcare bioconvergence market data book summary
| Market revenue in 2022 | USD 837.6 million |
| Market revenue in 2030 | USD 1,202.8 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | Drug discovery |
| Fastest growing segment | Regenerative Medicine |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, Nanorobotics for Drug Delivery, Regenerative Medicine, Diagnostic and Biological, Bioelectronics, Engineered Living Materials, Optogenetics, Precision Medicine |
| Key market players worldwide | BiomX Inc, Ginkgo Bioworks Holdings Inc, SetPoint Medical, GSK PLC, BICO |
Other key industry trends
- In terms of revenue, UAE accounted for 0.7% of the global healthcare bioconvergence market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia healthcare bioconvergence market is projected to lead the regional market in terms of revenue in 2030.
- Israel is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,595.3 million by 2030.
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Healthcare Bioconvergence Market Scope
Healthcare Bioconvergence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE healthcare bioconvergence 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 healthcare bioconvergence market will help companies and investors design strategic landscapes.
Drug discovery was the largest segment with a revenue share of 17.96% in 2022. Horizon Databook has segmented the UAE healthcare bioconvergence market based on drug discovery, nanorobotics for drug delivery, regenerative medicine, diagnostic and biological, bioelectronics, engineered living materials, optogenetics, precision medicine covering the revenue growth of each sub-segment from 2017 to 2030.
- UAE Healthcare Bioconvergence Application Outlook (Revenue, USD Million, 2017-2030)
- Drug Discovery
- Nanorobotics for Drug Delivery
- Regenerative Medicine
- Diagnostic and Biological
- Bioelectronics
- Engineered Living Materials
- Optogenetics
- Precision Medicine
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Target buyers of UAE healthcare bioconvergence market databook
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Our clientele includes a mix of healthcare bioconvergence 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 healthcare bioconvergence market, including forecasts for subscribers. This country databook contains high-level insights into UAE healthcare bioconvergence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UAE healthcare bioconvergence market report size, by application, 2017-2030 (US$M)
UAE Healthcare Bioconvergence Market Share, 2022 & 2030 (US$M)
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