Middle East & Africa In Silico Clinical Trials Market Size & Outlook
Middle East & Africa in silico clinical trials market, 2018-2030 (US$M)
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MEA in silico clinical trials market highlights
- The MEA in silico clinical trials market generated a revenue of USD 177.9 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, medical devices was the largest revenue generating industry in 2023.
- Industry is the most lucrative industry segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 177.9 million |
| Market revenue in 2030 | USD 268.9 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Industry |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Industry |
| Key market players worldwide | Certara Inc Ordinary Shares, Dassault Systemes SE, Immunetrics, Novadiscovery, Insilico Medicine, Aitia, The AnyLogic Company, InSilicoTrials, Abzena |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global in silico clinical trials market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 800.0 million by 2030.
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In Silico Clinical Trials Market Scope
In Silico Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa in silico clinical trials 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 in silico clinical trials market will help companies and investors design strategic landscapes.
Medical devices was the largest segment with a revenue share of 57.73% in 2023. Horizon Databook has segmented the Middle East & Africa in silico clinical trials market based on medical devices, industry covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa In Silico Clinical Trials Industry Outlook (Revenue, USD Million, 2018-2030)
- Medical Devices
- Industry
- Middle East & Africa In Silico Clinical Trials Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Infectious Disease
- Hematology
- Cardiology
- Dermatology
- Neurology
- Diabetes
- Others
- Middle East & Africa In Silico Clinical Trials Phase Outlook (Revenue, USD Million, 2018-2030)
- Phase I
- Phase II
- Phase III
- Phase IV
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Target buyers of Middle East & Africa in silico clinical trials market databook
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Our clientele includes a mix of in silico clinical trials 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 continent-level data and insights on the Middle East & Africa in silico clinical trials market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa in silico clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA in silico clinical trials market size, by country, 2018-2030 (US$M)
Middle East & Africa In Silico Clinical Trials Market Share, 2023 & 2030 (US$M)
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