Saudi Arabia In Situ Hybridization Market Size & Outlook
Saudi Arabia in situ hybridization market, 2018-2030 (US$M)
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Saudi Arabia in situ hybridization market highlights
- The Saudi Arabia in situ hybridization market generated a revenue of USD 10.6 million in 2023 and is expected to reach USD 15.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, fish was the largest revenue generating technology in 2023.
- CISH is the most lucrative technology segment registering the fastest growth during the forecast period.
In situ hybridization market data book summary
| Market revenue in 2023 | USD 10.6 million |
| Market revenue in 2030 | USD 15.1 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Fish |
| Fastest growing segment | CISH |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | FISH, CISH |
| Key market players worldwide | Thermo Fisher Scientific Inc, Abbott Laboratories, Agilent Technologies Inc, Merck KGaA, Bio-Rad Laboratories Inc, Bio View Ltd, Revvity Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global in situ hybridization 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 in situ hybridization 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 11.4 million by 2030.
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In Situ Hybridization Market Scope
In Situ Hybridization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia in situ hybridization 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 situ hybridization market will help companies and investors design strategic landscapes.
Fish was the largest segment with a revenue share of 52.83% in 2023. Horizon Databook has segmented the Saudi Arabia in situ hybridization market based on fish, cish covering the revenue growth of each sub-segment from 2018 to 2030.
In Saudi Arabia, advancements in technology, rising investments in healthcare sector and increasing focus on cancer diagnosis are anticipated to fuel the market over the forecast period. As it is striving to transition from an oil-dependent economy to a knowledge-based economy, healthcare sector is expected to significantly grow, leading to an increase in the adoption of ISH technology.
In September 2021, the Saudi government partnered with AstraZeneca and Pfizer for establishment of R&D platforms to promote the growth of health sector.
In addition, in February 2022, the Bio Tech Startups Program was launched by Saudi Arabia's Ministry of Investment and Ministry of Industry, in partnership with several other biotechnology and investment companies, to promote the launch of new startups in biotechnology sector.
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Our clientele includes a mix of in situ hybridization 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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia in situ hybridization market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia in situ hybridization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia in situ hybridization market size, by technology, 2018-2030 (US$M)
Saudi Arabia In Situ Hybridization Market Outlook Share, 2023 & 2030 (US$M)
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