South Africa In Vitro Diagnostics Quality Control Market Size & Outlook
South Africa in vitro diagnostics quality control market, 2018-2030 (US$M)
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South Africa in vitro diagnostics quality control market highlights
- The South Africa in vitro diagnostics quality control market generated a revenue of USD 15.1 million in 2023 and is expected to reach USD 19.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, controls was the largest revenue generating product in 2023.
- Calibrators is the most lucrative product segment registering the fastest growth during the forecast period.
In vitro diagnostics quality control market data book summary
| Market revenue in 2023 | USD 15.1 million |
| Market revenue in 2030 | USD 19.8 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Controls |
| Fastest growing segment | Calibrators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Controls, Calibrators |
| Key market players worldwide | Siemens Healthineers AG ADR, Abbott Laboratories, Bio-Rad Laboratories Inc, Danaher Corp, Roche Holding AG ADR, Sysmex Corp, QuidelOrtho Corp, Thermo Fisher Scientific Inc, BD, Merck KGaA, Qiagen NV, Hologic Inc, Bio-Techne Corp, Randox, Helena Laboratories, Seracare Life Sciences, Fortress Diagnostics, Microbiologics, TRINA BIOREACTIVES, Cone Bioproducts, Biorex Food Diagnostics |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global in vitro diagnostics quality control market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa in vitro diagnostics quality control 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 13.7 million by 2030.
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In Vitro Diagnostics Quality Control Market Scope
In Vitro Diagnostics Quality Control Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa in vitro diagnostics quality control 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 vitro diagnostics quality control market will help companies and investors design strategic landscapes.
Controls was the largest segment with a revenue share of 48.34% in 2023. Horizon Databook has segmented the South Africa in vitro diagnostics quality control market based on controls, calibrators covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is one of the lucrative markets in the region, with a high incidence of communicable and non-communicable diseases. It is estimated that two-thirds of its annual mortality is due to non-communicable diseases such as cancer.
Technological developments have enabled the evolution of the healthcare industry in the region, which is driving the demand for clinical diagnostic tests and quality control products. Moreover, the government of South Africa has made improvements in its basic healthcare by providing free primary healthcare and diagnostic services to children & pregnant ladies.
The South African government has collaborated with the UN to improve healthcare measures for decreasing mortality rate and increasing life expectancy. Thus, creating a massive burden on public diagnostic laboratories and making quality control essential to ensure reliable test results.
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Target buyers of South Africa in vitro diagnostics quality control market databook
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Our clientele includes a mix of in vitro diagnostics quality control 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 South Africa in vitro diagnostics quality control market , including forecasts for subscribers. This country databook contains high-level insights into South Africa in vitro diagnostics quality control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa in vitro diagnostics quality control market size, by product, 2018-2030 (US$M)
South Africa In Vitro Diagnostics Quality Control Market Outlook Share, 2023 & 2030 (US$M)
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