UAE In Vitro Diagnostics Quality Control Market Size & Outlook
UAE in vitro diagnostics quality control market, 2018-2030 (US$M)
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UAE in vitro diagnostics quality control market highlights
- The UAE in vitro diagnostics quality control market generated a revenue of USD 9.9 million in 2023 and is expected to reach USD 13.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.7% 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 9.9 million |
| Market revenue in 2030 | USD 13.7 million |
| Growth rate | 4.7% (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, UAE accounted for 0.8% 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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UAE 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 48.48% in 2023. Horizon Databook has segmented the UAE in vitro diagnostics quality control market based on controls, calibrators covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing epidemiology of chronic diseases is one of the major factors governing the overall market growth rate. Major government healthcare investments are likely to fuel the market over the forecast period.
For instance, according to the International Trade Administration, the UAE government approved around USD 15.8 billion for public spending, out of which 8.4% was dedicated to healthcare spending in 2022.
Increasing healthcare expenditure is expected to boost diagnostic & treatment services along with an increase in the demand for the quality control of laboratories and IVD tests. The UAE has also seen a rise in the number of internal and external quality control tests conducted by the government to verify laboratory competency levels for COVID-19.
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Target buyers of UAE 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 UAE in vitro diagnostics quality control market , including forecasts for subscribers. This country databook contains high-level insights into UAE in vitro diagnostics quality control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE in vitro diagnostics quality control market size, by product, 2018-2030 (US$M)
UAE In Vitro Diagnostics Quality Control Market Outlook Share, 2023 & 2030 (US$M)
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