Saudi Arabia Infectious Disease In Vitro Diagnostics Market Size & Outlook
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Saudi Arabia infectious disease in vitro diagnostics market highlights
- The Saudi Arabia infectious disease in vitro diagnostics market generated a revenue of USD 169.9 million in 2023 and is expected to reach USD 180.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 0.8% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Software Services is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious disease in vitro diagnostics market data book summary
| Market revenue in 2023 | USD 169.9 million |
| Market revenue in 2030 | USD 180.0 million |
| Growth rate | 0.8% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Software Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents, Software Services |
| Key market players worldwide | Qiagen NV, Becton Dickinson & Co, BioMerieux SA, Roche Holding AG ADR, Hologic Inc, Abbott Laboratories, QuidelOrtho Corp, Siemens Healthineers AG ADR, Bio-Rad Laboratories Inc, Danaher Corp, OraSure Technologies Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global infectious disease in vitro diagnostics 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 infectious disease in vitro diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 203.9 million by 2030.
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Infectious Disease In Vitro Diagnostics Market Scope
Infectious Disease In Vitro Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OraSure Technologies Inc | View profile | 638 | 220 East First Street, Bethlehem, PA, United States, 18015 | https://www.orasure.com |
| Hologic Inc | View profile | 6990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | http://www.hologic.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| QuidelOrtho Corp | View profile | 7100 | 9975 Summers Ridge Road, San Diego, CA, United States, 92121 | https://www.quidelortho.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| BioMerieux SA | View profile | 13982 | Marcy l’Etoile, Lyon, France, 69280 | http://www.biomerieux.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Roche Holding AG ADR | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
Saudi Arabia infectious disease in vitro diagnostics 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 infectious disease in vitro diagnostics market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 66.1% in 2024. Horizon Databook has segmented the Saudi Arabia infectious disease in vitro diagnostics market based on instruments, reagents, software services covering the revenue growth of each sub-segment from 2018 to 2030.
High unmet clinical needs, rise in disposable incomes, and increase in number of collaborative agreements with international organizations, such as WHO and United Nations, are creating opportunities for the growth of the IVD infectious disease market in Saudi Arabia.
Moreover, increase in incidence of infectious diseases is expected to drive market growth. For instance, according to the WHO, in 2017, prevalence of hepatitis B in people above 5 years of age was 2.24%, and estimated number of carriers were 636,000.
In addition, due to rising number of COVID-19 cases in the country, the government entered into USD 264 million deal for COVID-19 tests with China in April 2020. Mass testing for the detection of COVID-19 is expected fuel the growth of IVD infectious disease market in the country.
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Target buyers of Saudi Arabia infectious disease in vitro diagnostics market databook
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Our clientele includes a mix of infectious disease in vitro diagnostics 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 Saudi Arabia infectious disease in vitro diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia infectious disease in vitro diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia Product - Infectious Disease In Vitro Diagnostics Market, 2024 - 2030 (US$M)
Saudi Arabia Infectious Disease In Vitro Diagnostics Market Share, 2024 & 2030 (US$M)
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