South Africa Infectious Disease Molecular Diagnostics Market Size & Outlook
South Africa infectious disease molecular diagnostics market, 2018-2028 (US$M)
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South Africa infectious disease molecular diagnostics market highlights
- The South Africa infectious disease molecular diagnostics market generated a revenue of USD 149.3 million in 2020 and is expected to reach USD 214.2 million by 2028.
- The South Africa market is expected to grow at a CAGR of 4.6% from 2021 to 2028.
- In terms of segment, reagents was the largest revenue generating product in 2020.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious disease molecular diagnostics market data book summary
| Market revenue in 2020 | USD 149.3 million |
| Market revenue in 2028 | USD 214.2 million |
| Growth rate | 4.6% (CAGR from 2020 to 2028) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents |
| Key market players worldwide | Abbott Laboratories, Danaher Corp, BioMerieux SA, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Agilent Technologies Inc, Becton Dickinson & Co, Hologic Inc, Illumina Inc, Grifols SA Ordinary Shares - Class A, Qiagen NV, Siemens Healthineers AG ADR, Sysmex Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global infectious disease molecular diagnostics market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, UAE infectious disease molecular diagnostics market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 214.2 million by 2028.
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Infectious Disease Molecular Diagnostics Market Scope
Infectious Disease Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa infectious disease molecular 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 molecular diagnostics market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 64.84% in 2020. Horizon Databook has segmented the South Africa infectious disease molecular diagnostics market based on instruments, reagents covering the revenue growth of each sub-segment from 2018 to 2028.
The government of South Africa has made improvements in the country’s basic healthcare systems by providing free primary healthcare & diagnostic services to children & pregnant ladies. The South African government has also collaborated with the United Nations Organization to improve healthcare measures, thereby decreasing mortality rate and increasing life expectancy.
Several multinational companies, such as F. Hoffmann-La Roche Ltd., are focused on expanding their presence in the South African market by forming joint ventures with local companies, such as the Southern African Laboratory Diagnostics Association (SALDA).
SALDA represents laboratory medicine in Southern Africa and distributes molecular diagnostic tests in the country. These aforementioned factors are expected drive growth of the infectious diseases molecular diagnostics market in South Africa during the forecast period.
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Our clientele includes a mix of infectious disease molecular 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa infectious disease molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa infectious disease molecular diagnostics market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa infectious disease molecular diagnostics market size, by product, 2018-2028 (US$M)
South Africa Infectious Disease Molecular Diagnostics Market Outlook Share, 2020 & 2028 (US$M)
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