Market revenue in 2020 | USD 127.3 million |
Market revenue in 2028 | USD 156.6 million |
Growth rate | 2.6% (CAGR from 2020 to 2028) |
Largest segment | Consumables |
Fastest growing segment | Consumables |
Historical data | 2016 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Instruments, Consumables, Services |
Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Koninklijke Philips NV, BD, BioMerieux SA, Bio-Rad Laboratories Inc, QuidelOrtho Corp, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV, Roche |
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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 respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 61.43% in 2024. Horizon Databook has segmented the Saudi Arabia infectious respiratory disease diagnostics market based on instruments, consumables, 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 growth of the market in Saudi Arabia.
The need for better diagnosis and improved treatment options due to increasing incidence of infectious diseases are gaining importance in the country. For instance, according to Ministry of Health report, around 1,897 new cases of pulmonary tuberculosis were confirmed in Saudi Arabia in 2020, with a rate of 5.42 cases per 100,000 of the population.
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 infectious respiratory disease diagnostics market in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia infectious respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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