South Africa Infectious Respiratory Disease Diagnostics Market Size & Outlook
South Africa infectious respiratory disease diagnostics market, 2018-2030 (US$M)
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South Africa infectious respiratory disease diagnostics market highlights
- The South Africa infectious respiratory disease diagnostics market generated a revenue of USD 95.7 million in 2020 and is expected to reach USD 132.3 million by 2028.
- The South Africa market is expected to grow at a CAGR of 4.1% from 2021 to 2028.
- In terms of segment, consumables was the largest revenue generating product in 2020.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Infectious respiratory disease diagnostics market data book summary
| Market revenue in 2020 | USD 95.7 million |
| Market revenue in 2028 | USD 132.3 million |
| Growth rate | 4.1% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.3% of the global infectious respiratory disease 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 respiratory disease 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 132.3 million by 2028.
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Infectious Respiratory Disease Diagnostics Market Scope
Infectious Respiratory Disease Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa infectious respiratory disease 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 respiratory disease diagnostics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 59.46% in 2024. Horizon Databook has segmented the South Africa infectious respiratory disease diagnostics market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.
Several multinational companies, such as F. Hoffmann-La Roche Ltd., focus 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 IVD tests in the country. These aforementioned factors are expected drive the growth of the infectious respiratory disease diagnostics market in South Africa during the forecast period.
Moreover, increase in disease burden of tuberculosis coupled with COVID-19 contributes to market growth. According to WHO Global Tuberculosis Report 2020, around 360,000 new cases of tuberculosis were reported in 2019 with an increase of 20% cases compared to 2018.
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Our clientele includes a mix of infectious respiratory disease diagnostics market companies, investment firms, advisory firms & academic institutions.
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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 respiratory disease diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa infectious respiratory disease diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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