Middle East & Africa Laboratory Informatics Market Size & Outlook
Middle East & Africa laboratory informatics market, 2018-2030 (US$M)
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MEA laboratory informatics market highlights
- The MEA laboratory informatics market generated a revenue of USD 111.6 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, laboratory information management systems (lims) was the largest revenue generating product in 2023.
- Laboratory Information Management Systems (LIMS) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 111.6 million |
| Market revenue in 2030 | USD 162.6 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Laboratory information management systems (lims) |
| Fastest growing segment | Laboratory Information Management Systems (LIMS) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES), Electronic Data Capture (EDC) & Clinical Data Management Systems (CDMS), Chromatography Data Systems (CDS), Enterprise Content Management (ECM) |
| Key market players worldwide | Thermo Fisher Scientific Inc, LabWare, PerkinElmer, LabVantage Solutions, Inc., LabLynx, Agilent Technologies Inc, McKesson Corp, Waters Corp, Abbott Laboratories |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.0% of the global laboratory informatics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,446.4 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Laboratory Informatics Market Scope
Laboratory Informatics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa laboratory informatics 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 laboratory informatics market will help companies and investors design strategic landscapes.
Laboratory information management systems (lims) was the largest segment with a revenue share of 52.87% in 2023. Horizon Databook has segmented the Middle East & Africa laboratory informatics market based on laboratory information management systems (lims), electronic lab notebooks (eln), scientific data management systems (sdms), laboratory execution systems (les), electronic data capture (edc) & clinical data management systems (cdms), chromatography data systems (cds), enterprise content management (ecm) covering the revenue growth of each sub-segment from 2018 to 2030.
Countries in the Middle East, such as Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman, are prospering economies. Advancements in healthcare systems are expected to boost adoption of lab informatics solutions in these countries.
On the contrary, some countries in the African region score low in healthcare IT readiness as they lack adequate infrastructure and face cost constraints. However, countries are undertaking initiatives in coordination with the WHO and other independent organizations to support the penetration of laboratory informatics services.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa laboratory informatics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa laboratory informatics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA laboratory informatics market size, by country, 2018-2030 (US$M)
Middle East & Africa Laboratory Informatics Market Outlook Share, 2023 & 2030 (US$M)
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