Market revenue in 2023 | USD 303.0 million |
Market revenue in 2030 | USD 397.2 million |
Growth rate | 3.9% (CAGR from 2023 to 2030) |
Largest segment | Equipment |
Fastest growing segment | Disposables |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Equipment, Disposables |
Key market players worldwide | Agilent Technologies Inc, Bio-Rad Laboratories Inc, Bruker Corp, Danaher Corp, FUJIFILM Holdings Corp, PerkinElmer, Sartorius AG, Shimadzu Corp, Thermo Fisher Scientific Inc, Waters Corp |
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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 laboratory supplies market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 58.84% in 2023. Horizon Databook has segmented the UAE laboratory supplies market based on equipment, disposables covering the revenue growth of each sub-segment from 2018 to 2030.
According to the United Arab Emirates University, the UAE’s Vision 2021 includes a combination of research, teaching, professional development, policy analysis, and consultancy for health. It focuses on high-quality translational and applied research.
The country’s expenditure on R&D has increased from 0.5% in 2011 to 1.3% in 2018, indicating the growing consciousness of basic research, applied research, and experimental development in the country. These factors are anticipated to favor market growth over the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE laboratory supplies market , including forecasts for subscribers. This country databook contains high-level insights into UAE laboratory supplies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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