UAE Liquid Biopsy Market Size & Outlook, 2023-2030
UAE liquid biopsy market, 2018-2030 (US$M)
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UAE liquid biopsy market highlights
- The UAE liquid biopsy market generated a revenue of USD 14.6 million in 2023 and is expected to reach USD 28.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, blood sample was the largest revenue generating type in 2023.
- Blood Sample is the most lucrative type segment registering the fastest growth during the forecast period.
Liquid biopsy market data book summary
| Market revenue in 2023 | USD 14.6 million |
| Market revenue in 2030 | USD 28.7 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Blood sample |
| Fastest growing segment | Blood Sample |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Sample |
| Key market players worldwide | ANGLE PLC, Guardant Health Inc, Myriad Genetics Inc, Biocept Inc, Lucence Health, Roche, Qiagen NV, Illumina Inc, Thermo Fisher Scientific Inc, Epigenomics AG, Oncimmune, Freenome |
Other key industry trends
- In terms of revenue, UAE accounted for 0.1% of the global liquid biopsy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia liquid biopsy market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 28.7 million by 2030.
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Liquid Biopsy Market Scope
Liquid Biopsy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE liquid biopsy 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 liquid biopsy market will help companies and investors design strategic landscapes.
Blood sample was the largest segment with a revenue share of 73.29% in 2023. Horizon Databook has segmented the UAE liquid biopsy market based on blood sample covering the revenue growth of each sub-segment from 2018 to 2030.
Several strategic initiatives have been undertaken in the country. In April 2022, Viafet Genomics Laboratory collaborated with Euformatics to provide carrier screening and clinical diagnostics in the UAE.
Illumina's recent NGS and array technologies are over the 9,100- square-foot solutions center. Numerous clinical applications, including oncology, genetic disease testing, noninvasive prenatal testing, and quick diagnostic testing, can be performed with the equipment.
Moreover, the UAE is one of the leading contributors to the cancer burden in the MEA. According to UAE National Cancer Registry, in 2019, the country reported over 4,633 new cancer cases, of which 4,381 were malignant and 252 were in situ.
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Target buyers of UAE liquid biopsy market databook
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Our clientele includes a mix of liquid biopsy 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE liquid biopsy market , including forecasts for subscribers. This country databook contains high-level insights into UAE liquid biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE liquid biopsy market size, by type, 2018-2030 (US$M)
UAE Liquid Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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