Market revenue in 2023 | USD 83.2 million |
Market revenue in 2030 | USD 204.4 million |
Growth rate | 13.7% (CAGR from 2023 to 2030) |
Largest segment | Kits & reagents |
Fastest growing segment | Sequencing & Data Analytics Services |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Kits & Reagents, Sequencing & Data Analytics Services, Software |
Key market players worldwide | Bio-Rad Laboratories Inc, Illumina Inc, PerkinElmer, Thermo Fisher Scientific Inc, Novogene, Promega, Qiagen NV, Takara Bio Inc, Oxford Nanopore Technologies PLC, Roche Holding AG |
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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 metagenomics market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 61.42% in 2023. Horizon Databook has segmented the Middle East & Africa metagenomics market based on kits & reagents, sequencing & data analytics services, software covering the revenue growth of each sub-segment from 2018 to 2030.
NGS applications are still at a nascent stage in South Africa. However, key local players, including service provider companies such as Inqaba Biotech, provide sequencing platform services for genome sequencing, exome sequencing, and other NGS applications. There are bioinformatics and genetic sequencing institutions, such as The South African National Bioinformatics Institute (SANBI) within the University of Western Cape and The Next Generation Sequencing Facility (NGSF). Such institutions also have laboratories with NGS capabilities for research and academics.
The presence of several service providers, CROs, and distribution networks of international players offering sequencing platforms & services for genome sequencing, exome sequencing, and others drives regional growth. In October 2023, the potential release of hazardous new pathogens amid global warming concerns underscores the importance of metagenomic early warning tools for pandemic prevention.
The rapid and simultaneous detection of known and unknown pathogens within a genetic sample—facilitated by metagenomics-based shotgun NGS technology—enhances the capability to inform timely public health responses. Unfortunately, the lack of policies supporting cost-effective scale-up and integration with traditional epidemiologic surveillance systems poses a barrier to the widespread adoption of this crucial technology for early detection of biological threats.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa metagenomics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa metagenomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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