Market revenue in 2023 | USD 13.8 million |
Market revenue in 2030 | USD 40.7 million |
Growth rate | 16.7% (CAGR from 2023 to 2030) |
Largest segment | Kits & reagents |
Fastest growing segment | Sequencing & Data Analytics Services |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 61.59% in 2023. Horizon Databook has segmented the UAE metagenomics market based on kits & reagents, sequencing & data analytics services, software 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. Similarly, in November 2022, the Illumina Solutions Center in Dubai offered its services to scientists, medical professionals, and officials from the Emirate.
To enhance and provide precision medicine to patients at scale, the new cutting-edge laboratory will increase genomics capabilities and develop local knowledge in the field. Illumina's most recent NGS and array technologies are situated in the over 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 growing application in environmental monitoring is further anticipated to boost the market growth. For instance, in July 2023, a team of researchers from around the world successfully conducted an extensive genomic analysis of Setaria, commonly known as foxtail millet—an essential cereal crop. Led by scientists from the Chinese Academy of Agricultural Sciences, the study, which also involved researchers from NYU and NYU Abu Dhabi, enhanced the knowledge of foxtail millet's domestication and evolution, shedding light on the genetic underpinnings of key agricultural characteristics.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE metagenomics market , including forecasts for subscribers. This country databook contains high-level insights into UAE metagenomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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