Saudi Arabia Microbial Identification Market Size & Outlook
Saudi Arabia microbial identification market, 2018-2030 (US$M)
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Saudi Arabia microbial identification market highlights
- The Saudi Arabia microbial identification market generated a revenue of USD 63.4 million in 2023 and is expected to reach USD 123.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, software & services was the largest revenue generating product & services in 2023.
- Consumables is the most lucrative product & services segment registering the fastest growth during the forecast period.
Microbial identification market data book summary
| Market revenue in 2023 | USD 63.4 million |
| Market revenue in 2030 | USD 123.7 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Software & services |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Software & Services |
| Key market players worldwide | BioMerieux SA, Becton Dickinson & Co, Bruker Corp, Danaher Corp, Qiagen NV, Charles River Laboratories International Inc, Limerston Capital, Avantor Inc, Shimadzu Corp, Merck KGaA, Eurofins Scientific SE |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.7% of the global microbial identification 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 microbial identification market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 123.7 million by 2030.
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Microbial Identification Market Scope
Microbial Identification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia microbial identification 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 microbial identification market will help companies and investors design strategic landscapes.
Software & services was the largest segment with a revenue share of 37.7% in 2023. Horizon Databook has segmented the Saudi Arabia microbial identification market based on instruments, consumables, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Saudi Arabia microbial identification market databook
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Our clientele includes a mix of microbial identification 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 Saudi Arabia microbial identification market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia microbial identification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia microbial identification market size, by product & services, 2018-2030 (US$M)
Saudi Arabia Microbial Identification Market Outlook Share, 2023 & 2030 (US$M)
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