Middle East & Africa Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook
Middle East & Africa molecular biology enzymes, reagents and kits market, 2018-2030 (US$M)
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MEA molecular biology enzymes, reagents and kits market highlights
- The MEA molecular biology enzymes, reagents and kits market generated a revenue of USD 429.4 million in 2022.
- The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, kits & reagents was the largest revenue generating product in 2022.
- Enzymes is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 429.4 million |
| Market revenue in 2030 | USD 639.1 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Enzymes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Enzymes |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Agilent Technologies Inc, Qiagen NV, New England Biolabs, Merck KGaA, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Takara Bio Inc, LGC Group, Bausch Health Companies Inc, Promega |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.1% of the global molecular biology enzymes, reagents and kits market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,934.9 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Molecular Biology Enzymes, Reagents And Kits Market Scope
Molecular Biology Enzymes, Reagents And Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa molecular biology enzymes, reagents and kits 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 molecular biology enzymes, reagents and kits market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 67.21% in 2022. Horizon Databook has segmented the Middle East & Africa molecular biology enzymes, reagents and kits market based on kits & reagents, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East Africa region has witnessed slow growth in molecular biology enzymes, kits, and reagents market. However, several institutes in the region are engaged in conducting research related to genomics.
For instance, in April 2020, The Society of Genetic Engineers in Jordan conducted a genetic makeup study of Arabs concluding that their lungs are genetically superior, thus they are less likely to contract coronavirus.
In addition, researchers from Khalifa University of Science and Technology launched the National Arab Genome project in UAE in February 2018 to better understand the Arab genome by using NGS technology. Such research studies are expected to boost the market growth in the region.
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Our clientele includes a mix of molecular biology enzymes, reagents and kits market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa molecular biology enzymes, reagents and kits market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa molecular biology enzymes, reagents and kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA molecular biology enzymes, reagents and kits market size, by country, 2018-2030 (US$M)
Middle East & Africa Molecular Biology Enzymes, Reagents And Kits Market Outlook Share, 2022 & 2030 (US$M)
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