Middle East & Africa Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook

The molecular biology enzymes, reagents and kits market in Middle East & Africa is expected to reach a projected revenue of US$ 639.1 million by 2030. A compound annual growth rate of 5.1% is expected of Middle East & Africa molecular biology enzymes, reagents and kits market from 2023 to 2030.

Revenue, 2022 (US$M)
$429.4
Forecast, 2030 (US$M)
$639.1
CAGR, 2023 - 2030
5.1%
Report Coverage
Middle East & Africa

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 2022USD 429.4 million
Market revenue in 2030USD 639.1 million
Growth rate5.1% (CAGR from 2022 to 2030)
Largest segmentKits & reagents
Fastest growing segmentEnzymes
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKits & Reagents, Enzymes
Key market players worldwideThermo 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.

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Molecular Biology Enzymes, Reagents And Kits Market Scope

Molecular biology enzymes, reagents and kits market segmentation & scope
Kits & Reagents
Enzymes
Cloning
Sequencing
PCR
Epigenetics
Restriction Digestion
Other Applications
Pharma & Biotech
Academic & Research
Hospital & Diagnostics
Others

Molecular Biology Enzymes, Reagents And Kits Market Companies

Name Profile # Employees HQ Website

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.


Furthermore, The Middle East Molecular Biology Congress & Exhibition is working toward increasing interaction biomedical engineers and biologists in the region further encouraging collaborations in the field of molecular biology. Such ongoing conferences are expected to favor the market growth in the region.

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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)

MEA molecular biology enzymes, reagents and kits market size, by country, 2018-2030 (US$M)

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