South Africa Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook
South Africa molecular biology enzymes, reagents and kits market, 2018-2030 (US$M)
Related Markets
South Africa molecular biology enzymes, reagents and kits market highlights
- The South Africa molecular biology enzymes, reagents and kits market generated a revenue of USD 93.3 million in 2022 and is expected to reach USD 136.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.9% 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.
Molecular biology enzymes, reagents and kits market data book summary
| Market revenue in 2022 | USD 93.3 million |
| Market revenue in 2030 | USD 136.5 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Enzymes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, South Africa accounted for 0.4% of the global molecular biology enzymes, reagents and kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa molecular biology enzymes, reagents and kits market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 136.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Molecular Biology Enzymes, Reagents And Kits Market Scope
Molecular Biology Enzymes, Reagents And Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South 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 67.2% in 2022. Horizon Databook has segmented the South 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.
In South Africa, microbiology laboratories are shifting toward the implementation of molecular biology techniques for the diagnosis of pathogens causing infectious diseases and identification of genotypic characterization of these organisms.
This is anticipated to contribute to revenue generation by increasing the use of molecular biology enzymes, kits, and reagents in the country. Moreover, in July 2018, the first high-throughput genomics sequencing center was launched in South Africa.
This was launched by the South African Medical Research Council (SAMRC). This center offered access to technologically advanced facilities, further increasing local capacity in sequencing technology. In addition, Human Whole Genome Sequencing project was conducted in South Africa. This study was published in June 2020.
Reasons to subscribe to South Africa molecular biology enzymes, reagents and kits market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa molecular biology enzymes, reagents and kits market databook
-
Our clientele includes a mix of molecular biology enzymes, reagents and kits market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Africa molecular biology enzymes, reagents and kits market , including forecasts for subscribers. This country databook contains high-level insights into South Africa molecular biology enzymes, reagents and kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa molecular biology enzymes, reagents and kits market size, by product, 2018-2030 (US$M)
South Africa Molecular Biology Enzymes, Reagents And Kits Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
