South Africa Multi Cancer Early Detection Market Size & Outlook
South Africa multi cancer early detection market, 2018-2030 (US$M)
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South Africa multi cancer early detection market highlights
- The South Africa multi cancer early detection market generated a revenue of USD 5.5 million in 2022 and is expected to reach USD 10.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.1% from 2023 to 2030.
- In terms of segment, gene panel, ldt & others was the largest revenue generating type in 2022.
- Gene Panel, LDT & Others is the most lucrative type segment registering the fastest growth during the forecast period.
Multi cancer early detection market data book summary
| Market revenue in 2022 | USD 5.5 million |
| Market revenue in 2030 | USD 10.2 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Gene panel, ldt & others |
| Fastest growing segment | Gene Panel, LDT & Others |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Panel, LDT & Others |
| Key market players worldwide | Illumina Inc, Exact Sciences Corp, Foundation Medicine, Guardant Health Inc, Burning Rock Biotech Ltd ADR, Freenome, AnchorDx, GeneCast, Elypta |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global multi cancer early detection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia multi cancer early detection market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.8 million by 2030.
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Multi Cancer Early Detection Market Scope
Multi Cancer Early Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa multi cancer early detection 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 multi cancer early detection market will help companies and investors design strategic landscapes.
Gene panel, ldt & others was the largest segment with a revenue share of 100% in 2022. Horizon Databook has segmented the South Africa multi cancer early detection market based on gene panel, ldt & others covering the revenue growth of each sub-segment from 2018 to 2030.
The South Africa MCED market is competitive owing to the local presence of multiple global players and domestic manufacturers. Some of the leading liquid biopsy providers in the country are Path Care, Axaitech, QIAGEN, and Guardant Health.
Moreover, the increasing demand for noninvasive diagnostic procedures owing to numerous advantages offered by them is another factor propelling market growth. In addition, the presence of a large number of profit and nonprofit organizations that promote awareness about cancer screening and diagnosis is expected to further support market expansion.
For instance, The Cancer Association of South Africa encourages women and men to undergo routine health checkups & cancer screening. Moreover, certain initiatives undertaken by leading participants are anticipated to fuel market expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa multi cancer early detection market , including forecasts for subscribers. This country databook contains high-level insights into South Africa multi cancer early detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa multi cancer early detection market size, by type, 2018-2030 (US$M)
South Africa Multi Cancer Early Detection Market Outlook Share, 2022 & 2030 (US$M)
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