South Africa Nucleic Acid Isolation And Purification Market Size & Outlook
South Africa nucleic acid isolation and purification market, 2018-2028 (US$M)
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South Africa nucleic acid isolation and purification market highlights
- The South Africa nucleic acid isolation and purification market generated a revenue of USD 20.2 million in 2020 and is expected to reach USD 45.3 million by 2028.
- The South Africa market is expected to grow at a CAGR of 10.6% from 2021 to 2028.
- In terms of segment, kits & reagents was the largest revenue generating product in 2020.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Nucleic acid isolation and purification market data book summary
| Market revenue in 2020 | USD 20.2 million |
| Market revenue in 2028 | USD 45.3 million |
| Growth rate | 10.6% (CAGR from 2020 to 2028) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Instruments |
| Key market players worldwide | Qiagen NV, Thermo Fisher Scientific Inc, Illumina Inc, Danaher Corp, Roche Holding AG ADR, Merck KGaA, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Takara Bio Inc, Promega |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global nucleic acid isolation and purification market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa nucleic acid isolation and purification market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 45.3 million by 2028.
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Nucleic Acid Isolation And Purification Market Scope
Nucleic Acid Isolation And Purification Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa nucleic acid isolation and purification 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 nucleic acid isolation and purification market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 76.73% in 2020. Horizon Databook has segmented the South Africa nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
The South Africa market is expected to witness minimal growth as compared to other countries. Increasing demand for potential vaccines, developments in the associated life sciences fields, and increase in disease-oriented studies with untapped opportunities, are few factors expected to drive the segment growth. However, slow economic growth is anticipated to impede the market growth to some extent in the coming years.
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Target buyers of South Africa nucleic acid isolation and purification market databook
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Our clientele includes a mix of nucleic acid isolation and purification 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 South Africa nucleic acid isolation and purification market , including forecasts for subscribers. This country databook contains high-level insights into South Africa nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa nucleic acid isolation and purification market size, by product, 2018-2028 (US$M)
South Africa Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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