South Africa Nucleic Acid Therapeutics Cdmo Market Size & Outlook
South Africa nucleic acid therapeutics cdmo market, 2018-2030 (US$M)
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South Africa nucleic acid therapeutics cdmo market highlights
- The South Africa nucleic acid therapeutics cdmo market generated a revenue of USD 258.7 million in 2023 and is expected to reach USD 556.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, rna-based therapies was the largest revenue generating type in 2023.
- Gene Therapy is the most lucrative type segment registering the fastest growth during the forecast period.
Nucleic acid therapeutics cdmo market data book summary
| Market revenue in 2023 | USD 258.7 million |
| Market revenue in 2030 | USD 556.1 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Rna-based therapies |
| Fastest growing segment | Gene Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Therapy, RNA-based Therapies |
| Key market players worldwide | Catalent Inc, Thermo Fisher Scientific Inc, Lonza Group Ltd, FUJIFILM Holdings Corp, Charles River Laboratories International Inc, Eurofins Scientific SE, PerkinElmer, Oxford Biomedical Research, Danaher Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.9% of the global nucleic acid therapeutics cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa nucleic acid therapeutics cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 352.7 million by 2030.
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Nucleic Acid Therapeutics CDMO Market Scope
Nucleic Acid Therapeutics CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa nucleic acid therapeutics cdmo 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 therapeutics cdmo market will help companies and investors design strategic landscapes.
Rna-based therapies was the largest segment with a revenue share of 65.64% in 2023. Horizon Databook has segmented the South Africa nucleic acid therapeutics cdmo market based on gene therapy, rna-based therapies covering the revenue growth of each sub-segment from 2018 to 2030.
The market for nucleic acid therapeutics CDMO in South Africa is driven by the growing demand for nucleic acid therapeutics to treat various chronic & genetic disorders, approval of products, and expansion of CDMO manufacturing sites.
In addition, the country is the largest market for pharmaceuticals in the sub-Saharan African region and has one of the most developed infrastructure facilities with the presence of a significant number of life sciences companies.
This collaboration allows the exchange of scientific expertise, which further supports Afrigen’s global important research and vaccine discovery efforts. Thus, growing collaborations in nucleic acid therapeutics CDMO market in the country are expected to boost growth.
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Our clientele includes a mix of nucleic acid therapeutics cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa nucleic acid therapeutics cdmo market , including forecasts for subscribers. This country databook contains high-level insights into South Africa nucleic acid therapeutics cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa nucleic acid therapeutics cdmo market size, by type, 2018-2030 (US$M)
South Africa Nucleic Acid Therapeutics CDMO Market Outlook Share, 2023 & 2030 (US$M)
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