South Africa Optical Genome Mapping Market Size & Outlook
The optical genome mapping market in South Africa is expected to reach a projected revenue of US$ 2.9 million by 2030. A compound annual growth rate of 16.6% is expected of South Africa optical genome mapping market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.0
Forecast, 2030 (US$M)
$2.9
CAGR, 2024 - 2030
16.4%
Report Coverage
South Africa
South Africa optical genome mapping market, 2018-2030 (US$M)
Related Markets
South Africa optical genome mapping market highlights
- The South Africa optical genome mapping market generated a revenue of USD 1.0 million in 2023 and is expected to reach USD 2.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product & service in 2023.
- Software is the most lucrative product & service segment registering the fastest growth during the forecast period.
Optical genome mapping market data book summary
| Market revenue in 2023 | USD 1.0 million |
| Market revenue in 2030 | USD 2.9 million |
| Growth rate | 16.6% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables and Reagents, Software, Services |
| Key market players worldwide | Bionano Genomics Inc, Praxis Genomics, MedGenome, INRAE, PerkinElmer, Genohub, Source BioScience |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global optical genome mapping 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 optical genome mapping 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 2.9 million by 2030.
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Optical Genome Mapping Market Scope
Optical genome mapping market segmentation & scope
Optical Genome Mapping Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa optical genome mapping market report size, by product & service, 2018-2030 (US$M)
South Africa Optical Genome Mapping Market Share, 2023 & 2030 (US$M)
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