Middle East & Africa Qpcr Instruments Market Size & Outlook
Middle East & Africa qpcr instruments market, 2018-2030 (US$M)
MEA qpcr instruments market highlights
- The MEA qpcr instruments market generated a revenue of USD 41.1 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, 7500 was the largest revenue generating test type in 2023.
- 7500 is the most lucrative test type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 41.1 million |
| Market revenue in 2030 | USD 69.2 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | 7500 |
| Fastest growing segment | 7500 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 7500 |
| Key market players worldwide | Thermo Fisher Scientific Inc, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Danaher Corp, Qiagen NV, Agilent Technologies Inc, Abbott Laboratories, BioMerieux SA, Azure Biosystems, Bio Molecular Systems |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.0% of the global qpcr instruments market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 389.7 million by 2030.
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QPCR Instruments Market Scope
QPCR Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa qpcr instruments 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 qpcr instruments market will help companies and investors design strategic landscapes.
7500 was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa qpcr instruments market based on 7500 covering the revenue growth of each sub-segment from 2018 to 2030.
Growing demand for effective and cost-efficient novel technologies is one of the major factors driving the qPCR instruments market in the MEA. The rate of diagnosis of cancer is low in the region. Delay in treatment and diagnosis can lead to lower survival rates.
This creates an unmet need for affordable and novel treatments & predictive analytical tools, such as qPCR, in the region, which is expected to fuel the market. Growing interest in gene therapy companies, owing to increasing use of novel therapies in the region, is projected to accelerate the market.
For instance, in January 2021, Orchard Therapeutics announced a collaboration with GEN and GenPharm Services for improving its reach in the Middle Eastern market. Medical tourism is also fueling the demand for novel therapies and biologics in the region.
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Our clientele includes a mix of qpcr instruments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa qpcr instruments market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa qpcr instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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