South Africa Single Cell Analysis Market Size & Outlook
South Africa single cell analysis market, 2018-2030 (US$M)
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South Africa single cell analysis market highlights
- The South Africa single cell analysis market generated a revenue of USD 35.8 million in 2022 and is expected to reach USD 124.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 16.9% from 2023 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2022.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Single cell analysis market data book summary
| Market revenue in 2022 | USD 35.8 million |
| Market revenue in 2030 | USD 124.8 million |
| Growth rate | 16.9% (CAGR from 2022 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments |
| Key market players worldwide | Thermo Fisher Scientific Inc, Qiagen NV, Bio-Rad Laboratories Inc, Illumina Inc, Merck KGaA, Becton Dickinson & Co, Standard BioTools Inc, 10x Genomics Inc Ordinary Shares - Class A, BGI Group, Novogene |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global single cell analysis market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa single cell analysis 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 117.4 million by 2030.
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Single Cell Analysis Market Scope
Single Cell Analysis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa single cell analysis 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 single cell analysis market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 55.03% in 2022. Horizon Databook has segmented the South Africa single cell analysis market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
One out of every four people in South Africa is affected by cancer. The rise in the prevalence of cancer in South Africa has led to an increase in the need for advanced genomics techniques for the detection of cancer. This increased need for rapid diagnosis has led to the growth of the single-cell analysis market.
According to The Lancet, South Africa will witness about a 78% increase in cancer cases by 2030. In addition, there will be more investments in innovations that aim to address healthcare problems in the country. South Africa has been ranked 50th on the World Cancer Research Fund's list of countries with the highest cases of cancer.
It has led to the growth of the single-cell analysis market as it is used in biomedical research. In addition, there are organizations, such as the Well come Trust Africa, which initiated the Centre Genomics Program and is working toward the development of better NGS analysis and data storage for biomedical health research conducted in the region.
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Our clientele includes a mix of single cell analysis 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 single cell analysis market , including forecasts for subscribers. This country databook contains high-level insights into South Africa single cell analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa single cell analysis market size, by product, 2018-2030 (US$M)
South Africa Single Cell Analysis Market Outlook Share, 2022 & 2030 (US$M)
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