Middle East & Africa Spatial Genomics & Transcriptomics Market Size & Outlook
Middle East & Africa spatial genomics & transcriptomics market, 2018-2030 (US$M)
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MEA spatial genomics & transcriptomics market highlights
- The MEA spatial genomics & transcriptomics market generated a revenue of USD 6.3 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 6.3 million |
| Market revenue in 2030 | USD 9.5 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Software |
| Key market players worldwide | Natera Inc, 10x Genomics Inc Ordinary Shares - Class A, Dovetail Genomics, Illumina Inc, NanoString Technologies, Seven Bridges, Horizon Discovery, Bio-Techne Corp, S2 Genomics |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.0% of the global spatial genomics & transcriptomics 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 139.0 million by 2030.
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Spatial Genomics & Transcriptomics Market Scope
Spatial Genomics & Transcriptomics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa spatial genomics & transcriptomics 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 spatial genomics & transcriptomics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 53.97% in 2023. Horizon Databook has segmented the Middle East & Africa spatial genomics & transcriptomics market based on instruments, consumables, software covering the revenue growth of each sub-segment from 2018 to 2030.
Cancer is a major public health concern in MEA. High mortality associated with unavailability of resources, such as diagnostics, underdeveloped healthcare infrastructure, and lack of affordable treatment options makes MEA a preferred region for investments by large manufacturers. However, low adoption of genomic-based techniques is anticipated to impede the market growth to some extent in the region.
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Target buyers of Middle East & Africa spatial genomics & transcriptomics market databook
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Our clientele includes a mix of spatial genomics & transcriptomics 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 continent-level data and insights on the Middle East & Africa spatial genomics & transcriptomics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa spatial genomics & transcriptomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA spatial genomics & transcriptomics market size, by country, 2018-2030 (US$M)
Middle East & Africa Spatial Genomics & Transcriptomics Market Outlook Share, 2023 & 2030 (US$M)
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