Middle East & Africa Spatial Omics Market Size & Outlook
Middle East & Africa spatial omics market, 2018-2030 (US$M)
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MEA spatial omics market highlights
- The MEA spatial omics market generated a revenue of USD 9.6 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables 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 9.6 million |
| Market revenue in 2030 | USD 13.4 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| 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 | 10x Genomics Inc Ordinary Shares - Class A, Dovetail Genomics, S2 Genomics, NanoString Technologies, Seven Bridges, PerkinElmer, Bio-Techne Corp, Danaher Corp, Standard BioTools Inc, Hologic Inc, Bruker Corp, Rebus Biosystems |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.6% of the global spatial omics 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 129.8 million by 2030.
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Spatial OMICS Market Scope
Spatial OMICS Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa spatial omics 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 omics market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 52.08% in 2023. Horizon Databook has segmented the Middle East & Africa spatial omics 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 the unavailability of resources, such as diagnostics, underdeveloped healthcare infrastructure, and lack of affordable treatment options make MEA a preferred region for investments by large manufacturers.
However, a limited number of institutes having advanced sequencing facilities is hampering market growth in the region.
Only a few institutes such as Bioinformatics Platform & Biosciences Eastern and Central Africa Hub Genomics have second-generation and capillary sequencing facilities that will enable East African researchers to conduct genotyping activities and sequencing for genomes & metagenomes.
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Target buyers of Middle East & Africa spatial omics market databook
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Our clientele includes a mix of spatial omics 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 omics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa spatial omics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA spatial omics market size, by country, 2018-2030 (US$M)
Middle East & Africa Spatial OMICS Market Outlook Share, 2023 & 2030 (US$M)
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