South Africa Std Diagnostics Market Size & Outlook
South Africa std diagnostics market, 2017-2030 (US$M)
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South Africa std diagnostics market highlights
- The South Africa std diagnostics market generated a revenue of USD 151.7 million in 2023 and is expected to reach USD 251.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, consumables (reagents and kits) was the largest revenue generating product in 2023.
- Consumables (Reagents and kits) is the most lucrative product segment registering the fastest growth during the forecast period.
Std diagnostics market data book summary
| Market revenue in 2023 | USD 151.7 million |
| Market revenue in 2030 | USD 251.0 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Consumables (reagents and kits) |
| Fastest growing segment | Consumables (Reagents and kits) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments & Services, Consumables (Reagents and kits), Softwares |
| Key market players worldwide | BD, Roche, Hologic Inc, Abbott Laboratories, Danaher Corp, Qiagen NV, OraSure Technologies Inc, Bio-Rad Laboratories Inc, BioMerieux SA, Thermo Fisher Scientific Inc, Seegene, Diasorin SpA |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.5% of the global std diagnostics 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 std diagnostics 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 124.4 million by 2030.
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STD Diagnostics Market Scope
STD Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa std diagnostics 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 std diagnostics market will help companies and investors design strategic landscapes.
Consumables (reagents and kits) was the largest segment with a revenue share of 69.87% in 2023. Horizon Databook has segmented the South Africa std diagnostics market based on instruments & services, consumables (reagents and kits), softwares covering the revenue growth of each sub-segment from 2017 to 2030.
HSV-2 infection is believed to be common in 40% to 70% of people in South Africa. Bacterial Vaginosis (BV) is the most common cause of irregular vaginal discharge in women of reproductive age, and it is associated with various gynecologic and obstetric complications, including Pelvic Inflammatory Disease (PID), premature birth, and upper genital tract infections.
Many multinational companies, such as F. Hoffmann-La Roche AG, are showing interest in South African market, forming joint ventures with local companies such as The Southern African Laboratory Diagnostics Association (SALDA), a body that represents laboratory medicine in the country, which distributes IVD tests.
As South Africa has one of the highest rates of HIV, HIV viral load testing is performed on a large scale under the National Priority Programme, established in 2010. This program supports around 16 regional-level laboratories for HIV viral load testing.
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Our clientele includes a mix of std diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa std diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa std diagnostics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa std diagnostics market size, by product, 2017-2030 (US$M)
South Africa STD Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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