South Africa Transfection Reagents & Equipment Market Size & Outlook
South Africa transfection reagents & equipment market, 2016-2028 (US$M)
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South Africa transfection reagents & equipment market highlights
- The South Africa transfection reagents & equipment market generated a revenue of USD 10.2 million in 2020 and is expected to reach USD 20.8 million by 2028.
- The South Africa market is expected to grow at a CAGR of 9.3% from 2021 to 2028.
- In terms of segment, reagents was the largest revenue generating product in 2020.
- Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
Transfection reagents & equipment market data book summary
| Market revenue in 2020 | USD 10.2 million |
| Market revenue in 2028 | USD 20.8 million |
| Growth rate | 9.3% (CAGR from 2020 to 2028) |
| Largest segment | Reagents |
| Fastest growing segment | Equipment |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents, Equipment |
| Key market players worldwide | Thermo Fisher Scientific Inc, Lonza Group Ltd, Qiagen NV, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Merck KGaA, Origin Enterprises PLC, MaxCyte Inc, PromoCell GmbH, Promega, Polyplus-transfection, Horizon Discovery |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global transfection reagents & equipment market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa transfection reagents & equipment market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.8 million by 2028.
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Transfection Reagents & Equipment Market Scope
Transfection Reagents & Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa transfection reagents & equipment 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 transfection reagents & equipment market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 50.98% in 2020. Horizon Databook has segmented the South Africa transfection reagents & equipment market based on reagents, equipment covering the revenue growth of each sub-segment from 2016 to 2028.
Increasing number of stem cell research activities carried out in South Africa, especially for the production of biological medicine, is one of the key trends that can benefit the market. Stem cell research targeted toward manufacturing of biological medicine largely incorporates transfection technologies.
This is expected to increase the adoption of transfection reagents and equipment across South Africa, subsequently influencing market growth in the coming years. However, ambiguous regulations and policies may hinder revenue growth over the forecast period.
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Target buyers of South Africa transfection reagents & equipment market databook
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Our clientele includes a mix of transfection reagents & equipment 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 transfection reagents & equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa transfection reagents & equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa transfection reagents & equipment market size, by product, 2016-2028 (US$M)
South Africa Transfection Reagents & Equipment Market Outlook Share, 2020 & 2028 (US$M)
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