Middle East & Africa Veterinary Molecular Diagnostics Market Size & Outlook
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MEA veterinary molecular diagnostics market highlights
- The MEA veterinary molecular diagnostics market generated a revenue of USD 24.0 millions in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, test kits & reagents was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 24.0 millions |
| Market revenue in 2030 | USD 44.3 millions |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Test kits & reagents |
| Fastest growing segment | Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Instruments, Test Kits & Reagents, Software & Services |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.1% of the global veterinary molecular diagnostics 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 468.6 millions by 2030.
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Veterinary Molecular Diagnostics Market Scope
Veterinary Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eurofins | View profile | 10001+ | Des Moines, Iowa, United States, North America | https://www.eurofinsus.com/ |
| Neogen Corporation | View profile | - | - | - |
| Thermo Fisher Scientific Inc. | View profile | - | - | - |
| Bio-Rad Laboratories, Inc. | View profile | - | - | - |
| BioNote | View profile | 1-10 | Big Lake, Minnesota, United States, North America | https://www.bionote.com/ |
| Zoetis | View profile | 10001+ | Parsippany, New Jersey, United States, North America | https://www.zoetis.com |
| Antech Diagnostics | View profile | 1001-5000 | Irvine, California, United States, North America | https://www.antechdiagnostics.com |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
Middle East & Africa veterinary molecular 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 veterinary molecular diagnostics market will help companies and investors design strategic landscapes.
Test kits & reagents was the largest segment with a revenue share of 45.42% in 2023. Horizon Databook has segmented the Middle East & Africa veterinary molecular diagnostics market based on instruments, test kits & reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa veterinary molecular diagnostics market databook
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Our clientele includes a mix of veterinary molecular diagnostics 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 veterinary molecular diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa veterinary molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA veterinary molecular diagnostics market size, by country, 2018-2030 (US$Ms)
Middle East & Africa Veterinary Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$Ms)
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