Middle East & Africa Precision Diagnostics Market Forecast to 2028

Report Code : BMIRE00026145 | Region : LAMEA | Industry : Pharmaceuticals | Published Date : 20/Sep/2022
Middle East & Africa Precision Diagnostics Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Genetic Tests, Esoteric Tests, and Others), Application (Oncology, Cardiology, Respiratory Diseases, Immunology, and Others), and End User (Clinical Laboratories, Hospitals, Homecare, and Others)

The precision diagnostics market in Middle East & Africa is expected to grow from US$ 3,152.33 million in 2022 to US$ 6,062.61 million by 2028. It is estimated to grow at a CAGR of 11.5% from 2022 to 2028.

The precision medicine concept is being applied robustly in caring for rare diseases. Although it is more popular in oncology, it is gradually spreading to other specialties. The rising prevalence of cancer and the growing incidence of rare neurological disorders are increasing the demand for precision medicine, driving the growth of the precision diagnostics market. In addition, the rising demand for treatment procedures in oncology and other disorders is surging the adoption of treatment procedures. The genetic test is helpful in many areas of medicine as it identifies mutations or variants in the DNA. Genetic testing, for example, provides information about the risk of developing cancer and diagnose genetic conditions, such as Fragile X syndrome or Huntington's disease.

Based on the type of cancer, genomic cancer testing helps to create more personalize cancer treatment and care plans by helping patients and doctors better understand the diagnosis and reveal specific cancer drivers and market players encourage genomic cancer testing from the beginning of a diagnosis so precision medicine can be administered earlier in the treatment procedure. Thus, early diagnosis can help to promote early and optimal management of the disorders.

Moreover, the growing number of strategic collaborations between biopharmaceutical companies, to develop medicines targeted to treat a specific group of patients based on their particular needs and to provide effective treatment procedures and services, is increasing the number of clinical trials. The factors mentioned above are driving the precision diagnostics market growth.

Middle East & Africa Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Precision Diagnostics Market Segmentation

The Middle East & Africa precision diagnostics market is segmented by type, application, end user, and country. Based on type, the market is segmented into genetic tests, esoteric tests, and others. The genetic tests segment dominated the market in 2022.

Based on application, the market is fragmented into oncology, cardiology, immunology, respiratory diseases, and others. The oncology segment dominated the market in 2022. Based on end user, the market is segmented into hospitals, clinical laboratories, home care, and others. The clinical laboratories segment dominated the market in 2022.

Based on country, the market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of the Middle East & Africa. Further, Saudi Arabia dominated the market in 2022.

Some key players dominating the Middle East & Africa precision diagnostics market are Abbott, Bayer AG, Koninklijke Philips N.V., Novartis AG, QIAGEN, Quest Diagnostics Incorporated, Sanofi, Siemens Healthineers AG, and Swiss Precision Diagnostics GmbH

The List of Companies - Middle East & Africa Precision Diagnostics Market

● Abbott

● Bayer AG

● Koninklijke Philips N.V.

● Novartis AG

● QIAGEN

● Quest Diagnostics Incorporated

● Sanofi

● Siemens Healthineers AG

● Swiss Precision Diagnostics GmbH

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Precision Diagnostics Market – By Type

1.3.2 MEA Precision Diagnostics Market – By Application

1.3.3 MEA Precision Diagnostics Market – By End User

1.3.4 MEA Precision Diagnostics Market – By Country

2. MEA Precision Diagnostics Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Precision Diagnostics Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 MEA – PEST Analysis

4.3 Expert Opinion

5. MEA Precision Diagnostics Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Rising Demand for Personalized Medicine

5.1.2 Rising Application in Oncology and Other Disorders

5.2 Market Restraints

5.2.1 High Investments Involved in the R&D of Precision Medicine and Diagnostic Kits

5.3 Market Opportunities

5.3.1 Growing Advancement In Digital Solutions

5.4 Future Trends

5.4.1 Usage of Artificial Intelligence and Machine Learning in Precision Diagnostics

5.5 Impact Analysis

6. Precision Diagnostics Market– MEA Analysis

6.1 MEA Precision Diagnostics Market Revenue Forecast and Analysis

7. MEA Precision Diagnostics Market– by Type

7.1 Overview

7.2 Genetic Tests

7.2.1 Overview

7.2.2 Genetic Tests: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

7.3 Esoteric Tests

7.3.1 Overview

7.3.2 Esoteric Tests: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

7.4 Others

7.4.1 Overview

7.4.2 Others: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

8. MEA Precision Diagnostics Market– by Application

8.1 Overview

8.2 Oncology

8.2.1 Overview

8.2.2 Oncology: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

8.3 Cardiology

8.3.1 Overview

8.3.2 Cardiology: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

8.4 Respiratory Diseases

8.4.1 Overview

8.4.2 Respiratory Diseases: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

8.5 Immunology

8.5.1 Overview

8.5.2 Immunology: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

9. MEA Precision Diagnostics Market– by End User

9.1 Overview

9.2 Clinical Laboratories

9.2.1 Overview

9.2.2 Clinical Laboratories: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

9.3 Hospitals

9.3.1 Overview

9.3.2 Hospitals: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

9.4 Homecare

9.4.1 Overview

9.4.2 Homecare: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

9.5 Others

9.5.1 Overview

9.5.2 Others: MEA Precision Diagnostics Market Revenue and Forecast to 2028 (US$ Million)

10. MEA Precision Diagnostics Market– by Country

10.1 MEA: Precision Diagnostics Market– Revenue and Forecast to 2028

10.1.1 Overview

10.1.2 MEA: Precision Diagnostics Market Revenue and Forecasts to 2028, By Country (%)

10.1.2.1 Saudi Arabia: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.1.1 Overview

10.1.2.1.2 Saudi Arabia: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.1.3 Saudi Arabia: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

10.1.2.1.4 Saudi Arabia: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

10.1.2.1.5 Saudi Arabia: Precision Diagnostics Market Revenue and Forecast to 2028, By End User (US$ Million)

10.1.2.2 South Africa: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.2.1 Overview

10.1.2.2.2 South Africa: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.2.3 South Africa: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

10.1.2.2.4 South Africa: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

10.1.2.2.5 South Africa: Precision Diagnostics Market Revenue and Forecast to 2028, by End User (US$ Million)

10.1.2.3 UAE: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.3.1 Overview

10.1.2.3.2 UAE: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.3.3 UAE: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

10.1.2.3.4 UAE: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

10.1.2.3.5 UAE: Precision Diagnostics Market Revenue and Forecast to 2028, by End User (US$ Million)

10.1.2.4 Rest of MEA: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.4.1 Overview

10.1.2.4.2 Rest of MEA: Precision Diagnostics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.2.4.3 Rest of MEA: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

10.1.2.4.4 Rest of MEA: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

10.1.2.4.5 Rest of MEA: Precision Diagnostics Market Revenue and Forecast to 2028, by End User (US$ Million)

11. MEA Precision Diagnostics Market –Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.2.2 Organic Growth Strategies in the Precision Diagnostics Market, 2018-2022

11.3 Inorganic Developments

11.3.1 Overview

11.3.2 Inorganic Growth Strategies in the Precision Diagnostics Market, 2018-2022

12. Company Profiles

12.1 Quest Diagnostics Incorporated

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 QIAGEN

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Swiss Precision Diagnostics GmbH

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Koninklijke Philips N.V.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Siemens Healthineers AG

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Abbott

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Novartis AG

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Sanofi

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Bayer AG

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1.             MEA Precision Diagnostics Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Saudi Arabia: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

Table 3.             Saudi Arabia: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 4.             Saudi Arabia: Precision Diagnostics Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 5.             South Africa: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

Table 6.             South Africa: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 7.             South Africa: Precision Diagnostics Market Revenue and Forecast to 2028, by End User (US$ Million)

Table 8.             UAE: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

Table 9.             UAE: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 10.          UAE: Precision Diagnostics Market Revenue and Forecast to 2028, by End User (US$ Million)

Table 11.          Rest of MEA: Precision Diagnostics Market Revenue and Forecasts to 2028, by Type (US$ Million)

Table 12.          Rest of MEA: Precision Diagnostics Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 13.          Rest of MEA: Precision Diagnostics Market Revenue and Forecast to 2028, by End User (US$ Million)

Table 14.          Recent Organic Growth Strategies in the Precision Diagnostics Market

Table 15.          Recent Inorganic Growth Strategies in the Precision Diagnostics Market

Table 16.          Glossary of Terms, MEA Precision Diagnostics Market

The List of Companies - Middle East & Africa Precision Diagnostics Market

● Abbott

● Bayer AG

● Koninklijke Philips N.V.

● Novartis AG

● QIAGEN

● Quest Diagnostics Incorporated

● Sanofi

● Siemens Healthineers AG

● Swiss Precision Diagnostics GmbH

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa Precision Diagnostics Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa Precision Diagnostics Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Precision Diagnostics Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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