Middle East Molecular Diagnostics Market
Middle East Molecular Diagnostics Market, By Product (Systems, Kits & Consumables, Software & Other Products); By Testing Location (Laboratory Testing, Point-of-Care Testing); By Technology (Polymerase Chain Reaction (PCR), Next-Generation Sequencing, Isothermal Nucleic Acid Amplification Technology (INAAT), Microarray, In-Situ Hybridization (ISH), Immunohistochemistry (IHC), Other Technologies); By Application (Core Molecular Diagnostics, Reproductive Genetics, Companion Diagnostics (CDx), Liquid Biopsy, Other Applications); By End User (Hospitals, Diagnostic Centers, Out-Patient Clinics/General Practitioners, Research Laboratories, Other End Users); By Country (Saudi Arabia, UAE, Lebanon, Bahrain, Oman, Qatar, Rest of Middle East), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: March 2023
- Report ID: BWC23250
- Available Format: PDF
- Page: 240
Report Overview
An increasing focus on diagnosing and treating rising number of infectious disease and cancer affected patients and growing awareness and acceptance of personalized medicines in the region are expected to boost the growth of the Middle East molecular diagnostics market during the forecast period between 2023 and 2029.
Middle East Molecular Diagnostics Market - Industry Trends & Forecast Report, 2029
Middle East molecular diagnostics market size was estimated to be worth USD 527.82 million in 2022. During the forecast period between 2023 and 2029, the Middle East molecular diagnostics market size is projected to grow at a CAGR of 8.3% reaching a value of USD 919.34 million by 2029. Major growth factors for the Middle East molecular diagnostics market include aging population, rising communicable and non-communicable illness prevalence, improvements in molecular diagnostics technology, and increasing expenditures on healthcare.
Middle East Molecular Diagnostics Market – Overview
The growing healthcare industry makes use of technology to diagnose and monitor complex conditions, detect risk, and, most importantly, select the most tailored treatments and therapies for individual patients. molecular diagnostics is the study of how individuals express their genes as proteins and the application of medical and microbiological technology in medical imaging science to examine biological markers residing in the proteome and genome. For decades, molecular diagnostics has been regarded as a superior tool for reaching the goal of faster disease diagnosis with fewer complications. The demand for these procedures is growing, especially for diagnosing infectious diseases.
Middle East Molecular Diagnostics Market
Growth Drivers
Increasing Number of Infectious Disease-related Clinical Trials
With the rising burden of communicable diseases, the number of clinical trials in Middle Eastern countries has also spiked. According to the data published by the Clinical Trials Arena, “the Middle East has seen an 888% increase in the number of infectious disease trials taking place over the past decade, the largest increase for any region worldwide.” The data also revealed that Iran hosted the highest number of trials in the area in 2020, accounting for 79.3% of all trials. With 9.1% and 3.4%, respectively, of the region's trials taking place, Israel and Saudi Arabia came in second and third.
Restraints
High Cost of Molecular Diagnostics
Molecular approaches typically cost more than more common conventional approaches. Some labs might find the expense of supplies and equipment to be prohibitive. Furthermore, certain clinical laboratories might not have the specific area needed for molecular amplification techniques. Additionally, the market growth is severely constrained by inadequate reimbursements. Obtaining private health insurance to cover diagnostic testing is a challenge for the majority of diagnostic firms.
Middle East Molecular Diagnostics Market
Segmental Coverage
Middle East Molecular Diagnostics Market – By Product
Based on product, the Middle East molecular diagnostics market is segregated into systems, kits & consumables, software, and other product segments. The kits and consumables segment holds the highest market share. A full polymerase chain reaction (PCR) typically needs five basic reagents, including a DNA template, forward and reverse primers, DNA polymerase, deoxynucleotide triphosphates (dNTPs), and reaction buffer. Standard reagents aid in obtaining reliable and timely results. It is envisaged that standardized outcomes, increased efficacy, and cost-effectiveness will encourage market expansion.
Middle East Molecular Diagnostics Market – By Testing Location
Based on testing location, the Middle East molecular diagnostics market is segmented into laboratory testing and point-of-care testing. Laboratory testing accounts for the highest share in the Middle East molecular diagnostics market. Lab tests have historically been utilized in hospitals and diagnostic facilities and are widely acknowledged. Another significant factor projected to drive the market is a growth in the number of efforts done by the government to provide various services, such as reimbursement for diagnostic tests.
Middle East Molecular Diagnostics Market – By Technology
Based on technology, the Middle East molecular diagnostics market is segmented into polymerase chain reaction (PCR), next-generation sequencing, isothermal nucleic acid amplification technology (INAAT), microarray, in-situ hybridization (ISH), immunohistochemistry (IHC), and other technologies. The polymerase chain reaction (PCR) technology accounts for the largest market share. While a COVID-19 infection is still in its early stages, fast antigen testing frequently results in false negatives and false positives. In contrast, PCR assays are far less likely to have similar problems. Its higher accuracy compared to its counterparts play a crucial factor in propelling its market growth.
Middle East Molecular Diagnostics Market – By Application
Based on application, the Middle East molecular diagnostics market is segmented into core molecular diagnostics, reproductive genetics, companion diagnostics (CDX), liquid biopsy, and other applications. The core molecular diagnostics segment holds the highest share in the Middle East molecular diagnostics market. The increased use of molecular testing in laboratories to treat illnesses is primarily responsible for this market segment's expansion. The majority of the Middle East's molecular diagnostics market is serviced by a wide number of inclusive core molecular diagnostics applications.
Middle East Molecular Diagnostics Market – By End Users
Based on end users, the Middle East molecular diagnostics market is segmented into hospitals, diagnostic centers, outpatient clinics/general practitioners, research laboratories, and other end users. The hospital segment accounts for the highest market share. The increasing number of patients approaching hospitals for regular checkups and in case of suffering from communicable diseases contributes to the growing demand for molecular diagnostics tools in hospitals. Hospitals also offer real-time assistance from health professionals as well as quick commencement of treatments which is contributing to its market growth.
Middle East Molecular Diagnostics Market – By Country
The Middle East molecular diagnostics market covers the following major countries: Saudi Arabia, UAE, Lebanon, Bahrain, Oman, Qatar and the rest of Middle East. Saudi Arabia dominates the Middle East molecular diagnostics market owing to the increasing prevalence of communicable diseases in this region. To stop the spread of infectious illnesses including seasonal flu, tuberculosis (TB), yellow fever, and others that are becoming more common in Saudi Arabia, the government is setting up diagnostic facilities. Eventually, this led to a notable increase in the molecular diagnostics market in the area.
Competitive Landscape
Major competitors in the Middle East molecular diagnostics market include Abbott, Agilent Technologies, Inc., bioMerieux SA, Babirus Medical Equipment LLC, Bio-Rad Laboratories, Inc., Danaher, F. Hoffmann-La Roche Ltd., Guardant Health, Illumina, Inc., QIAGEN N.V., and Thermo Fisher Scientific Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
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In September 2022 – OpGen, Inc., a US-based molecular microbiology solutions company, announced that its subsidiary Curetis GmbH signed a distribution agreement for the distribution of Unyvero systems in Qatar and the UAE with Leader Life Sciences through their trading firm Leader Medical Supplies Trading LLC, a member of the Leader Healthcare Group.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
Saudi Arabia, UAE, Lebanon, Bahrain, Oman, Qatar, Rest of Middle East |
Product/ Service Segmentation |
Product, Testing Location, Technology, Application, End User, Country |
Key Players |
Abbott, Agilent Technologies, Inc., bioMerieux SA, Babirus Medical Equipment LLC, Bio-Rad Laboratories, Inc., Danaher, F. Hoffmann-La Roche Ltd., Guardant Health, Illumina, Inc., QIAGEN N.V., Thermo Fisher Scientific Inc. |
By Product
-
Systems
-
Kits & Consumables
-
Software
-
Other Products
By Testing Location
-
Laboratory Testing
-
Point-of-Care Testing
By Technology
-
Polymerase Chain Reaction (PCR)
-
Next-Generation Sequencing
-
Isothermal Nucleic Acid Amplification Technology (INAAT)
-
Microarray
-
In-Situ Hybridization (ISH)
-
Immunohistochemistry (IHC)
-
Other Technologies
By Application
-
Core Molecular Diagnostics
-
Reproductive Genetics
-
Companion Diagnostics (CDx)
-
Liquid Biopsy
-
Other Applications
By End User
-
Hospitals
-
Diagnostic Centres
-
Out-Patient Clinics/General Practitioners
-
Research Laboratories
-
Other End Users
By Country
-
Saudi Arabia
-
UAE
-
Lebanon
-
Bahrain
-
Oman
-
Qatar
-
Rest of Middle East
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Middle East Molecular Diagnostics Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increasing Prevalence of Infectious Diseases and Various Types of Cancer in the Middle East
- Increase in Awareness and Acceptance of Personalized Medicines in the Middle East
- Significant External Funding for Executing Research and Development Exercises
- Restraints
- Uncertain Reimbursement Scenario
- Lack of High-Complexity Testing Centres in the Middle East
- Opportunities
- Massive Scope for Adoption of Molecular Diagnostics
- Rise of Next-Generation Ultrasensitive Molecular Diagnostics
- Novel Revenue Streams
- Challenges
- COVID-19 Impact on Middle East Molecular Diagnostics
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Middle East Molecular Diagnostics Market Overview
- Market Size & Forecast by Value, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- Systems
- Kits & Consumables
- Software
- Other Product
- By Testing Location
- Laboratory Testing
- Point-of-Care Testing
- By Technology
- Polymerase Chain Reaction (PCR)
- Next-Generation Sequencing
- Isothermal Nucleic Acid Amplification Technology (INAAT)
- Microarray
- In-Situ Hybridization (ISH)
- Immunohistochemistry (IHC)
- Other Technologies
- By Application
- Core Molecular Diagnostics
- Reproductive Genetics
- Companion Diagnostics (CDx)
- Liquid Biopsy
- Other Applications
- By End User
- Hospitals
- Diagnostic Centres
- Out-Patient Clinics/General Practitioners
- Research Laboratories
- Other End Users
- By Country
- Saudi Arabia
- UAE
- Lebanon
- Bahrain
- Oman
- Qatar
- Rest of Middle East
- By Product
- Market Size & Forecast by Value, 2019–2029
- Saudi Arabia Molecular Diagnostics Market
-
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
-
- UAE Molecular Diagnostics Market
-
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
-
- Lebanon Molecular Diagnostics Market
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
- Market Size & Forecast by Value, 2019–2 029
- Bahrain Molecular Diagnostics Market
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
- Market Size & Forecast by Value, 2019–2 029
- Oman Molecular Diagnostics Market
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
- Market Size & Forecast by Value, 2019–2 029
- Qatar Molecular Diagnostics Market
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
- Market Size & Forecast by Value, 2019–2 029
- Rest of Middle East Molecular Diagnostics Market
- Market Size & Forecast by Value, 2019–2 029
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Testing Location
- By Technology
- By Application
- By End Users
- Market Size & Forecast by Value, 2019–2 029
- Competitive Landscape
- List of Key Players and Their Offerings
- Middle East Molecular Diagnostics Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Mergers, Acquisitions, Partnerships, and others)
- Impact of Covid-19 on Middle East Molecular Diagnostics Market
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Abbott
- Agilent Technologies, Inc.
- bioMerieux SA
- Babirus Medical Equipment LLC
- Bio-Rad Laboratories, Inc.
- Danaher
- F. Hoffmann-La Roche Ltd.
- Guardant Health
- Illumina, Inc.
- QIAGEN N.V.
- Thermo Fisher Scientific Inc
- Other prominent players.
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 Middle East Molecular Diagnostics Market Segmentation
Figure 2 Middle East Molecular Diagnostics Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Middle East Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 5 Middle East Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 6 Middle East Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 7 Middle East Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 8 Middle East Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 9 Middle East Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 10 Middle East Molecular Diagnostics Market Share, By Country, By Value, 2019–2029
Figure 11 Saudi Arabia Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 12 Saudi Arabia Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 13 Saudi Arabia Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 14 Saudi Arabia Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 15 Saudi Arabia Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 16 Saudi Arabia Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 17 UAE Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 18 UAE Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 19 UAE Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 20 UAE Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 21 UAE Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 22 UAE Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 23 Lebanon Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 24 Lebanon Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 25 Lebanon Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 26 Lebanon Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 27 Lebanon Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 28 Lebanon Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 29 Bahrain Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 30 Bahrain Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 31 Bahrain Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 32 Bahrain Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 33 Bahrain Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 34 Bahrain Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 35 Oman Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 36 Oman Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 37 Oman Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 38 Oman Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 39 Oman Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 40 Oman Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 41 Qatar Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 42 Qatar Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 43 Qatar Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 44 Qatar Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 45 Qatar Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 46 Qatar Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
Figure 47 Rest of Middle East Molecular Diagnostics Market Size, By Value (USD Million), 2019–2029
Figure 48 Rest of Middle East Molecular Diagnostics Market Share, By Product, By Value, 2019–2029
Figure 49 Rest of Middle East Molecular Diagnostics Market Share, By Testing Location, By Value, 2019–2029
Figure 50 Rest of Middle East Molecular Diagnostics Market Share, By Technology, By Value, 2019–2029
Figure 51 Rest of Middle East Molecular Diagnostics Market Share, By Application, By Value, 2019–2029
Figure 52 Rest of Middle East Molecular Diagnostics Market Share, By End User, By Value, 2019–2029
List of Tables
Table 1 Middle East Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 2 Middle East Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 3 Middle East Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 4 Middle East Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 5 Middle East Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 6 Middle East Molecular Diagnostics Market Size, By Country, By Value, 2019–2029
Table 7 Saudi Arabia Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 8 Saudi Arabia Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 9 Saudi Arabia Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 10 Saudi Arabia Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 11 Saudi Arabia Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 12 UAE Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 13 UAE Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 14 UAE Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 15 UAE Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 16 UAE Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 17 Lebanon Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 18 Lebanon Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 19 Lebanon Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 20 Lebanon Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 21 Lebanon Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 22 Bahrain Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 23 Bahrain Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 24 Bahrain Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 25 Bahrain Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 26 Bahrain Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 27 Oman Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 28 Oman Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 29 Oman Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 30 Oman Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 31 Oman Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 32 Qatar Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 33 Qatar Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 34 Qatar Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 35 Qatar Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 36 Qatar Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 37 Rest of Middle East Molecular Diagnostics Market Size, By Product, By Value, 2019–2029
Table 38 Rest of Middle East Molecular Diagnostics Market Size, By Testing Location, By Value, 2019–2029
Table 39 Rest of Middle East Molecular Diagnostics Market Size, By Technology, By Value, 2019–2029
Table 40 Rest of Middle East Molecular Diagnostics Market Size, By Application, By Value, 2019–2029
Table 41 Rest of Middle East Molecular Diagnostics Market Size, By End User, By Value, 2019–2029
Table 42 Abbott Company Overview
Table 43 Abbott Financial Overview
Table 44 Agilent Technologies, Inc. Company Overview
Table 45 Agilent Technologies, Inc. Financial Overview
Table 46 bioMerieux SA Company Overview
Table 47 bioMerieux SA Financial Overview
Table 48 Babirus Medical Equipment LLC Company Overview
Table 49 Babirus Medical Equipment LLC Financial Overview
Table 50 Bio-Rad Laboratories, Inc. Company Overview
Table 51 Bio-Rad Laboratories, Inc. Financial Overview
Table 52 Danaher Company Overview
Table 53 Danaher Financial Overview
Table 54 F. Hoffmann-La Roche Ltd. Company Overview
Table 55 F. Hoffmann-La Roche Ltd. Financial Overview
Table 56 Guardant Health Company Overview
Table 57 Guardant Health Financial Overview
Table 58 Illumina, Inc. Company Overview
Table 59 Illumina, Inc. Financial Overview
Table 60 QIAGEN N.V. Company Overview
Table 61 QIAGEN N.V. Financial Overview
Table 62 Thermo Fisher Scientific Inc Company Overview
Table 63 Thermo Fisher Scientific Inc Financial Overview
Market Segmentation
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