
Region:Middle East
Author(s):Sanjana
Product Code:KROD2769
October 2024
98

By Product Type: The MEA Genomics Market is segmented by product type into sequencing platforms, consumables, and bioinformatics tools. In 2023, sequencing platforms held a dominant market share due to their widespread use in research and clinical applications. The integration of NGS platforms for disease diagnostics and research on genetic mutations has propelled the demand for these technologies.

By Application: The genomics market in MEA is segmented by application into diagnostics, drug discovery, and agriculture genomics. Diagnostics dominate the segment in 2023, accounting for the largest market share due to the growing demand for genetic testing for cancer, rare diseases, and prenatal screening. Genetic testing for cancer treatments, particularly in South Africa and Israel, has seen a sharp increase, driven by government healthcare programs and growing awareness of personalized medicines benefits.

By Region: MEA Genomics Market is segmented into Israel, UAE, Jordan, Morocco, South Africa, and the rest of MEA. In 2023, Israel held the largest market share due to its advanced research institutions and significant investments in biotechnology. The countrys strong innovation ecosystem, supported by government funding and partnerships between academia and industry, has placed it at the forefront of genomics research and commercialization.
|
Company |
Establishment Year |
Headquarters |
|
Illumina Inc. |
1998 |
San Diego, USA |
|
Thermo Fisher Scientific |
1956 |
Waltham, USA |
|
BGI Genomics Co. |
1999 |
Shenzhen, China |
|
Agilent Technologies |
1999 |
Santa Clara, USA |
|
Qiagen N.V. |
1984 |
Venlo, Netherlands |
Growth Drivers:
Challenges:
Government Initiatives:
Middle East & Africa Genomics Market is expected to witness significant growth over the next five years, driven by increasing government investments, rising demand for personalized medicine, and expanding applications in agriculture.
Future Trends
|
Middle East & Africa Genomics Market Segmentation |
|
|
By Product Type |
Sequencing Platforms Consumables Bioinformatics Tools |
|
By Application |
Diagnostics Drug Discovery Agriculture Genomics |
|
By Region |
Israel United Arab Emirates (UAE) Jordan Morocco South Africa Rest of MEA |
1.1. Definition and Scope
1.2. Market Growth Rate (in %)
1.3. Market Drivers (technological advancements, precision medicine adoption, personalized healthcare)
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Key Market Developments and Milestones
2.3. Future Market Projections
3.1. Growth Drivers
3.1.1. Increasing Research Funding
3.1.2. Advancements in Genomic Sequencing
3.1.3. Expanding Precision Medicine and Personalized Healthcare
3.2. Market Restraints
3.2.1. High Costs of Genomic Sequencing Technologies
3.2.2. Ethical and Data Privacy Concerns
3.2.3. Limited Access to Genomic Infrastructure in Low-Income Regions
3.3. Market Opportunities
3.3.1. Expansion of Genomics Applications in Agriculture
3.3.2. Partnerships Between Governments and Biotechnology Firms
3.3.3. Integration of Genomic Data into National Healthcare Programs
3.4. Market Trends
3.4.1. Growing Demand for Next-Generation Sequencing (NGS)
3.4.2. Genomic Research in Cancer and Rare Disease Diagnostics
3.4.3. Use of Genomics for Developing Disease-Resistant Crops
3.5. Competitive Landscape and SWOT Analysis
3.5.1. Strengths
3.5.2. Weaknesses
3.5.3. Opportunities
3.5.4. Threats
4.1. By Product Type (in value %)
4.1.1. Sequencing Platforms
4.1.2. Consumables
4.1.3. Bioinformatics Tools
4.2. By Application (in value %)
4.2.1. Diagnostics
4.2.2. Drug Discovery
4.2.3. Agricultural Genomics
4.3. By Region (in value %)
4.3.1. Israel
4.3.2. UAE
4.3.3. South Africa
4.3.4. Morocco
4.3.5. Rest of MEA
5.1. Detailed Profiles of Major Companies
5.1.1. Illumina Inc. (San Diego, USA)
5.1.2. Thermo Fisher Scientific (Waltham, USA)
5.1.3. BGI Genomics Co. (Shenzhen, China)
5.1.4. Agilent Technologies (Santa Clara, USA)
5.1.5. Qiagen N.V. (Venlo, Netherlands)
5.1.6. F. Hoffmann-La Roche (Basel, Switzerland)
5.1.7. Oxford Nanopore Technologies (Oxford, UK)
5.1.8. PerkinElmer Inc. (Waltham, USA)
5.1.9. GE Healthcare (Chicago, USA)
5.1.10. Pacific Biosciences (Menlo Park, USA)
5.1.11. Eurofins Scientific (Luxembourg)
5.1.12. Danaher Corporation (Washington, D.C., USA)
5.1.13. Gencove Inc. (New York, USA)
5.1.14. MedGenome (Bangalore, India)
5.1.15. Strand Life Sciences (Bangalore, India)
5.2. Market Share Analysis (in %)
5.3. Key Strategic Initiatives
5.3.1. Mergers and Acquisitions
5.3.2. Strategic Partnerships and Collaborations
5.3.3. Investment Analysis
6.1. Government Regulations (in specific MEA regions)
6.2. Compliance Requirements (data privacy, ethical standards)
6.3. Certification Processes for Genomics Labs and Institutions
7.1. Future Market Size Projections (in USD Bn)
7.2. Key Factors Driving Future Market Growth
7.2.1. Government Investments in Genomics
7.2.2. Expansion of Precision Medicine Initiatives
7.2.3. Integration of Genomics in Agriculture and Food Security
8.1. By Product Type (in value %)
8.2. By Application (in value %)
8.3. By End-User (in value %)
8.4. By Region (in value %)
9.1. TAM/SAM/SOM Analysis (Total Addressable Market, Serviceable Available Market, Serviceable Obtainable Market)
9.2. White Space Opportunity Analysis
9.3. Marketing and Growth Initiatives
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Collating statistics on Middle East & Africa Genomics Market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for Middle East & Africa Genomics Market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Our team will approach multiple genomics companies and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from genomics companies.
Middle East & Africa Genomics Market was valued at USD 1.2 billion in 2023, driven by advancements in precision medicine, personalized healthcare, and increasing adoption of genomics technologies in research and clinical settings.
Middle East & Africa Genomics Market is driven by the increasing demand for genetic testing in healthcare, expanding applications in agricultural genomics, and substantial government funding for genomic research in countries like Israel and the UAE.
Challenges of Middle East & Africa Genomics Market include the high cost of genomic sequencing technologies, lack of skilled professionals, and data privacy concerns. Additionally, the limited infrastructure for genomic research in several African countries hampers market growth.
Major players include Illumina Inc., Thermo Fisher Scientific, BGI Genomics Co., Agilent Technologies, and Qiagen N.V. These companies lead the market through innovation in sequencing technologies and strategic partnerships in the region.
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