Middle East and Africa Clinical Laboratory Services Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Clinical Laboratory Services Market is estimated to reach USD 9.59 billion by 2033 with a CAGR of 4.99%.
The report includes an in-depth analysis of the Middle East and Africa Clinical Laboratory Services Market, including market size and trends, product mix, distribution channels, and supplier analysis. Clinical laboratories play a significant role in the medical industry. In these clinical laboratories, the majority of diagnostic tests are carried out to identify various diseases, ranging from blood tests to genetic analyses. Clinical laboratories provide information and tools, such as test results and diagnostics, that optimize their necessary distribution within the healthcare system. In order to support physicians in making appropriate clinical and diagnostic decisions at different levels of health care services, this maintains and provides accurate and reliable test results. Drug development, bioanalytical and lab chemistry, toxicology testing, cell and gene therapy, and preclinical and clinical trial-related services are all included in the clinical laboratory services.
- A research collaboration agreement was announced in July 2021 by Deep Bio, a pioneer in artificial intelligence (AI) cancer diagnostics, and ARUP Laboratories, a premier U.S. reference laboratory and global leader in cutting-edge laboratory research and development. The company has benefited from this collaboration in terms of applying artificial intelligence to cancer diagnosis
Market Opportunities and Challenges
Opportunities: The market for clinical laboratory services in the Middle East and Africa is expanding as a result of rising rates of infectious diseases, a growing need for precise and timely disease diagnosis, and improvements in clinical diagnostic techniques. Future growth in the Middle East and Africa clinical laboratory services market is also anticipated to be largely attributed to the growing use of digital pathology platforms and patient preferences for the thorough health examinations that clinical laboratories provide. The development of the clinical laboratory services market in the Middle East and Africa is anticipated to be restricted by inaccurate test results and insufficient reimbursement methods. These factors present a plenty of opportunities for the market.
Challenges: There are numerous challenges that the Middle East and Africa Clinical Laboratory Services Market must overcome in order to grow and function well. Several regions have inadequate healthcare infrastructure, which makes clinical laboratory services difficult to access and unavailable. This is one of the main challenges. A timely diagnosis and course of treatment are hampered by the frequent lack of well-equipped laboratories in rural areas. Consistent operation of clinical laboratories is further complicated by political instability and conflicts in specific regions, which also lead to disruptions in healthcare services. A higher demand for laboratory services may overwhelm existing facilities due to economic disparities and a high prevalence of infectious diseases in some areas of the region, which strain the healthcare system.
Market Competitive Landscape
Clinical laboratory services The competitive landscape of the market offers information by competitor. A company's overview, financials, revenue, market potential, R&D investment, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, pipelines for product trials, approvals, patents, product width and breadth, application dominance, and technology lifeline curve are all included in the details. ACM Middle East and Africa Laboratories, UNILABS, Abbott, and the Mayo Foundation for Medical Education and Research (MFMER) are some of the leading domestic players in the clinical laboratory services industry.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Test Type, By Service Provider
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Regions covered | Brazil, Argentina, Rest of south America, south oafrica, Saudi Arabia, UAE, Egypt, Israel and Rest of Middle East and Africa
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Companies Covered | labcorp, mayo foundation for medical education and research, davita inc., quest diagnostics incorporated, sonic healthcare, abbott, acm middle east & africa laboratories, amedes holding gmbh, arup laboratories, bioreference laboratories, inc., charles river, eurofins scientific, genomic health, h.u. group holdings, inc., others
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COVID-19 Impact on Middle East and Africa Clinical Laboratory Services Market
The Middle East and Africa Clinical Laboratory Services Market has been profoundly affected by the COVID-19 pandemic, bringing with it both opportunities and challenges. On the one hand, laboratory services have increased in response to the growing demand for diagnostic testing, especially for COVID-19. Testing for the virus, tracking its spread, and assisting healthcare systems in managing the pandemic have all been made possible by laboratories. But the pandemic has also brought to light and widened the gaps in some regions' healthcare systems, especially in rural and conflict-affected areas where access to clinical laboratory services is still restricted. Delivery of laboratory services is now more difficult due to supply chain disruptions, travel restrictions, and lockdowns.
Key Target Audience:
- Healthcare Providers and Institutions
- Laboratory Service Providers
- Pharmaceutical and Biotechnology Companies
- Healthcare Professionals
- Patients and Patient Advocacy Groups
Our in-depth analysis of the Middle East and Africa Clinical Laboratory Services Market includes the following segments:
By Test Type:
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Clinical Chemistry
Immunology
Cytology
Genetics
Microbiology
Hematology
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By Service Provider:
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Hospital-based Laboratories and Others
Independent Laboratories
Others
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By Region:
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Brazil
Argentina
Rest of South America
South Africa
Saudi Arabia
UAE
Egypt
Israel
Rest of Middle East and Africa
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Key Topics Covered in the Report:
- Middle East and Africa Clinical Laboratory Services Market Size (FY’2023-FY’2033)
- Overview of Middle East and Africa Clinical Laboratory Services Market
- Segmentation of Middle East and Africa Clinical Laboratory Services Market By Test Type (Clinical Chemistry, Immunology, Cytology, Genetics, Microbiology, Hematology, Others)
- Segmentation of Middle East and Africa Clinical Laboratory Services Market By Service Provider (Hospital-based Laboratories, Independent Laboratories, Others)
- Expansion Analysis of Middle East and Africa Clinical Laboratory Services Market
- Problems and Obstacles in Middle East and Africa Clinical Laboratory Services Market
- Competitive Landscape in the Middle East and Africa Clinical Laboratory Services Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Clinical Laboratory Services Market
- Details on Current Investment in Middle East and Africa Clinical Laboratory Services Market
- Competitive Analysis of Middle East and Africa Clinical Laboratory Services Market
- Prominent Players in the Middle East and Africa Clinical Laboratory Services Market
- SWOT Analysis of Middle East and Africa Clinical Laboratory Services Market
- Middle East and Africa Clinical Laboratory Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East and Africa Clinical Laboratory Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Clinical Laboratory Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Clinical Laboratory Services Market
7. Middle East and Africa Clinical Laboratory Services Market, By Test Type (USD Million)
7.1. Middle East and Africa Clinical Laboratory Services Market Value Share and Forecast, By Test Type, 2023-2033
7.2. Clinical Chemistry
7.3. Immunology
7.4. Cytology
7.5. Genetics
7.6. Microbiology
7.7. Hematology
7.8. Others
8. Middle East and Africa Clinical Laboratory Services Market, By Service Provider (USD Million)
8.1. Middle East and Africa Clinical Laboratory Services Market Value Share and Forecast, By Service Provider, 2023-2033
8.2. Hospital-based Laboratories and Others
8.3. Independent Laboratories
8.4. Others
9. Middle East and Africa Clinical Laboratory Services Market Forecast, 2019-2033 (USD Million)
9.1. Middle East and Africa Clinical Laboratory Services Market Size and Market Share
10. Middle East and Africa Clinical Laboratory Services Market, By Application, 2019-2033 (USD Million)
10.1. Middle East and Africa Clinical Laboratory Services Market Size and Market Share By Application (2019-2026)
10.2. Middle East and Africa Clinical Laboratory Services Market Size and Market Share By Application (2027-2033)
11. Middle East and Africa Clinical Laboratory Services Market, By Crop Type, 2019-2033 (USD Million)
11.1. Middle East and Africa Clinical Laboratory Services Market Size and Market Share By Crop Type (2019-2026)
11.2. Middle East and Africa Clinical Laboratory Services Market Size and Market Share By Crop Type (2027-2033)
12. Middle East and Africa Clinical Laboratory Services Market, By Region, 2019-2033 (USD Million)
12.1. Middle East and Africa Clinical Laboratory Services Market Size and Market Share By Region (2019-2026)
12.2. Middle East and Africa Clinical Laboratory Services Market Size and Market Share By Region (2027-2033)
12.3. Brazil
12.4. Argentina
12.5. Rest of South America
12.6. South Africa
12.7. Saudi Arabia
12.8. UAE
12.9. Egypt
12.10. Israel
12.11. Rest of Middle East and Africa
13. Company Profile
13.1. LABORATORY CORPORATION OF AMERICA
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. DAVITA INC.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. QUEST DIAGNOSTICS INCORPORATED
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. SONIC HEALTHCARE
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. ABBOTT
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. ACM MIDDLE EAST & AFRICA LABORATORIES
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. AMEDES HOLDING GMBH
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. ARUP LABORATORIES
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. BIOREFERENCE LABORATORIES, INC.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. CHARLES RIVER
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. EUROFINS SCIENTIFIC
13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments
13.13. GENOMIC HEALTH
13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments
13.14. H.U. GROUP HOLDINGS, INC.
13.14.1. Company details
13.14.2. Financial outlook
13.14.3. Product summary
13.14.4. Recent developments
13.15. Others
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.