Biosensors in Middle East & Africa
Summary
Biosensors in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Biosensors are devices used to test the presence of biological material like microorganisms (such as bacteria, viruses, rickettsia, parasites, or fungi). They are frequently used in the healthcare sector to detect, recognize, and monitor a range of human disorders. Market value represents the revenue generated by market players in a specific year.
- The Middle East & African biosensors market recorded revenues of $1.8 billion in 2023, representing a compound annual growth rate (CAGR) of 5.2% between 2018 and 2023.
- The point of care (POC) segment accounted for the market's largest proportion in 2023, with total revenues of $0.8 billion, equivalent to 46.7% of the market's overall value.
- The growth of the Middle East & African biosensors market is attributed to the rising cases of chronic conditions such as diabetes, heart disease, arthritis, and others. According to the International Diabetes Federation (IDF), in 2021 (the latest available official data), the number of people with diabetes in the Middle East & North Africa reached 73 million.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biosensors market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biosensors market in Middle East & Africa
- Leading company profiles reveal details of key biosensors market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa biosensors market with five year forecasts
- What was the size of the Middle East & Africa biosensors market by value in 2023?
- What will be the size of the Middle East & Africa biosensors market in 2028?
- What factors are affecting the strength of competition in the Middle East & Africa biosensors market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East & Africa's biosensors market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Abbott Laboratories
- 8.2. Siemens AG
- 8.3. Roche Diagnostics GmbH
- 8.4. Medtronic Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Middle East & Africa biosensors market value: $ million, 2018-23
- Table 2: Middle East & Africa biosensors market category segmentation: % share, by value, 2018-23
- Table 3: Middle East & Africa biosensors market category segmentation: $ million, 2018-23
- Table 4: Middle East & Africa biosensors market geography segmentation: $ million, 2023
- Table 5: Middle East & Africa biosensors market value forecast: $ million, 2023-28
- Table 6: Abbott Laboratories: key facts
- Table 7: Abbott Laboratories: annual financial ratios
- Table 8: Abbott Laboratories: key employees
- Table 9: Abbott Laboratories: key employees Continued
- Table 10: Siemens AG: key facts
- Table 11: Siemens AG: annual financial ratios
- Table 12: Siemens AG: key employees
- Table 13: Siemens AG: key employees Continued
- Table 14: Roche Diagnostics GmbH: key facts
- Table 15: Roche Diagnostics GmbH: key employees
- Table 16: Medtronic Plc: key facts
- Table 17: Medtronic Plc: annual financial ratios
- Table 18: Medtronic Plc: key employees
- Table 19: Medtronic Plc: key employees Continued
- Table 20: Middle East & Africa Size of Population (million), 2019-23
- Table 21: Middle East & Africa real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 22: Middle East & Africa GDP (Current Prices, $ Billion), 2019-23
- Table 23: Middle East & Africa Inflation, 2019-23
- Table 24: Middle East & Africa Consumer Price Index (Absolute), 2019-23
- Table 25: Middle East & Africa exchange rate, 2018-23
- List of Figures
- Figure 1: Middle East & Africa biosensors market value: $ million, 2018-23
- Figure 2: Middle East & Africa biosensors market category segmentation: $ million, 2018-23
- Figure 3: Middle East & Africa biosensors market geography segmentation: % share, by value, 2023
- Figure 4: Middle East & Africa biosensors market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the biosensors market in Middle East & Africa, 2023
- Figure 6: Drivers of buyer power in the biosensors market in Middle East & Africa, 2023
- Figure 7: Drivers of supplier power in the biosensors market in Middle East & Africa, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the biosensors market in Middle East & Africa, 2023
- Figure 9: Factors influencing the threat of substitutes in the biosensors market in Middle East & Africa, 2023
- Figure 10: Drivers of degree of rivalry in the biosensors market in Middle East & Africa, 2023
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