
Middle East & Africa Anatomic Pathology Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 118 | Report Code: TIPRE00026305 | Category: Life Sciences
No. of Pages: 118 | Report Code: TIPRE00026305 | Category: Life Sciences
The anatomic pathology market size is expected to reach US$ 1,183.18 million by 2031 from US$ 740.39 million in 2023. The market is estimated to record a CAGR of 6.0% from 2023 to 2031.
The anatomic pathology market in the Middle East & Africa has been analyzed on the basis of the market performance in Saudi Arabia, the UAE, South Africa, and the Rest of the Middle East & Africa. The Middle East is currently experiencing a rise in the incidence of chronic diseases such as strokes, neurological disorders, and cancer, along with a continuous surge in the geriatric population. Moreover, the high acceptance and installation of modern diagnostic technologies are projected to drive the anatomic pathology market growth in this region in the coming years.
Middle East & Africa Anatomic Pathology Market Strategic Insights
Middle East & Africa Anatomic Pathology Market Segmentation Analysis
Key segments that contributed to the derivation of the anatomic pathology market analysis are product and services, application, and end user.
Personalized medicines are mainly designed by considering individuals' genetic profiles to guide the decisions made with respect to the prevention, diagnosis, and treatment of a disease. They provide an opportunity for drug manufacturers to develop agents that target patient groups that do not respond to medications as intended or for them who do not respond as expected to traditional healthcare practices. There is much evidence indicating that a substantial portion of the variability in drug response depends on factors that are genetically controlled, including age, nutrition, environmental exposure, and health status. Genomics plays an important role in the emergence of personalized medicines, as having the knowledge of a patient's genetic profile would help doctors in selecting an apt medication. Personalized medicines are helpful in improving healthcare by enabling each patient to receive earlier diagnoses, risk assessments, and optimal treatments.
Pathologists play an important role in developing and implementing molecular and genomic tests in practice. Personalized medicines are used in the treatment of diseases such as breast cancer and cardiovascular diseases. Personalized anticancer medicines exhibit fewer and less severe side effects than other types of treatment as they are designed for more specific action. Further, with the ongoing progress in research and clinical studies, personalized medicines are likely to reach even greater potential to improve the quality of patient care. Thus, the growing focus on personalized medicines is expected to boost the anatomic pathology market growth.
Based on country, the Middle East & Africa anatomic pathology market comprises South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. South Africa held the largest share in 2023.
According to Health24, cancer cases in South Africa are estimated to surge by ~75%, reaching ~22.2 million by 2030 from 12.7 million in 2008. As per the Cancer Association of South Africa (CANSA), ~100,000 South Africans are diagnosed with cancer every year. With the growing number of cancer cases, the demand for advanced diagnostic tests is on the rise in the country. Further, the medical research authorities in South Africa are focusing on strategic initiatives to boost the adoption of diagnostic technologies. In December 2023, researchers at the Mary Heersink Institute for Global Health (MHIGH) utilized forensic pathology to study tuberculosis (TB) through a collaborative effort between UAB and the Africa Health Research Institute (AHRI) in Durban, South Africa. The MHIGH initiated a pilot project grant to facilitate collaboration and provide resources to UAB researchers and their global partners, aiming to address critical global health issues. The presence of prominent research laboratories and institutions such as JDW Pathology; Drs Gritzman & Thatcher Incorporated; and the College of Pathologists of East, Central and Southern Africa (COPECSA) significantly contribute to research that advances the anatomic pathology market in South Africa.
Middle East & Africa Anatomic Pathology Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 740.39 Million
Market Size by 2031
US$ 1,183.18 Million
Global CAGR (2023 - 2031)
6.0%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Product and Services
By Application
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Anatomic Pathology Market Company Profiles
Some of the key players operating in the market include F. Hoffmann-La Roche Ltd, Beckman Coulter Inc, Hologic Inc, Diapath S.p.A., Bio SB, Merck KGaA, and PHC Holdings Corporation among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Middle East & Africa Anatomic Pathology Market is valued at US$ 740.39 Million in 2023, it is projected to reach US$ 1,183.18 Million by 2031.
As per our report Middle East & Africa Anatomic Pathology Market, the market size is valued at US$ 740.39 Million in 2023, projecting it to reach US$ 1,183.18 Million by 2031. This translates to a CAGR of approximately 6.0% during the forecast period.
The Middle East & Africa Anatomic Pathology Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Anatomic Pathology Market report:
The Middle East & Africa Anatomic Pathology Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Anatomic Pathology Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Anatomic Pathology Market value chain can benefit from the information contained in a comprehensive market report.