Middle East and Africa Metabolomics Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service Type (Targeted Metabolomics Service and Untargeted Metabolomics Service) and Application (Pharmaceutical and Biotechnology Industry, Agritech, and Environment)
Market Introduction
The United Arab Emirates (UAE), Saudi Arabia and South Africa are the 3 major countries in the Middle East and South Africa. Saudi Arabia was the largest market for metabolomics services in this region in 2021. The market for metabolomics services in the Middle East and Africa is anticipated to grow at a CAGR 19.6% during the forecast period; this growth is attributed to the rising prevalence of various diseases and increasing government initiatives in terms of funding and healthcare related policies. Saudi Arabia is one of the fastest-growing countries in the Middle East and Africa, with a large population suffering from cancer fueling its growth. The government is taking initiatives to develop and strengthen its healthcare sector. As part of The Riyadh Medical Biotechnology Summit in September 2021, health affairs at the Ministry of National Guard aim to reach the vision goals by 2030 through strengthening the health sector and promoting investment in biomedical technology. The Saudi Food and Drug Authority Strategic Plan (2018–2022) was recently proposed by the government as its third annual strategic plan. The project incorporates the vision and strategic priorities developed by the drug, food, and medical device regulators. They also intend to establish a central testing lab in Riyadh for research purposes. Use of artificial intelligence (AI) and biomarkers in biomarker-related analysis and personalized therapy is the major factor driving the growth of the MEA metabolomics services market.
As per the Worldometer, as of September 2021, South Africa reported 2,787,203 COVID-19 cases; the case count of Saudi Arabia and the UAE had reached 544,634 and 719,355, respectively. Economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflicts and are not capable of implementing robust public health measures. Iran was in deep economic recession due to the US sanctions. The major source of economic stabilization in Middle East countries is oil production and export. However, a sudden drop in domestic and external demand for goods and products, especially crude oil, and halted production due to labor shortage have affected the economic growth of these oil-based economies. The spread of SARS-CoV-2 has led to heavy burden on healthcare professionals in the MEA. Cardiac surgeons are overloaded with emergency cardiac surgeries, management of COVID patients, and implementation of safety guidelines to prevent the spread of virus, which have led them to deprioritize elective surgeries. Thus, the overburdening of the healthcare sector is hampering the performance of the Middle East and Africa metabolomics services market.
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Market Overview and Dynamics
The metabolomics services market in MEA is expected to grow from US$ 46.31 million in 2021 to US$ 162.41 million by 2028; it is estimated to grow at a CAGR of 19.6% from 2021 to 2028. Metabolomics is among the growing and robust technologies for detecting a wide range of metabolites in tissues and biofluids. This process has a significant application in the analysis and studies associated with cancer disease. The rising prevalence of different types of cancer is expected to drive the market during the forecast period. Cancer diagnostics play an essential role in cancer treatment. As per the data published by the World Health Organization (WHO) in September 2021, nearly 70% of deaths from cancer were reported from the low- and mid-income countries across the region. Therefore, rising incidences of cancer is expected to surge the demand of metabolomics services, thereby driving the market growth.
Key Market Segments
The MEA metabolomics services market has been segmented based on service type, application, and country. On the basis of service type, the MEA metabolomics services market is segmented into targeted metabolomics service and untargeted metabolomics service. The targeted metabolomics service segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on application, the market is segmented into pharmaceutical and biotechnology industry, agritech, and environment. The pharmaceutical and biotechnology industry segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Likewise, the pharmaceutical and biotechnology industry segmented is categorized into biomarker discovery, drug discovery, toxicological testing, and others.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on metabolomics services market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BASF SE, biocrates life sciences ag, Creative Proteomics, Fred Hutchinson Cancer Research Center, and RTI International are among others.
Reasons to buy report
- To understand the MEA metabolomics services market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA metabolomics services market
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA metabolomics services market
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
MEA Metabolomics Services Market Segmentation
MEA Metabolomics Services Market –By Service Type
- Targeted Metabolomics Service
- Untargeted Metabolomics Service
MEA Metabolomics Services Market –By Application
- Pharmaceutical and Biotechnology Industry
- Biomarker Discovery
- Drug Discovery
- Toxicological Testing
- Others
- Agritech
- Environment
MEA Metabolomics Services Market -By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Metabolomics Services Market -Company Profiles
- BASF SE
- biocrates life sciences ag
- Creative Proteomics
- Fred Hutchinson Cancer Research Center
- RTI International
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Metabolomics Services Market – By Service Type
1.3.2 MEA Metabolomics Services Market – By Application
1.3.3 MEA Metabolomics Services Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Metabolomics Services Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA Metabolomics Services Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Incidences of Cancer
5.1.2 Increasing Adoption of Metabolomics and Investments by Market Players
5.2 Market Restraints
5.2.1 High Cost of Tools, Instruments, and Usage
5.3 Market Opportunities
5.3.1 Development Opportunities in Several Countries
5.4 Future Trends
5.4.1 Use of Artificial Intelligence (AI) and Biomarkers in Biomarker-Related Analysis and Personalized Therapy
5.5 Impact Analysis
6. Metabolomics Services Market– MEA Analysis
6.1 MEA Metabolomics Services Market Revenue Forecast and Analysis
7. MEA Metabolomics Services Market Revenue and Forecasts to 2028– by Service Type
7.1 Overview
7.2 MEA Metabolomics Services Market, By Service Type 2021 & 2028 (%)
7.3 Targeted Metabolomics Service
7.3.1 Overview
7.3.2 Targeted Metabolomics Service: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Untargeted Metabolomics Service
7.4.1 Overview
7.4.2 Untargeted Metabolomics Service: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
8. MEA Metabolomics Services Market Revenue and Forecasts to 2028 – by Application
8.1 Overview
8.2 MEA Metabolomics Services Market Share by Application 2021 & 2028 (%)
8.3 Pharmaceutical and Biotechnology Industry
8.3.1 Overview
8.3.2 Pharmaceutical and Biotechnology Industry: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
8.3.2.1 Biomarker Discovery
8.3.2.1.1 Overview
8.3.2.1.2 Biomarker Discovery: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
8.3.2.2 Toxicological Testing
8.3.2.2.1 Overview
8.3.2.2.2 Toxicological Testing: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
8.3.2.3 Drug Discovery
8.3.2.3.1 Overview
8.3.2.3.2 Drug Discovery: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
8.3.2.4 Others
8.3.2.4.1 Overview
8.3.2.4.2 Others: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Agritech
8.4.1 Overview
8.4.2 Agritech: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Environment
8.5.1 Overview
8.5.2 Environment: Metabolomics Services Market Revenue and Forecast to 2028 (US$ Mn)
9. MEA Metabolomics Services Market Revenue and Forecasts to 2028 – Country Analysis
9.1.1 Middle East & Africa Metabolomics Services Market Revenue and Forecasts to 2028, By Country (%)
9.1.1.1 UAE: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.1.1 Overview
9.1.1.1.2 UAE: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.1.3 UAE: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
9.1.1.1.4 UAE: Metabolomics Services Market Revenue and Forecasts To 2028, By Application (US$ Mn)
9.1.1.1.4.1 UAE: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
9.1.1.2 Saudi Arabia: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.2.1 Overview
9.1.1.2.2 Saudi Arabia: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.2.3 Saudi Arabia: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
9.1.1.2.4 Saudi Arabia: Metabolomics Services Market Revenue and Forecasts To 2028, By Application (US$ Mn)
9.1.1.2.4.1 Saudi Arabia: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
9.1.1.3 South Africa: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.3.1 Overview
9.1.1.3.2 South Africa Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.3.3 South Africa: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
9.1.1.3.4 South Africa: Metabolomics Market Revenue and Forecasts To 2028, By Application (US$ Mn)
9.1.1.3.4.1 South Africa: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
9.1.1.4 Rest of Middle East and Africa: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.4.1 Overview
9.1.1.4.2 Rest of Middle East and Africa: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.1.4.3 Rest of Middle East & Africa: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
9.1.1.4.4 Rest of Middle East & Africa: Metabolomics Market Revenue and Forecasts To 2028, By Application (US$ Mn)
9.1.1.4.4.1 Rest of Middle East and Africa: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
10. Impact Of COVID-19 Pandemic on MEA Metabolomics Services Market
10.1 Overview
11. MEA Metabolomics Services Market–Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 BASF SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Creative Proteomics
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 RTI International
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Fred Hutchinson Cancer Research Center
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 biocrates life sciences ag
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Metabolomics Services Market Revenue and Forecast to 2028 (US$ Million)
Table 2. UAE: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
Table 3. UAE: Metabolomics Services Market Revenue and Forecasts to 2028, By Application (US$ Mn)
Table 4. UAE: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
Table 5. Saudi Arabia: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
Table 6. Saudi Arabia: Metabolomics Services Market Revenue and Forecasts to 2028, By Application (US$ Mn)
Table 7. Saudi Arabia: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
Table 8. South Africa Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
Table 9. South Africa: Metabolomics Market Revenue and Forecasts to 2028, By Application (US$ Mn)
Table 10. South Africa: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of Middle East & Africa: Metabolomics Services Market Revenue and Forecasts to 2028, By Service Type (US$ Mn)
Table 12. Rest of Middle East & Africa: Metabolomics Market Revenue and Forecasts to 2028, By Application (US$ Mn)
Table 13. Rest of Middle East and Africa: Metabolomics Services Market, by Pharmaceutical and Biotechnology Industry – Revenue and Forecast to 2028 (USD Million)
Table 14. Organic Developments Done By Companies
Table 15. Inorganic Developments Done By Companies
Table 16. Glossary of Terms, MEA Metabolomics Services Market
LIST OF FIGURES
Figure 1. MEA Metabolomics Services Market Segmentation
Figure 2. MEA Metabolomics Services Market, By Country
Figure 3. MEA Metabolomics Services Market Overview
Figure 4. Targeted Metabolomics Service Segment Held Largest Share of Type Segment in MEA Metabolomics Services Market
Figure 5. Saudi Arabia is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. MEA : PEST Analysis
Figure 7. Experts Opinion
Figure 8. MEA Impact Analysis of Drivers and Restraints Pertaining to Metabolomics Services Market
Figure 9. MEA Metabolomics Services Market– By Revenue Forecast and Analysis – 2019- 2028
Figure 10. MEA Metabolomics Services Market, by Service Type 2021 & 2028 (%)
Figure 11. MEA Targeted Metabolomics Service: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. MEA Untargeted Metabolomics Service: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. MEA Metabolomics Services Market Share by Application 2021 & 2028 (%)
Figure 14. MEA Pharmaceutical and Biotechnology Industry: Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 15. Biomarker Discovery: Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 16. MEA Toxicological Testing: Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 17. MEA Drug Discovery: Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 18. MEA Others : Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 19. MEA Agritech: Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 20. MEA Environment: Metabolomics Services Market Revenue and Forecasts To 2028 (US$ Mn)
Figure 21. Middle East & Africa Metabolomics Services Market Revenue Overview, by Country, 2021 (US$ Mn)
Figure 22. Middle East & Africa Metabolomics Services Market Revenue and Forecasts to 2028, By Country (%)
Figure 23. UAE: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Saudi Arabia: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. South Africa: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. Rest of Middle East and Africa: Metabolomics Services Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- BASF SE
- biocrates life sciences ag
- Creative Proteomics
- Fred Hutchinson Cancer Research Center
- RTI International
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA Metabolomics Services market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA Metabolomics Services market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the Metabolomics Services market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution