Market Introduction
Polymerase chain reaction (PCR) is used for accurate point of care diagnostics that help rapidly identify and determine the cause of respiratory tract infections. In addition, PCR is widely preferred in inpatient and outpatient settings that help enhance the growth of the market in recent years.
Market Overview and Dynamics
The Middle East and Africa PCR for respiratory infection diagnostics market is expected to reach US$ 1,515.94 million by 2028 from US$ 737.47 million in 2021; it is estimated to grow at a CAGR of 8.6% from 2021 to 2028. The growth of the market is attributed to some of the key driving factors, such as increasing burden of chronic respiratory diseases (CRDs) and increasing use of PCR testing for various respiratory infection diagnostics. However, availability of alternative assays is the major factor hindering the market growth.
Chronic respiratory diseases (CRDs) are among the leading causes of morbidity globally due to the heavy consumption of tobacco. For instance, according to the National Health Services, in England, nearly one in five people is affected by a respiratory disease, and respiratory diseases is the third leading cause of deaths. The burden of CRDs is expected to increase in the future due to poor air quality, addiction to smoking, and rise in geriatric population is more prone to COPD and lung cancer. Moreover, programs initiated in the countries to improve treatment and support the people living with respiratory diseases are likely to increase the demand for PCR for the diagnosis of respiratory diseases. This will lead to the market growth during the forecast period. PCR testing is the gold standard for detecting respiratory infectious diseases, including SARS-CoV-2. Also, the growing developments in PCR are not limited to the COVID-19 testing. The continuous technological developments have allowed researchers to develop advanced PCR techniques at a reduced cost and limit their complexities. In addition, PCR testing is significantly used in institutions such as nursing homes, chronic care facilities, and hospitals for identifying influenza virus infection that causes respiratory outbreaks. Therefore, various companies are offering PCR kits that can detect the presence of pathogens that cause respiratory diseases. Apart from the increasing incidence of acute and chronic respiratory diseases, other factors such as environmental and climatic conditions, air pollution, and discoveries of novel bacteria, viruses, and pathogens are likely to serve as vital growth opportunities for PCR testing for respiratory infection diagnostics in the future.
The Middle Eastern economy is seriously hit due to the exponential growth of COVID-19 cases in the region. The rising occurrence rate of coronavirus results in increased stress on the region's healthcare system, which is also rising the demand for diagnostic tests in its healthcare system, supporting the expansion of the sector in this region. Several manufacturers are developing advanced PCR test kits and systems for the detection of the novel COVID-19 virus. As the coronavirus increases, millions of people will need testing. Thus, high throughput molecular testing is expected to play a central role in the future management of the COVID-19 pandemic. Therefore, the need for early detection of respiratory infection diseases is thought to be propelling the Middle Eastern PCR for respiratory infection diagnostics market growth during the forecast period.
Key Market Segments
Based on type, the Middle East and Africa PCR for respiratory infection diagnostics market is segmented into real time PCR (qPCR), traditional PCR, reverse-transcriptase (RT-PCR), digital PCR, multiplex PCR, and others. The real-time PCR (qPCR) segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on product type, the Middle East and Africa PCR for respiratory infection diagnostics market is segmented into reagents and kits, instruments, and others. The reagents and kits segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on infection type, the Middle East and Africa PCR for respiratory infection diagnostics market is segmented into bacterial infection, viral infection, and fungal & other pathogens. In 2021, viral infections segment held the largest share of the market and is estimated to register the highest CAGR in the market during the forecast period.
Based on end user, the Middle East and Africa PCR for respiratory infection diagnostics market is segmented into hospitals, physician clinics, clinical laboratories, academic and research institutions, biotech and pharma companies, and others. In 2020, clinical laboratories segment held the largest share of the market and is estimated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the Middle East and Africa PCR for respiratory infection diagnostics market are Centers for Disease Control and Prevention (CDC), Gulf Co-operation Council and World Health Organization (WHO).
Reasons to buy the report
MIDDLE EAST AND AFRICA PCR FOR RESPIRATORY INFECTION DIAGNOSTICS MARKET SEGMENTATION
By Type
By Product Type
By Infection Type
By End User
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 737.47 Million |
| Market Size by 2028 | US$ 1,515.94 Million |
| CAGR (2021 - 2028) | 8.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa PCR for Respiratory Infection Diagnostics Market is valued at US$ 737.47 Million in 2021, it is projected to reach US$ 1,515.94 Million by 2028.
As per our report Middle East and Africa PCR for Respiratory Infection Diagnostics Market, the market size is valued at US$ 737.47 Million in 2021, projecting it to reach US$ 1,515.94 Million by 2028. This translates to a CAGR of approximately 8.6% during the forecast period.
The Middle East and Africa PCR for Respiratory Infection Diagnostics 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 and Africa PCR for Respiratory Infection Diagnostics Market report:
The Middle East and Africa PCR for Respiratory Infection Diagnostics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa PCR for Respiratory Infection Diagnostics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa PCR for Respiratory Infection Diagnostics Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)