The Middle East & Africa rapid test kit market was valued at US$ 849.64 million in 2022 and is expected to reach US$ 1,174.76 million by 2030; it is estimated to record a CAGR of 4.1% from 2022 to 2030.
Innovations in Rapid Antigen Tests Boost Middle East & Africa Rapid Test Kit Market
Operations of multiplex rapid antigen tests are based on multicolored nanoparticles and cross-reactive antibodies, and these test kits can be developed at low costs. When various respiratory pathogens are circulating simultaneously in a host body, rapid multiplex diagnostic testing helps healthcare providers supervise their patients with greater effectiveness. These tests can help avoid misdiagnosis that is possible due to overlapping clinical symptoms. By eliminating diagnostic uncertainty, they help healthcare providers make apt decisions about the commencement and discontinuation of antimicrobial therapies. Compared to single specimen antigen tests kits, multiplex rapid antigen tests kits can detect many respiratory viruses from a single specimen, without compromising on the quality of results. Thus, innovations such as multiplex rapid antigen tests are emerging as future trends in the rapid test kits market.
Middle East & Africa Rapid Test Kit Market Overview
The Saudi Arabia rapid test kits market is growing at a fast pace, driven by a huge population base and the increase in the prevalence of infectious diseases. According to WHO, influenza and pneumonia deaths reached 4.58% of total deaths in the country. To address the growing number of influenza cases, the Public Health Laboratory in Saudi Arabia fulfilled all the requirements by WHO to be recognized as a national influenza center for Saudi Arabia. According to Gulf News, 3,367 people were infected with malaria in Saudi Arabia in 2020.
According to the International Diabetes Federation (IDF), in Saudi Arabia, the total cases of diabetes in adults was 4.27 million in 2021. Thus, the growing cases of diabetes is anticipated to propel the growth of the rapid test kits market in the country.
Middle East & Africa Rapid Test Kit Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Rapid Test Kit Market Segmentation
The Middle East & Africa rapid test kit market is segmented based on type, product, technology, application, end user, and country. Based on type, the Middle East & Africa rapid test kit market is segmented into rapid antigen testing, rapid antibody testing, and others. The rapid antigen testing segment held the largest market share in 2022.
In terms of product, the Middle East & Africa rapid test kit market is bifurcated into over-the-counter rapid testing kit and professional rapid testing kit. The over-the-counter rapid testing kit segment held a larger market share in 2022.
By technology, the Middle East & Africa rapid test kit market is segmented into lateral flow assay, solid phase, agglutination, immunospot assay, and cellular component-based. The lateral flow assay segment held the largest market share in 2022.
Based on application, the Middle East & Africa rapid test kit market is categorized into blood glucose testing, infectious disease testing, pregnancy and fertility, cardiometabolic testing, and others. The blood glucose testing segment held the largest market share in 2022.
In terms of end user, the Middle East & Africa rapid test kit market is segmented into hospital and clinics, home care, diagnostics centers, and others. The hospital and clinics segment held the largest market share in 2022.
Based on country, the Middle East & Africa rapid test kit market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa rapid test kit market share in 2022.
F. Hoffmann-La Roche Ltd, Becton Dickinson and Co, ARKRAY Inc, Fujirebio Europe NV, bioMerieux SA, Cepheid, Meril Life Sciences Pvt Ltd, QIAGEN NV, Guangzhou Wondfo Biotech Co Ltd, Abbott Laboratoriess, Premier Medical Corp Pvt Ltd, Bio-Rad Laboratories Inc, Hologic Inc, DiaSorin SpA, and Beckman Coulter Inc are some of the leading players operating in the Middle East & Africa rapid test kit market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 849.64 Million |
| Market Size by 2030 | US$ 1,174.76 Million |
| CAGR (2022 - 2030) | 4.1% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
1. F. Hoffmann-La Roche Ltd
2. Becton Dickinson and Co
3. ARKRAY Inc
4. Fujirebio Europe NV
5. bioMerieux SA
6. Cepheid
7. Meril Life Sciences Pvt Ltd
8. QIAGEN NV
9. Guangzhou Wondfo Biotech Co Ltd
10. Abbott Laboratories
11. Bio-Rad Laboratories Inc
12. Hologic Inc
13. Premier Medical Corp Pvt Ltd
14. DiaSorin SpA
15. Beckman Coulter Inc
The Middle East & Africa Rapid Test Kit Market is valued at US$ 849.64 Million in 2022, it is projected to reach US$ 1,174.76 Million by 2030.
As per our report Middle East & Africa Rapid Test Kit Market, the market size is valued at US$ 849.64 Million in 2022, projecting it to reach US$ 1,174.76 Million by 2030. This translates to a CAGR of approximately 4.1% during the forecast period.
The Middle East & Africa Rapid Test Kit 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 Rapid Test Kit Market report:
The Middle East & Africa Rapid Test Kit Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Rapid Test Kit Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Rapid Test Kit Market value chain can benefit from the information contained in a comprehensive market report.
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