DUBLIN--(BUSINESS WIRE)--The "Middle East & Africa Diagnostic Labs Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - By Lab Type, Testing Services and Revenue Source" report has been added to ResearchAndMarkets.com's offering.
The Middle East & Africa diagnostic labs market is expected to grow from US$ 11.39 billion in 2022 to US$ 17.43 billion by 2028. It is estimated to grow at a CAGR of 7.4% from 2022 to 2028.
The health-tech era took off and transformed the healthcare segment to unimaginable levels. Since then, various start-ups have emerged that have revolutionized the industry with innovations such as telemedicine, teleconsultation, and, in particular, diagnostic solutions. Diagnostics labs form the backbone of healthcare.
Technology adoption is essential to meet the increasing consumer demand and have a competitive advantage in the market. In light of this, industry players are harnessing the power of technology to offer new generation healthcare solutions. The technology used in diagnostic labs is rapidly moving toward complete transformation with the help of the latest developments in artificial intelligence (AI) and machine learning (ML).
From developing accurate and efficient diagnostic solutions to adapting to technological interventions, various forward-thinking R&D teams are already working to develop newer and simpler blood analysis and diagnosis methods.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa diagnostic labs market growth at a notable CAGR during the forecast period.
Middle East & Africa Diagnostic Labs Market Segmentation
The Middle East & Africa diagnostic labs market is segmented on the basis of lab type, testing services, revenue source, and country.
- Based on lab type, the market is segmented into single/independent laboratories, hospital-based labs, physician office labs, and others.
- Based on testing services, the market is divided into physiological function testing, covid-19 testing, general and clinical testing, esoteric testing, specialized testing, non-invasive prenatal testing, and others. By physiological testing services, the market is segmented into ECG, Echo, X-ray, endoscopy, CT, MRI, and others.
- Based on revenue source, the market is divided into healthcare plan operators and insurers, out-of-pocket, and public systems.
- Based on country, the regional market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of the MEA.
Key Topics Covered:
1. Introduction
2. Middle East & Africa Diagnostic Labs Market - Key Takeaways
3. Research Methodology
4. Middle East & Africa Diagnostic Labs Market - Market Landscape
5. Middle East & Africa Diagnostic Labs Market - Key Market Dynamics
6. Middle East & Africa Diagnostic Labs Market - Market Analysis
7. Middle East & Africa Diagnostic Labs Market Revenue and Forecast to 2028 - by Lab Type
8. Middle East & Africa Diagnostic Labs Market Revenue and Forecast to 2028 - by Testing Services
9. Middle East & Africa Diagnostic Labs Market Revenue and Forecast to 2028 - by Revenue Source
10. Middle East & Africa Diagnostic Labs Market Revenue and Forecast to 2028- by Country
11. Middle East & Africa Diagnostic Labs Market -Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- Quest Diagnostics Incorporated
- Eurofins Scientific
- Exact Sciences Laboratories LLC
- SYNLAB International GmbH
- Dasa Labs
- Bio Reference
- Sonic Healthcare Limited
- Healius Limited
For more information about this report visit https://www.researchandmarkets.com/r/304pgc