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Saudi Arabia In-Vitro Diagnostics (IVD) Market (By Technology/Technique, Application, End User), Impact of COVID-19, Size, Share, Major Deals & Key Players Analysis - Forecast to 2027

  • ID: 5390140
  • Report
  • July 2021
  • Region: Saudi Arabia
  • 218 Pages
  • iGATE Research

FEATURED COMPANIES

  • Abbott
  • Biomerieux
  • Danaher Corporation
  • Roche
  • Siemens Healthineers
  • Sysmex Corporation

Saudi Arabia In-Vitro Diagnostics (IVD) market is predicted to reach US$ 1,242 Million by 2027. Saudi Arabia is the largest IVD market in the GCC region. As in other countries, Saudi Arabia is facing the challenges of fighting with infectious disease including HBV, TB, HCV, COVID-19 and HIV, as well as various chronic disease and cancer. In-vitro diagnostics (IVDs) play an important role in the detection of infectious diseases. In vitro diagnosis refers to the diagnosis of diseases or other condition of the human body through the collection, preparation, and testing of human samples with reagents, instruments, and systems. Due to the upsurge of the geriatric population and the high burden of chronic and infectious diseases, like diabetes, cancer, and COVID-19, the Saudi Arabia IVD market is slated to show significant growth, as these chronic disorders can be diagnosed and monitored using In-vitro diagnostics (IVD) products. Moreover, Saudi Arabia government is taking number of initiatives to improve the healthcare sector in the country. The Saudi Ministry of Health plans an expenditure of approximately SAR 23 Billion on the new initiatives within the industry of healthcare. Saudi Arabia government has set the target of privatizing 295 hospitals by 2030, under the Saudi Vision 2030 Plan. Furthermore, the government seeks to improve the country’s healthcare sector by adopting digital information systems.

Impact of COVID-19 on Saudi Arabia In-Vitro Diagnostics Market 
  
The COVID-19 outbreak has become a global stress test. The COVID–19 disease has infected around 193 Million people worldwide. Globally the death toll has reached 4,137,985 according to the latest statistics from the Worldometers (as of July 22, 2021). In Saudi Arabia, COVID–19 disease has infected around 513,284 people (as of July 22, 2021), and the death toll has reached 8,115. The number is still growing, and the duration of the pandemic is still difficult to predict. The COVID-19 outbreak has created a sense of urgency and panic among people globally. In this scenario, the in-vitro diagnostics forms the crux of increased testing. Manufacturers in the in-vitro diagnostic market are focusing on developing novel technologies for maximum testing within a minimum period. For instance, in April 2021, Sysmex Corporation obtained in vitro diagnostic approval for the manufacturing and marketing of the DetectAmp SARS-CoV-2 RT-PCR Kit, a SARS coronavirus nucleic acid kit that detects the RNA of the novel coronavirus (SARS-CoV-2). The novel coronavirus has accelerated the research and development activities in the in-vitro diagnostics market. Development and production in maximum numbers is the need of the hour. Therefore, quick approvals are proving to be the cherry on the cake for the growth of the in-vitro diagnostic market.  

By Technique/Technology - Saudi Arabia In-Vitro Diagnostics (IVD) Market Analysis

  • On technique/technology basis, Immunoassay and Clinical Chemistry are the leading segment of the Saudi Arabia IVD market. 
  • Self-Monitoring of Blood Glucose (SMBG) holds the 3rd spot in the Saudi Arabia IVD market in 2020.
  • Molecular Diagnostics is likely to account for double digit share of the Saudi Arabia IVD market by 2027. 
  • Hematology and Coagulation/Hemostasis segments are competing closely to grab maximum market share of the pie.
  • Point of Care Testing (POCT) market segment held least share of the Saudi Arabia IVD market.

By Application - Saudi Arabia In-Vitro Diagnostics (IVD) Market Analysis

  • On the basis of application, Infectious diseases and Diabetes are the leading segments of the Saudi Arabia IVD market. Together they contributed over 50% share of the total Saudi Arabia IVD market.
  • Oncology application accounted for 3rd highest share of the Saudi Arabia IVD market in 2020, followed by cardiovascular diseases segment.
  • Autoimmune Diseases was responsible for single digit share of the Saudi Arabia IVD market in 2020, while Nephrology application segment held least share of the Saudi Arabia IVD market.

By End Users - Saudi Arabia In-Vitro Diagnostics (IVD) Market Analysis

  • Government Labs & Hospitals was responsible for lion’s share of the Saudi Arabia IVD market in 2020.
  • In 2020, Private Labs & Hospitals contributed nearly a quarter to the overall Saudi Arabia IVD market.
  • Saudi Arabia government has set the target of privatizing 295 hospitals by 2030, under the Saudi Vision 2030 Plan.

Saudi Arabia IVD Market - Company Analysis

  • In June 2021, Thermo Fisher Scientific announced the launch of a new CE-IVD-marked COVID-19 test, The TaqPath COVID-19. 
  • In April 2021, Sysmex Corporation obtained IVD approval in Japan for the manufacturing and marketing of the DetectAmp SARS-CoV-2 RT-PCR Kit, a SARS coronavirus nucleic acid kit that detects the RNA of the novel coronavirus (SARS-CoV-2).
  • In April 2021, Siemens Healthineers completed the acquisition of Varian Medical Systems, Inc. 
  • In January 2021, Abbott received CE Mark for two new uses of its Panbio COVID-19 Ag Rapid Test Device for the detection of the SARS-CoV-2 virus: asymptomatic testing and self-swabbing. 
  • In January 2020, Roche entered into a 15-year, non-exclusive partnership with Illumina to broaden the adoption of distributable next-generation sequencing (NGS) based testing in oncology.  

This 218 Pages report with 58 Figures and 6 Tables has been analyzed from 9 View Points:

1) Saudi Arabia IVD Market and Forecast (2015 - 2027)
2) Impact of COVID-19 on Saudi Arabia IVD Market 
3) Saudi Arabia IVD Market Share and Forecast (2015 - 2027)
4) Saudi Arabia IVD Market & Forecast - By Technology/Technique (2015 - 2027)
5) Saudi Arabia IVD Market & Forecast - By Application (2015 - 2027)
6) Saudi Arabia IVD Market & Forecast - By End User (2015 - 2027)
7) Saudi Arabia IVD Market - Major Deals
8) Saudi Arabia IVD Market - Key Players Analysis (2013 - 2026)
9) Saudi Arabia IVD Industry Drivers & Challenges

By Technique/Technology - Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast

1. Immunoassay
2. Clinical Chemistry
3. Hematology
4. Coagulation/Hemostasis
5. Microbiology
6. Molecular Diagnostic
7. Self-Monitoring of Blood Glucose (SMBG)
8. Point of Care Testing (POCT)

By Application - Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast

1. Infectious Diseases
2. Cardiovascular Diseases
3. Diabetes
4. Oncology
5. Nephrology
6. Autoimmune Diseases
7. Others

By End User - Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast

  • Government Labs & Hospitals
  • Private Labs & Hospitals
  • Others

Saudi Arabia IVD Market - Key Players Analysis

1. Roche
2. Abbott
3. Sysmex Corporation
4. Danaher Corporation
5. Thermo Fischer Scientific
6. Siemens Healthineers
7. Biomerieux 

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott
  • Biomerieux
  • Danaher Corporation
  • Roche
  • Siemens Healthineers
  • Sysmex Corporation

1. Executive Summary

2. Impact of COVID-19 on Saudi Arabia IVD Market

3. Saudi Arabia
3.1 Population
3.2 Per Capita Healthcare Expenses
3.3 Healthcare Expenditure

4. Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast (2015 - 2027) 

5. Saudi Arabia In-Vitro Diagnostics (IVD) Market Share and Forecast (2015 - 2027) 
5.1 By Technique/Technology - Saudi Arabia In-Vitro Diagnostics (IVD) Market Share and Forecast
5.2 By Application - Saudi Arabia In-Vitro Diagnostics (IVD) Market Share and Forecast
5.3 By End User - Saudi Arabia In-Vitro Diagnostics (IVD) Market Share and Forecast

6. By Technique/Technology - Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast (2015 - 2027) 
6.1 Saudi Arabia - Immunoassay Market and Forecast
6.2 Saudi Arabia - Clinical Chemistry Market and Forecast
6.3 Saudi Arabia - Hematology Market and Forecast
6.4 Saudi Arabia - Coagulation/Hemostasis Market and Forecast
6.5 Saudi Arabia - Microbiology Market and Forecast
6.6 Saudi Arabia - Molecular Diagnostic Market and Forecast
6.7 Saudi Arabia - Self Monitoring of Blood Glucose (SMBG) Market and Forecast
6.8 Saudi Arabia - Point of Care Testing (POCT) Market and Forecast

7. By Application - Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast (2015 - 2027) 
7.1 Saudi Arabia - Infectious Diseases Market and Forecast
7.2 Saudi Arabia - Cardiovascular Diseases Market and Forecast
7.3 Saudi Arabia - Diabetes Market and Forecast
7.4 Saudi Arabia - Oncology Market and Forecast
7.5 Saudi Arabia - Nephrology Market and Forecast
7.6 Saudi Arabia - Autoimmune Diseases Market and Forecast
7.7 Saudi Arabia - Others Market and Forecast

8. By End User - Saudi Arabia In-Vitro Diagnostics (IVD) Market and Forecast (2015 - 2027) 
8.1 Saudi Arabia In-Vitro Diagnostics - Government Labs & Hospitals Market and Forecast
8.2 Saudi Arabia In-Vitro Diagnostics - Private Labs & Hospitals Market and Forecast
8.3 Saudi Arabia In-Vitro Diagnostics - Others Market and Forecast

9. In-Vitro Diagnostics (IVD) Market - Major Deals
9.1 2021
9.2 2020
9.3 2019
9.4 2018
9.5 2017
9.6 2016

10. Saudi Arabia IVD Market - Key Players Analysis (2013 - 2026) 
10.1 Roche
10.1.1 Company Overview
10.1.2 Initiatives/Recent Developments
10.1.3 Sales Analysis
10.2 Abbott
10.2.1 Company Overview
10.2.2 Initiatives/Recent Developments
10.2.3 Sales Analysis
10.3 Sysmex Corporation
10.3.1 Company Overview
10.3.2 Initiatives/Recent Developments
10.3.3 Sales Analysis
10.4 Danaher Corporation
10.4.1 Company Overview
10.4.2 Initiatives/Recent Developments
10.4.3 Sales Analysis
10.5 Thermo Fischer Scientific
10.5.1 Company Overview
10.5.2 Initiatives/Recent Developments
10.5.3 Sales Analysis
10.6 Siemens Healthineers
10.6.1 Company Overview
10.6.2 Initiatives/Recent Developments
10.6.3 Sales Analysis
10.7 Biomerieux
10.7.1 Company Overview
10.7.2 Initiatives/Recent Developments
10.7.3 Sales Analysis

11. Saudi Arabia In-Vitro Diagnostics (IVD) Market - Driving Factors
11.1 Government Initiatives Drives In-Vitro Diagnostics (IVD) Market
11.2 Rising Incidence of Various Infectious and Chronic Diseases
11.3 Expanding Elderly Population Segment
11.4 Technology Advancement Spurring the IVD Market

12. Saudi Arabia In-Vitro Diagnostics (IVD) Market - Challenges
12.1 Regulatory Requirements and Stringent Policies
12.2 Lack of Research Focus

List of Figures:
Figure 3-1: Saudi Arabia Population (Million), 2015 - 2020
Figure 3-2: Forecast for Saudi Arabia Population (Million), 2021 - 2027
Figure 3-3: Saudi Arabia - Per Capita Healthcare Expenses (US$), 2015 - 2020
Figure 3-4: Saudi Arabia - Forecast for Per Capita Healthcare Expenses (US$), 2021 - 2027
Figure 3-5: Saudi Arabia - Healthcare Expenditure (Billion US$), 2015 - 2020
Figure 3-6: Saudi Arabia - Forecast for Healthcare Expenditure (Billion US$), 2021 - 2027
Figure 4-1: Saudi Arabia In-Vitro Diagnostics (IVD) Market (Million US$), 2015 - 2020
Figure 4-2: Forecast for Saudi Arabia In-Vitro Diagnostics (IVD) Market (Million US$), 2021 - 2027
Figure 6-1: Saudi Arabia - Immunoassay Market (Million US$), 2015 - 2020
Figure 6-2: Saudi Arabia - Forecast for Immunoassay Market (Million US$), 2021 - 2027
Figure 6-3: Saudi Arabia - Clinical Chemistry Market (Million US$), 2015 - 2020
Figure 6-4: Saudi Arabia - Forecast for Clinical Chemistry Market (Million US$), 2021 - 2027
Figure 6-5: Saudi Arabia - Hematology Market (Million US$), 2015 - 2020
Figure 6-6: Saudi Arabia - Forecast for Hematology Market (Million US$), 2021 - 2027
Figure 6-7: Saudi Arabia - Coagulation/Hemostasis Market (Million US$), 2015 - 2020
Figure 6-8: Saudi Arabia - Forecast for Coagulation/Hemostasis Market (Million US$), 2021 - 2027
Figure 6-9: Saudi Arabia - Microbiology Market (Million US$), 2015 - 2020
Figure 6-10: Saudi Arabia - Forecast for Microbiology Market (Million US$), 2021 - 2027
Figure 6-11: Saudi Arabia - Molecular Diagnostic Market (Million US$), 2015 - 2020
Figure 6-12: Saudi Arabia - Forecast for Molecular Diagnostic Market (Million US$), 2021 - 2027
Figure 6-13: Saudi Arabia - Self-Monitoring of Blood Glucose (SMBG) Market (Million US$), 2015 - 2020
Figure 6-14: Saudi Arabia - Forecast for Self-Monitoring of Blood Glucose (SMBG) Market (Million US$), 2021 - 2027
Figure 6-15: Saudi Arabia - Point of Care Testing (POCT) Market (Million US$), 2015 - 2020
Figure 6-16: Saudi Arabia - Forecast for Point of Care Testing (POCT) Market (Million US$), 2021 - 2027
Figure 7-1: Saudi Arabia - Infectious Diseases Market (Million US$), 2015 - 2020
Figure 7-2: Saudi Arabia - Forecast for Infectious Diseases Market (Million US$), 2021 - 2027
Figure 7-3: Saudi Arabia - Cardiovascular Diseases Market (Million US$), 2015 - 2020
Figure 7-4: Saudi Arabia - Forecast for Cardiovascular Diseases Market (Million US$), 2021 - 2027
Figure 7-5: Saudi Arabia - Diabetes Market (Million US$), 2015 - 2020
Figure 7-6: Saudi Arabia - Forecast for Diabetes Market (Million US$), 2021 - 2027
Figure 7-7: Saudi Arabia - Oncology Market (Million US$), 2015 - 2020
Figure 7-8: Saudi Arabia - Forecast for Oncology Market (Million US$), 2021 - 2027
Figure 7-9: Saudi Arabia - Nephrology Market (Million US$), 2015 - 2020
Figure 7-10: Saudi Arabia - Forecast for Nephrology Market (Million US$), 2021 - 2027
Figure 7-11: Saudi Arabia - Autoimmune Diseases Market (Million US$), 2015 - 2020
Figure 7-12: Saudi Arabia - Forecast for Autoimmune Diseases Market (Million US$), 2021 - 2027
Figure 7-13: Saudi Arabia - Others Market (Million US$), 2015 - 2020
Figure 7-14: Saudi Arabia - Forecast for Others Market (Million US$), 2021 - 2027
Figure 8-1: Saudi Arabia IVD - Government Labs & Hospitals Market (Million US$), 2015 - 2020
Figure 8-2: Saudi Arabia IVD - Forecast for Government Labs & Hospitals Market (Million US$), 2021 - 2027
Figure 8-3: Saudi Arabia IVD - Private Labs & Hospitals Market (Million US$), 2015 - 2020
Figure 8-4: Saudi Arabia IVD - Forecast for Private Labs & Hospitals Market (Million US$), 2021 - 2027
Figure 8-5: Saudi Arabia IVD - Others Market (Million US$), 2015 - 2020
Figure 8-6: Saudi Arabia IVD - Forecast for Others Market (Million US$), 2021 - 2027
Figure 10-1: Roche Diagnostics - Global Sales (Million US$), 2013 - 2020
Figure 10-2: Roche Diagnostics - Forecast for Global Sales (Million US$), 2021 - 2026
Figure 10-3: Abbott Laboratories - Global Diagnostics Sales (Million US$), 2013 - 2020
Figure 10-4: Abbott Laboratories - Forecast for Global Diagnostics Sales (Million US$), 2021 - 2026
Figure 10-5: Sysmex Corporation - Global Diagnostics Sales (Million US$), 2014 - 2020
Figure 10-6: Sysmex Corporation - Forecast for Global Diagnostics Sales (Million US$), 2021 - 2026
Figure 10-7: Danaher Corporation - Global Diagnostics Sales (Million US$), 2014 - 2020
Figure 10-8: Danaher Corporation - Forecast for Global Diagnostics Sales (Million US$), 2021 - 2026
Figure 10-9: Thermo Fisher Scientific - Global Diagnostics Sales (Million US$), 2013 - 2020
Figure 10-10: Thermo Fisher Scientific - Forecast for Global Diagnostics Sales (Million US$), 2021 - 2026
Figure 10-11: Siemens Healthineers - Global Diagnostics Sales (Million US$), 2013 - 2020
Figure 10-12: Siemens Healthineers - Forecast for Global Diagnostics Sales (Million US$), 2021 - 2026
Figure 10-13: bioMérieux - Global Diagnostics Sales (Million US$), 2015 - 2020
Figure 10-14: bioMérieux - Forecast for Global Diagnostics Sales (Million US$), 2021 - 2026

List of Tables:
Table 5-1: By Technique/Technology - Saudi Arabia In-Vitro Diagnostics (IVD) Market Share (Percent), 2015 - 2020
Table 5-2: By Technique/Technology - Forecast for Saudi Arabia In-Vitro Diagnostics (IVD) Market Share (Percent), 2021 - 2027
Table 5-3: By Application - Saudi Arabia In-Vitro Diagnostics (IVD) Market Share (Percent), 2015 - 2020
Table 5-4: By Application - Forecast for Saudi Arabia In-Vitro Diagnostics (IVD) Market Share (Percent), 2021 - 2027
Table 5-5: By End User - Saudi Arabia In-Vitro Diagnostics (IVD) Market Share (Percent), 2015 - 2020
Table 5-6: By End User - Forecast for Saudi Arabia In-Vitro Diagnostics (IVD) Market Share (Percent), 2021 - 2027"

Note: Product cover images may vary from those shown
  • Abbott
  • Biomerieux
  • Danaher Corporation
  • Roche
  • Siemens Healthineers
  • Sysmex Corporation
  • Thermo Fischer Scientific
Note: Product cover images may vary from those shown
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