Middle East and Africa Lab Supplies Market, By Type (Consumables, Product/Devices and Accessories) - Industry Trends and Forecast to 2031.
Middle East and Africa Lab Supplies Market Analysis and Size
The rising need for laboratory supplies for drug development and quality control is the key factor fuelling the expansion of the lab supplies market. The increasing investments in healthcare infrastructure and medical research is driving the market's expansion.
Data Bridge Market Research analyses that the Middle East and Africa lab supplies market is expected to reach USD 4.16 billion by 2031, from USD 2.68 billion in 2023, growing with a CAGR of 5.7% in the forecast period of 2024 to 2031. The growing need for scientific and medical research instruments across a range of industries is expected to drive the Middle East and Africa lab supplies market.
The Middle East and Africa lab supplies market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion
|
|
Segments Covered
|
Type (Consumables, Product/Devices and Accessories)
|
|
Countries Covered
|
South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Algeria, Morocco, Kuwait, Uganda, Kenya, Nigeria, Zambia, Botswana, Namibia, and Rest of Middle East and Africa
|
|
Market Players Covered
|
Beckman Coulter, Inc., Scientific (Pty) Ltd., Agilent Technologies, Inc., Sartorius Ag, Eppendorf Se, Andreas Hettich Gmbh & Co. Kg, Bellco Glass, Bio-Rad Laboratories, Inc., Brand Gmbh + Co Kg, Dwk Life Sciences, Merck Kgaa, Perkinelmer Inc., Thermo Fisher Scientific Inc., Waters Corporation, Vitlab Gmbh, Rse Projects, 21.1.17 B&M Scientific, Bioevopeak Co., Ltd., Ika, Lssafrica, Mettler-Toledo International Inc., Rauserv C.C., Esco Micro Pte. Ltd., Sigma Laborzentrifugen Gmbh, 3M, and Bionics Scientific
|
Market Definition
The market for lab supplies includes a wide range of goods that are necessary for industrial laboratory operations, clinical diagnostics, and scientific research. Consumables such as pipettes, reagents, and glassware are included since they are essential to daily experimental operations. Sturdy apparatus like incubators, spectrophotometers, and centrifuges enable accurate measurements and controlled settings. This market, which serves the biotechnology, pharmaceutical, healthcare, academic, and environmental testing sectors, makes sure labs have the resources they need for investigations, analyses, and quality control procedures, promoting improvements in science, technology, and medical fields.
Middle East and Africa Lab Supplies Market Dynamics:
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Increasing investments in healthcare infrastructure and medical research
The Middle East and Africa region has seen an unprecedented surge in investments aimed at bolstering healthcare infrastructure and advancing medical research. This surge is driven by both government initiatives and private sector involvement, recognizing the need to improve healthcare outcomes and achieve global standards in medical services and research capabilities.
The government-led initiatives often include Public-Private Partnerships (PPPs) to leverage private sector expertise and funding. Such collaborations are crucial for the rapid development of healthcare infrastructure and ensure the integration of cutting-edge technologies in healthcare delivery and medical research.
The influx of investments in healthcare infrastructure directly impacts the laboratory supplies market. Modern healthcare facilities require sophisticated laboratory equipment and consumables to support diagnostic, therapeutic, and research activities. Advanced diagnostic laboratories are essential for accurate disease diagnosis, treatment planning, and monitoring, necessitating a steady supply of high-quality laboratory instruments and consumables. In addition, medical research centers need specialized laboratory supplies for various research activities, including drug discovery, genetic research, and clinical trials. The expansion of research activities in the Middle East and Africa region is fuelling the demand for laboratory equipment, reagents, chemicals, and other consumables, thereby driving market growth.
- Rising need for laboratory supplies for drug development and quality control
Drug development is a complex and multi-stage process that involves the discovery, testing, and approval of new drugs. This process requires extensive laboratory testing to identify potential drug candidates, optimize their formulations, and assess their safety and efficacy. Advanced laboratory equipment, such as high-throughput screening systems, automated liquid handling systems, and analytical instruments, are essential for conducting these tests efficiently and accurately.
Quality control is a critical aspect of pharmaceutical manufacturing. It involves testing raw materials, intermediate products, and finished drugs to ensure they meet stringent quality standards and regulatory requirements. Laboratories play a vital role in conducting these tests, using a wide range of equipment and consumables, including chromatography systems, spectrophotometers, and microbiological testing kits
The need for laboratory supplies for drug development and quality control is a significant driver of the laboratory supplies market in the Middle East and Africa region. The growth of the pharmaceutical and biotechnology sectors, coupled with stringent regulatory requirements, is creating a robust demand for advanced laboratory supplies and consumables
Opportunity
- Introduction of advanced laboratory equipment and automation
The introduction of advanced laboratory equipment and automation presents a significant opportunity for the laboratory supplies market in the Middle East and Africa region. Technological advancements in laboratory instruments and automation systems are revolutionizing the way diagnostic and research activities are conducted, offering enhanced accuracy, efficiency, and scalability.
In recent years, there have seen remarkable progress in laboratory technologies. Innovations such as Next-Generation Sequencing (NGS), digital PCR, high-throughput screening, and automated liquid handling systems have transformed laboratory operations. These technologies enable faster, more accurate, and high-throughput analysis, reducing the time and cost associated with traditional laboratory processes.
The adoption of automation in laboratories offers numerous benefits. Automated systems enhance operational efficiency by performing tasks faster and more accurately than manual processes. This increased efficiency allows laboratories to handle higher volumes of samples, meeting the growing demand for diagnostic and research services.
Restraint/Challenge
- Complex and varying regulatory requirements across different countries
Navigating the complex and varying regulatory requirements across different countries in the Middle East and Africa region is a significant challenge for companies operating in the laboratory supplies market. Each country has its own set of regulations governing the import, distribution, and use of laboratory supplies, creating a complex regulatory landscape that companies must navigate to ensure compliance.
The regulatory frameworks in the Middle East and Africa region are diverse and often vary significantly from one country to another. These regulations cover various aspects of the laboratory supplies market, including product registration, import licenses, quality standards, and safety requirements. Companies must thoroughly understand and comply with these regulations to operate legally in each country. In some countries, the regulatory processes are well-defined and streamlined, while in others, they can be cumbersome and time-consuming. The lack of harmonization among regulatory requirements poses a significant challenge for companies looking to expand their operations across multiple countries in the region.
Recent Developments
- In June 2024, Thermo Fisher Scientific has expanded its clinical research laboratory in Kentucky, signaling a significant enhancement in its capabilities and resources. This expansion strengthens Thermo Fisher's commitment to advancing clinical research by bolstering infrastructure and capacity in a key location. The increased facility size and upgraded equipment will enable more efficient operations and support accelerated innovation in healthcare solutions. By expanding its footprint in Kentucky, Thermo Fisher enhances its ability to meet growing demand for clinical research services, positioning itself as a leader in delivering high-quality laboratory solutions that contribute to advancements in medical diagnostics and treatments
- In March 2024, Eppendorf has expanded its environmentally friendly product lineup with three new additions receiving My Green Lab's ACT label. This recognition highlights over 150 Eppendorf products for sustainability, including the Multipette® M4 multi-dispenser, ThermoMixer© C, and Mastercycler® X40. Manufactured in Germany with 100% renewable energy, these products reflect Eppendorf's commitment to eco-friendly practices, including ISO 14001 certification and recycled packaging materials, ensuring high standards of environmental stewardship in laboratory equipment
- In June 2024, Sartorius AG launched the Arium® Mini Extend, a compact Type 1 water purification system with a flexible dispenser. The new model's ergonomic design and user-friendly interface enhanced laboratory workflows, benefiting the company's product portfolio and market presence
- In September 2022, Bioevopeak achieved EU CE certification for its Air Generator & Tester following rigorous testing and verification by authoritative agencies. This certification signifies compliance with EU directives and international standards, marking a significant milestone in ensuring the safety and quality of Bioevopeak's products for the global market. As a dedicated innovator in the laboratory field, Bioevopeak remains committed to enhancing its research, development, and innovation efforts to advance smarter, more accurate, and safer laboratory solutions worldwide
- In 2023, IKA's HABITAT research bioreactor won the iF Design Award, standing out among nearly 11,000 products submitted. The innovative bioreactor impressed the 133-member jury of the iF International Forum Design GmbH, the world's oldest independent design institution, by demonstrating that even highly complex devices can be easy and enjoyable to use. As the first laboratory bioreactor with a lid stand, it enhances user experience by reducing handling, ensuring ergonomic operation, and maintaining a tidy laboratory environment
Middle East and Africa Lab Supplies Market Scope
The Middle East and Africa lab supplies market is segmented into one notable segment based on type. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Consumables
- Product/Devices
- Accessories
On the basis of type, the Middle East and Africa lab supplies market is segmented into consumables, product/devices, and accessories.
Middle East and Africa Lab Supplies Market Regional Analysis/Insights
The Middle East and Africa lab supplies market is segmented on the basis of type.
The countries covered in the Middle East and Africa lab supplies market are South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Algeria, Morocco, Kuwait, Uganda, Kenya, Nigeria, Zambia, Botswana, Namibia, and rest of Middle East and Africa.
South Africa is expected to dominate the Middle East and Africa lab supplies market due to its advanced research infrastructure, high demand for laboratory equipment, strong industrial base, and robust distribution networks, positioning it as a key player in the region.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Lab Supplies Market Share Analysis
The Middle East and Africa lab supplies market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the Middle East and Africa lab supplies market.
Some of the prominent participants operating in the Middle East and Africa lab supplies market are Beckman Coulter, Inc., Scientific (Pty) Ltd., Agilent Technologies, Inc., Sartorius Ag, Eppendorf Se, Andreas Hettich Gmbh & Co. Kg, Bellco Glass, Bio-Rad Laboratories, Inc., Brand Gmbh + Co Kg, Dwk Life Sciences, Merck Kgaa, Perkinelmer Inc., Thermo Fisher Scientific Inc., Waters Corporation, Vitlab Gmbh, Rse Projects, 21.1.17 B&M Scientific, Bioevopeak Co., Ltd., Ika, Lssafrica, Mettler-Toledo International Inc., Rauserv C.C., Esco Micro Pte. Ltd., Sigma Laborzentrifugen Gmbh, 3M, and Bionics Scientific among others.
SKU-