South Africa Blood Cancer Diagnostics Market Size & Outlook
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South Africa blood cancer diagnostics market highlights
- The South Africa blood cancer diagnostics market generated a revenue of USD 129.3 million in 2024 and is expected to reach USD 173.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5% from 2025 to 2030.
- In terms of segment, assay kits and reagents was the largest revenue generating product in 2024.
- Assay Kits and Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Blood cancer diagnostics market data book summary
| Market revenue in 2024 | USD 129.3 million |
| Market revenue in 2030 | USD 173.4 million |
| Growth rate | 5% (CAGR from 2025 to 2030) |
| Largest segment | Assay kits and reagents |
| Fastest growing segment | Assay Kits and Reagents |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Assay Kits and Reagents |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global blood cancer diagnostics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa blood cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 73.2 million by 2030.
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SkylineDx | View profile | 11-50 | Rotterdam, Zuid-Holland, The Netherlands, Europe | http://www.skylinedx.com/ |
| Invivoscribe, Inc. | View profile | 251-500 | San Diego, California, United States, North America | https://www.invivoscribe.com |
| Abbott | View profile | - | - | - |
| QIAGEN | View profile | - | - | - |
| Danaher Corporation | View profile | - | - | - |
| Adaptive Biotechnologies | View profile | 501-1000 | Seattle, Washington, United States, North America | http://adaptivebiotech.com |
| Sophia Genetics SA | View profile | 449 | La Pièce 12, Rolle, Switzerland, CH-1180 | https://www.sophiagenetics.com |
| Bio-Techne Corp | View profile | 3050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | https://www.bio-techne.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
South Africa blood cancer diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blood cancer diagnostics market will help companies and investors design strategic landscapes.
Assay kits and reagents was the largest segment with a revenue share of 72.93% in 2024. Horizon Databook has segmented the South Africa blood cancer diagnostics market based on instruments, assay kits and reagents covering the revenue growth of each sub-segment from 2018 to 2030.
The market is driven by high prevalence of blood cancer. Every 5 minutes in South Africa someone is diagnosed with blood cancer. Various government-backed awareness programs are driving the adoption of diagnostic procedures among the population.
For instance, the “Make Blood Cancer Visible” campaign highlights the alarming statistics surrounding blood cancer in South Africa, where over 10,000 new cases are diagnosed every year. The initiative encourages patients to be aware of the signs and symptoms of blood cancer, such as unexplained fatigue, weight loss, & bruising, and to seek medical help if they experience any unusual symptoms.
By increasing awareness and reducing the stigma surrounding blood cancer, Janssen aims to empower patients to take control of their health and seek timely treatment. In May 2021, DKMS Africa, a nonprofit organization, launched its operations in Africa to improve the chances of a match for patients with blood cancer in need of a bone marrow transplant.
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Target buyers of South Africa blood cancer diagnostics market databook
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Our clientele includes a mix of blood cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa blood cancer diagnostics market size, by test, 2018-2030 (US$M)
South Africa Blood Cancer Diagnostics Market Outlook Share, 2024 & 2030 (US$M)
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