Uae Oncology Companion Diagnostic Market Size & Outlook
The oncology companion diagnostic market in the UAE is expected to reach a projected revenue of US$ 31.5 million by 2030. A compound annual growth rate of 8.6% is expected of the UAE oncology companion diagnostic market from 2024 to 2030.
In terms of revenue, UAE accounted for 0.4% of the global oncology companion diagnostic market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, Saudi Arabia oncology companion diagnostic 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 31.5 million by 2030.
Moreover, the UAE is one of the leading contributors to the cancer burden in the MEA. According to UAE National Cancer Registry in 2019, the country reported over 4,633 new cancer cases, of which 4,381 were malignant and 252 were in situ cases.
Hence, the high disease burden in the country is expected to fuel the demand for new cancer testing laboratories with advanced diagnostic tests. Several favorable strategic initiatives have been undertaken in the country.
In June 2022, the Department of Health, Abu Dhabi, in partnership with Mohamed bin Zayed University of Artificial Intelligence, NYU Abu Dhabi, Cleveland Clinic Abu Dhabi, Mubadala Health, and G42 Healthcare, launched the region's first Personalized Precision Medicine Programmed for oncology. This initiative leveraged advanced AI technologies to enhance the diagnosis, treatment, and prevention of breast cancer, positioning Abu Dhabi as a leader in medical innovation.
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 Oncology Companion Diagnostic Market Outlook will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 66.67% in 2023.
Horizon Databook has segmented the Uae oncology companion diagnostic market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
Moreover, the UAE is one of the leading contributors to the cancer burden in the MEA. According to UAE National Cancer Registry in 2019, the country reported over 4,633 new cancer cases, of which 4,381 were malignant and 252 were in situ cases.
Hence, the high disease burden in the country is expected to fuel the demand for new cancer testing laboratories with advanced diagnostic tests. Several favorable strategic initiatives have been undertaken in the country.
In June 2022, the Department of Health, Abu Dhabi, in partnership with Mohamed bin Zayed University of Artificial Intelligence, NYU Abu Dhabi, Cleveland Clinic Abu Dhabi, Mubadala Health, and G42 Healthcare, launched the region's first Personalized Precision Medicine Programmed for oncology. This initiative leveraged advanced AI technologies to enhance the diagnosis, treatment, and prevention of breast cancer, positioning Abu Dhabi as a leader in medical innovation.
Uae Oncology Companion Diagnostic Market Product & Service Outlook (Revenue, USD Million , 2018-2030)
Product
Service
Uae Oncology Companion Diagnostic Market End Use Outlook (Revenue, USD Million , 2018-2030)
Hospital
Pathology/Diagnostic laboratory
Academic medical center
Uae Oncology Companion Diagnostic Market Disease Type Outlook (Revenue, USD Million , 2018-2030)
Breast cancer
Non-small cell lung cancer
Colorectal cancer
Leukemia
Melanoma
Prostate cancer
Others
Uae Oncology Companion Diagnostic Market Technology Outlook (Revenue, USD Million , 2018-2030)
Polymerase chain reaction (PCR)
Next-generation sequencing (NGS)
Immunohistochemistry (IHC)
In situ hybridization (ISH)/Fluorescence in situ hybridization (FISH)
Other technologies
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE oncology companion diagnostics market, including forecasts for subscribers. This country databook contains high-level insights into UAE oncology companion diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.