South Africa Precision Medicine Market Size & Outlook
Global Market
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South Africa precision medicine market highlights
- The South Africa precision medicine market generated a revenue of USD 569.9 million in 2025 and is expected to reach USD 1,102.5 million by 2033.
- The South Africa market is expected to grow at a CAGR of 8.7% from 2026 to 2033.
- In terms of segment, therapeutics was the largest revenue generating application in 2025.
- Diagnostics is the most lucrative application segment registering the fastest growth during the forecast period.
Precision medicine market data book summary
| Market revenue in 2025 | USD 569.9 million |
| Market revenue in 2033 | USD 1,102.5 million |
| Growth rate | 8.7% (CAGR from 2026 to 2033) |
| Largest segment | Therapeutics |
| Fastest growing segment | Diagnostics |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
| Key market players worldwide | Roche, Siemens Healthineers AG ADR, Janssen Pharmaceuticals, Illumina Inc, Quest Diagnostics Inc, 23andMe Holding Co Class A, NeoDiagnostix, International Business Machines Corp, Myriad Genetics Inc, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Dakota Software, Biogen Inc, Qiagen NV, ImmunityBio Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global precision medicine market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, South Africa precision medicine market is projected to lead the regional market in terms of revenue in 2033.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 816.4 million by 2033.
South Africa’s precision medicine market has benefitted from the recent establishment of the African Genomics Centre in Cape Town. The South African Medical Research Council (SAMRC) in partnership with Beijing Genomics Institute (BGI) announced the establishment of this genomic center in February 2018.
This center was the first facility in the African region that is capable of performing large-scale studies on WGS. This approach harnessed the science of genomics for precision medicine, thus driving the market. In addition, the companies in South Africa are emphasizing investing substantial amounts to extend and consolidate their presence in precision medicine market.
For instance, in February 2023, Mediclinic Southern Africa acquired an 80% stake in Artisan Biomed, a subsidiary of the Centre for Proteomic & Genomic Research (CPGR), to expand its presence in South Africa's precision medicine market.
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Publish Date: May 12, 2026
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Precision Medicine Diagnostics Therapeutics Market
Precision Medicine Diagnostics Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GE HealthCare Technologies Inc Common Stock | View profile | 51,000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | www.gehealthcare.com |
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| Quest Diagnostics Inc | View profile | 48,000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | www.questdiagnostics.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Myriad Genetics Inc | View profile | 2,700 | 320 Wakara Way, Salt Lake City, UT, United States, 84108 | www.myriad.com |
| Dakota Software | View profile | 51-100 | Cleveland, Ohio, United States, North America | dakotasoft.com |
South Africa precision medicine diagnostics therapeutics market
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 Precision Medicine Market Outlook will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 91.63% in 2025.
Horizon Databook has segmented the South Africa precision medicine market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2021 to 2033.
South Africa’s precision medicine market has benefitted from the recent establishment of the African Genomics Centre in Cape Town. The South African Medical Research Council (SAMRC) in partnership with Beijing Genomics Institute (BGI) announced the establishment of this genomic center in February 2018.
This center was the first facility in the African region that is capable of performing large-scale studies on WGS. This approach harnessed the science of genomics for precision medicine, thus driving the market. In addition, the companies in South Africa are emphasizing investing substantial amounts to extend and consolidate their presence in precision medicine market.
For instance, in February 2023, Mediclinic Southern Africa acquired an 80% stake in Artisan Biomed, a subsidiary of the Centre for Proteomic & Genomic Research (CPGR), to expand its presence in South Africa's precision medicine market.
- South Africa Precision Medicine Market Application Outlook (Revenue, USD Million , 2021-2033)
- Diagnostics
- Therapeutics
- South Africa Precision Medicine Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Home Care
- Hospitals
- Clinical Laboratories
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa precision medicine diagnostics therapeutics market, including forecasts for subscribers. This country databook contains high-level insights into South Africa precision medicine diagnostics therapeutics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Africa Precision Medicine Market, 2021-2033 (US$M)
South Africa Application - Precision Medicine Market Statistics, 2025 - 2033 (US$M)
