In Vitro Diagnostics - Eastern Africa

The In Vitro Diagnostics market market in Eastern Africa is expected to witness a substantial growth in revenue, reaching an estimated value of US$220.60m in 2024.
This projection highlights the potential of the market within the region.
Furthermore, it is anticipated that the market will experience a steady annual growth rate of 4.06% during the period from 2024 to 2029, resulting in a market volume of US$269.20m by 2029.
These figures indicate the promising prospects for the In Vitro Diagnostics market industry in Eastern Africa.
In a global perspective, it is worth noting that the United States is anticipated to generate the highest revenue within the In Vitro Diagnostics market market, amounting to a staggering US$30.10bn in 2024.
This substantial figure further emphasizes the dominant position of the United States in the global market.
The use of In Vitro Diagnostics in Eastern Africa is rapidly growing, with increased demand for accurate and accessible medical testing.

Definition:
The market In Vitro Diagnostics (IVD) consists of medical instruments and accessories used to perform tests with the help of biological samples. In Vitro Diagnostics provide valuable information used for detection, prognosis, prevention, and therapeutic monitoring of diseases.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Roche Diagnostics, Abbott Laboratories, Danaher, Siemens Healthineers.
Further information on the key players can be found in the Market Shares boxes.

Molecular diagnosis
Immunoassays
Clinical chemistry
Microbiology
Hematology

Services (i.e., treatment expenses)
Imaging diagnostics

The In Vitro Diagnostics market in Eastern Africa is experiencing significant growth and development. Customer preferences in the region are shifting towards more advanced and accurate diagnostic solutions. This is driven by a growing awareness of the importance of early detection and prevention of diseases. Customers are increasingly seeking out diagnostic tests that can provide quick and accurate results, allowing for timely and effective treatment. Additionally, there is a rising demand for point-of-care testing, as it provides convenience and accessibility to patients in remote areas. Trends in the market indicate a strong focus on infectious disease testing. This is due to the high prevalence of infectious diseases in the region, such as malaria, HIV/AIDS, and tuberculosis. Governments and healthcare organizations are investing in diagnostic solutions that can effectively detect and monitor these diseases, with the aim of reducing their impact on public health. There is also a growing interest in non-communicable disease testing, as the burden of diseases like diabetes and cardiovascular diseases continues to rise in the region. Local special circumstances play a significant role in the development of the In Vitro Diagnostics market in Eastern Africa. Limited healthcare infrastructure and resources pose challenges in accessing and implementing diagnostic solutions. This has led to the adoption of innovative approaches, such as mobile health and telemedicine, to bridge the gap in healthcare delivery. Additionally, the region has a diverse population with varying healthcare needs and cultural practices, which necessitates the development of customized diagnostic solutions that can cater to these specific requirements. Underlying macroeconomic factors are also contributing to the growth of the In Vitro Diagnostics market in Eastern Africa. Economic growth in the region has led to an increase in disposable income and healthcare expenditure, enabling individuals to afford diagnostic tests. Furthermore, governments are recognizing the importance of investing in healthcare infrastructure and improving access to quality healthcare services, including diagnostics. This has created a conducive environment for the development and adoption of In Vitro Diagnostics solutions. In conclusion, the In Vitro Diagnostics market in Eastern Africa is witnessing significant growth and development, driven by customer preferences for advanced and accurate diagnostic solutions, trends in infectious disease and non-communicable disease testing, local special circumstances, and underlying macroeconomic factors. As the region continues to invest in healthcare infrastructure and access to quality healthcare services, the In Vitro Diagnostics market is expected to further expand and evolve to meet the evolving healthcare needs of the population.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

Medical technology plays a role in the lives of everyone. It includes most of all, medical devices which simplify the prevention, diagnosis, and treatment of diseases and illnesses. The most well-known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants. The global medical technology industry was worth over 567 billion U.S. dollars annually. Established centers of this industry include North America and Western Europe. The United States is home to the world’s largest medical technology companies. As of 2022, Abbott Laboratories had the largest global revenue at over 31.2 billion U.S. dollars. The main focus of devices manufactured by the Chicago-based company are diagnostics, cardiovascular, and diabetes care. Two other medtech companies that round off the top three largest companies –Medtronic and Johnson & Johnson – are both based in the United States. Although, industry trends show that Asia, and in particular China, is about to play a more prominent role in the years to come.