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UAE Genetic Testing Market, By Product (Consumables, Equipment, Software & Services); By Technology (Next Generation Sequencing, Array Technology, PCR-based Testing, FISH, Others); By Application (Ancestry & Ethnicity, Traits Screening, Genetic Disease Ca

Publisher BlueWeave Consulting
Published Oct 29, 2024
Length 117 Pages
SKU # BLWC19296819

Description

UAE Genetic Testing Market Zooming 3.4X to Surpass USD 120 Million by 2030

UAE Genetic Testing Market is thriving due to rising awareness about genetic disorders, advancements in personalized medicine, government healthcare initiatives, increasing prevalence of chronic diseases, and a growing demand for early disease detection.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated UAE Genetic Testing Market size by value at USD 34.63 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects UAE Genetic Testing Market size to expand at a CAGR of 19.49% reaching a value of USD 120.43 million by 2030. UAE Genetic Testing Market is driven by advancements in healthcare technology, rising awareness of genetic disorders, and increased demand for personalized medicine. Government support and investment in healthcare infrastructure, alongside a growing prevalence of chronic diseases, fuel the adoption of genetic testing. Additionally, the expanding applications of genetic testing in prenatal, oncology, and rare disease diagnostics boost market growth. Increased accessibility to genetic testing services and collaborations with international genetic research bodies further contribute to the market's expansion.

Opportunity – Direct-to-Consumer (DTC) Genetic Testing

The rise of Direct-to-Consumer (DTC) genetic testing is a key growth driver in UAE Genetic Testing Market, fueled by increasing consumer interest in personal health insights and ancestry tracing. With more accessible and affordable at-home testing kits, individuals can obtain genetic data without a healthcare provider, enhancing awareness of genetic health. This trend aligns with the UAE's push for digital healthcare innovation, contributing to market expansion and encouraging preventive health measures.

Impact of Escalating Geopolitical Tensions on UAE Genetic Testing Market

Escalating geopolitical tensions could impact UAE Genetic Testing Market by disrupting supply chains, especially for imported testing kits and reagents, leading to delays and increased costs. Economic instability may further reduce healthcare budgets and limit investments in genetic research and diagnostics. Additionally, strained international relations could hinder collaborations with foreign biotech firms and restrict access to global advancements in genetic testing technology, potentially slowing down market growth and the availability of advanced testing options in the UAE.

Health & Wellness Predisposition Segment Leads Market by Application

UAE Genetic Testing Market by application is predominantly led by the health and wellness predisposition segment. The trend is fueled by an increasing emphasis on preventive healthcare, as more individuals look to understand their genetic predispositions to effectively manage long-term health risks. The growing interest in personalized healthcare solutions is evident, particularly for lifestyle-related diseases such as heart disease and diabetes, which are notably common in the UAE.

Additionally, the movement is reinforced by healthcare providers and government initiatives that advocate genetic testing as a means of facilitating early disease detection. Efforts to educate the public about the benefits of genetic testing and its role in proactive health management further enhance this segment's significance. As awareness about genetic factors influencing health conditions expands, the health and wellness predisposition segment is expected to play a pivotal role in driving UAE Genetic Testing Market.

Competitive Landscape

UAE Genetic Testing Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Emirates Diagnostics, Burjeel Medical City, Cleveland Clinic Abu Dhabi, Mediclinic, Aster DM Healthcare, Al Noor Hospitals, Al Zahra Hospitals, and Pathline Diagnostics. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in UAE Genetic Testing Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of UAE Genetic Testing Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in UAE Genetic Testing Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

117 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. UAE Genetic Testing Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rising Prevalence of Genetic Diseases
3.2.1.2. Increased Awareness and Acceptance
3.2.1.3. Personalized Medicine
3.2.2. Restraints
3.2.2.1. Ethical Concerns
3.2.2.2. High Costs
3.2.3. Opportunities
3.2.3.1. Expanding Applications
3.2.3.2. Direct-to-Consumer (DTC) Genetic Testing
3.2.4. Challenges
3.2.4.1. Lack of Standardized Interpretation
3.2.4.2. Limited Clinical Utility
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. UAE Genetic Testing Market: Marketing Strategies
5. UAE Genetic Testing Market: Pricing Analysis
6. UAE Genetic Testing Market Overview
6.1. Market Size & Forecast, 2019–2030
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Product
6.2.1.1. Consumables
6.2.1.2. Equipment
6.2.1.3. Software & Services
6.2.2. By Technology
6.2.2.1. Next Generation Sequencing
6.2.2.2. Array Technology
6.2.2.3. PCR-based Testing
6.2.2.4. FISH
6.2.2.5. Others
6.2.3. By Application
6.2.3.1. Ancestry & Ethnicity
6.2.3.2. Traits Screening
6.2.3.3. Genetic Disease Carrier Status
6.2.3.4. New Baby Screening
6.2.3.5. Health and Wellness-Predisposition/Risk/Tendency
6.2.4. By Distribution Channel
6.2.4.1. Online
6.2.4.2. Offline
6.2.5. By End User
6.2.5.1. Hospitals & Clinics
6.2.5.2. Diagnostic Laboratories
6.2.5.3. Others
7. Competitive Landscape
7.1. List of Key Players and Their Offerings
7.2. UAE Genetic Testing Company Market Share Analysis, 2023
7.3. Competitive Benchmarking, By Operating Parameters
7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Escalating Geopolitical Tensions on UAE Genetic Testing Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
9.1. Emirates Diagnostics
9.2. Burjeel Medical City
9.3. Cleveland Clinic Abu Dhabi
9.4. Mediclinic
9.5. Aster DM Healthcare
9.6. Al Noor Hospitals
9.7. Al Zahra Hospitals
9.8. Pathline Diagnostics
9.9. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
11.1. Qualitative Research
11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
11.3.1. Secondary Research
11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents, By Region
11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 UAE Genetic Testing Segmentation
Figure 2 UAE Genetic Testing Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 UAE Genetic Testing Market Size, By Value (USD Million), 2019–2030
Figure 5 UAE Genetic Testing Market Share, By Product, By Value, 2019–2030
Figure 6 UAE Genetic Testing Market Share, By Technology, By Value, 2019–2030
Figure 7 UAE Genetic Testing Market Share, By Application, By Value, 2019–2030
Figure 8 UAE Genetic Testing Market Share, By Distribution Channel, By Value, 2019–2030
Figure 9 UAE Genetic Testing Market Share, By End User, By Value, 2019–2030
List of Tables
Table 1 UAE Genetic Testing Market Size, By Value (USD Million), 2019–2030
Table 2 UAE Genetic Testing Market Size, By Product, By Value, 2019–2030
Table 3 UAE Genetic Testing Market Size, By Technology, By Value, 2019–2030
Table 4 UAE Genetic Testing Market Size, By Application, By Value, 2019–2030
Table 5 UAE Genetic Testing Market Size, By Distribution Channel, By Value, 2019–2030
Table 6 UAE Genetic Testing Market Size, By End User, By Value, 2019–2030
Table 7 Emirates Diagnostics Company Overview
Table 8 Emirates Diagnostics Financial Overview
Table 9 Burjeel Medical City Company Overview
Table 10 Burjeel Medical City Financial Overview
Table 11 Cleveland Clinic Abu Dhabi Company Overview
Table 12 Cleveland Clinic Abu Dhabi Financial Overview
Table 13 Mediclinic Company Overview
Table 14 Mediclinic Financial Overview
Table 15 Aster DM Healthcare Company Overview
Table 16 Aster DM Healthcare Financial Overview
Table 17 Al Noor Hospitals Company Overview
Table 18 Al Noor Hospitals Financial Overview
Table 19 Al Zahra Hospitals Company Overview
Table 20 Al Zahra Hospitals Financial Overview
Table 21 Pathline Diagnostics Company Overview
Table 22 Pathline Diagnostics Financial Overview

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