Africa In Vitro Diagnostics (IVD) market, with a projected value of $1.49 billion by 2030. The market is anticipated to register a Compound Annual Growth Rate (CAGR) of 2.8% from 2023 to 2030. Key drivers include the high prevalence of infectious diseases, a growing burden of chronic diseases, increased initiatives supporting the healthcare sector, and rising awareness about the importance of early disease diagnosis.
Top 10 Companies Paving the Way in the Africa IVD Market: https://meticulousblog.org/top-10-companies-in-africa-ivd-market/
1. Abbott Laboratories (U.S.)
• Established in 1888, Abbott operates globally across diagnostics, medical devices, nutrition, and branded generic pharmaceuticals markets. The company's wide geographic presence includes subsidiaries in Kenya, South Africa, and Nigeria.
2. Becton, Dickinson and Company (U.S.)
• Founded in 1887, BD specializes in medical technology, offering products in diagnostic systems, preanalytical systems, and biosciences. The company has a direct presence in numerous countries, including the U.S., Brazil, China, and India.
3. bioMérieux SA (France)
• Operating since 1963, bioMérieux focuses on clinical diagnostics, offering products for microbiology, immunoassay, molecular biology, and industrial applications. With a presence in 160 countries, its major subsidiaries in Africa include those in South Africa, Algeria, Kenya, and Côte d'Ivoire.
4. Danaher Corporation (U.S.)
• Founded in 1969, Danaher operates in life sciences, diagnostics, and environmental & applied solutions. The company, with over 212 facilities worldwide, has subsidiaries like Beckman Coulter, Inc., Cepheid, and Radiometer Medical ApS in the IVD sector.
5. F. Hoffmann-La Roche Ltd. (Switzerland)
• Established in 1986, Roche focuses on innovative medicines and diagnostic solutions. The Diagnostics segment offers centralized and point-of-care kits & reagents. Roche has subsidiaries in African countries, including Nigeria, Kenya, Ghana, Cote d’Ivoire, and Algeria.
6. QIAGEN N.V. (Netherlands)
• Founded in 1984, QIAGEN N.V. develops instruments, consumables, and digital bioinformatics solutions. With subsidiaries in more than 35 countries, it operates in the Africa IVD market through QIAGEN SA (Pty) — Ltd South Africa.
7. Siemens Healthineers AG (Germany)
• Established in 1847, Siemens Healthineers specializes in medical imaging, laboratory diagnostics, and point-of-care testing. The company has subsidiaries like Siemens Healthcare in South Africa and Varian Medical Systems Africa (Pty) Ltd.
8. Thermo Fisher Scientific Inc. (U.S.)
• Founded in 2006, Thermo Fisher Scientific is a biotechnology company operating in life sciences, analytical instruments, specialty diagnostics, and laboratory products. Subsidiaries in South Africa include Thermo Electron (Proprietary) Limited.
9. Bio-Rad Laboratories, Inc. (U.S.)
• Operating since 1952, Bio-Rad Laboratories is a distributor and manufacturer of clinical diagnostics products. The company, with subsidiaries in countries like Algeria, Ghana, Malawi, Tanzania, and Nigeria, offers a wide range of clinical diagnostics.
10. Illumina, Inc. (U.S.)
• Founded in 1998, Illumina specializes in sequencing and array-based solutions for genomic analysis. With a global presence, Illumina operates in the IVD market through its Core Illumina segment, catering to molecular diagnostic laboratories, academic institutions, and hospitals.
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