Middle East and Africa Colorectal Cancer Diagnostics Market is expected to reach USD 242.45 million by 2030

Increasing Middle East and Africa awareness about colorectal cancer has enhanced the market demand. The rising healthcare expenditure for better health services also contributes to the market's growth. The major market players focus on various service launches and approvals during this crucial period. In addition, the increase in improved diagnostic processes and techniques also contributes to the rising demand for colorectal cancer diagnostics testing.

The Middle East and Africa colorectal cancer diagnostics market is expected to grow from 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.9% in the forecast period of 2023 to 2030 and is expected to reach USD 242.45 million by 2030 from USD 142.81 million in 2022.

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Colorectal cancer starts in the colon or the . Depending on where they start, these cancers can also be called colon cancer or rectal cancer. Colon cancer and rectal cancer are often grouped because they have many features in common. Colorectal cancer is a disease in which cells in the colon or grow out of control. Sometimes it is called colon cancer, short. The colon is the large intestine or large bowel. The is the passageway that connects the colon to the anus.

Sometimes abnormal growths, called polyps, form in the colon or . Over time, some polyps may turn into cancer. Screening tests can find polyps so they can be removed before becoming cancer. Screening also helps find colorectal cancer early, when treatment works best.

Recent Developments

In August 2022, Bio-Rad Laboratories Inc. completed its acquisition of Curiosity Diagnostics, a Poland-based developer of innovative technology solutions for the medical diagnostic and healthcare markets. This has helped the company to increase its product portfolio and Middle East and Africa presence in the market.
In January 2022, QIAGEN announced new additions to the growing number of applications for QIAcuity, its ultrasensitive digital PCR (dPCR) platform that has set new standards by using so-called nanoplates to process samples in two hours rather than the five hours required by other systems. This has helped the company to expand its product portfolio in the market and helped the company to increase its overall revenue.

Some of the major players operating in the Middle East and Africa colorectal cancer diagnostics market are Koninklijke Philips N.V., Quest Diagnostics Incorporated, Bio-Rad Laboratories, Inc. , Merck KGaA, FUJIFILM Corporation, Agilent Technologies, Inc., BD, General Electric Company, Siemens Healthcare GmbH, Abbott, Neusoft Corporation, BioFire Diagnostics, QIAGEN, Hologic, Inc., PlexBio, GE HealthCare.

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