Middle East and Africa Acetaminophen Reagents Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Antibody/Substrate Reagent, Enzyme Reagent, Acetaminophen Antiserum, Acetaminophen Fluorescein Tracer, and Pretreatment Solution), Application (Enzymatic Assays and Immunoassay), and End User (Hospitals, Diagnostics Laboratories, POC Testing, Forensic Laboratories, and Others)
Market Introduction
The United Arab Emirates (UAE), Saudi Arabia and South Africa are the 3 major countries in the MEA. Saudi Arabia was the largest market for acetaminophen reagents in this region in 2021. For instance, A study from the Kingdom of Saudi Arabia (KSA) showed that paracetamol overdose accounts for 30% of intentional drug overdose. Increased awareness of health issues and increased consumption of health services contribute to a significant market for diagnostic related market fastening the growth of acetaminophen reagents market. In Saudi Arabia, rising healthcare spending and well-established hospital and tertiary care centers fuel the growth of the market. The government has increased healthcare and social affairs expenditure by 48% to US$ 42.64bn (SR160bn) for the development of new healthcare centers, hospitals, and primary care centers. In addition, the country has a rapidly developing healthcare system that is adopting variously automated and technically advanced techniques for healthcare facilities. Various training and initiatives have been taken to explore the knowledge about the advancement in technology. Availability of limited players present in the market and growing technological advancements in immunoassay-based acetaminophen reagents are the major factor driving the growth of the MEA acetaminophen reagents market.
In case of COVID-19, MEA is highly affected especially South Africa. Countries in the MEA have also widely affected the socio-economic condition by the COVID–19 pandemic. This challenge would be particularly frightening for the region's fragile and conflict-torn states, such as Iraq, Sudan, South Africa, and Yemen, because it will result in reduced imports due to global trade disruptions, which will exacerbate shortages of medical supplies and other goods, resulting in significant price rises. The Middle East countries have registered a growth in the number of COVID cases. The MEA region include countries such as South Africa, the UAE, and Saudi Arabia. These countries have also registered a significant number of positive coronavirus infection cases. These regions are developing in terms of the pharmaceutical industry. The countries in these regions are highly dependent on pharmaceutical products imported from developed countries. For instance, in April 2020, the government leveraged approvals for hydroxychloroquine and paracetamol export to expedite import of Covid-19 rapid testing kits, masks and personal protection equipment, or PPE. The lockdown has affected the supply chain of various companies in these regions. However, as the crisis continues and government relaxations on the import of the pharmaceutical products are expected to witness sluggish growth for a few years.
Market Overview and Dynamics
The MEA acetaminophen reagents market is expected to grow from US$ 27.88 million in 2021 to US$ 36.54 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028. Acetaminophen tests measure excess amount of drug content in blood to diagnose its overdose, assess the risk of liver damage, and help decide the need for treatment. Acetaminophen toxicity is diagnosed through various diagnostic tests, such as an acetaminophen level, electrolytes, kidney function tests, and liver function tests. Proper diagnosis of acetaminophen level and accurate treatment are essential for a positive outcome. Increasing usage of OTC acetaminophen in several symptomatic treatments increases the volume for acetaminophen testing. An acetaminophen test is required when a person is suspected of taking an overdose of acetaminophen or shows signs and symptoms of toxicity, such as vomiting, nausea, and abdominal pain. An overdose can be classified into four stages. Stage 1 occurs within 24 hours that is characterized by nausea, vomiting, and malaise. Stage 2 occurs within 24 to 27 hours and involves increased nausea and vomiting, pain in the upper right abdomen, and worsening hepatic and renal toxicity. In stage 3, liver function abnormalities peak between day 3 and day 4 and depending upon the degree of poisoning, hepatic failure with jaundice and bleeding diathesis can also occur, leading to multiorgan failure and death in this phase. Patients who survive stage 3 progress to stage 4 with a slow recovery and normalization of the liver between days 4 and day 7. Furthermore, several medical administrations takes various steps to reduce the acetaminophen maximum dosage unit strength in prescription drug products, such as safety labeling changes, including a new boxed warning, for acetaminophen-containing prescription drug products. It helps prevent liver damage that can occur due to acetaminophen overdose, a severe public health problem. Hence, drug level testing is performed to prevent severe damage to liver that also helps to suggests medication accordingly to provide efficient treatment to the patients. Therefore, as the acetaminophen reagents are specific drug testing reagents that help to determine the level of drug in the sample during the testing process, so the high adoption of acetaminophen testing (immunoassay testing) due to increased cases of overdoses and surged inclination toward OTC drugs drive the growth of the MEA acetaminophen reagents market.
Key Market Segments
In terms of product, the antibody/substrate reagent segment accounted for the largest share of the MEA acetaminophen reagents market in 2020. In terms of application, the enzymatic assays segment held a larger market share of the MEA acetaminophen reagents market in 2020. Further, the hospitals segment held a larger share of the MEA acetaminophen reagents market based on end user in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA acetaminophen reagents market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Abbott; American Screening Corporation, Inc.; Beckman Coulter, Inc.; Bio-Rad Laboratories, Inc.; Biorbyt Ltd.; Randox Laboratories, Ltd.; Siemens Healthineers AG; and Thermo Fisher Scientific Inc. among others.
Reasons to buy report
- To understand the MEA acetaminophen reagents market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA acetaminophen reagents market
- Efficiently plan M&A and partnership deals in MEA acetaminophen reagents market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA acetaminophen reagents market
- Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.
MEA Acetaminophen Reagents Market Segmentation
MEA Acetaminophen Reagents Market - By Product
- Antibody/Substrate Reagent
- Enzyme Reagent
- Acetaminophen Antiserum
- Acetaminophen Fluorescein Tracer
- Pretreatment Solution
MEA Acetaminophen Reagents Market - By Application
- Enzymatic Assays
- Immunoassay
MEA Acetaminophen Reagents Market - By End User
- Hospitals
- Diagnostics Laboratories
- POC Testing
- Forensic Laboratories
- Others
MEA Acetaminophen Reagents Market - By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Acetaminophen Reagents Market - Company Profiles
- Abbott
- American Screening Corporation, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories, Inc.
- Biorbyt Ltd.
- Randox Laboratories, Ltd.
- Siemens Healthineers AG
- Thermo Fisher Scientific Inc.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Acetaminophen Reagents Market – By Product
1.3.2 MEA Acetaminophen Reagents Market – By Application
1.3.3 MEA Acetaminophen Reagents Market – By End User
1.3.4 MEA Acetaminophen Reagents Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Acetaminophen Reagents Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA Acetaminophen Reagents Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Incidence of Drugs Overdose
5.1.2 Escalating Adoption of Acetaminophen Testing
5.2 Market Restraints
5.2.1 Risk of ADHD and Other Complication in Pregnancy
5.3 Market Opportunities
5.3.1 Availability of Limited Key Players in Market
5.4 Future Trends
5.4.1 Growing Technological Advancements in Immunoassay-Based Acetaminophen Reagents
5.5 Impact Analysis
6. Acetaminophen Reagents Market– MEA Analysis
6.1 MEA Acetaminophen Reagents Market Revenue Forecast and Analysis
7. MEA Acetaminophen Reagents Market Analysis – By Product
7.1 Overview
7.2 MEA Acetaminophen Reagents Market Revenue Share, by Product (2021 and 2028)
7.3 Antibody/Substrate Reagent
7.3.1 Overview
7.3.2 Antibody/Substrate Reagent: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
7.4 Enzyme Reagent
7.4.1 Overview
7.4.2 Enzyme Reagent: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
7.5 Acetaminophen Antiserum
7.5.1 Overview
7.5.2 Acetaminophen Antiserum: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
7.6 Acetaminophen Fluorescein Tracer
7.6.1 Overview
7.6.2 Acetaminophen Fluorescein Tracer: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
7.7 Pretreatment Solution
7.7.1 Overview
7.7.2 Pretreatment Solution: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
8. MEA Acetaminophen Reagents Market Analysis – By Application
8.1 Overview
8.2 MEA Acetaminophen Reagents Market Revenue Share, by Application (2021 and 2028)
8.3 Enzymatic Assays
8.3.1 Overview
8.3.2 Enzymatic Assays: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
8.4 Immunoassay
8.4.1 Overview
8.4.2 Immunoassay: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
9. MEA Acetaminophen Reagents Market Analysis – By End User
9.1 Overview
9.2 MEA Acetaminophen Reagents Market Share, by End User, 2021 and 2028, (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
9.4 Diagnostic Laboratories
9.4.1 Overview
9.4.2 Diagnostic Laboratories: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
9.5 POC Testing
9.5.1 Overview
9.5.2 POC Testing: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
9.6 Forensic Laboratories
9.6.1 Overview
9.6.2 Forensic Laboratories: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
10. MEA Acetaminophen Reagents Market – By Country Analysis
10.1 MEA Acetaminophen Reagents Market Revenue and Forecasts To 2028
10.1.1 Overview
10.1.3 MEA Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Country (%)
10.1.3.1 UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.1.1 Overview
10.1.3.1.2 UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.1.3 UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Product (US$ Million)
10.1.3.1.4 UAE: Acetaminophen Reagents Market, by Application – Revenue and Forecast to 2028 (US$ Million)
10.1.3.1.5 UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.3.2 Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.2.1 Overview
10.1.3.2.2 Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.2.3 Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Product (US$ Million)
10.1.3.2.4 Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.3.2.5 Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By End User (US$ Million)
10.1.3.3 South Africa: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.3.1 Overview
10.1.3.3.2 South Africa Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.3.3 South Africa: Acetaminophen Reagents Market, By Product, 2019-2028 (US$ Million)
10.1.3.3.4 South Africa: Acetaminophen Reagents Market, by Application, 2019–2028 (US$ Million)
10.1.3.3.5 South Africa: Acetaminophen Reagents Market, by End User, 2019–2028 (US$ Million)
10.1.3.4 Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.4.1 Overview
10.1.3.4.2 Rest of MEA Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
10.1.3.4.3 Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Product (US$ Million)
10.1.3.4.4 Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.1.3.4.5 Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By End User (US$ Million)
11. Impact Of COVID-19 Pandemic on MEA Acetaminophen Reagents Market
11.1 MEA: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Biorbyt Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Thermo Fisher Scientific Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Siemens Healthineers AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Abbott
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Beckman Coulter, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Randox Laboratories, Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 American Screening Corporation, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Bio-Rad Laboratories, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Acetaminophen Reagents Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 3. UAE: Acetaminophen Reagents Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 5. Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 6. Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 7. Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 8. South Africa: Acetaminophen Reagents Market, By Product-Revenue and Forecasts to 2028 (US$ Million)
Table 9. South Africa: Acetaminophen Reagents Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa: Acetaminophen Reagents Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Product (US$ Million)
Table 12. Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Application (US$ Million)
Table 13. Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028, By End User (US$ Million)
Table 14. Organic Developments Done by Companies
Table 15. Inorganic Developments Done by Companies
Table 16. Glossary of Terms
LIST OF FIGURES
Figure 1. MEA Acetaminophen Reagents Market Segmentation
Figure 2. MEA Acetaminophen Reagents Market, By Country
Figure 3. MEA Acetaminophen Reagents Market Overview
Figure 4. Antibody/Substrate Reagent Segment Held Largest Share of the Market in 2021
Figure 5. Saudi Arabia is Expected to Show Remarkable Growth During the Forecast Period
Figure 7. MEA: PEST Analysis
Figure 8. Experts Opinion
Figure 9. MEA Acetaminophen Reagents Market Impact Analysis of Driver and Restraints
Figure 10. MEA Acetaminophen Reagents Market– Revenue Forecast and Analysis to 2028
Figure 11. MEA Acetaminophen Reagents Market Revenue Share, by Product (2021 and 2028)
Figure 12. MEA Antibody/Substrate Reagent: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 13. MEA Enzyme Reagent: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 14. MEA Acetaminophen Antiserum: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 15. MEA Acetaminophen Fluorescein Tracer: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 16. MEA Pretreatment Solution: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 17. MEA Acetaminophen Reagents Market Revenue Share, by Application (2021 and 2028)
Figure 18. MEA Enzymatic Assays: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 19. MEA Immunoassay: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 20. MEA Acetaminophen Reagents Market Share, by End User, 2021 and 2028 (%)
Figure 21. MEA Hospitals: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 22. MEA Diagnostic Laboratories: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 23. MEA POC Testing: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 24. MEA Forensic Laboratories: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 25. MEA Others: Acetaminophen Reagents Market – Revenue and Forecast to 2028 (USD Million)
Figure 26. MEA Acetaminophen Reagents Market Revenue Overview, by Country, 2021 (US$ Million)
Figure 27. MEA Acetaminophen Reagents Market Revenue and Forecasts to 2028, By Country (%)
Figure 28. UAE: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
Figure 29. Saudi Arabia: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
Figure 30. South Africa: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
Figure 31. Rest of MEA: Acetaminophen Reagents Market Revenue and Forecasts to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in MEA Country Markets
- Abbott
- American Screening Corporation, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories, Inc.
- Biorbyt Ltd.
- Randox Laboratories, Ltd.
- Siemens Healthineers AG
- Thermo Fisher Scientific Inc.
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- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the acetaminophen reagents market, as well as those hindering it
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