UAE diagnostic labs market to be valued at $1.46b by 2029

Key drivers include investments in advanced technologies and government support.

The United Arab Emirates (UAE) diagnostic labs market is projected to reach $1.46b by 2029 at a compound annual growth rate of 6.7%, according to Research and Markets.

The sector’s growth is fuelled by rising healthcare expenditure and an increasing disease burden, emphasising the need for quality diagnostic services.

Growth drivers include investments in advanced technologies and government support, whilst a shift towards personalised medicine and preventive healthcare is also expected to boost market dynamics.

“In alignment with the market's sustained growth, key industry players are focusing on strategic investments and workforce developments,” the report said.

Meanwhile, regulatory compliance remains crucial in ensuring patient safety and maintaining standards in diagnostic services.

“Insurance coverage continues to shape patient access and market sustainability, indicating the significance of collaborative efforts to improve coverage and support equitable healthcare access,” it added.