Kuwait Analytical Instrumentation Market Size & Outlook
Kuwait analytical instrumentation market, 2018-2030 (US$M)
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Kuwait analytical instrumentation market highlights
- The Kuwait analytical instrumentation market generated a revenue of USD 127.4 million in 2023 and is expected to reach USD 141.7 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 1.5% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Analytical instrumentation market data book summary
| Market revenue in 2023 | USD 127.4 million |
| Market revenue in 2030 | USD 141.7 million |
| Growth rate | 1.5% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Services, Software |
| Key market players worldwide | Thermo Fisher Scientific Inc, Waters Corp, Shimadzu Corp, Danaher Corp, Agilent Technologies Inc, Bruker Corp, PerkinElmer, Mettler-Toledo International Inc, ZEISS Group, Bio-Rad Laboratories Inc, Illumina Inc, Eppendorf, Roche Holding AG, Sartorius AG, Avantor Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% of the global analytical instrumentation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE analytical instrumentation market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 371.2 million by 2030.
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Analytical Instrumentation Market Scope
Analytical Instrumentation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait analytical instrumentation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to analytical instrumentation market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 55.34% in 2023. Horizon Databook has segmented the Kuwait analytical instrumentation market based on instruments, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
Growing demand for healthcare settings in the country has a direct impact on the pharmaceutical sector of the country. This affects the country’s demand for analytical instruments. Key players are engaged in the launch of technologically advanced sequencing, chromatography, AI, and diagnostics tools.
Kuwait’s National Development Plan majorly focuses on development of healthcare infrastructure. The Ministry of Health and the Ministry of Public Works announced spending of USD 4.42 billion for the expansion of nine operating hospitals in the coming 10 years, creating a high demand for analytical instruments for diagnostic applications.
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Target buyers of Kuwait analytical instrumentation market databook
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Our clientele includes a mix of analytical instrumentation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait analytical instrumentation market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait analytical instrumentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait analytical instrumentation market size, by product, 2018-2030 (US$M)
Kuwait Analytical Instrumentation Market Outlook Share, 2023 & 2030 (US$M)
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