Kuwait Apheresis Equipment Market Size & Outlook
Kuwait apheresis equipment market, 2018-2030 (US$M)
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Kuwait apheresis equipment market highlights
- The Kuwait apheresis equipment market generated a revenue of USD 15.9 million in 2023 and is expected to reach USD 24.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, disposable apheresis kits was the largest revenue generating product in 2023.
- Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Apheresis equipment market data book summary
| Market revenue in 2023 | USD 15.9 million |
| Market revenue in 2030 | USD 24.6 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Disposable apheresis kits |
| Fastest growing segment | Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Apheresis Kits, Devices |
| Key market players worldwide | Asahi Kasei Corp, Terumo Corp, Fresenius SE & Co KGaA, Haemonetics Corp, B. Braun, Nikkiso Co Ltd, Mallinckrodt PLC Ordinary Shares - New |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.5% of the global apheresis equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa apheresis equipment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 97.2 million by 2030.
Disposable apheresis kits was the largest segment with a revenue share of 71.7% in 2023. Horizon Databook has segmented the Kuwait apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Kuwait Nephrology Association has reported a 2% increase in the number of kidney dialysis patients compared to the previous year, with the total number reaching 2,400 this year. Men account for 54% of these patients. This rise in the number of dialysis patients is expected to propel market growth in Kuwait over the forecast period. Moreover, leading players in this market are Fresenius Medical Care, Terumo BCT, Haemonetics Corporation, and Asahi Kasei Corporation.
These companies are known for their advanced apheresis equipment & technologies, which are vital in treating kidney-related conditions and other medical issues. Furthermore, in January 2024, the National Bank of Kuwait Hospital achieved a significant milestone in pediatric healthcare by achieving a success rate of over 97% in stem cell transplants for children.
To address complications post stem cell operations, the hospital introduced a novel approach using therapeutic photo pheresis, which has shown positive outcomes in managing issues such as anastomosis. In addition, the hospital’s commitment to advanced medical solutions extends to treating severe skin infections, where therapeutic apheresis is being used with considerable success, showcasing its commitment to providing state-of-the-art medical care.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait apheresis equipment market size, by product, 2018-2030 (US$M)
Kuwait Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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