Saudi Arabia Cell And Gene Therapy Clinical Trials Market Size & Outlook
Saudi Arabia cell and gene therapy clinical trials market, 2018-2030 (US$M)
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Saudi Arabia cell and gene therapy clinical trials market highlights
- The Saudi Arabia cell and gene therapy clinical trials market generated a revenue of USD 68.5 million in 2023 and is expected to reach USD 118.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, phase ii was the largest revenue generating phase in 2023.
- Phase III is the most lucrative phase segment registering the fastest growth during the forecast period.
Cell and gene therapy clinical trials market data book summary
| Market revenue in 2023 | USD 68.5 million |
| Market revenue in 2030 | USD 118.6 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Phase ii |
| Fastest growing segment | Phase III |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | IQVIA Holdings Inc, Icon PLC, Labcorp Holdings Inc, Charles River Laboratories International Inc, PAREXEL, Syneos Health, Medpace Holdings Inc, Thermo Fisher Scientific Inc, Veristat, Novotech |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global cell and gene therapy clinical trials 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 cell and gene therapy clinical trials 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 235.5 million by 2030.
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Cell And Gene Therapy Clinical Trials Market Scope
Cell And Gene Therapy Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia cell and gene therapy clinical trials 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 cell and gene therapy clinical trials market will help companies and investors design strategic landscapes.
Phase ii was the largest segment with a revenue share of 49.93% in 2023. Horizon Databook has segmented the Saudi Arabia cell and gene therapy clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia ranks 18th out of 144 countries and 2nd in the region, followed by Qatar, in macroeconomic stability as per the data published by the World Economic Forum Global Competition Index 2013. Saudi Arabia is the most lucrative region in the Middle East for cell and gene therapy clinical trials market.
The country has the largest number of hospitals and primary health centers in the region. The major upcoming projects for developing hospitals, such as King Khalid Medical City, King Faisal Medical City, and King Abdullah Medical City, are expected to promote research, thus augmenting clinical trials support services market growth.
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Our clientele includes a mix of cell and gene therapy clinical trials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia cell and gene therapy clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia cell and gene therapy clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia cell and gene therapy clinical trials market size, by phase, 2018-2030 (US$M)
Saudi Arabia Cell And Gene Therapy Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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