UAE Cell Culture Market Size & Outlook, 2023-2030
UAE cell culture market, 2018-2030 (US$M)
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UAE cell culture market highlights
- The UAE cell culture market generated a revenue of USD 103.2 million in 2023 and is expected to reach USD 242.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Cell culture market data book summary
| Market revenue in 2023 | USD 103.2 million |
| Market revenue in 2030 | USD 242.1 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments |
| Key market players worldwide | Sartorius AG, Danaher Corp, Merck KGaA, Thermo Fisher Scientific Inc, Corning Inc, Avantor Inc, BD, Eppendorf, Bio-Techne Corp, PromoCell GmbH |
Other key industry trends
- In terms of revenue, UAE accounted for 0.6% of the global cell culture 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 culture market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 242.1 million by 2030.
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Cell Culture Market Scope
Cell Culture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE cell culture 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 culture market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 57.27% in 2023. Horizon Databook has segmented the UAE cell culture market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Several initiatives being undertaken by various organizations to boost the biotechnology & biopharmaceutical sectors in the country are anticipated to support market growth in the UAE. The Dubai Biotechnology and Research Park (Du Biotech) is a science & business park devoted to the biotechnology sector. The Du Biotech accommodates the biotechnology industry and facilitates government-funded R&D.
Infrastructure of Du Biotech includes R&D labs and biotech-related educational & research institutions. Furthermore, increasing R&D activities in stem cell research in the country are anticipated to drive the demand for cell culture products in the UAE.
In October 2021, the Abu Dhabi Stem Cells Center (ADSCC) signed a memorandum of understanding with Beckman Coulter Diagnostics to offer its flow cytometry facility as a Center of Excellence in the UAE to promote R&D activities for stem cell therapies. Such initiatives are anticipated to drive the market for cell culture products over the forecast period. Major players in the country include Thermo Fisher Scientific, Bio-Rad Laboratories, Avantor, and others.
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Our clientele includes a mix of cell culture 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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Horizon Databook provides a detailed overview of country-level data and insights on the UAE cell culture market , including forecasts for subscribers. This country databook contains high-level insights into UAE cell culture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE cell culture market size, by product, 2018-2030 (US$M)
UAE Cell Culture Market Outlook Share, 2023 & 2030 (US$M)
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