Kuwait Cell Culture Media Market Size & Outlook, 2023-2030
Kuwait cell culture media market, 2018-2030 (US$M)
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Kuwait cell culture media market highlights
- The Kuwait cell culture media market generated a revenue of USD 6.6 million in 2023 and is expected to reach USD 14.0 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, serum-free media was the largest revenue generating product in 2023.
- Serum-free Media is the most lucrative product segment registering the fastest growth during the forecast period.
Cell culture media market data book summary
| Market revenue in 2023 | USD 6.6 million |
| Market revenue in 2030 | USD 14.0 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Serum-free media |
| Fastest growing segment | Serum-free Media |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serum-free Media, Classical Media, Stem Cell Culture Media, Chemically Defined Media, Specialty Media, Other Cell Culture Media |
| Key market players worldwide | Sartorius AG, Danaher Corp, Merck KGaA, Thermo Fisher Scientific Inc, FUJIFILM Holdings Corp, Lonza Group Ltd, BD, STEMCELL Technologies, PromoCell GmbH |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% of the global cell culture media 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 media 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 36.9 million by 2030.
Serum-free media was the largest segment with a revenue share of 34.85% in 2023. Horizon Databook has segmented the Kuwait cell culture media market based on serum-free media, classical media, stem cell culture media, chemically defined media, specialty media, other cell culture media covering the revenue growth of each sub-segment from 2018 to 2030.
When it comes to pediatric stem cell transplantation, Kuwait is second in the Gulf. Up to 33 kid transplant surgeries had been completed under the framework of the stem cell transplant program, which began in 2020. Moreover, Kuwait built the first clinic for stem cell therapy and umbilical cord care in the Gulf area in June 2019. The increasing use of stem cells is expected to drive the growth of stem cell culture media in this region.
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Cell Culture Media Market Scope
Cell Culture Media Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait cell culture media market size, by product, 2018-2030 (US$M)
Kuwait Cell Culture Media Market Outlook Share, 2023 & 2030 (US$M)
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