UAE Cell Culture Media Market Size & Outlook, 2023-2030
UAE cell culture media market, 2018-2030 (US$M)
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UAE cell culture media market highlights
- The UAE cell culture media market generated a revenue of USD 14.6 million in 2023 and is expected to reach USD 36.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 14.2% 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 14.6 million |
| Market revenue in 2030 | USD 36.9 million |
| Growth rate | 14.2% (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, UAE accounted for 0.3% 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 35.62% in 2023. Horizon Databook has segmented the UAE 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.
Growing adoption of stem cells therapies in the country is the major factor driving the growth of the market. In the context of COVID-19, national government agencies, academic institutions, and numerous biotech and pharmaceutical companies are concentrating on efficient and quick technologies for the quick diagnosis of COVID-19.
In the near future, it is anticipated that initiatives like these would increase demand for Cell Culture Media services. Furthermore, the presence of reputable regulatory organizations presents additional lucrative chances during the projection period.
For instance, the American Board of Regenerative Medicine, the American Academy of Regenerative Medicine, the Dubai Health Authority, Zewail City, and the Association for the Advancement of Blood & Biotherapies all sponsor the MENA Stem Cells Forum (AABB). More than 10 specialized media partners have joined the event.
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Cell Culture Media Market Scope
Cell Culture Media Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE cell culture media market size, by product, 2018-2030 (US$M)
UAE Cell Culture Media Market Outlook Share, 2023 & 2030 (US$M)
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