Kuwait Cell & Gene Therapy Bioanalytical Testing Services Market Size & Outlook
Kuwait cell & gene therapy bioanalytical testing services market, 2018-2030 (US$M)
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Kuwait cell & gene therapy bioanalytical testing services market highlights
- The Kuwait cell & gene therapy bioanalytical testing services market generated a revenue of USD 1.3 million in 2023 and is expected to reach USD 1.7 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, bioavailability & bioequivalence studies was the largest revenue generating test type in 2023.
- Bioavailability & Bioequivalence Studies is the most lucrative test type segment registering the fastest growth during the forecast period.
Cell & gene therapy bioanalytical testing services market data book summary
| Market revenue in 2023 | USD 1.3 million |
| Market revenue in 2030 | USD 1.7 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Bioavailability & bioequivalence studies |
| Fastest growing segment | Bioavailability & Bioequivalence Studies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioavailability & Bioequivalence Studies, Pharmacokinetics, Pharmacodynamics, Other test type |
| Key market players worldwide | IQVIA Holdings Inc, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, Charles River Laboratories International Inc, Syneos Health, Intertek Group PLC |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.3% of the global cell & gene therapy bioanalytical testing services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia cell & gene therapy bioanalytical testing services 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 5.6 million by 2030.
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Cell & Gene Therapy Bioanalytical Testing Services Market Scope
Cell & Gene Therapy Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait cell & gene therapy bioanalytical testing services 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 & gene therapy bioanalytical testing services market will help companies and investors design strategic landscapes.
Bioavailability & bioequivalence studies was the largest segment with a revenue share of 38.46% in 2023. Horizon Databook has segmented the Kuwait cell & gene therapy bioanalytical testing services market based on bioavailability & bioequivalence studies, pharmacokinetics, pharmacodynamics, other test type covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait's market for cell and gene therapy bioanalytical testing services is anticipated to grow significantly due to the country's ability to generate novel medications locally, access to valuable products, the growing need for new medical therapies, and favorable regulatory frameworks.
Furthermore, the increasing acceptance of gene treatments is projected to create opportunities for cell and gene therapy in Kuwait. Another significant driver of market growth is the establishment and expansion of products in the country.
Thus, an increase in research activities, pharmaceutical companies, and government support for drug development are anticipated to propel market growth.
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Target buyers of Kuwait cell & gene therapy bioanalytical testing services market databook
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Our clientele includes a mix of cell & gene therapy bioanalytical testing services 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait cell & gene therapy bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait cell & gene therapy bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait cell & gene therapy bioanalytical testing services market size, by test type, 2018-2030 (US$M)
Kuwait Cell & Gene Therapy Bioanalytical Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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