Saudi Arabia Cell Reprogramming Market Size & Outlook
Saudi Arabia cell reprogramming market, 2018-2030 (US$M)
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Saudi Arabia cell reprogramming market highlights
- The Saudi Arabia cell reprogramming market generated a revenue of USD 2.7 million in 2023 and is expected to reach USD 4.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, mrna reprogramming was the largest revenue generating technology in 2023.
- MRNA Reprogramming is the most lucrative technology segment registering the fastest growth during the forecast period.
Cell reprogramming market data book summary
| Market revenue in 2023 | USD 2.7 million |
| Market revenue in 2030 | USD 4.3 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Mrna reprogramming |
| Fastest growing segment | MRNA Reprogramming |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sendai Virus-based Reprogramming, MRNA Reprogramming, Episomal Reprogramming |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Bio-Techne Corp, ReproCELL, Lonza Group Ltd, FUJIFILM Holdings Corp, Astellas Pharma Inc, Allele Biotech, Alstem, STEMCELL Technologies |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global cell reprogramming 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 reprogramming 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 2.6 million by 2030.
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Cell Reprogramming Market Scope
Cell Reprogramming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia cell reprogramming 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 reprogramming market will help companies and investors design strategic landscapes.
Mrna reprogramming was the largest segment with a revenue share of 33.33% in 2023. Horizon Databook has segmented the Saudi Arabia cell reprogramming market based on sendai virus-based reprogramming, mrna reprogramming, episomal reprogramming covering the revenue growth of each sub-segment from 2018 to 2030.
Strong government support is a major driver of this country. For instance, in March 2022, Saudi Arabia announced the development of a specialized bank of iPS cells sourced from Saudi donors, allowing patients in the country to discover tailored cell therapy solutions.
The Saudi iPS cell repository is designed to include diverse cell lines derived from patients with various ailments, serving as a strategic asset for creating disease models, facilitating drug screening, and deepening the understanding of disease mechanisms in the country.
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Our clientele includes a mix of cell reprogramming market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia cell reprogramming market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia cell reprogramming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia cell reprogramming market size, by technology, 2018-2030 (US$M)
Saudi Arabia Cell Reprogramming Market Outlook Share, 2023 & 2030 (US$M)
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