Kuwait In-vitro Toxicology Testing Market Size & Outlook
Kuwait in-vitro toxicology testing market, 2018-2030 (US$M)
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Kuwait in-vitro toxicology testing market highlights
- The Kuwait in-vitro toxicology testing market generated a revenue of USD 61.6 million in 2023 and is expected to reach USD 94.3 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, pharmaceutical industry was the largest revenue generating end user in 2023.
- Diagnostics is the most lucrative end user segment registering the fastest growth during the forecast period.
In-vitro toxicology testing market data book summary
| Market revenue in 2023 | USD 61.6 million |
| Market revenue in 2030 | USD 94.3 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical industry |
| Fastest growing segment | Diagnostics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceutical Industry, Cosmetics And Household Products, Academic Institutes and Research Laboratories, Diagnostics, Chemicals Industry, Food Industry |
| Key market players worldwide | Charles River Laboratories International Inc, SGS, Merck KGaA, Eurofins Scientific SE, Abbott Laboratories, Labcorp Holdings Inc, Evotec SE, Thermo Fisher Scientific Inc, Quest Diagnostics Inc, Agilent Technologies Inc, Catalent Inc, Danaher Corp, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% of the global in-vitro toxicology testing 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 in-vitro toxicology testing 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 452.0 million by 2030.
Pharmaceutical industry was the largest segment with a revenue share of 43.18% in 2023. Horizon Databook has segmented the Kuwait in-vitro toxicology testing market based on pharmaceutical industry, cosmetics and household products, academic institutes and research laboratories, diagnostics, chemicals industry, food industry covering the revenue growth of each sub-segment from 2018 to 2030.
In vitro toxicology testing in Kuwait is an important aspect of drug development and safety assessment. It involves the use of various in vitro assays to predict the toxic effects of a drug or chemical compound. These tests can be performed on cell cultures, tissues, and isolated organs to evaluate the potential toxicity of a substance before it is tested on humans or animals.
In Kuwait, in vitro toxicology testing is primarily conducted by private CROs and academic research institutions. These facilities offer a range of in vitro assays, including cell viability, genotoxicity, cytotoxicity, and enzyme activity assays.
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In-vitro Toxicology Testing Market Scope
In-vitro Toxicology Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait in-vitro toxicology testing market size, by end user, 2018-2030 (US$M)
Kuwait In-vitro Toxicology Testing Market Outlook Share, 2023 & 2030 (US$M)
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