Kuwait Intravenous Iron Drugs Market Size & Outlook
Kuwait intravenous iron drugs market, 2018-2030 (US$M)
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Kuwait intravenous iron drugs market highlights
- The Kuwait intravenous iron drugs market generated a revenue of USD 6.6 million in 2023 and is expected to reach USD 14.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, ferric carboxymaltose was the largest revenue generating product in 2023.
- Ferric Carboxymaltose is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous iron drugs market data book summary
| Market revenue in 2023 | USD 6.6 million |
| Market revenue in 2030 | USD 14.6 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Ferric carboxymaltose |
| Fastest growing segment | Ferric Carboxymaltose |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Dextran, Iron Sucrose, Ferric Carboxymaltose |
| Key market players worldwide | AbbVie Inc, Civitas Resources Inc Ordinary Shares, Daiichi Sankyo Co Ltd, Sanofi SA, CSL Ltd, COSMOS Pharmaceutical Corp, Zydus Lifesciences, Rockwell Medical Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% of the global intravenous iron drugs 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 intravenous iron drugs market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 33.3 million by 2030.
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Intravenous Iron Drugs Market Scope
Intravenous Iron Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait intravenous iron drugs 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 intravenous iron drugs market will help companies and investors design strategic landscapes.
Ferric carboxymaltose was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Kuwait intravenous iron drugs market based on iron dextran, iron sucrose, ferric carboxymaltose covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait is one of the fastest-growing economies in the Middle East and Africa due to its increasing exports and growing economy. With major advancements in its healthcare infrastructure, the country is tackling the growing prevalence of chronic and lifestyle-associated diseases.
Therefore, the rising prevalence of target diseases in the country is a major factor driving the market. For instance, as per WHO, in 2020, the total number of new cancer cases in Kuwait was 3,842. Kuwait has shown an increased emphasis on early diagnosis and screening for better treatment outlook.
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Target buyers of Kuwait intravenous iron drugs market databook
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Our clientele includes a mix of intravenous iron drugs 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 intravenous iron drugs market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait intravenous iron drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait intravenous iron drugs market size, by product, 2018-2030 (US$M)
Kuwait Intravenous Iron Drugs Market Outlook Share, 2023 & 2030 (US$M)
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