Kuwait Laboratory Equipment Market Size & Outlook
The laboratory equipment market in Kuwait is expected to reach a projected revenue of US$ 124.4 million by 2030. A compound annual growth rate of 4.6% is expected of Kuwait laboratory equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$91.0
Forecast, 2030 (US$M)
$124.4
CAGR, 2024 - 2030
4.6%
Report Coverage
Kuwait
Related Markets
Kuwait laboratory equipment market highlights
- The Kuwait laboratory equipment market generated a revenue of USD 91.0 million in 2023 and is expected to reach USD 124.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, general was the largest revenue generating product in 2023.
- Clinical is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory equipment market data book summary
| Market revenue in 2023 | USD 91.0 million |
| Market revenue in 2030 | USD 124.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | General |
| Fastest growing segment | Clinical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General, Analytical, Clinical, Support, Specialty |
| Key market players worldwide | Sartorius AG, Bio-Rad Laboratories Inc, FUJIFILM Holdings Corp, Thermo Fisher Scientific Inc, Agilent Technologies Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.3% of the global laboratory equipment 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 laboratory equipment 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 484.3 million by 2030.
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Laboratory Equipment Market Scope
Laboratory equipment market segmentation & scope
Laboratory Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Sartorius AG | View profile | 14338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | https://www.sartorius.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
Kuwait laboratory equipment market size, by product, 2018-2030 (US$M)
Kuwait Laboratory Equipment Market Outlook Share, 2023 & 2030 (US$M)
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