Kuwait Laboratory Information Management System Market Size & Outlook
The laboratory information management system market in Kuwait is expected to reach a projected revenue of US$ 6.9 million by 2030. A compound annual growth rate of 7.1% is expected of Kuwait laboratory information management system market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.3
Forecast, 2030 (US$M)
$6.9
CAGR, 2024 - 2030
7%
Report Coverage
Kuwait
Kuwait laboratory information management system market, 2018-2030 (US$M)
Related Markets
Kuwait laboratory information management system market highlights
- The Kuwait laboratory information management system market generated a revenue of USD 4.3 million in 2023 and is expected to reach USD 6.9 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, cloud-based was the largest revenue generating product in 2023.
- Cloud-based is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory information management system market data book summary
| Market revenue in 2023 | USD 4.3 million |
| Market revenue in 2030 | USD 6.9 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Cloud-based |
| Fastest growing segment | Cloud-based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-premise, Web-hosted, Cloud-based |
| Key market players worldwide | Thermo Fisher Scientific Inc, Siemens AG, LabVantage Solutions, Inc., PerkinElmer, Abbott Laboratories, Illumina Inc, Labworks, LabLynx, LABTrack, Ovation Science Inc Ordinary Shares, Assaynet, LabWare, Autoscribe Informatics, Falcon Computing Solutions, CloudLIMS |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% of the global laboratory information management system 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 information management system 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 27.9 million by 2030.
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Laboratory Information Management System Market Scope
Laboratory information management system market segmentation & scope
Laboratory Information Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait laboratory information management system market size, by product, 2018-2030 (US$M)
Kuwait Laboratory Information Management System Market Outlook Share, 2023 & 2030 (US$M)
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