Kuwait Life Sciences Translation Services Market Size & Outlook
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Kuwait life sciences translation services market highlights
- The Kuwait life sciences translation services market generated a revenue of USD 5.7 million in 2023 and is expected to reach USD 10.3 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, technical translation was the largest revenue generating type in 2023.
- Clinical/Document Translation is the most lucrative type segment registering the fastest growth during the forecast period.
Life sciences translation services market data book summary
| Market revenue in 2023 | USD 5.7 million |
| Market revenue in 2030 | USD 10.3 million |
| Growth rate | 8.7% (CAGR from 2024 to 2030) |
| Largest segment | Technical translation |
| Fastest growing segment | Clinical/Document Translation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical/Document Translation, Technical Translation, Labeling and Device Translation, Corporate/Marketing Translation |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.4% of the global life sciences translation services 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 life sciences translation services 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 21.1 million by 2030.
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Life Sciences Translation Services Market Scope
Life Sciences Translation Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Morningside College | View profile | 501-1000 | Sioux City, Iowa, United States, North America | https://www.morningside.edu |
| Lionbridge Technologies, Inc. | View profile | - | - | - |
| Questel | View profile | 1001-5000 | Paris, Ile-de-France, France, Europe | https://www.questel.com/ |
Kuwait life sciences translation services 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 life sciences translation services market will help companies and investors design strategic landscapes.
Technical translation was the largest segment with a revenue share of 40.35% in 2023. Horizon Databook has segmented the Kuwait life sciences translation services market based on clinical/document translation, technical translation, labeling and device translation, corporate/marketing translation covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Kuwait life sciences translation services market databook
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Our clientele includes a mix of life sciences translation services 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 life sciences translation services market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait life sciences translation services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Kuwait life sciences translation services market size, by type, 2018-2030 (US$M)
Kuwait Life Sciences Translation Services Market Outlook Share, 2023 & 2030 (US$M)
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