Kuwait Mesenchymal Stem Cells Market Size & Outlook
Kuwait mesenchymal stem cells market, 2018-2030 (US$M)
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Kuwait mesenchymal stem cells market highlights
- The Kuwait mesenchymal stem cells market generated a revenue of USD 0.7 million in 2023 and is expected to reach USD 1.1 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & services in 2023.
- Services is the most lucrative product & services segment registering the fastest growth during the forecast period.
Mesenchymal stem cells market data book summary
| Market revenue in 2023 | USD 0.7 million |
| Market revenue in 2030 | USD 1.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, STEMCELL Technologies, Merck KGaA, Lonza Group Ltd, PromoCell GmbH, Cyagen Biosciences, Stemedica Cell Technologies, Axol Bioscience, Celprogen, Cellcolabs, Visual Photonics Epitaxy |
Other key industry trends
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia mesenchymal stem cells market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 11.6 million by 2030.
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Mesenchymal Stem Cells Market Scope
Mesenchymal Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait mesenchymal stem cells 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 mesenchymal stem cells market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 85.71% in 2023. Horizon Databook has segmented the Kuwait mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
The mesenchymal stem cells market in Kuwait is expected to grow significantly in the coming years due to the increasing focus on stem cell therapies and rising attention toward stem cell transplants nationwide. The country is witnessing numerous stem cell transplant programs.
According to an article published by the Arab Times in January 2023, Kuwait ranks second among the Arab Gulf countries in establishing a stem cell transplant program for children since October 2020.
Thus, with a rising focus on stem cell transplants, the demand for MSCs is expected to increase in the coming years across Kuwait. Furthermore. in June 2019, the first medical facility for stem cell treatment and umbilical care was launched in Kuwait.
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Our clientele includes a mix of mesenchymal stem cells 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 mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
Kuwait Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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