UAE Mesenchymal Stem Cells Market Size & Outlook
UAE mesenchymal stem cells market, 2018-2030 (US$M)
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UAE mesenchymal stem cells market highlights
- The UAE mesenchymal stem cells market generated a revenue of USD 4.9 million in 2023 and is expected to reach USD 11.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 13% 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 4.9 million |
| Market revenue in 2030 | USD 11.6 million |
| Growth rate | 13% (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
- In terms of revenue, UAE accounted for 0.2% of the global mesenchymal stem cells 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 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 |
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UAE 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 79.59% in 2023. Horizon Databook has segmented the UAE 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 the UAE is expected to grow significantly due to the rising focus on stem cell therapy and research in the country. Several academic and research institutions are undertaking research activities based on stem cells, which is expected to drive market growth.
Moreover, the research centers operating in the country are developing stem cell-based treatments and also gaining support from government authorities for their efforts.
For instance, in May 2020, the Ministry of Economy granted a patent to the Abu Dhabi Stem Cell Center, ADSCC, for the development of novel and promising treatments for COVID-19 infections using stem cells.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE mesenchymal stem cells market databook
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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 UAE mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into UAE mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
UAE Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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