Kuwait Metagenomics Market Size & Outlook, 2024-2030
The metagenomics market in Kuwait is expected to reach a projected revenue of US$ 16.6 million by 2030. A compound annual growth rate of 11% is expected of Kuwait metagenomics market from 2024 to 2030.
Revenue, 2023 (US$M)
$8.2
Forecast, 2030 (US$M)
$16.6
CAGR, 2024 - 2030
11%
Report Coverage
Kuwait
Related Markets
Kuwait metagenomics market highlights
- The Kuwait metagenomics market generated a revenue of USD 8.2 million in 2023 and is expected to reach USD 16.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, kits & reagents was the largest revenue generating product in 2023.
- Sequencing & Data Analytics Services is the most lucrative product segment registering the fastest growth during the forecast period.
Metagenomics market data book summary
| Market revenue in 2023 | USD 8.2 million |
| Market revenue in 2030 | USD 16.6 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Sequencing & Data Analytics Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Sequencing & Data Analytics Services, Software |
| Key market players worldwide | Bio-Rad Laboratories Inc, Illumina Inc, PerkinElmer, Thermo Fisher Scientific Inc, Novogene, Promega, Qiagen NV, Takara Bio Inc, Oxford Nanopore Technologies PLC, Roche Holding AG |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.4% of the global metagenomics 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 metagenomics 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 40.7 million by 2030.
Kits & reagents was the largest segment with a revenue share of 60.98% in 2023. Horizon Databook has segmented the Kuwait metagenomics market based on kits & reagents, sequencing & data analytics services, software covering the revenue growth of each sub-segment from 2018 to 2030.
The sequencing of several population groups was achieved through the 1000 Genome Project. To understand the genetic variation of humans, new genome projects are being launched to sequence underrepresented populations. The Kuwait Genome Project is an attempt to sequence the individual genomes of the population in the country.
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Metagenomics Market Scope
Metagenomics market segmentation & scope
Metagenomics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oxford Nanopore Technologies PLC | View profile | 1133 | Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, United Kingdom, OX4 4DQ | https://www.nanoporetech.com |
| Promega | View profile | 5001-10000 | Madison, Wisconsin, United States, North America | http://www.promega.com/es |
| Novogene | View profile | 501-1000 | Beijing, Beijing, China, Asia | https://en.novogene.com/ |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Takara Bio Inc | View profile | 1793 | Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 | http://www.takara-bio.co.jp |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Kuwait metagenomics market size, by product, 2018-2030 (US$M)
Kuwait Metagenomics Market Outlook Share, 2023 & 2030 (US$M)
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