Kuwait Microbiome Sequencing Services Market Size & Outlook
Kuwait microbiome sequencing services market, 2018-2030 (US$M)
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Kuwait microbiome sequencing services market highlights
- The Kuwait microbiome sequencing services market generated a revenue of USD 6.2 million in 2023 and is expected to reach USD 8.9 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, sequencing by synthesis was the largest revenue generating technology in 2023.
- Sequencing by synthesis is the most lucrative technology segment registering the fastest growth during the forecast period.
Microbiome sequencing services market data book summary
| Market revenue in 2023 | USD 6.2 million |
| Market revenue in 2030 | USD 8.9 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Sequencing by synthesis |
| Fastest growing segment | Sequencing by synthesis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sequencing by synthesis, Sequencing by ligation, Sanger sequencing |
| Key market players worldwide | Microbiome Insights Inc., BaseClear, Clinical Microbiomics, Mérieux NutriSciences Corporation, Mr Dna, Metabiomics, Rancho BioSciences, Second Genome, Zymo Research, uBiome |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.4% of the global microbiome sequencing 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, Saudi Arabia microbiome sequencing services 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 19.8 million by 2030.
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Microbiome Sequencing Services Market Scope
Microbiome Sequencing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait microbiome sequencing 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 microbiome sequencing services market will help companies and investors design strategic landscapes.
Sequencing by synthesis was the largest segment with a revenue share of 59.68% in 2023. Horizon Databook has segmented the Kuwait microbiome sequencing services market based on sequencing by synthesis, sequencing by ligation, sanger sequencing covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait is one of the fastest-growing countries due to its increasing exports and growing economy. With major advancements in its healthcare infrastructure, the country is tackling the growing prevalence of infectious, chronic, and lifestyle-associated diseases.
Therefore, the rising prevalence of target diseases in the country is a major factor driving the market. Furthermore, being a world leader in oil production, the country often faces the challenge of various genetic & rare disorders and the local government is making enough efforts to tackle the threat of rare diseases by promoting diagnosis rates and facilitating treatment rates.
In March 2019, the Center for Arab Genomic Studies participated in the 7th Kuwait International Genetic Conference. This conference aimed at promoting diagnosis and treatment rates of genetic diseases.
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Target buyers of Kuwait microbiome sequencing services market databook
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Our clientele includes a mix of microbiome sequencing 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 microbiome sequencing services market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait microbiome sequencing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait microbiome sequencing services market size, by technology, 2018-2030 (US$M)
Kuwait Microbiome Sequencing Services Market Outlook Share, 2023 & 2030 (US$M)
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