Kuwait Multiomics Market Size & Outlook, 2023-2030
Kuwait multiomics market, 2018-2030 (US$M)
Related Markets
Kuwait multiomics market highlights
- The Kuwait multiomics market generated a revenue of USD 6.2 million in 2023 and is expected to reach USD 11.2 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Multiomics market data book summary
| Market revenue in 2023 | USD 6.2 million |
| Market revenue in 2030 | USD 11.2 million |
| Growth rate | 8.9% (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 | Services, Product |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Danaher Corp, Shimadzu Corp, Bruker Corp, Qiagen NV, Agilent Technologies Inc, BD, Revvity Inc, BGI Group |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.3% of the global multiomics 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 multiomics 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 25.0 million by 2030.
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Multiomics Market Scope
Multiomics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait multiomics 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 multiomics market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 56.45% in 2023. Horizon Databook has segmented the Kuwait multiomics market based on services, product covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait is emerging as one of the fastest-growing nations owing to various factors such as increasing exports and a growing economy. With substantial developments in its healthcare infrastructure, the country is addressing the rising incidence of infectious diseases, chronic ailments, and lifestyle-related health issues.
Moreover, government initiatives to boost scientific research and innovation in genetic diseases drive market growth. For instance, in March 2019, the Center for Arab Genomic Studies participated in the 7th Kuwait international genetic conference. This conference was aimed at promoting diagnosis and treatment rates of genetic diseases.
Reasons to subscribe to Kuwait multiomics market databook:
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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 Kuwait multiomics market databook
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Our clientele includes a mix of multiomics 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 multiomics market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait multiomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait multiomics market size, by product & service, 2018-2030 (US$M)
Kuwait Multiomics Market Outlook Share, 2023 & 2030 (US$M)
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