Kuwait Next-generation Sequencing Data Analysis Market Size & Outlook
Kuwait next-generation sequencing data analysis market, 2018-2030 (US$M)
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Kuwait next-generation sequencing data analysis market highlights
- The Kuwait next-generation sequencing data analysis market generated a revenue of USD 1.2 million in 2023 and is expected to reach USD 3.5 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 16% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Next-generation sequencing data analysis market data book summary
| Market revenue in 2023 | USD 1.2 million |
| Market revenue in 2030 | USD 3.5 million |
| Growth rate | 16% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, NGS Commercial Software |
| Key market players worldwide | Bio-Rad Laboratories Inc, DNAnexus, Qiagen NV, DNAstar, Pacific Biosciences of California Inc, Eurofins Scientific SE, Illumina Inc, PierianDx, Agilent Technologies Inc, Roche Holding AG, Alphabet Inc Class A, Thermo Fisher Scientific Inc, Golden Helix, Scigenom Labs, Genuity Science, Fabric Genomics (formerly Omicia), Congenica, Precigen |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% of the global next-generation sequencing data analysis market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa next-generation sequencing data analysis market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 11.5 million by 2030.
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Next-generation Sequencing Data Analysis Market Scope
Next-generation Sequencing Data Analysis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait next-generation sequencing data analysis 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 next-generation sequencing data analysis market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 58.33% in 2023. Horizon Databook has segmented the Kuwait next-generation sequencing data analysis market based on services, ngs commercial 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 in Kuwait. To understand the genetic variation of humans, new genome projects are being launched to sequence underrepresented populations.
For instance, the Kuwait Genome Project is an attempt to sequence the individual genomes of the population in the country. These factors are likely to fuel market growth in the coming years in Kuwait.
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Target buyers of Kuwait next-generation sequencing data analysis market databook
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Our clientele includes a mix of next-generation sequencing data analysis 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 next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
Kuwait Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)
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