Market revenue in 2023 | USD 70.9 million |
Market revenue in 2030 | USD 155.5 million |
Growth rate | 11.9% (CAGR from 2023 to 2030) |
Largest segment | Rna-based therapies |
Fastest growing segment | Gene Therapy |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Gene Therapy, RNA-based Therapies |
Key market players worldwide | Catalent Inc, Thermo Fisher Scientific Inc, Lonza Group Ltd, FUJIFILM Holdings Corp, Charles River Laboratories International Inc, Eurofins Scientific SE, PerkinElmer, Oxford Biomedical Research, Danaher Corp |
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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 nucleic acid therapeutics cdmo market will help companies and investors design strategic landscapes.
Rna-based therapies was the largest segment with a revenue share of 65.59% in 2023. Horizon Databook has segmented the UAE nucleic acid therapeutics cdmo market based on gene therapy, rna-based therapies covering the revenue growth of each sub-segment from 2018 to 2030.
The market for nucleic acid therapeutics CDMO in UAE is driven by increasing demand for advanced and personalized therapies, growing investment for various studies, and increasing emphasis on treating a wide range of genetic & chronic diseases.
In addition, commercial expansion strategy and delivering a top-quality sale & support experience to researchers and industry players have contributed to the market growth. For instance, in April 2023, Orbital Therapeutics raised USD 270 million in a Series A round led by ARCH Venture Partners to advance its programmable RNA therapeutics portfolio.
The initial investors of the Series A round were a16z Bio + Health and Newpath Partners. The company’s new investors are Abu Dhabi Growth Fund, Red mile Group, Invus, EXOR, Moore Strategic Ventures, iGlobe Platinum Fund Group, & Casdin Capital.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE nucleic acid therapeutics cdmo market , including forecasts for subscribers. This country databook contains high-level insights into UAE nucleic acid therapeutics cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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