Market revenue in 2024 | USD 6.1 million |
Market revenue in 2030 | USD 10.2 million |
Growth rate | 8.9% (CAGR from 2024 to 2030) |
Largest segment | Services |
Fastest growing segment | Services |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Oligonucleotides, Equipment/Synthesizer, Reagents, Services |
Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, GE HealthCare Technologies Inc Common Stock, Agilent Technologies, Kaneka Corp, Heritage Global Inc, Twist Bioscience Corp, Bio-Synthesis, Biolegio |
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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 oligonucleotide synthesis market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 37.7% in 2024. Horizon Databook has segmented the Kuwait oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing prevalence of genetic disorders is expected to increase the demand for effective treatments, driving the oligonucleotide synthesis market growth in Kuwait. Oligonucleotide-based therapies have shown assurance in treating numerous genetic disorders, including those that were previously considered untreatable, such as spinal muscular atrophy.
As a result, there has been a significant increase in R&D activities to develop oligonucleotide-based therapies for genetic disorders. In addition, the rising incidence of cancer and viral infections has contributed to the oligonucleotide synthesis market growth. According to WHO, in 2020, approximately 3,842 cancer cases were registered in Kuwait.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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