Kuwait Personalized Medicine Market Size & Outlook
Kuwait personalized medicine market, 2018-2030 (US$M)
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Kuwait personalized medicine market highlights
- The Kuwait personalized medicine market generated a revenue of USD 1,826.1 million in 2023 and is expected to reach USD 3,137.8 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, personalized nutrition & wellness was the largest revenue generating product in 2023.
- PM Therapeutics is the most lucrative product segment registering the fastest growth during the forecast period.
Personalized medicine market data book summary
| Market revenue in 2023 | USD 1,826.1 million |
| Market revenue in 2030 | USD 3,137.8 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Personalized nutrition & wellness |
| Fastest growing segment | PM Therapeutics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PM Diagnostics, PM Therapeutics, Personalized Medical Care, Personalized Nutrition & Wellness |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Illumina Inc, Asure Software Inc, Abbott Laboratories, Danaos Corp, Exact Sciences Corp, Danaher Corp, Amgen Inc, Qiagen NV, Exagen Inc Ordinary Shares, Quest Diagnostics Inc, Biogen Inc, Genelux Corp, International Business Machines Corp, Genentech, 23andMe Holding Co Class A |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.3% of the global personalized medicine 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 personalized medicine 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 3,783.0 million by 2030.
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Personalized Medicine Market Scope
Personalized Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait personalized medicine 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 personalized medicine market will help companies and investors design strategic landscapes.
Personalized nutrition & wellness was the largest segment with a revenue share of 35.68% in 2023. Horizon Databook has segmented the Kuwait personalized medicine market based on pm diagnostics, pm therapeutics, personalized medical care, personalized nutrition & wellness covering the revenue growth of each sub-segment from 2018 to 2030.
The personalized medicine market in Kuwait is witnessing notable growth and transformation, driven by advancements in healthcare technology and a growing emphasis on tailored therapeutic approaches. As Kuwait embraces precision medicine, there is a surge in demand for diagnostic tools, genetic testing, and targeted therapies that consider individual variability in genes, environment, and lifestyle.
The adoption of personalized medicine in Kuwait holds the promise of more effective and efficient healthcare delivery, with a focus on optimizing treatment outcomes while minimizing adverse effects. The market is witnessing increased collaborations between healthcare providers, pharmaceutical companies, and technology firms to integrate genomic data into clinical decision-making.
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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 personalized medicine market databook
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Our clientele includes a mix of personalized medicine 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 personalized medicine market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait personalized medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait personalized medicine market size, by product, 2018-2030 (US$M)
Kuwait Personalized Medicine Market Outlook Share, 2023 & 2030 (US$M)
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