Kuwait Pharmaceutical Analytical Testing Outsourcing Market Size & Outlook
Kuwait pharmaceutical analytical testing outsourcing market, 2018-2030 (US$M)
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Kuwait pharmaceutical analytical testing outsourcing market highlights
- The Kuwait pharmaceutical analytical testing outsourcing market generated a revenue of USD 20.1 million in 2023 and is expected to reach USD 39.1 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, other testing services was the largest revenue generating services in 2023.
- Other Testing Services is the most lucrative services segment registering the fastest growth during the forecast period.
Pharmaceutical analytical testing outsourcing market data book summary
| Market revenue in 2023 | USD 20.1 million |
| Market revenue in 2030 | USD 39.1 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Other testing services |
| Fastest growing segment | Other Testing Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalytical Testing, Method Development and Validation, Stability Testing, Other Testing Services |
| Key market players worldwide | SGS AG, Labcorp Holdings Inc, Eurofins Scientific SE, Intertek Group PLC, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, Charles River Laboratories International Inc, West Pharmaceutical Services Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.2% of the global pharmaceutical analytical testing outsourcing 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 pharmaceutical analytical testing outsourcing 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 47.8 million by 2030.
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Pharmaceutical Analytical Testing Outsourcing Market Scope
Pharmaceutical Analytical Testing Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait pharmaceutical analytical testing outsourcing 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 pharmaceutical analytical testing outsourcing market will help companies and investors design strategic landscapes.
Other testing services was the largest segment with a revenue share of 39.3% in 2023. Horizon Databook has segmented the Kuwait pharmaceutical analytical testing outsourcing market based on bioanalytical testing, method development and validation, stability testing, other testing services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Kuwait pharmaceutical analytical testing outsourcing market databook
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Our clientele includes a mix of pharmaceutical analytical testing outsourcing 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 pharmaceutical analytical testing outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait pharmaceutical analytical testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait pharmaceutical analytical testing outsourcing market size, by services, 2018-2030 (US$M)
Kuwait Pharmaceutical Analytical Testing Outsourcing Market Outlook Share, 2023 & 2030 (US$M)
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