Saudi Arabia Stem Cells Market Size & Outlook, 2024-2030
Saudi Arabia stem cells market, 2018-2030 (US$M)
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Saudi Arabia stem cells market highlights
- The Saudi Arabia stem cells market generated a revenue of USD 100.3 million in 2024 and is expected to reach USD 189.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.1% from 2025 to 2030.
- In terms of segment, adult stem cells was the largest revenue generating product in 2024.
- Induced Pluripotent Stem Cells is the most lucrative product segment registering the fastest growth during the forecast period.
Stem cells market data book summary
| Market revenue in 2024 | USD 100.3 million |
| Market revenue in 2030 | USD 189.0 million |
| Growth rate | 11.1% (CAGR from 2024 to 2030) |
| Largest segment | Adult stem cells |
| Fastest growing segment | Induced Pluripotent Stem Cells |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adult Stem Cells, Human Embryonic Stem Cells, Induced Pluripotent Stem Cells, Very Small Embryonic Like Stem Cells |
| Key market players worldwide | Thermo Fisher Scientific Inc, STEMCELL Technologies, CellGenix, PromoCell GmbH, Takara Bio Inc, Lonza Group Ltd, ATCC, Bio-Techne Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global stem cells market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa stem cells 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 138.0 million by 2030.
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Stem Cells Market Scope
Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia stem cells 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 stem cells market will help companies and investors design strategic landscapes.
Adult stem cells was the largest segment with a revenue share of 83.85% in 2024. Horizon Databook has segmented the Saudi Arabia stem cells market based on adult stem cells, human embryonic stem cells, induced pluripotent stem cells, very small embryonic like stem cells covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia has become the first Arabian country with more than 10,000 stem cell donors. This indicates the increasing adoption of stem cell therapies in the country. Such initiatives are expected to drive the market for mesenchymal stem cells in Saudi Arabia.
In addition, major companies such as Celltex Therapeutics Corporation are expanding their business in Saudi Arabia. In March 2019, Celltex Therapeutics Corporation signed a Memorandum of Understanding with the Research Products Development Company (RPDC) for the commercialization of the company’s stem cell technology.
Such companies are anticipated to propel the market in the country. Furthermore, King Abdulaziz University is one of the major contributors to stem cell research in the country. For instance, in February 2018, the university undertook an initiative to evaluate in vitro chondrocyte differentiation.
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Our clientele includes a mix of stem cells market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia stem cells market size, by product, 2018-2030 (US$M)
Saudi Arabia Stem Cells Market Outlook Share, 2024 & 2030 (US$M)
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