Kuwait Sterilization Equipment Market Size & Outlook
Kuwait sterilization equipment market, 2018-2030 (US$M)
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Kuwait sterilization equipment market highlights
- The Kuwait sterilization equipment market generated a revenue of USD 55.5 million in 2023 and is expected to reach USD 113.6 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, low-temperature sterilizers was the largest revenue generating product in 2023.
- Low-temperature sterilizers is the most lucrative product segment registering the fastest growth during the forecast period.
Sterilization equipment market data book summary
| Market revenue in 2023 | USD 55.5 million |
| Market revenue in 2030 | USD 113.6 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Low-temperature sterilizers |
| Fastest growing segment | Low-temperature sterilizers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat sterilizers, Low-temperature sterilizers, Sterile membrane filters, Radiation Sterilization Devices |
| Key market players worldwide | Steris PLC, Sotera Health Co Ordinary Shares, Cantel Medical, Fortive Corp, E-BEAM Services |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.7% of the global sterilization equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa sterilization equipment 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 204.8 million by 2030.
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Sterilization Equipment Market Scope
Sterilization Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait sterilization equipment 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 sterilization equipment market will help companies and investors design strategic landscapes.
Low-temperature sterilizers was the largest segment with a revenue share of 47.03% in 2023. Horizon Databook has segmented the Kuwait sterilization equipment market based on heat sterilizers, low-temperature sterilizers, sterile membrane filters, radiation sterilization devices covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of chronic diseases and technological advancements in medical devices are among the primary factors driving growth of sterilization equipment market in Kuwait. In Kuwait, NCDs are a leading cause of death. According to data published by S. Karger AG, journal, in December 2022, 25% of individuals
In Kuwait reported having at least one NCD. Moreover, according to a report by PLOS, in June 2022, the prevalence of diabetes in Kuwait was estimated at 22.0%, which is double the worldwide prevalence (9.3%). In addition, about one-fourth of the population has two or more chronic conditions.
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Target buyers of Kuwait sterilization equipment market databook
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Our clientele includes a mix of sterilization equipment 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 sterilization equipment market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait sterilization equipment market size, by product, 2018-2030 (US$M)
Kuwait Sterilization Equipment Market Outlook Share, 2023 & 2030 (US$M)
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