Kuwait Vitrification Market Size & Outlook, 2024-2030
Kuwait vitrification market, 2018-2030 (US$M)
Related Markets
Kuwait vitrification market highlights
- The Kuwait vitrification market generated a revenue of USD 9.4 million in 2023 and is expected to reach USD 15.5 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, oocytes was the largest revenue generating specimen in 2023.
- Sperm is the most lucrative specimen segment registering the fastest growth during the forecast period.
Vitrification market data book summary
| Market revenue in 2023 | USD 9.4 million |
| Market revenue in 2030 | USD 15.5 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Oocytes |
| Fastest growing segment | Sperm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oocytes, Embryo, Sperm |
| Key market players worldwide | Vitrolife AB ADR, Genea Biomedx, Immersion Corp, The Cooper Companies Inc, FUJIFILM Holdings Corp, BioTech Medics Inc, Nidacon, Minitube, Kitazato, VitaVitro Biotech |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% of the global vitrification 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 vitrification market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 67.9 million by 2030.
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Vitrification Market Scope
Vitrification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait vitrification 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 vitrification market will help companies and investors design strategic landscapes.
Oocytes was the largest segment with a revenue share of 42.55% in 2024. Horizon Databook has segmented the Kuwait vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait is one of the fastest-growing countries due to its increasing exports and growing economy. With major advancements in its healthcare infrastructure, the country is tackling the growing burden of infertility and other lifestyle-associated disorders.
Therefore, the rising prevalence of target diseases in the country is a major factor driving the market. Furthermore, being a world leader in oil production, the country often faces the challenge of various genetic & rare disorders, and the local government is making enough efforts to tackle the threat of rare diseases by undertaking favorable initiatives.
Moreover, vitrification has significantly improved the success rates of fertility treatments compared to traditional slow-freezing methods. Vitrification has a higher survival rate and better post-thaw embryo viability, leading to increased chances of successful pregnancies.
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Target buyers of Kuwait vitrification market databook
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Our clientele includes a mix of vitrification 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 vitrification market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait vitrification market size, by specimen, 2018-2030 (US$M)
Kuwait Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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