Kuwait Laboratory Equipment Market Size & Outlook, 2023-2030
The laboratory equipment market in Kuwait is expected to reach a projected revenue of US$ 124.4 million by 2030. A compound annual growth rate of 4.6% is expected of Kuwait laboratory equipment market from 2024 to 2030.
- HC Supplies
- Medical Supplies
- Laboratory Equipment Market Outlook
- Medical Supplies
Revenue, 2023 (US$M)
$91.0
Forecast, 2030 (US$M)
$124.4
CAGR, 2024 - 2030
4.6%
Report Coverage
Kuwait
Kuwait Laboratory Equipment Market, 2018-2030 (US$M)
Global Market
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Kuwait laboratory equipment market highlights
- The Kuwait laboratory equipment market generated a revenue of USD 91.0 million in 2023 and is expected to reach USD 124.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, general was the largest revenue generating product in 2023.
- Clinical is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory equipment market data book summary
| Market revenue in 2023 | USD 91.0 million |
| Market revenue in 2030 | USD 124.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | General |
| Fastest growing segment | Clinical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | General, Analytical, Clinical, Support, Specialty |
| Key market players worldwide | Sartorius AG, Bio-Rad Laboratories Inc, FUJIFILM Holdings Corp, Thermo Fisher Scientific Inc, Agilent Technologies Inc |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.3% of the global laboratory 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 laboratory equipment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 484.3 million by 2030.
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Laboratory Equipment Market Scope
Laboratory Equipment Market segmentation & scope
Laboratory Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| FUJIFILM Holdings Corp | View profile | 83,784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | www.fujifilmholdings.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Sartorius AG | View profile | 14,338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | www.sartorius.com |
| Agilent Technologies Inc | View profile | 17,700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | www.agilent.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
Kuwait Laboratory 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 Laboratory Equipment Market Outlook will help companies and investors design strategic landscapes.
General was the largest segment with a revenue share of 27.36% in 2023.
Horizon Databook has segmented the Kuwait laboratory equipment market based on general, analytical, clinical, support, specialty covering the revenue growth of each sub-segment from 2018 to 2030.
- Kuwait Laboratory Equipment Market Product Outlook (Revenue, USD Million , 2018-2030)
- General
- Analytical
- Clinical
- Support
- Specialty
- Kuwait Laboratory Equipment Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Research Institutions
- Healthcare
- Veterinary
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait Laboratory Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Kuwait Laboratory Equipment Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Kuwait Laboratory Equipment Market, 2018-2030 (US$M)
Kuwait laboratory equipment market statistics, by product, 2018-2030 (US$M)
