Kuwait Plasmid Dna Contract Manufacturing Market Size & Outlook
- HC Outsourcing
- CMO/CDMO
- Plasmid DNA Contract Manufacturing Market Outlook
- CMO/CDMO
Kuwait Plasmid Dna Contract Manufacturing Market, 2018-2030 (US$M)
Global Market
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Kuwait plasmid dna contract manufacturing market highlights
- The Kuwait plasmid dna contract manufacturing market generated a revenue of USD 0.3 million in 2023 and is expected to reach USD 0.8 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 16.8% from 2024 to 2030.
- In terms of segment, cell & gene therapy was the largest revenue generating application in 2023.
- Immunotherapy is the most lucrative application segment registering the fastest growth during the forecast period.
Plasmid dna contract manufacturing market data book summary
| Market revenue in 2023 | USD 0.3 million |
| Market revenue in 2030 | USD 0.8 million |
| Growth rate | 16.8% (CAGR from 2023 to 2030) |
| Largest segment | Cell & gene therapy |
| Fastest growing segment | Immunotherapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cell & Gene Therapy, Immunotherapy |
| Key market players worldwide | Charles River Laboratories International Inc, Boehringer Ingelheim, Thermo Fisher Scientific Inc, Lonza Group Ltd, Viva Biotech, VGXI, PlasmidFactory, BioCina, TriLink BioTechnologies, Esco Aster |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% of the global plasmid dna contract manufacturing 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 plasmid dna contract manufacturing 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 7.7 million by 2030.
The growth of the market in the country is low as compared to other MEA countries. The key factors driving the market are rising geriatric population and increasing prevalence of chronic diseases. Geriatric population results in social and economic burden.
According to a recent analysis by CSR GULF, Kuwait would have aging demography by 2040 if fertility rates continue to drop along with the high percentage of celibacy. According to data from the Public Authority for Civil Information, the population of Kuwait shrank from 3.3% in 2011 to roughly 2.0% in 2020 and then to 1.8% in 2021.
On the other hand, the population of those aged 65 and over rose from 2.0% in 2011 to roughly 4.0% by the end of 2021. These abovementioned factors would drive the need for plasmid DNA contract manufacturing market in the country.
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Plasmid DNA Contract Manufacturing Market Scope
Plasmid DNA Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lonza Group Ltd | View profile | 18,000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | www.lonza.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Charles River Laboratories International Inc | View profile | 21,400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | www.criver.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | www.boehringer-ingelheim.com/ |
| TriLink BioTechnologies | View profile | 251-500 | San Diego, California, United States, North America | www.trilinkbiotech.com/ |
| BioCina | View profile | 101-250 | Thebarton, South Australia, Australia, Oceania | www.biocina.com/ |
| Viva Biotech | View profile | 1001-5000 | Shanghai, Shanghai, China, Asia | www.vivabiotech.com.cn/ |
| VGXI | View profile | 101-250 | The Woodlands, Texas, United States, North America | vgxii.com/ |
| PlasmidFactory | View profile | 11-50 | Bielefeld, Nordrhein-Westfalen, Germany, Europe | plasmidfactory.com/ |
| Esco Aster | View profile | 11-50 | Singapore, Central Region, Singapore, Asia | escoaster.com |
Kuwait Plasmid DNA Contract Manufacturing 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 Plasmid DNA Contract Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Cell & Gene Therapy was the largest segment with a revenue share of 66.67% in 2023.
Horizon Databook has segmented the Kuwait plasmid dna contract manufacturing market based on cell & gene therapy, immunotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the market in the country is low as compared to other MEA countries. The key factors driving the market are rising geriatric population and increasing prevalence of chronic diseases. Geriatric population results in social and economic burden.
According to a recent analysis by CSR GULF, Kuwait would have aging demography by 2040 if fertility rates continue to drop along with the high percentage of celibacy. According to data from the Public Authority for Civil Information, the population of Kuwait shrank from 3.3% in 2011 to roughly 2.0% in 2020 and then to 1.8% in 2021.
On the other hand, the population of those aged 65 and over rose from 2.0% in 2011 to roughly 4.0% by the end of 2021. These abovementioned factors would drive the need for plasmid DNA contract manufacturing market in the country.
- Kuwait Plasmid Dna Contract Manufacturing Market Application Outlook (Revenue, USD Million , 2018-2030)
- Cell & Gene Therapy
- Immunotherapy
- Others
- Kuwait Plasmid Dna Contract Manufacturing Market Therapeutic Area Outlook (Revenue, USD Million , 2018-2030)
- Cancer
- Infectious Diseases
- Autoimmune Diseases
- Cardiovascular Diseases
- Others
- Kuwait Plasmid Dna Contract Manufacturing Market End User Outlook (Revenue, USD Million , 2018-2030)
- Pharmaceutical and Biotechnology Companies
- Research Institutes
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait Plasmid DNA Contract Manufacturing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Kuwait Plasmid DNA Contract Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Kuwait Plasmid Dna Contract Manufacturing Market, 2018-2030 (US$M)
Kuwait plasmid dna contract manufacturing market statistics, by application, 2018-2030 (US$M)
