Saudi Arabia Apheresis Equipment Market Size & Outlook
Saudi Arabia apheresis equipment market, 2018-2030 (US$M)
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Saudi Arabia apheresis equipment market highlights
- The Saudi Arabia apheresis equipment market generated a revenue of USD 41.8 million in 2023 and is expected to reach USD 70.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, disposable apheresis kits was the largest revenue generating product in 2023.
- Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Apheresis equipment market data book summary
| Market revenue in 2023 | USD 41.8 million |
| Market revenue in 2030 | USD 70.9 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Disposable apheresis kits |
| Fastest growing segment | Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Apheresis Kits, Devices |
| Key market players worldwide | Asahi Kasei Corp, Terumo Corp, Fresenius SE & Co KGaA, Haemonetics Corp, B. Braun, Nikkiso Co Ltd, Mallinckrodt PLC Ordinary Shares - New |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.4% of the global apheresis 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 apheresis 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 97.2 million by 2030.
Disposable apheresis kits was the largest segment with a revenue share of 72.01% in 2023. Horizon Databook has segmented the Saudi Arabia apheresis equipment market based on disposable apheresis kits, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The increase in the number of blood donors in Saudi Arabia is expected to positively impact the apheresis equipment market growth in the country. As more individuals donate blood, the demand for efficient & advanced blood collection and processing technologies also rises.
The projections for blood donation and distribution trends indicate a substantial surge in the demand for blood, outpacing the current donation rates. In 2020, a total of 342,460 blood donations were recorded across governmental donation centers, where females represented a minimal 2.5% of the donors.
Moreover, apheresis equipment plays a crucial role in this context, as it allows for the separation of specific components from whole blood, such as plasma or platelets, which can be used for various medical purposes.
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Apheresis Equipment Market Scope
Apheresis Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia apheresis equipment market size, by product, 2018-2030 (US$M)
Saudi Arabia Apheresis Equipment Market Outlook Share, 2023 & 2030 (US$M)
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