Saudi Arabia Artificial Hearts Market Size & Outlook

The artificial hearts market in Saudi Arabia is expected to reach a projected revenue of US$ 17.0 million by 2030. A compound annual growth rate of 6.9% is expected of Saudi Arabia artificial hearts market from 2024 to 2030.
Revenue, 2023 (US$M)
$10.7
Forecast, 2030 (US$M)
$17.0
CAGR, 2024 - 2030
6.9%
Report Coverage
Saudi Arabia

Saudi Arabia artificial hearts market highlights

  • The Saudi Arabia artificial hearts market generated a revenue of USD 10.7 million in 2023 and is expected to reach USD 17.0 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
  • In terms of segment, lvads was the largest revenue generating product in 2023.
  • LVADs is the most lucrative product segment registering the fastest growth during the forecast period.


Artificial hearts market data book summary

Market revenue in 2023USD 10.7 million
Market revenue in 2030USD 17.0 million
Growth rate6.8% (CAGR from 2023 to 2030)
Largest segmentLvads
Fastest growing segmentLVADs
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLVADs, Heart-lung Machine
Key market players worldwidePicard Medical, Carmat, BiVACOR, Abbott Laboratories, Johnson & Johnson, Symbion, LivaNova PLC, Getinge AB ADR, Terumo Corp, SynCardia Systems


Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 0.4% of the global artificial hearts 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 artificial hearts 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 12.8 million by 2030.

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Artificial Hearts Market Companies

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Saudi Arabia artificial hearts 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 artificial hearts market will help companies and investors design strategic landscapes.


Lvads was the largest segment with a revenue share of 56.07% in 2023. Horizon Databook has segmented the Saudi Arabia artificial hearts market based on lvads, heart-lung machine covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of artificial hearts market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia artificial hearts market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia artificial hearts market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Saudi Arabia artificial hearts market size, by product, 2018-2030 (US$M)

Saudi Arabia Artificial Hearts Market Outlook Share, 2023 & 2030 (US$M)

Saudi Arabia artificial hearts market size, by product, 2018-2030 (US$M)

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