Saudi Arabia Biological Skin Substitutes Market Size & Outlook
Saudi Arabia biological skin substitutes market, 2018-2030 (US$M)
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Saudi Arabia biological skin substitutes market highlights
- The Saudi Arabia biological skin substitutes market generated a revenue of USD 0.8 million in 2023 and is expected to reach USD 1.3 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, human donor tissue-derived products was the largest revenue generating type in 2023.
- Human Donor Tissue-Derived Products is the most lucrative type segment registering the fastest growth during the forecast period.
Biological skin substitutes market data book summary
| Market revenue in 2023 | USD 0.8 million |
| Market revenue in 2030 | USD 1.3 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Human donor tissue-derived products |
| Fastest growing segment | Human Donor Tissue-Derived Products |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Human Donor Tissue-Derived Products, Acellular Animal-derived Products |
| Key market players worldwide | 3M Co, Organogenesis Holdings Inc Class A, Integra Lifesciences Holdings Corp, Smith & Nephew PLC, MiMedx Group Inc, Essity AB Class B, Stryker Corp, Vericel Corp, Mallinckrodt PLC Ordinary Shares - New, Tissue Regenix |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.2% of the global biological skin substitutes 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 biological skin substitutes 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 3.6 million by 2030.
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Biological Skin Substitutes Market Scope
Biological Skin Substitutes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia biological skin substitutes 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 biological skin substitutes market will help companies and investors design strategic landscapes.
Human donor tissue-derived products was the largest segment with a revenue share of 62.5% in 2023. Horizon Databook has segmented the Saudi Arabia biological skin substitutes market based on human donor tissue-derived products, acellular animal-derived products covering the revenue growth of each sub-segment from 2018 to 2030.
The availability of world-class healthcare infrastructure and increase in the number of industry experts trained rapidly are supporting the market in Saudi Arabia. Saudi Arabia medical device approval process is not as stringent as that of developed countries.
This is expected to improve the interest of medical device CROs and CDMOs to enter the market, thus boosting competition in Saudi Arabia market. Some key players operating in the country are IQVIA, Inc., Laboratory Corporation of America Holdings, and SGS SA.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia biological skin substitutes market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia biological skin substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia biological skin substitutes market size, by type, 2018-2030 (US$M)
Saudi Arabia Biological Skin Substitutes Market Outlook Share, 2023 & 2030 (US$M)
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