Market revenue in 2023 | USD 21.4 million |
Market revenue in 2030 | USD 38.3 million |
Growth rate | 8.7% (CAGR from 2023 to 2030) |
Largest segment | Non-portable blood warmers |
Fastest growing segment | Portable Blood Warmers |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Portable Blood Warmers, Non-portable Blood Warmers |
Key market players worldwide | Stryker Corp, Gentherm Inc Class A, 3M Co, ICU Medical Inc, Vyaire Medical, Belmont Medical Technologies, The Surgical Company, Life Warmer, Mequ, Estill Medical Technologies, Smisson-Cartledge Biomedical |
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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 blood warmer market will help companies and investors design strategic landscapes.
Non-portable blood warmers was the largest segment with a revenue share of 57.01% in 2023. Horizon Databook has segmented the Saudi Arabia blood warmer market based on portable blood warmers, non-portable blood warmers covering the revenue growth of each sub-segment from 2018 to 2030.
The blood/IV warmers market in Saudi Arabia is anticipated to witness significant growth over the forecast period. Saudi Arabia is outperforming other countries in MEA in terms of healthcare due to ongoing efforts by the government and corporate sector.
Saudi Arabia has the largest number of hospitals and primary healthcare centers in the region. Moreover, increase in disposable income due to economic growth and urbanization is anticipated to create lucrative growth opportunities.
The government of Saudi Arabia is diverting funds toward creating a robust healthcare infrastructure by establishing new hospitals. For instance, the Ministry of Health planned to spend approximately USD 71.0 billion over 5 years ending in 2020, in line with the government’s Vision 2030 and the National Transformation Program.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia blood warmer market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia blood warmer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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