Saudi Arabia Bronchial Biopsy Devices Market Size & Outlook
Saudi Arabia bronchial biopsy devices market, 2018-2030 (US$M)
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Saudi Arabia bronchial biopsy devices market highlights
- The Saudi Arabia bronchial biopsy devices market generated a revenue of USD 2.3 million in 2023 and is expected to reach USD 3.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, transbronchial needle aspiration (tbna) needles was the largest revenue generating product in 2023.
- Transbronchial Needle Aspiration (TBNA) Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Bronchial biopsy devices market data book summary
| Market revenue in 2023 | USD 2.3 million |
| Market revenue in 2030 | USD 3.7 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Transbronchial needle aspiration (tbna) needles |
| Fastest growing segment | Transbronchial Needle Aspiration (TBNA) Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopsy Forceps, Transbronchial Needle Aspiration (TBNA) Needles, Cytology Brushes |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Conmed Corp, Medtronic PLC, Becton Dickinson & Co, Hobbs Medical, Cook Medical, Telemed Systems, Argon Medical Devices, Horizons International |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.4% of the global bronchial biopsy devices 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 bronchial biopsy devices 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 5.1 million by 2030.
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Bronchial Biopsy Devices Market Scope
Bronchial Biopsy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia bronchial biopsy devices 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 bronchial biopsy devices market will help companies and investors design strategic landscapes.
Transbronchial needle aspiration (tbna) needles was the largest segment with a revenue share of 56.52% in 2023. Horizon Databook has segmented the Saudi Arabia bronchial biopsy devices market based on biopsy forceps, transbronchial needle aspiration (tbna) needles, cytology brushes covering the revenue growth of each sub-segment from 2018 to 2030.
There is a growing preference for minimally invasive diagnostic procedures in Saudi Arabia. Technologies such as rEBUS are becoming more popular due to their benefits of reduced recovery times and lower risk of complications. In addition, facilities like King Saud Medical City are increasingly utilizing rEBUS technology to enhance diagnostic precision and patient comfort.
Moreover, Saudi Arabia is significantly investing in the modernization of its healthcare infrastructure, which supports the adoption of advanced bronchial biopsy devices. These investments aim to expand access to high-tech diagnostic tools and improve healthcare quality.
For instance, the Saudi Arabian Vision 2030 initiative includes substantial investments in healthcare infrastructure, which is expected to create a favorable environment for the adoption of cutting-edge diagnostic tools. Furthermore, the increasing adoption of these devices by hospitals is expected to drive market growth over the forecast period.
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Our clientele includes a mix of bronchial biopsy devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia bronchial biopsy devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia bronchial biopsy devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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