Saudi Arabia Cardiac Rhythm Management Devices Market Size & Outlook
Saudi Arabia cardiac rhythm management devices market, 2018-2030 (US$M)
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Saudi Arabia cardiac rhythm management devices market highlights
- The Saudi Arabia cardiac rhythm management devices market generated a revenue of USD 160.3 million in 2024 and is expected to reach USD 221.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, defibrillators was the largest revenue generating product in 2024.
- Defibrillators is the most lucrative product segment registering the fastest growth during the forecast period.
Cardiac rhythm management devices market data book summary
| Market revenue in 2024 | USD 160.3 million |
| Market revenue in 2030 | USD 221.2 million |
| Growth rate | 5.5% (CAGR from 2024 to 2030) |
| Largest segment | Defibrillators |
| Fastest growing segment | Defibrillators |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT) |
| Key market players worldwide | Stryker Corp, BIOTRONIK, SCHILLER, Medtronic PLC, Abbott Laboratories, Koninklijke Philips NV, ZOLL Medical Corporation, Boston Scientific Corp, LivaNova PLC, Progetti Medical |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.9% of the global cardiac rhythm management devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa cardiac rhythm management devices 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 194.1 million by 2030.
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Cardiac Rhythm Management Devices Market Scope
Cardiac Rhythm Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia cardiac rhythm management 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 cardiac rhythm management devices market will help companies and investors design strategic landscapes.
Defibrillators was the largest segment with a revenue share of 51.78% in 2024. Horizon Databook has segmented the Saudi Arabia cardiac rhythm management devices market based on pacemakers, defibrillators, cardiac resynchronization therapy (crt) covering the revenue growth of each sub-segment from 2018 to 2030.
The growing awareness about cardiac health and demand for quality healthcare services is expected to drive the market in the future. For instance, in April 2023, The Saudi Red Crescent Authority (SRCA) announced to installation of AEDs in mosques within the Riyadh region.
These factors are contributing to the CRMDs market growth. Atrial fibrillation is a key driver of the cardiac rhythm management devices market in Saudi Arabia due to its high prevalence, associated complications, advancements in treatment options, increasing awareness, and government support for healthcare initiatives.
These factors contribute to the growing demand for CRM devices used in the management of AF in Saudi Arabia. According to an article published by NIH in 2018, the study found that the rate of atrial fibrillation among Saudi Arabian patients with chronic heart failure was 14.9%.
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Our clientele includes a mix of cardiac rhythm management 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 cardiac rhythm management devices market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia cardiac rhythm management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia cardiac rhythm management devices industry size, by product, 2018-2030 (US$M)
Saudi Arabia Cardiac Rhythm Management Devices Market Share, 2024 & 2030 (US$M)
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