Saudi Arabia Dermatology Devices Market Size & Outlook
Saudi Arabia dermatology devices market, 2018-2030 (US$M)
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Saudi Arabia dermatology devices market highlights
- The Saudi Arabia dermatology devices market generated a revenue of USD 84.7 million in 2023 and is expected to reach USD 156.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, treatment devices was the largest revenue generating product in 2023.
- Treatment devices is the most lucrative product segment registering the fastest growth during the forecast period.
Dermatology devices market data book summary
| Market revenue in 2023 | USD 84.7 million |
| Market revenue in 2030 | USD 156.9 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Treatment devices |
| Fastest growing segment | Treatment devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic devices, Treatment devices |
| Key market players worldwide | Fosun International Ltd, Bausch Health Companies Inc, Cutera Inc, Ambicare Health |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global dermatology 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 dermatology 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 303.9 million by 2030.
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Dermatology Devices Market Scope
Dermatology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia dermatology 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 dermatology devices market will help companies and investors design strategic landscapes.
Treatment devices was the largest segment with a revenue share of 79.46% in 2023. Horizon Databook has segmented the Saudi Arabia dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia has very high living standards with strong influence from Western culture. Its dermatology devices market is growing at a rapid pace, owing to wide-scale acceptance of skin-related procedures and usage of advanced devices.
Key drivers of the Saudi Arabian market include a younger and accepting population with growing beauty & health consciousness, well-established healthcare infrastructure, and growing disposable income. According to new reforms, women are now allowed to work in Saudi Arabia, which directly affects their disposable income, leading to an increase in expenditure on personal care.
These factors can fuel the market in the country. Healthcare in Saudi Arabia is a national healthcare system and services are typically free of charge for all Saudi citizens & expatriates working in the public sector.
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Target buyers of Saudi Arabia dermatology devices market databook
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Our clientele includes a mix of dermatology devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia dermatology devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)
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