Saudi Arabia Diabetic Foot Ulcer Treatment Market Size & Outlook
Saudi Arabia diabetic foot ulcer treatment market, 2018-2030 (US$M)
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Saudi Arabia diabetic foot ulcer treatment market highlights
- The Saudi Arabia diabetic foot ulcer treatment market generated a revenue of USD 42.5 million in 2023 and is expected to reach USD 59.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, biologics was the largest revenue generating treatment in 2023.
- Biologics is the most lucrative treatment segment registering the fastest growth during the forecast period.
Diabetic foot ulcer treatment market data book summary
| Market revenue in 2023 | USD 42.5 million |
| Market revenue in 2030 | USD 59.2 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Biologics |
| Fastest growing segment | Biologics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wound Care Dressings, Biologics, Therapy Devices, Antibiotic Medications |
| Key market players worldwide | ConvaTec Group PLC, 3M Co, Coloplast A/S ADR, Smith & Nephew PLC, Medtronic PLC |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global diabetic foot ulcer treatment 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 diabetic foot ulcer treatment 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 41.5 million by 2030.
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Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia diabetic foot ulcer treatment 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 diabetic foot ulcer treatment market will help companies and investors design strategic landscapes.
Biologics was the largest segment with a revenue share of 36.47% in 2023. Horizon Databook has segmented the Saudi Arabia diabetic foot ulcer treatment market based on wound care dressings, biologics, therapy devices, antibiotic medications covering the revenue growth of each sub-segment from 2018 to 2030.
Technological innovation is a key factor in transforming the country’s healthcare industry at a significant rate. The country is focusing on the digitalization of healthcare by leveraging innovative technologies, such as AI, big data, and cloud computing.
There are currently 150 health-tech startups in the country. Moreover, major global players are opting for regulatory clearance to launch their products to cater to the growing demand for diabetic foot ulcer treatment market in the country.
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Target buyers of Saudi Arabia diabetic foot ulcer treatment market databook
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Our clientele includes a mix of diabetic foot ulcer treatment 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia diabetic foot ulcer treatment market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia diabetic foot ulcer treatment market size, by treatment, 2018-2030 (US$M)
Saudi Arabia Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
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