Saudi Arabia Disinfection Cap Market Size & Outlook
Saudi Arabia disinfection cap market, 2016-2027 (US$M)
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Saudi Arabia disinfection cap market highlights
- The Saudi Arabia disinfection cap market generated a revenue of USD 4.0 million in 2020 and is expected to reach USD 5.3 million by 2027.
- The Saudi Arabia market is expected to grow at a CAGR of 4.2% from 2021 to 2027.
- In terms of segment, non-retail was the largest revenue generating distributors in 2020.
- Retail is the most lucrative distributors segment registering the fastest growth during the forecast period.
Disinfection cap market data book summary
| Market revenue in 2020 | USD 4.0 million |
| Market revenue in 2027 | USD 5.3 million |
| Growth rate | 4.2% (CAGR from 2020 to 2027) |
| Largest segment | Non-retail |
| Fastest growing segment | Retail |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Retail, Non-retail |
| Key market players worldwide | 3M Co, Becton Dickinson & Co, ICU Medical Inc, Baxter International Inc, B. Braun Medical |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global disinfection cap market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa disinfection cap market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.7 million by 2027.
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Disinfection Cap Market Scope
Disinfection Cap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia disinfection cap 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 disinfection cap market will help companies and investors design strategic landscapes.
Non-retail was the largest segment with a revenue share of 70% in 2020. Horizon Databook has segmented the Saudi Arabia disinfection cap market based on retail, non-retail covering the revenue growth of each sub-segment from 2016 to 2027.
Increasing number of surgeries in Saudi Arabia may positively impact the market growth, as disinfection caps are among the essential requirements for disinfecting needles before surgeries. For instance, according to a report published by the Ministry of Health of Saudi Arabia in 2017, around 448٫453 surgeries are performed per year in Saudi Arabia.
Reprocessing of surgical units before performing surgeries is an essential step, as it reduces the risk of developing hospital acquired infections. Therefore, these factors are anticipated to propel the market growth over the forecast period.
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Our clientele includes a mix of disinfection cap 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 disinfection cap market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia disinfection cap market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Saudi Arabia disinfection cap market size, by distributors, 2016-2027 (US$M)
Saudi Arabia Disinfection Cap Market Share, 2020 & 2027 (US$M)
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