Saudi Arabia Endotracheal Tube Market Size & Outlook
Saudi Arabia endotracheal tube market, 2018-2030 (US$M)
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Saudi Arabia endotracheal tube market highlights
- The Saudi Arabia endotracheal tube market generated a revenue of USD 20.2 million in 2023 and is expected to reach USD 26.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, regular endotracheal was the largest revenue generating product in 2023.
- Reinforced Endotracheal Tube is the most lucrative product segment registering the fastest growth during the forecast period.
Endotracheal tube market data book summary
| Market revenue in 2023 | USD 20.2 million |
| Market revenue in 2030 | USD 26.0 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Regular endotracheal |
| Fastest growing segment | Reinforced Endotracheal Tube |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular Endotracheal, Reinforced Endotracheal Tube, Preformed Endotracheal Tube, Double-lumen Endotracheal Tube |
| Key market players worldwide | Angiplast, Advin Health Care, Sterimed Group, ICU Medical Inc, Medtronic PLC, Teleflex Inc, ConvaTec Group PLC, Hollister, Medline Industries, BD, Pfm Medical |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global endotracheal tube 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 endotracheal tube 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 31.4 million by 2030.
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Endotracheal Tube Market Scope
Endotracheal Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia endotracheal tube 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 endotracheal tube market will help companies and investors design strategic landscapes.
Regular endotracheal was the largest segment with a revenue share of 32.18% in 2023. Horizon Databook has segmented the Saudi Arabia endotracheal tube market based on regular endotracheal, reinforced endotracheal tube, preformed endotracheal tube, double-lumen endotracheal tube covering the revenue growth of each sub-segment from 2018 to 2030.
Over the forecast period, the Saudi Arabian endotracheal tube market is expected to grow significantly. Saudi Arabia's healthcare system is more advanced than that of other MEA countries due to the continued efforts of the government and private sector. In the region, Saudi Arabia has the highest number of hospitals and basic healthcare institutions.
Furthermore, economic growth and urbanization are expected to enhance disposable income, resulting in profitable growth potential. Saudi Arabia's government is allocating funds to develop new hospitals to build a strong healthcare system.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia endotracheal tube market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia endotracheal tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia endotracheal tube market size, by product, 2018-2030 (US$M)
Saudi Arabia Endotracheal Tube Market Outlook Share, 2023 & 2030 (US$M)
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