Saudi Arabia Extracorporeal Co2 Removal Devices Market Size & Outlook
Saudi Arabia extracorporeal co2 removal devices market, 2017-2030 (US$M)
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Saudi Arabia extracorporeal co2 removal devices market highlights
- The Saudi Arabia extracorporeal co2 removal devices market generated a revenue of USD 0.9 million in 2022 and is expected to reach USD 1.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.1% from 2023 to 2030.
- In terms of segment, extracorporeal co2 machines was the largest revenue generating product in 2022.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Extracorporeal co2 removal devices market data book summary
| Market revenue in 2022 | USD 0.9 million |
| Market revenue in 2030 | USD 1.1 million |
| Growth rate | 3.1% (CAGR from 2022 to 2030) |
| Largest segment | Extracorporeal co2 machines |
| Fastest growing segment | Other Products |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extracorporeal CO2 machines, Disposables, Other Products |
| Key market players worldwide | Medtronic PLC, Getinge AB ADR, Fresenius Medical Care AG, LivaNova PLC, Aferetica, Estor |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global extracorporeal co2 removal devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia extracorporeal co2 removal 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 0.9 million by 2030.
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Extracorporeal CO2 Removal Devices Market Scope
Extracorporeal CO2 Removal Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia extracorporeal co2 removal 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 extracorporeal co2 removal devices market will help companies and investors design strategic landscapes.
Extracorporeal co2 machines was the largest segment with a revenue share of 55.56% in 2022. Horizon Databook has segmented the Saudi Arabia extracorporeal co2 removal devices market based on extracorporeal co2 machines, disposables, other products covering the revenue growth of each sub-segment from 2017 to 2030.
The Ministry of Health (MOH) is the organization responsible for maintaining healthcare services in Saudi Arabia. Healthcare insurance is provided by both government and private entities. With increasing incidence of ARDS and COPD, the burden of chronic respiratory disease in the country is rising.
Moreover, high rate of urbanization in some parts of Mecca, Riyadh, and the Eastern Province is creating huge growth opportunities for market players. Thus, urbanization and increasing prevalence of chronic respiratory diseases are expected to accelerate the extracorporeal CO2 removal devices market growth in Saudi Arabia over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia extracorporeal co2 removal devices market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia extracorporeal co2 removal devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia extracorporeal co2 removal devices market size, by product, 2017-2030 (US$M)
Saudi Arabia Extracorporeal CO2 Removal Devices Market Share, 2022 & 2030 (US$M)
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