Saudi Arabia Guidewires Market Size & Outlook, 2023-2030
Saudi Arabia guidewires market, 2018-2030 (US$M)
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Saudi Arabia guidewires market highlights
- The Saudi Arabia guidewires market generated a revenue of USD 32.9 million in 2023 and is expected to reach USD 49.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, coronary guidewires was the largest revenue generating product in 2023.
- Neurovascular guidewires is the most lucrative product segment registering the fastest growth during the forecast period.
Guidewires market data book summary
| Market revenue in 2023 | USD 32.9 million |
| Market revenue in 2030 | USD 49.7 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Coronary guidewires |
| Fastest growing segment | Neurovascular guidewires |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coronary guidewires, Peripheral guidewires, Urology guidewires, Neurovascular guidewires |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, COOK, B. Braun, Terumo Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, BD |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global guidewires market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia guidewires 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 26.6 million by 2030.
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Guidewires Market Scope
Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia guidewires 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 guidewires market will help companies and investors design strategic landscapes.
Coronary guidewires was the largest segment with a revenue share of 43.16% in 2023. Horizon Databook has segmented the Saudi Arabia guidewires market based on coronary guidewires, peripheral guidewires, urology guidewires, neurovascular guidewires covering the revenue growth of each sub-segment from 2018 to 2030.
The higher spending capacity of the Middle Eastern countries, such as the United Arab Emirates and Saudi Arabia, is creating demand for technologically advanced devices, which is likely to increase the number of minimally invasive interventional procedures.
Coronary heart disease is one of the main health problems in Saudi Arabia. As per the statistics provided by WHO, about 37% of the population suffered from cardiovascular disease in 2016.
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Our clientele includes a mix of guidewires 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 guidewires market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia guidewires market size, by product, 2018-2030 (US$M)
Saudi Arabia Guidewires Market Outlook Share, 2023 & 2030 (US$M)
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