Saudi Arabia Hernia Mesh Devices Market Size & Outlook
Saudi Arabia hernia mesh devices market, 2018-2030 (US$M)
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Saudi Arabia hernia mesh devices market highlights
- The Saudi Arabia hernia mesh devices market generated a revenue of USD 43.8 million in 2023 and is expected to reach USD 68.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, inguinal was the largest revenue generating hernia type in 2023.
- Incisional is the most lucrative hernia type segment registering the fastest growth during the forecast period.
Hernia mesh devices market data book summary
| Market revenue in 2023 | USD 43.8 million |
| Market revenue in 2030 | USD 68.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Inguinal |
| Fastest growing segment | Incisional |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inguinal, Incisional, Femoral |
| Key market players worldwide | Johnson & Johnson, LifeCell International, B. Braun, Baxter International Inc, Getinge AB ADR, Herniamesh, COOK, W.L. Gore & Associates, Becton Dickinson & Co |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global hernia mesh devices 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 hernia mesh 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 93.0 million by 2030.
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Hernia Mesh Devices Market Scope
Hernia Mesh Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia hernia mesh 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 hernia mesh devices market will help companies and investors design strategic landscapes.
Inguinal was the largest segment with a revenue share of 75.57% in 2023. Horizon Databook has segmented the Saudi Arabia hernia mesh devices market based on inguinal, incisional, femoral covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare system in Saudi Arabia is outperforming other countries in MEA due to ongoing efforts by the government and the corporate sector. Saudi Arabia has the largest number of hospitals and primary healthcare centers in the region.
Moreover, increase in disposable income due to economic growth and urbanization is anticipated to create lucrative growth opportunities. The Saudi Arabian government is diverting funds toward creating a robust healthcare infrastructure by establishing new hospitals.
For instance, the Ministry of Health was expected to spend approximately USD 71.00 billion over 5 years ending in 2020, in line with the government’s Vision 2030 and the National Transformation Program.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia hernia mesh devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia hernia mesh devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia hernia mesh devices market size, by hernia type, 2018-2030 (US$M)
Saudi Arabia Hernia Mesh Devices Market Outlook Share, 2023 & 2030 (US$M)
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