Saudi Arabia Instrumentation Sterilization Containers Market Size & Outlook
Saudi Arabia instrumentation sterilization containers market, 2018-2030 (US$M)
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Saudi Arabia instrumentation sterilization containers market highlights
- The Saudi Arabia instrumentation sterilization containers market generated a revenue of USD 4.7 million in 2023 and is expected to reach USD 6.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, sterilization containers was the largest revenue generating product in 2023.
- Sterilization Containers is the most lucrative product segment registering the fastest growth during the forecast period.
Instrumentation sterilization containers market data book summary
| Market revenue in 2023 | USD 4.7 million |
| Market revenue in 2030 | USD 6.9 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Sterilization containers |
| Fastest growing segment | Sterilization Containers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sterilization Containers, Accessories |
| Key market players worldwide | Aesculap, Medline Industries, Becton Dickinson & Co, DePuy Synthes, Integra LifeSciences, KLS Martin Group, Asel-Tech, Bahadir Medical Devices, MELAG medical technology, Case Medical |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global instrumentation sterilization containers 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 instrumentation sterilization containers 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 5.6 million by 2030.
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Instrumentation Sterilization Containers Market Scope
Instrumentation Sterilization Containers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia instrumentation sterilization containers 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 instrumentation sterilization containers market will help companies and investors design strategic landscapes.
Sterilization containers was the largest segment with a revenue share of 85.11% in 2023. Horizon Databook has segmented the Saudi Arabia instrumentation sterilization containers market based on sterilization containers, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of surgeries performed in Saudi Arabia is expected to positively impact market growth as the use of sterilization containers becomes essential. For instance, in July 2023, the Ministry of Health reported that over 170,000 noncritical surgeries were performed across different surgical specialties in the initial half of 2023.
They highlighted that the total number of surgeries conducted in hospitals across Saudi Arabia amounted to 177,744. Moreover, general surgeries accounted for the highest percentage at 21%, followed by obstetrics, gynecology, and eye surgery, representing 13% of the specialties. The rise in government initiatives is further expected to propel market growth.
For instance, the Saudi Arabian Government, as part of Vision 2030, outlined plans to allocate over USD 65 billion toward enhancing the country’s healthcare infrastructure. This strategic vision also entails a goal to elevate the private sector’s involvement in healthcare from 40% to 65% by 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia instrumentation sterilization containers market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia instrumentation sterilization containers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia instrumentation sterilization containers market size, by product, 2018-2030 (US$M)
Saudi Arabia Instrumentation Sterilization Containers Market Outlook Share, 2023 & 2030 (US$M)
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