Saudi Arabia Intravenous Iron Drugs Market Size & Outlook
Saudi Arabia intravenous iron drugs market, 2018-2030 (US$M)
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Saudi Arabia intravenous iron drugs market highlights
- The Saudi Arabia intravenous iron drugs market generated a revenue of USD 14.7 million in 2023 and is expected to reach USD 33.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, ferric carboxymaltose was the largest revenue generating product in 2023.
- Ferric Carboxymaltose is the most lucrative product segment registering the fastest growth during the forecast period.
Intravenous iron drugs market data book summary
| Market revenue in 2023 | USD 14.7 million |
| Market revenue in 2030 | USD 33.3 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Ferric carboxymaltose |
| Fastest growing segment | Ferric Carboxymaltose |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Dextran, Iron Sucrose, Ferric Carboxymaltose |
| Key market players worldwide | AbbVie Inc, Civitas Resources Inc Ordinary Shares, Daiichi Sankyo Co Ltd, Sanofi SA, CSL Ltd, COSMOS Pharmaceutical Corp, Zydus Lifesciences, Rockwell Medical Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global intravenous iron drugs 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 intravenous iron drugs market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 33.3 million by 2030.
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Intravenous Iron Drugs Market Scope
Intravenous Iron Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia intravenous iron drugs 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 intravenous iron drugs market will help companies and investors design strategic landscapes.
Ferric carboxymaltose was the largest segment with a revenue share of 49.66% in 2023. Horizon Databook has segmented the Saudi Arabia intravenous iron drugs market based on iron dextran, iron sucrose, ferric carboxymaltose covering the revenue growth of each sub-segment from 2018 to 2030.
The intravenous iron drugs market in Saudi Arabia is expected to grow at a lucrative rate over the forecast period, owing to the rapid launch of new products in the region and increasing number of government initiatives.
The completion of the study and the inclusion of medication under insurance are expected to increase patient access to treatments and, as a result, boost the demand for medicines over the forecast period. CKD burden is higher in Saudi Arabia as compared to the western world.
Based on data published in the International Journal of Nephrology published in 2019, around 6% of the total population had CKD, of which, only 7.1% were aware of their disease status. According to Globo can 2020, 27,885 cancer cases were recorded in 2020 in Saudi Arabia.
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Our clientele includes a mix of intravenous iron drugs market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia intravenous iron drugs market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia intravenous iron drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia intravenous iron drugs market size, by product, 2018-2030 (US$M)
Saudi Arabia Intravenous Iron Drugs Market Outlook Share, 2023 & 2030 (US$M)
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