Market revenue in 2022 | USD 92.8 million |
Market revenue in 2030 | USD 147.7 million |
Growth rate | 6% (CAGR from 2022 to 2030) |
Largest segment | Fibers & resins |
Fastest growing segment | Biodegradable Polymers |
Historical data | 2019 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Fibers & Resins, Medical Elastomers, Biodegradable Polymers |
Key market players worldwide | Basf SE, Cargill, Covestro AG, Celanese Corp Class A, Eastman Chemical Co, Evonik Industries AG, Dow Inc, Exxon Mobil Corp, Arkema SA, Koninklijke DSM NV, Formosa Plastics Group, SABIC, Trinseo PLC |
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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 medical polymers market will help companies and investors design strategic landscapes.
Fibers & resins was the largest segment with a revenue share of 79.53% in 2022. Horizon Databook has segmented the Saudi Arabia medical polymers market based on fibers & resins, medical elastomers, biodegradable polymers covering the revenue growth of each sub-segment from 2019 to 2030.
The healthcare industry in Saudi Arabia is expected to expand rapidly over the coming years due to innovations and technological advancements in the medical industry.
The healthcare industry is consistently investing on cloud integration and developing personalized medical devices, which may drive the medical polymers market.
The country depends on medical device imports from American companies. Local manufacturing is limited to medical consumables such as syringes, bandages, gloves, and furniture used in medical institutions.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia medical polymers market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia medical polymers market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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