Saudi Arabia Medical Simulation Market Size & Outlook
Saudi Arabia medical simulation market, 2018-2030 (US$M)
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Saudi Arabia medical simulation market highlights
- The Saudi Arabia medical simulation market generated a revenue of USD 26.6 million in 2023 and is expected to reach USD 82.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 17.6% from 2024 to 2030.
- In terms of segment, healthcare anatomical models was the largest revenue generating healthcare simulation in 2023.
- Healthcare Simulation Software is the most lucrative healthcare simulation segment registering the fastest growth during the forecast period.
Medical simulation market data book summary
| Market revenue in 2023 | USD 26.6 million |
| Market revenue in 2030 | USD 82.6 million |
| Growth rate | 17.6% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare anatomical models |
| Fastest growing segment | Healthcare Simulation Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Healthcare Anatomical Models, Web Based Simulators, Simulation Training Services, Healthcare Simulation Software |
| Key market players worldwide | CAE Inc, Laerdal Medical, 3D Systems Corp, Shimadzu Corp, Surgical Science Sweden AB, Limbs & Things, Simulaids, Gaumard Scientific, Mentice, Simulab Corporation |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.9% of the global medical simulation 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 medical simulation 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 114.7 million by 2030.
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Medical Simulation Market Scope
Medical Simulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia medical simulation 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 medical simulation market will help companies and investors design strategic landscapes.
Healthcare anatomical models was the largest segment with a revenue share of 98.5% in 2023. Horizon Databook has segmented the Saudi Arabia medical simulation market based on healthcare anatomical models, web based simulators, simulation training services, healthcare simulation software covering the revenue growth of each sub-segment from 2018 to 2030.
The country is completely dependent on imports of medical devices. With technological developments, newer minimally invasive techniques are expected to become available, empowering combination of emerging technology in various surgical devices.
In April 2020, Princess Nourah Bint Abdul Rahman University’s (PNU) Center of Simulation and Clinical Skills Development launched online training courses for healthcare professionals dealing with COVID-19 cases.
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Our clientele includes a mix of medical simulation 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 medical simulation market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia medical simulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia medical simulation market size, by healthcare simulation, 2018-2030 (US$M)
Saudi Arabia Medical Simulation Market Outlook Share, 2023 & 2030 (US$M)
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