Saudi Arabia Orthopedic Implants Market Size & Outlook
The orthopedic implants market in Saudi Arabia is expected to reach a projected revenue of US$ 178.2 million by 2030. A compound annual growth rate of 5.4% is expected of Saudi Arabia orthopedic implants market from 2024 to 2030.
Revenue, 2023 (US$M)
$123.7
Forecast, 2030 (US$M)
$178.2
CAGR, 2024 - 2030
5.4%
Report Coverage
Saudi Arabia
Saudi Arabia orthopedic implants market, 2018-2030 (US$M)
Related Markets
Saudi Arabia orthopedic implants market highlights
- The Saudi Arabia orthopedic implants market generated a revenue of USD 123.7 million in 2023 and is expected to reach USD 178.2 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, lower extremity implants was the largest revenue generating product in 2023.
- Dental is the most lucrative product segment registering the fastest growth during the forecast period.
Orthopedic implants market data book summary
| Market revenue in 2023 | USD 123.7 million |
| Market revenue in 2030 | USD 178.2 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Lower extremity implants |
| Fastest growing segment | Dental |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lower Extremity Implants, Spinal Implants, Dental, Upper Extremity Implants |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Stryker Corp, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, NuVasive, Globus Medical Inc Class A, Arthrex, Enovis Corp, MicroPort Scientific Corp, ConforMIS, Exactech, Invibio, B. Braun, Acumed, Alphatec Holdings Inc, Integra Lifesciences Holdings Corp, Corin Group, Medacta Group SA Ordinary Shares, OrthoPediatrics Corp, Orthofix Medical Inc, FH Orthopedics, Enovis |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global orthopedic implants market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Kuwait orthopedic implants market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 527.0 million by 2030.
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Orthopedic Implants Market Scope
Orthopedic implants market segmentation & scope
Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia orthopedic implants market size, by product, 2018-2030 (US$M)
Saudi Arabia Orthopedic Implants Market Outlook Share, 2023 & 2030 (US$M)
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