Saudi Arabia Ostomy Care And Accessories Market Size & Outlook
Saudi Arabia ostomy care and accessories market, 2018-2030 (US$M)
Related Markets
Saudi Arabia ostomy care and accessories market highlights
- The Saudi Arabia ostomy care and accessories market generated a revenue of USD 75.6 million in 2023 and is expected to reach USD 113.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, bags was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Ostomy care and accessories market data book summary
| Market revenue in 2023 | USD 75.6 million |
| Market revenue in 2030 | USD 113.6 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Bags |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bags, Accessories |
| Key market players worldwide | Coloplast A/S ADR, ConvaTec Group PLC, Hollister, Marlen Manufacturing and Development Co., Nu-Hope Laboratories, Perfect Choice Medical Technologies, Safe N Simple, AdvaCare Pharma, CyMed, Eakin Healthcare Group, Alcare Diagnostics & Research Center |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.0% of the global ostomy care and accessories 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 ostomy care and accessories 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 94.7 million by 2030.
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Ostomy Care And Accessories Market Scope
Ostomy Care And Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia ostomy care and accessories 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 ostomy care and accessories market will help companies and investors design strategic landscapes.
Bags was the largest segment with a revenue share of 85.05% in 2023. Horizon Databook has segmented the Saudi Arabia ostomy care and accessories market based on bags, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The Government of Saudi Arabia encourages participation of the private sector in healthcare as highlighted in the National Transformation Plan (NTP). In Saudi Arabia, March is considered to be the colorectal cancer awareness month.
According to the International Agency for Research on Cancer, incidence of colon cancer is expected to increase from 1,947 in 2018 to 2,708 in 2025.
Thus, increasing number of government initiatives & awareness programs and rising incidence of colon cancer are expected to drive market growth in Saudi Arabia during the forecast period.
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Our clientele includes a mix of ostomy care and accessories market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia ostomy care and accessories market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia ostomy care and accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia ostomy care and accessories market size, by product, 2018-2030 (US$M)
Saudi Arabia Ostomy Care And Accessories Market Outlook Share, 2023 & 2030 (US$M)
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