Saudi Arabia Oxygen Therapy Market Size & Outlook
Saudi Arabia oxygen therapy market, 2018-2030 (US$M)
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Saudi Arabia oxygen therapy market highlights
- The Saudi Arabia oxygen therapy market generated a revenue of USD 110.3 million in 2022 and is expected to reach USD 148.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, oxygen source equipment was the largest revenue generating product in 2022.
- Oxygen Delivery Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Oxygen therapy market data book summary
| Market revenue in 2022 | USD 110.3 million |
| Market revenue in 2030 | USD 148.6 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen source equipment |
| Fastest growing segment | Oxygen Delivery Devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxygen Source Equipment, Oxygen Delivery Devices |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Inogen Inc, Smiths Group PLC, Fisher & Paykel Healthcare Corp Ltd, Koninklijke Philips NV, Allied Healthcare Products Inc, Teleflex Inc, Chart Industries Inc, Draegerwerk AG & Co KGaA, Niterra Co Ltd, Invacare, Hersill, DeVilbiss Healthcare, Tecno-Gaz |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.3% of the global oxygen therapy market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa oxygen therapy 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 568.8 million by 2030.
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Oxygen Therapy Market Scope
Oxygen Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia oxygen therapy 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 oxygen therapy market will help companies and investors design strategic landscapes.
Oxygen source equipment was the largest segment with a revenue share of 56.21% in 2022. Horizon Databook has segmented the Saudi Arabia oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
Growth of Saudi Arabia oxygen therapy market can be attributed to technologically advanced healthcare infrastructure and government & nongovernment initiatives to deliver oxygen with high purity, which is expected to drive the overall growth of the market for Saudi Arabia.
For instance, Air Liquide entered the Saudi home healthcare sector and expanded its Middle Eastern healthcare operations with the acquisition of Thimar Al Jazirah Co (TAC) respiratory division. In addition, VitalAire Arabia offers home healthcare services and equipment for oxygen therapy.
Sleep apnea, ventilation, & aerosol therapy for chronic patients at home or in hospitals. Hence, increasing initiatives from market players to deliver oxygen therapy equipment and ventilators are expected to drive growth of the market in Saudi Arabia.
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Our clientele includes a mix of oxygen therapy 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 oxygen therapy market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia oxygen therapy market size, by product, 2018-2030 (US$M)
Saudi Arabia Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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