Saudi Arabia Parenteral Nutrition Market Size & Outlook
Saudi Arabia parenteral nutrition market, 2018-2030 (US$M)
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Saudi Arabia parenteral nutrition market highlights
- The Saudi Arabia parenteral nutrition market generated a revenue of USD 69.1 million in 2023 and is expected to reach USD 94.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, oral was the largest revenue generating product in 2023.
- Oral is the most lucrative product segment registering the fastest growth during the forecast period.
Parenteral nutrition market data book summary
| Market revenue in 2023 | USD 69.1 million |
| Market revenue in 2030 | USD 94.9 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Oral |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Enteral |
| Key market players worldwide | Baxter International Inc, Allergan, Teva Pharmaceutical Industries Ltd, Otsuka Pharmaceutical, Grifols SA Ordinary Shares - Class A, B. Braun, CSL Ltd, Fresenius SE & Co KGaA, Pfizer Inc, Sichuan Kelun Pharmaceutical |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.0% of the global parenteral nutrition 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 parenteral nutrition 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 135.2 million by 2030.
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Parenteral Nutrition Market Scope
Parenteral Nutrition Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia parenteral nutrition 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 parenteral nutrition market will help companies and investors design strategic landscapes.
Oral was the largest segment with a revenue share of 85.38% in 2023. Horizon Databook has segmented the Saudi Arabia parenteral nutrition market based on oral, enteral covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is one of the largest economies in MEA, spending nearly 4.7% of its GDP on healthcare. Saudi Arabia has the largest number of hospitals and primary healthcare centers in the region. With around 26 physicians and 52 nurses per 10,000 people, the country stands first in the region in terms of health resources.
Projects such as King Khaled Medical City, King Abdullah Medical City, and King Faisal Medical City are expected to support market growth. The growing geriatric population, which is highly susceptible to chronic diseases, is one of the major factors positively influencing the market growth in this country.
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Target buyers of Saudi Arabia parenteral nutrition market databook
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Our clientele includes a mix of parenteral nutrition 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 parenteral nutrition market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia parenteral nutrition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia parenteral nutrition market size, by stage, 2018-2030 (US$M)
Saudi Arabia Parenteral Nutrition Market Outlook Share, 2023 & 2030 (US$M)
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