Saudi Arabia Sleep Apnea Devices Market Size & Outlook
Saudi Arabia sleep apnea devices market, 2018-2030 (US$M)
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Saudi Arabia sleep apnea devices market highlights
- The Saudi Arabia sleep apnea devices market generated a revenue of USD 4.5 million in 2023 and is expected to reach USD 6.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, therapeutic devices was the largest revenue generating product in 2023.
- Sleep Apnea Masks is the most lucrative product segment registering the fastest growth during the forecast period.
Sleep apnea devices market data book summary
| Market revenue in 2023 | USD 4.5 million |
| Market revenue in 2030 | USD 6.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic devices |
| Fastest growing segment | Sleep Apnea Masks |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Devices, Therapeutic Devices, Sleep Apnea Masks |
| Key market players worldwide | ResMed Inc, Koninklijke Philips NV, Fisher & Paykel Healthcare Corp Ltd, BMC Medical, Natus Medical, SOMNOmedics, ZOLL Medical Corporation, Nihon Kohden Corp, Curative Medical, React Health, Somnetics, Compumedics-alpha trace |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.1% of the global sleep apnea devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE sleep apnea devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 8.0 million by 2030.
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Sleep Apnea Devices Market Scope
Sleep Apnea Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia sleep apnea devices 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 sleep apnea devices market will help companies and investors design strategic landscapes.
Therapeutic devices was the largest segment with a revenue share of 82.22% in 2023. Horizon Databook has segmented the Saudi Arabia sleep apnea devices market based on diagnostic devices, therapeutic devices, sleep apnea masks covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of people suffering from chronic conditions, such as obesity & hypertension, in Saudi Arabia is paving way for growth of the sleep apnea devices market in the country.
This is because the probability of suffering from some form of sleep disorder increases in these patients.
For instance, as per an article published in Canadian Respiratory Journal, in December 2016, on a yearly basis, the prevalence of obesity in adults aged 30 to 60 years had increased by around 1.5% for women and 4.1% in men.
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Our clientele includes a mix of sleep apnea devices 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 sleep apnea devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia sleep apnea devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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