Saudi Arabia Smoke Evacuation System Market Size & Outlook
Saudi Arabia smoke evacuation system market, 2018-2030 (US$M)
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Saudi Arabia smoke evacuation system market highlights
- The Saudi Arabia smoke evacuation system market generated a revenue of USD 1.1 million in 2023 and is expected to reach USD 2.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, smoke evacuating systems was the largest revenue generating product in 2023.
- Smoke Evacuating Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Smoke evacuation system market data book summary
| Market revenue in 2023 | USD 1.1 million |
| Market revenue in 2030 | USD 2.0 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Smoke evacuating systems |
| Fastest growing segment | Smoke Evacuating Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smoke Evacuating Systems, Smoke Evacuation Filters, Smoke Evacuation Pencils & Wands, Smoke-Evac Fusion Products (Shrouds), Smoke Evacuation Tubings, Accessories |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Conmed Corp, Johnson & Johnson, Zimmer Biomet Holdings Inc, Olympus Corp, Erbe Elektromedizin, Steris PLC, KLS Martin Group, Symmetry Surgical |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global smoke evacuation system 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 smoke evacuation system market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.0 million by 2030.
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Smoke Evacuation System Market Scope
Smoke Evacuation System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia smoke evacuation system 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 smoke evacuation system market will help companies and investors design strategic landscapes.
Smoke evacuating systems was the largest segment with a revenue share of 36.36% in 2023. Horizon Databook has segmented the Saudi Arabia smoke evacuation system market based on smoke evacuating systems, smoke evacuation filters, smoke evacuation pencils & wands, smoke-evac fusion products (shrouds), smoke evacuation tubings, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is one of the key markets in the MEA region. High disease burden and growing penetration of health insurance are creating growth opportunities for smoke evacuation systems market. Lack of well-defined regulatory framework, inadequate distribution channels of global manufacturers, and shortage of skilled professionals are some of the factors limiting growth in Saudi Arabia.
However, various initiatives being undertaken by the government, such as more stringent regulations and frequent scrutiny especially of day surgeries, to improve healthcare quality in South Arabia are expected to boost the market over the forecast period.
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Our clientele includes a mix of smoke evacuation system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 smoke evacuation system market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia smoke evacuation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia smoke evacuation system market size, by product, 2018-2030 (US$M)
Saudi Arabia Smoke Evacuation System Market Outlook Share, 2023 & 2030 (US$M)
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