Saudi Arabia Steerable Sheaths Market Size & Outlook
Saudi Arabia steerable sheaths market, 2018-2030 (US$M)
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Saudi Arabia steerable sheaths market highlights
- The Saudi Arabia steerable sheaths market generated a revenue of USD 6.6 million in 2023 and is expected to reach USD 9.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, single-use steerable sheaths was the largest revenue generating type in 2023.
- Single-use Steerable Sheaths is the most lucrative type segment registering the fastest growth during the forecast period.
Steerable sheaths market data book summary
| Market revenue in 2023 | USD 6.6 million |
| Market revenue in 2030 | USD 9.3 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Single-use steerable sheaths |
| Fastest growing segment | Single-use Steerable Sheaths |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-use Steerable Sheaths, Reprocessed Steerable Sheaths |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, Johnson & Johnson, Integer Holdings Corp, Merit Medical Systems Inc, Terumo Corp, Oscar Health Inc Class A |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global steerable sheaths 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 steerable sheaths market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.4 million by 2030.
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Steerable Sheaths Market Scope
Steerable Sheaths Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia steerable sheaths 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 steerable sheaths market will help companies and investors design strategic landscapes.
Single-use steerable sheaths was the largest segment with a revenue share of 96.97% in 2023. Horizon Databook has segmented the Saudi Arabia steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the population growth in recent years, there has been a significant increase in the need for healthcare services. Furthermore, the rise in the elderly population is likely to further boost the overall prevalence of cardiovascular disorders.
The Kingdom of Saudi Arabia has experienced great socioeconomic development & urbanization in recent decades, which has radically altered the lifestyle, resulting in various risk factors that contribute to the high prevalence of CVD.
This has increased the demand for equipment used to treat CVDs. Certain heart & arterial conditions can be treated with interventional cardiology equipment. Technological developments and a rapidly developing healthcare sector have positively impacted market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia steerable sheaths market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia steerable sheaths market size, by type, 2018-2030 (US$M)
Saudi Arabia Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)
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