Saudi Arabia Sterilization Equipment Market Size & Outlook
Saudi Arabia sterilization equipment market, 2018-2030 (US$M)
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Saudi Arabia sterilization equipment market highlights
- The Saudi Arabia sterilization equipment market generated a revenue of USD 85.5 million in 2023 and is expected to reach USD 176.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, low-temperature sterilizers was the largest revenue generating product in 2023.
- Heat sterilizers is the most lucrative product segment registering the fastest growth during the forecast period.
Sterilization equipment market data book summary
| Market revenue in 2023 | USD 85.5 million |
| Market revenue in 2030 | USD 176.6 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Low-temperature sterilizers |
| Fastest growing segment | Heat sterilizers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat sterilizers, Low-temperature sterilizers, Sterile membrane filters, Radiation Sterilization Devices |
| Key market players worldwide | Steris PLC, Sotera Health Co Ordinary Shares, Cantel Medical, Fortive Corp, E-BEAM Services |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global sterilization equipment 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 sterilization equipment 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 204.8 million by 2030.
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Sterilization Equipment Market Scope
Sterilization Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia sterilization equipment 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 sterilization equipment market will help companies and investors design strategic landscapes.
Low-temperature sterilizers was the largest segment with a revenue share of 32.16% in 2023. Horizon Databook has segmented the Saudi Arabia sterilization equipment market based on heat sterilizers, low-temperature sterilizers, sterile membrane filters, radiation sterilization devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Saudi Arabia sterilization equipment market is expected to witness rapid growth due to the rising geriatric population and increasing incidence of chronic diseases. As per a report by NIH published in June 2022, Noncommunicable Diseases (NCDs) account for 73% of all deaths in Saudi Arabia.
The major source of NCD deaths, accounting for 37% of total deaths, is cardiovascular disease, followed by other NCDs at 20%, cancer at 10%, diabetes at 3%, and respiratory diseases at 3%. The increase in prevalence of chronic diseases is expected to drive the demand for sterilization equipment and propel market growth.
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Target buyers of Saudi Arabia sterilization equipment market databook
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Our clientele includes a mix of sterilization equipment 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia sterilization equipment market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia sterilization equipment market size, by product, 2018-2030 (US$M)
Saudi Arabia Sterilization Equipment Market Outlook Share, 2023 & 2030 (US$M)
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