Saudi Arabia Subcutaneous Drug Delivery Devices Market Size & Outlook
Saudi Arabia subcutaneous drug delivery devices market, 2018-2030 (US$M)
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Saudi Arabia subcutaneous drug delivery devices market highlights
- The Saudi Arabia subcutaneous drug delivery devices market generated a revenue of USD 206.1 million in 2023 and is expected to reach USD 376.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, pen injectors was the largest revenue generating product in 2023.
- Wearable injectors is the most lucrative product segment registering the fastest growth during the forecast period.
Subcutaneous drug delivery devices market data book summary
| Market revenue in 2023 | USD 206.1 million |
| Market revenue in 2030 | USD 376.6 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Pen injectors |
| Fastest growing segment | Wearable injectors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prefilled syringes, Pen injectors, Auto-injectors, Wearable injectors, Needle-free injectors |
| Key market players worldwide | Gerresheimer AG ADR, Medtronic PLC, Ypsomed Holding AG, Novo Nordisk A/S ADR, Insulet Corp, Becton Dickinson & Co, West Pharmaceutical Services Inc, PHARMAJET, Unilife Corporation |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global subcutaneous drug delivery 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, South Africa subcutaneous drug delivery devices 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 577.3 million by 2030.
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Subcutaneous Drug Delivery Devices Market Scope
Subcutaneous Drug Delivery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia subcutaneous drug delivery 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 subcutaneous drug delivery devices market will help companies and investors design strategic landscapes.
Pen injectors was the largest segment with a revenue share of 38.57% in 2023. Horizon Databook has segmented the Saudi Arabia subcutaneous drug delivery devices market based on prefilled syringes, pen injectors, auto-injectors, wearable injectors, needle-free injectors covering the revenue growth of each sub-segment from 2018 to 2030.
The growing incidence of cancer can be attributed to major changes in socioeconomic factors. Changes in lifestyle due to rapid Westernization include increased consumption of processed food and sedentary habits.
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 increasing prevalence of chronic diseases is expected to increase the demand for drug delivery devices and propel market growth.
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Our clientele includes a mix of subcutaneous drug delivery devices 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 subcutaneous drug delivery devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia subcutaneous drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia subcutaneous drug delivery devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Subcutaneous Drug Delivery Devices Market Outlook Share, 2023 & 2030 (US$M)
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