Saudi Arabia Temperature Modulation Devices Market Size & Outlook
Saudi Arabia temperature modulation devices, 2018-2030 (US$M)
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Saudi Arabia temperature modulation devices highlights
- The Saudi Arabia temperature modulation devices generated a revenue of USD 24.5 million in 2023 and is expected to reach USD 37.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems is the most lucrative product segment registering the fastest growth during the forecast period.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 24.5 million |
| Market revenue in 2030 | USD 37.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global temperature modulation devices 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 temperature modulation devices 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 37.0 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia temperature modulation devices 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 temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.76% in 2023. Horizon Databook has segmented the Saudi Arabia temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population, which is highly susceptible to chronic diseases, is one of the major factors positively influencing the market growth in this country.
Moreover, the growing incidence of preterm birth is projected to drive the demand for temperature modulation devices in the region. For instance, according to an article published by the National Institutes of Health in September 2022, the incidence of preterm birth was 8.4% in Saudi Arabia.
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Target buyers of Saudi Arabia temperature modulation devices databook
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Our clientele includes a mix of temperature modulation devices 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 temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia temperature modulation devices market size, by product, 2018-2030 (US$M)
Saudi Arabia Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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