Saudi Arabia Terminal Sterilization Services Market Size & Outlook
Saudi Arabia terminal sterilization services market, 2018-2030 (US$M)
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Saudi Arabia terminal sterilization services market highlights
- The Saudi Arabia terminal sterilization services market generated a revenue of USD 120.5 million in 2022 and is expected to reach USD 276.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.9% from 2023 to 2030.
- In terms of segment, ethylene oxide was the largest revenue generating product in 2022.
- Irradiation is the most lucrative product segment registering the fastest growth during the forecast period.
Terminal sterilization services market data book summary
| Market revenue in 2022 | USD 120.5 million |
| Market revenue in 2030 | USD 276.1 million |
| Growth rate | 10.9% (CAGR from 2022 to 2030) |
| Largest segment | Ethylene oxide |
| Fastest growing segment | Irradiation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ethylene Oxide, Irradiation, Moist Heat Terminal Sterilization, Other Products |
| Key market players worldwide | Steris PLC, 3M Co, Getinge AB Class B, Fortive Corp, Belimed Inc., Sotera Health Co Ordinary Shares, Olympus Corp, Andersen Sterilizers, Steelco Group |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global terminal sterilization services market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa terminal sterilization services 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 195.4 million by 2030.
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Terminal Sterilization Services Market Scope
Terminal Sterilization Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia terminal sterilization services 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 terminal sterilization services market will help companies and investors design strategic landscapes.
Ethylene oxide was the largest segment with a revenue share of 41.08% in 2022. Horizon Databook has segmented the Saudi Arabia terminal sterilization services market based on ethylene oxide, irradiation, moist heat terminal sterilization, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of surgeries in Saudi Arabia is expected to positively impact market growth, as terminal sterilization is essential for reprocessing surgical units before performing surgeries. For instance, according to Ministry of Health of Saudi Arabia, around 448,453 surgeries are performed per year in the country.
Reprocessing surgical units before performing surgeries is an essential step, as it reduces the risk of HAIs. Moreover, according to Arab Health, Saudi Arabia spent 16.4% of its total GDP on health & social development. This is anticipated to propel growth of Saudi Arabia terminal sterilization services market over the forecast period.
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Our clientele includes a mix of terminal sterilization services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia terminal sterilization services market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia terminal sterilization services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia terminal sterilization service market size, by product, 2018-2030 (US$M)
Saudi Arabia Terminal Sterilization Services Market Share, 2022 & 2030 (US$M)
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