Saudi Arabia Transplantation Market Size & Outlook
Saudi Arabia transplantation market, 2018-2030 (US$M)
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Saudi Arabia transplantation market highlights
- The Saudi Arabia transplantation market generated a revenue of USD 172.9 million in 2023 and is expected to reach USD 337.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, tissue products was the largest revenue generating product in 2023.
- Immunosuppressive Drugs is the most lucrative product segment registering the fastest growth during the forecast period.
Transplantation market data book summary
| Market revenue in 2023 | USD 172.9 million |
| Market revenue in 2030 | USD 337.3 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Tissue products |
| Fastest growing segment | Immunosuppressive Drugs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Immunosuppressive Drugs, Tissue Products, Preservation Solutions |
| Key market players worldwide | AbbVie Inc, Arthrex, Zimmer Biomet Holdings Inc, Medtronic PLC, Novartis AG ADR, Stryker Corp, BioLife Solutions Inc, Teva Pharmaceutical Industries Ltd, Asahi Kasei Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.0% of the global transplantation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia transplantation 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 236.0 million by 2030.
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Transplantation Market Scope
Transplantation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia transplantation 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 transplantation market will help companies and investors design strategic landscapes.
Tissue products was the largest segment with a revenue share of 56.91% in 2023. Horizon Databook has segmented the Saudi Arabia transplantation market based on immunosuppressive drugs, tissue products, preservation solutions covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in the number of transplantation procedures is a major factor driving the Saudi market. According to the Saudi Centre for Organ Transplantation, the number of transplant cases increased by 40% in 2015 as compared to 2014, with over 1,031 heart, lung, liver, & kidney transplant procedures conducted by Saudi government hospitals in 2015.
The increasing influx of foreign patients is most likely to accelerate the transplantation market in the country. In February 2018, the Ministry of Health and Prevention focused on National Program for Organ Transplantation.
The authorities aimed at driving UAE at the forefront of transplantation procedures both globally and locally, by regulating organ transplants to meet the global health standards. The regulation aims at preventing organ trafficking and streamlining the process of organ donation, preservation, transportation, & transplantation.
In 2016, the Arabian Gulf Medical Tourism Agency secured a 5- year plan to encourage medical tourists to seek treatment in its government and private hospitals. In July 2018, the Ministry of Health launched an awareness campaign to educate the community about the importance of organ donation. Such efforts by the government authorities are anticipated to create a demand in the country, thus propelling the market growth.
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Our clientele includes a mix of transplantation 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 transplantation market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia transplantation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia transplantation market size, by product, 2018-2030 (US$M)
Saudi Arabia Transplantation Market Outlook Share, 2023 & 2030 (US$M)
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