Market revenue in 2023 | USD 70.2 million |
Market revenue in 2030 | USD 88.6 million |
Growth rate | 3.4% (CAGR from 2023 to 2030) |
Largest segment | Foam dressings |
Fastest growing segment | Hydrocolloid Dressings |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Foam Dressings, Hydrocolloid Dressings, Film Dressings, Alginate Dressings, Hydrogel Dressings, Collagen Dressings, Other Advanced Dressings |
Key market players worldwide | 3M Co, Coloplast A/S ADR, Medline Industries, Smith & Nephew PLC, ConvaTec Group PLC, Integra Lifesciences Holdings Corp, Johnson & Johnson, Baxter International Inc, Medtronic PLC, Investor AB Class A |
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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 advanced wound dressing market will help companies and investors design strategic landscapes.
Foam dressings was the largest segment with a revenue share of 23.79% in 2023. Horizon Databook has segmented the Saudi Arabia advanced wound dressing market based on foam dressings, hydrocolloid dressings, film dressings, alginate dressings, hydrogel dressings, collagen dressings, other advanced dressings covering the revenue growth of each sub-segment from 2018 to 2030.
Rising cases of diabetes and increasing geriatric population in Saudi Arabia are major drivers of the advanced wound dressing market in Saudi Arabia. For instance, as per the International Diabetes Federation in 2018, the prevalence rate of diabetes was around 18.30% in Saudi Arabia.
However, low awareness about advanced wound care products and lack of skilled professionals are expected to hinder the market growth. Furthermore, low healthcare spending by both private and public sectors limits many major market players to enter into the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia advanced wound dressing market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia advanced wound dressing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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