Saudi Arabia Defibrillator Market Size & Outlook, 2024-2030
Saudi Arabia Defibrillator Market, 2018-2030 (US$M)
Global Report
Related Markets
Saudi Arabia defibrillator market highlights
- The Saudi Arabia defibrillator market generated a revenue of USD 77.2 million in 2023 and is expected to reach USD 126.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, external defibrillator was the largest revenue generating product in 2023.
- External Defibrillator is the most lucrative product segment registering the fastest growth during the forecast period.
Defibrillator market data book summary
| Market revenue in 2023 | USD 77.2 million |
| Market revenue in 2030 | USD 126.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | External defibrillator |
| Fastest growing segment | External Defibrillator |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Cardioverter Defibrillator (ICD), External Defibrillator |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the defibrillator 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 defibrillator market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 56.5 million by 2030.
The market for defibrillators is growing at a steady rate in Saudi Arabia. The growth of this market can be attributed to the increasing prevalence of CVDs in Saudi Arabia. As stated by a study presented at the 26th Annual Conference of the Saudi Heart Association, one in four adults in the country is estimated to suffer from a heart attack in the next ten years.
Furthermore, according to the World Heart Federation report published in Nature Middle East, children in the Arab Gulf area are more prone to developing CVD than in other Arab states. Hence, the governments are launching various projects to install defibrillators in public and private places to decrease the mortality associated with CVD and SDA.
For instance, in June 2022, Jubail, Saudi Arabia, was recognized as a heartsafe community with the availability of defibrillators throughout Jubail. The Royal Commission Health Services Program in Jubail partnered with Stryker for this project and equipped LifepakCR2 AEDs in the city, which are stored in Rotaid AED Cabinets.
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Publish Date: Oct 09, 2024
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Nihon Kohden Corp | View profile | 6,325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | www.nihonkohden.co.jp |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | www.biotronik.com/de-de |
| MicroPort Scientific Corp | View profile | 8,230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | www.microport.com |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | www.schillermed.de/ |
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | www.zoll.com/ |
Saudi Arabia Defibrillator 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 Defibrillator Market Outlook will help companies and investors design strategic landscapes.
External Defibrillator was the largest segment with a revenue share of 54.53% in 2023.
Horizon Databook has segmented the Saudi Arabia defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
The market for defibrillators is growing at a steady rate in Saudi Arabia. The growth of this market can be attributed to the increasing prevalence of CVDs in Saudi Arabia. As stated by a study presented at the 26th Annual Conference of the Saudi Heart Association, one in four adults in the country is estimated to suffer from a heart attack in the next ten years.
Furthermore, according to the World Heart Federation report published in Nature Middle East, children in the Arab Gulf area are more prone to developing CVD than in other Arab states. Hence, the governments are launching various projects to install defibrillators in public and private places to decrease the mortality associated with CVD and SDA.
For instance, in June 2022, Jubail, Saudi Arabia, was recognized as a heartsafe community with the availability of defibrillators throughout Jubail. The Royal Commission Health Services Program in Jubail partnered with Stryker for this project and equipped LifepakCR2 AEDs in the city, which are stored in Rotaid AED Cabinets.
- Saudi Arabia Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- Saudi Arabia Defibrillator Market end Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pre hospital
- Public Access market
- Alternate care market
- Home healthcare
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Defibrillator Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Defibrillator Market, 2018-2030 (US$M)
Saudi Arabia defibrillator market statistics, by product, 2018-2030 (US$M)
