Saudi Arabia Specialty Medical Chairs Market Size & Outlook
The specialty medical chairs market in Saudi Arabia is expected to reach a projected revenue of US$ 22.3 million by 2030. A compound annual growth rate of 5.6% is expected of Saudi Arabia specialty medical chairs market from 2024 to 2030.
A-Dec, Fresenius Medical Care AG, Topcon Corp, MidMark Corporation, Danaher Corp, Dentsply Sirona Inc, Planmeca
Other key industry trends
In terms of revenue, Saudi Arabia accounted for 0.3% of the global specialty medical chairs 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 specialty medical chairs market is projected to lead the regional market in terms of revenue in 2030.
Kazakhstan is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7.1 million by 2030.
According to Saudi Arabian Monetary Agency, the geriatric population, which is more susceptible to various diseases, is estimated to account for 25% of the total population in the country by 2050. Moreover, increasing government grants in order to expand the healthcare sector is anticipated to boost market growth.
For instance, in 2014, the Saudi Arabian government allocated USD 28.8 billion to health and social welfare, including funding for 11 new hospitals, 11 medical centers, and 2 medical complexes, in addition to 132 hospitals & healthcare centers. These factors are expected to maintain a steady demand for specialty medical chairs over the forecast period.
Saudi Arabia Specialty Medical Chairs 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 Specialty Medical Chairs Market Outlook will help companies and investors design strategic landscapes.
Treatment Chairs was the largest segment with a revenue share of 40.13% in 2023.
Horizon Databook has segmented the Saudi Arabia specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
According to Saudi Arabian Monetary Agency, the geriatric population, which is more susceptible to various diseases, is estimated to account for 25% of the total population in the country by 2050. Moreover, increasing government grants in order to expand the healthcare sector is anticipated to boost market growth.
For instance, in 2014, the Saudi Arabian government allocated USD 28.8 billion to health and social welfare, including funding for 11 new hospitals, 11 medical centers, and 2 medical complexes, in addition to 132 hospitals & healthcare centers. These factors are expected to maintain a steady demand for specialty medical chairs over the forecast period.
Saudi Arabia Specialty Medical Chairs Market Product Outlook (Revenue, USD Million , 2018-2030)
Examination Chairs
Treatment Chairs
Rehabilitation Chairs
Saudi Arabia Specialty Medical Chairs Market End-use Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Clinics
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Specialty Medical Chairs Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Specialty Medical Chairs Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Specialty Medical Chairs Market, 2018-2030 (US$M)