Saudi Arabia Surgical Stapling Devices Market Size & Outlook
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Saudi Arabia surgical stapling devices market highlights
- The Saudi Arabia surgical stapling devices market generated a revenue of USD 103.6 million in 2023 and is expected to reach USD 170.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, manual was the largest revenue generating product in 2023.
- Powered is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical stapling devices market data book summary
| Market revenue in 2023 | USD 103.6 million |
| Market revenue in 2030 | USD 170.4 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Manual |
| Fastest growing segment | Powered |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powered, Manual |
| Key market players worldwide | Johnson & Johnson, Medtronic PLC, Smith & Nephew PLC, B. Braun, Intuitive Surgical Inc, 3M Co, Conmed Corp, BD, BioPro, Frankenman International |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.0% of the global surgical stapling devices 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 surgical stapling devices 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 225.5 million by 2030.
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Surgical Stapling Devices Market Scope
Surgical Stapling Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Frankenman International | View profile | 101-250 | Suzhou, Jiangsu, China, Asia | http://www.frankenman.com/ |
| BioPro | View profile | 11-50 | Port Huron, Michigan, United States, North America | http://bioproimplants.com/ |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Conmed Corp | View profile | 4000 | 11311 Concept Boulevard, Largo, FL, United States, 33773 | https://www.conmed.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Intuitive Surgical Inc | View profile | 13676 | 1020 Kifer Road, Sunnyvale, CA, United States, 94086-5304 | https://www.intuitive.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Saudi Arabia surgical stapling devices 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 surgical stapling devices market will help companies and investors design strategic landscapes.
Manual was the largest segment with a revenue share of 68.34% in 2023. Horizon Databook has segmented the Saudi Arabia surgical stapling devices market based on powered, manual covering the revenue growth of each sub-segment from 2018 to 2030.
Technological advancement is a key factor driving Saudi Arabia’s healthcare industry. From patient care to medical research and training, every aspect of healthcare is being bolstered by technological innovations and operational reforms.
The country is focusing on the digitalization of the healthcare industry by making use of new and innovative technologies, such as AI, big data, & cloud computing. These advancements are resulting in shorter hospital stays and rise in number of surgical procedures, driving the demand for surgical stapling devices. There are currently 150 health tech startups in the country.
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Our clientele includes a mix of surgical stapling devices 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 surgical stapling devices market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia surgical stapling devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia surgical stapling devices market size, by end use, 2018-2030 (US$M)
Saudi Arabia Surgical Stapling Devices Market Outlook Share, 2023 & 2030 (US$M)
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