The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Saudi Arabia Cardiovascular Devices Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Saudi Arabia Cardiovascular Devices Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Saudi Arabia Cardiovascular Devices Market size is estimated to grow at a CAGR of around 9.5% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Saudi Arabia Cardiovascular Devices Market Segmentation?
The report has segmented the market into the following categories:
By Device Type
– Cardiac Rhythm Management Devices- Market Size & Forecast 2019-2030F, USD Million
– Electrocardiogram (ECG) Devices- Market Size & Forecast 2019-2030F, USD Million
– Coronary Intervention Devices- Market Size & Forecast 2019-2030F, USD Million
– Electrophysiology Devices- Market Size & Forecast 2019-2030F, USD Million
– Peripheral Intervention Devices- Market Size & Forecast 2019-2030F, USD Million
– Structural Heart Devices- Market Size & Forecast 2019-2030F, USD Million
In the realm of cardiovascular devices in Saudi Arabia, the Cardiac Rhythm Management Devices category stands out as the dominant segment. These devices have played a pivotal role in transforming the landscape of cardiovascular healthcare within the country, particularly in the context of managing cardiac arrhythmias and rhythm disorders. Their significance has been underscored by the critical interventions they offered, which have contributed to substantial improvements in patients’ heart health and overall quality of life.
By Application
– Coronary Artery Disease- Market Size & Forecast 2019-2030F, USD Million
– Cardiac Arrhythmia- Market Size & Forecast 2019-2030F, USD Million
– Hypertension (High Blood Pressure)- Market Size & Forecast 2019-2030F, USD Million
– Heart Failure- Market Size & Forecast 2019-2030F, USD Million
– Others (Peripheral Arterial Disease (PAD), Congenital Heart Disease (CHD), etc.)- Market Size & Forecast 2019-2030F, USD Million
By End User
– Hospitals- Market Size & Forecast 2019-2030F, USD Million
– Specialty Centers & Clinics- Market Size & Forecast 2019-2030F, USD Million
– Diagnostic Centers- Market Size & Forecast 2019-2030F, USD Million
– Ambulatory Surgical Centers- Market Size & Forecast 2019-2030F, USD Million
By Region
– Central
– East
– West
– South
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Key Factor Driver Saudi Arabia Cardiovascular Devices Industry Growth by 2030
Growing Incidence of Lifestyle-induced Cardiovascular Diseases – In Saudi Arabia, changing lifestyles, characterized by the adoption of more sedentary routines, higher consumption of processed foods, and increased stress levels, have contributed to a notable increase in the incidence of Cardiovascular Diseases (CVD). This shift in lifestyle choices has been particularly evident in urban areas and has been associated with the rapid modernization and urbanization of the country. For instance,
- In 2022, as per the Saudi Health Council, over 30 percent of adults (18 years) in the Kingdom of Saudi Arabia (KSA) were at risk of a CVD event.
As a result, as the incidence of CVD has been increasing, the demand for cardiovascular devices also enhanced to diagnose, treat, and manage these cases.
Who are the Key Players Operating in the Saudi Arabia Cardiovascular Devices Industry?
The top companies of the Saudi Arabia Cardiovascular Devices market ruling the industry are:
- GE HealthCare
- Abbott Laboratories
- Johnson & Johnson MedTech
- Biotrinik
- Medtronic Plc
- Terumo Middle East FZE
- Boston Scientific Corporation
- LivaNova PLC
- Edwards Lifesciences Corporation
- MicroPort Scientific Corporation
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FAQs (Frequently Ask Questions)
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