2022: Medtronic, a prominent medical technology firm, presented its recent advancements at the Arab Health 2022 exhibition, unveiling innovative products like the Hugo robotic-assisted surgery (RAS) system, Micra pacemaker, PillCam, and InPen.
According to MarkNtel Advisors study, The 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.
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.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Download Free Sample Copy @ https://www.marknteladvisors.com/query/request-sample/saudi-arabia-cardiovascular-devices-market.html
Market Growth Driver: The increasing real estate development projects as well as the growing demand for residential property in Saudi Arabia has infused the growth of home furniture in the country. Moreover, the government of Saudi Arabia has taken several initiatives, such as the Housing Program Vision 2030, the Sakani Program, and the Ministry of Housing Infrastructure Program, which has heightened the establishment of new residential units in the country.
Saudi Arabia Cardiovascular Devices Market Key Players:
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, and others
Market Segmentation Overview:
By Device Type
-Cardiac Rhythm Management Devices
-Electrocardiogram (ECG) Devices
-Coronary Intervention Devices
-Electrophysiology Devices
-Peripheral Intervention Devices
-Structural Heart Devices
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.
Moreover, the rising prevalence of cardiac conditions in the Saudi Arabian population has driven the widespread adoption of these advanced cardiac rhythm management technologies. Further, the high specificity and targeted efficacy of cardiac rhythm management devices made them essential tools for healthcare professionals, reflecting a proactive approach to addressing and managing cardiac issues. Their dominance in the Saudi Arabian Cardiovascular Devices Market highlights the pivotal role they play in advancing the overall healthcare infrastructure and ensuring optimal patient outcomes.
By Application
-Coronary Artery Disease
-Cardiac Arrhythmia
-Hypertension (High Blood Pressure)
-Heart Failure
-Others (Peripheral Arterial Disease (PAD), Congenital Heart Disease (CHD), etc.)
By End User
-Hospitals
-Specialty Centers & Clinics
-Diagnostic Centers
-Ambulatory Surgical Centers
Read Full Report @ https://www.marknteladvisors.com/research-library/saudi-arabia-cardiovascular-devices-market.html
By Region
- Central
- East
- West
- South
The Saudi Arabia Cardiovascular Recent Development
2022: Johnson & Johnson MedTech introduced its global initiative, “Get Smart About AFib,” in Saudi Arabia, aiming to enhance care and treatment for individuals affected by atrial fibrillation (AFib) by engaging with cardiac experts, caregivers, and various cardiac working groups.
Note: If you require specific information not covered in the current report, we can provide it through customized option
Explore Related Reports: –
About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.
Have an Any Query,
Call Us – US Office: +1 628 895 8081
Email – sales@marknteladvisors.com
Address Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Leave a Reply