Saudi Arabia Heart Valve Devices Market to 2032
Overview
The Saudi Arabia Heart Valve Devices Market is expected to reach a 166.05 USD Million by 2032 and is projected to grow at a CAGR of 15.39% from 2025 to 2032.
Revenue, 2024 (USD Million)
68.15
Forecast, 2032 (USD Million)
166.05
CAGR, 2024 - 2032
15.39%
Report Coverage
Saudi Arabia
Saudi Arabia Heart Valve Devices Market 2018-2032 USD Million
Saudi Arabia Heart Valve Devices Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 68.15 USD Million
- Projected Market Size (2032): 166.05 USD Million
- CAGR (2025-2032): 15.39%
Key Findings of Saudi Arabia Heart Valve Devices Market
- The Saudi Arabia Heart Valve Devices Market was valued at 166.05 USD Million in 2024.
- The Saudi Arabia Heart Valve Devices Market is likely to grow at a CAGR of 15.39% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Direct Tender in Distribution Channel Segment accounted for the largest share of the market with a revenue of 51.68 USD Million
- The fastest growing segment Hospital & Clinics in End User Segment grew Fastest with a CAGR of 16.68% during the forecast period from 2024 to 2032.
Saudi Arabia Heart Valve Devices Market Scope
Saudi Arabia Heart Valve Devices Market Segmentation & Scope
Distribution Channel
- Third Party Distributors
- Direct Tender
End User
- Others
- Research Centers
- Cardiac Centers
- Ambulatory Surgical Centers
- Hospital & Clinics
Treatment
- Open Surgery
- Minimally Invasive Surgery
Product Type
- Transcatheter Valves
- Biological Heart Valves
- Mechanical Heart Valves
Saudi Arabia Heart Valve Devices Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 68.15 USD Million |
| Market Value in 2032 | 166.05 USD Million |
| CAGR (2025-2032) | 15.39% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,End User,Treatment,Product Type |
Regional Insights:
-
Leading Market (2024-2032): Saudi Arabia, leading in terms of revenue 68.15 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 68.15 USD Million in 2024.
Segments and Scope
-
Saudi Arabia Heart Valve Devices Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in Saudi Arabia Heart Valve Devices Market to 2032 with a revenue of 51.68 USD Million in the year 2024.
- Direct Tender is the Fastest growing segment in Saudi Arabia Heart Valve Devices Market to 2032 with a Growth rate of 15.85 % in forecast period 2025-2032.
-
Saudi Arabia Heart Valve Devices Market to 2032, By End User
- Hospital & Clinics is the largest segment in Saudi Arabia Heart Valve Devices Market to 2032 with a revenue of 33.83 USD Million in the year 2024.
- Hospital & Clinics is the Fastest growing segment in Saudi Arabia Heart Valve Devices Market to 2032 with a Growth rate of 16.68 % in forecast period 2025-2032.
-
Saudi Arabia Heart Valve Devices Market to 2032, By Treatment
- Open Surgery is the largest segment in Saudi Arabia Heart Valve Devices Market to 2032 with a revenue of 43.21 USD Million in the year 2024.
- Open Surgery is the Fastest growing segment in Saudi Arabia Heart Valve Devices Market to 2032 with a Growth rate of 15.68 % in forecast period 2025-2032.
-
Saudi Arabia Heart Valve Devices Market to 2032, By Product Type
- Mechanical Heart Valves is the largest segment in Saudi Arabia Heart Valve Devices Market to 2032 with a revenue of 41.11 USD Million in the year 2024.
- Mechanical Heart Valves is the Fastest growing segment in Saudi Arabia Heart Valve Devices Market to 2032 with a Growth rate of 15.68 % in forecast period 2025-2032.
Saudi Arabia Heart Valve Devices Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Boston Scientific Corporation or its affiliates | |||
| Abbott | |||
| Edwards Lifesciences Corporation | |||
| Artivion, Inc | |||
Saudi Arabia Heart Valve Devices Market Geographical Sales Distribution, 2018-2032 USD Million
Saudi Arabia Heart Valve Devices Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Saudi Arabia Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Saudi Arabia Heart Valve Devices Market was valued at USD 68.15(Revenue in USD Million) in 2021.
Saudi Arabia Heart Valve Devices Market is projected to grow at a CAGR of 15.39% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Saudi Arabia Heart Valve Devices Market, holding a largest market share of 51.68 USD Million in 2024
Saudi Arabia Heart Valve Devices Market Scope
Saudi Arabia Heart Valve Devices Market Segmentation & Scope
Distribution Channel
- Third Party Distributors
- Direct Tender
End User
- Others
- Research Centers
- Cardiac Centers
- Ambulatory Surgical Centers
- Hospital & Clinics
Treatment
- Open Surgery
- Minimally Invasive Surgery
Product Type
- Transcatheter Valves
- Biological Heart Valves
- Mechanical Heart Valves
Frequently Asked Questions
The Saudi Arabia Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Saudi Arabia Heart Valve Devices Market was valued at USD 68.15(Revenue in USD Million) in 2021.
Saudi Arabia Heart Valve Devices Market is projected to grow at a CAGR of 15.39% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Heart Valve Devices Market for final year is USD 166.05 (USD Million).
Saudi Arabia Heart Valve Devices Market Company Profiling
Frequently Asked Questions
The Saudi Arabia Heart Valve Devices Market is segmented based on Segmentation Distribution Channel,End User,Treatment,Product Type.
Saudi Arabia Heart Valve Devices Market was valued at USD 68.15(Revenue in USD Million) in 2021.
Saudi Arabia Heart Valve Devices Market is projected to grow at a CAGR of 15.39% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Heart Valve Devices Market for final year is USD 166.05 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.