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Pramod Kumar has 59 Published Articles

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Saudi Arabia Surgical Sutures Market to Generate $20.6 Million Revenue by 2023

Posté le: Mar-11-2022 | vue (399) fois | Word Count article: 406 |

According to P&S Intelligence, the market was valued at $16.7 million in 2017 and it will generate $20.6 million revenue by 2023.
A number of factors, such as the rising number of burn cases and surgeries, growing prevalence of chronic diseases, soaring number of healthcare professionals and hospitals, booming geriatric population, and mounting healthcare expenditure, are expected to drive the Saudi Arabian surgical sutures market at a CAGR of 3.6% during the forecast period (2018–2023).

The rising number of hospitals and healthcare facilities is one of the prominent factors driving surgical sutures demand in Saudi Arabia. According to the Ministry of Health (MOH), the Kingdom of Saudi Arabia, there were 470 hospitals in the country in 2016. The country had 274 MOH hospitals, 152 private hospitals, and 44 other governmental hospitals in the same year. The MOH also states that there were 89٫675 physicians and 107٫323 allied health personnel in the country in 2016.

Moreover, the surging incidence of chronic diseases will also help the Saudi Arabian surgical sutures market grow in the upcoming years. The MOH states that circulatory system diseases, respiratory ailments, and genitourinary system diseases accounted for 16.4%, 4.3%, and 3.2% deaths, respectively, in the country in 2016. Besides, the rising incidence of road traffic injuries is also projected to augment the demand for surgical sutures in Saudi Arabia. Road traffic injuries are highly prevalent in Riyadh and Asir.

The application segment of the Saudi Arabian surgical sutures market is categorized into cardiovascular surgeries, general surgeries, gynecological surgeries, ophthalmic surgeries, orthopedic surgeries, and others. Under this segment, the general surgeries category accounted for the largest market share in 2017, and it is expected to maintain its dominance in the forecast years as well. Additionally, the category will also exhibit the fastest growth throughout the forecast period. The expansion of this category can be attributed to the increasing volume of general surgeries in the country.

Therefore, the increasing incidence of chronic diseases and the rising number of healthcare professionals and hospitals are expected to propel the surgical sutures demand in Saudi Arabia.

Access Detailed Report Saudi Arabia Surgical Sutures Market Competitive Analysis Report @ https://psmarketresearch.com/market-analysis/saudi-arabia-surgical-sutures-market

The research offers market size of the Saudi Arabia surgical sutures for the period 2013–2023.

Market Segmentation by Product

Sutures
Absorbable Sutures
Non-Absorbable Sutures
Automated Suturing Devices
Disposable
Reusable
Market Segmentation by Application

General Surgeries
Gynecological Surgeries
Orthopedic Surgeries
Ophthalmic Surgeries
Cardiovascular Surgeries
Others
Market Segmentation by End User

Hospitals
Government Hospitals
Private Hospitals
Others

Source de l'article : http://fr.articleseen.com/Article_Saudi Arabia Surgical Sutures Market to Generate $20.6 Million Revenue by 2023_1115.aspx

auteur ressource :
Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others.

Mots-clés : https://www.psmarketresearch.com/market-analysis/saudi-arabia-surgical-sutures-market,

Catégorie : Accueil et Famille : Accueil et Famille

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