KSA Medical Devices Market Outlook to 2026
Driven by increasing prevalence of chronic diseases, growing healthcare awareness and rising healthcare budget in the country
August 2022
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About the Report
About the Report
The report titled “KSA Medical Devices Outlook to 2026 –Driven by increasing prevalence of chronic diseases, growing healthcare awareness and rising healthcare budget in the country” provides a comprehensive analysis on the status of the medical device market in KSA. The report covers various aspects including the current market scenario in KSA, procurement and pricing trends, market potential of each medical device, major growth drivers, tech disruptions and innovations, and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and business activity.
KSA Medical Device Market Overview and Size:
KSA Medical Device Market Segmentation:
By Procurement: Imports have accounted for majority of the revenue share in KSA Medical Device Market in 2021. The imports are largely related to more sophisticated medical and surgical instruments and infrastructure.
By Mode of Sales: Distributor Mediated Sales have accounted for majority of the revenue in KSA Medical Device Market in 2021. Majority of the international companies hire distributors in KSA for the purposes of monitoring business opportunities, navigating import and standard testing regulations, and identifying public sector sales and contract opportunities.
By Type of Medical Device: Medical Consumables have accounted for the largest revenue share in KSA Medical Devices market in 2021, followed by Diagnostic Imaging product and Cardiac Products with Public & private hospitals making up the major end users for each segment/sub-segment of the industry.
By Type of Medical Consumables: Syringes, Needles and Catheters, Surgical Gloves and Masks and Infusion Pumps contributed significant share in revenue during 2021. Rising prevalence of Hospital Acquired Infections (HAIs) and Covid-19 pandemic encouraged many local manufacturers to enter the market for medical disposables.
By Type of Diagnostic Imaging Products: CT Scans contributed the highest revenue share in 2021 followed by MRI and X-Ray Based Products. Increasing prevalence of cancer and other chronic diseases and growing ageing population are driving the demand for diagnostic imaging equipment in KSA.
By Type of Cardiac Devices: Implantable Cardioverter- Defibrillator (ICD) and Cardiac Rhythm Management (CRM) have accounted for the major share in the KSA medical device market in 2021. Various specialized clinics focused at treating cardiovascular diseases are becoming prevalent in KSA.
By Type of Respiratory Products: Oxygen Concentrators contributed highest revenue share in 2021 owing to Covid-19 pandemic. The KSA population has high risk of exposures to chronic obstructive pulmonary disease (COPD) and asthma.
By Type of Hospital Furniture: Hospital Beds with Mechanical Fittings and Dentists' Chairs contributed highest revenue share in 2021. Increasing incidences of chronic diseases, rise in geriatric population and growing hospital investments are leading to an increasing need for better patient-care and enhanced operational efficiency in KSA.
By Type of Auxiliary Products: Hearing Aids have accounted for the major share in the KSA medical devices market in 2021. Rising occurrence of hearing loss of geriatric population, increasing initiatives by governments and NGOs to raise consciousness about hearing loss treatments are factors boosting the demand for hearing aid devices in KSA market.
By Type of Dental and Orthopedic Products: Dental Appliances contributed the highest revenue in 2021. The increasing prevalence of oral diseases, an inclination towards the use of minimally invasive procedures and rise in the number of dentists are propelling the growth of the market.
By End Users: Hospitals contributed highest to the market revenue in KSA Medical Devices Market in 2021. Currently public sector hospitals represent approximately more than 75% of bed capacity in KSA.
By Region: Riyadh contributed highest to the market revenue in KSA Medical Devices Market in 2021. It has one of the best hospital facilities in Middle East which are at par with international standards.
Competitive Landscape in the KSA Medical Market:
The competition scenario in KSA medical devices market is moderately fragmented due to the presence of large number of international companies and local distributors leading to dilution of market share. The international companies distribute their products through authorized distributors located across the country. GE, Siemens, Philips, Hill-rom, Straumann, Phonak, Stryker are the major companies operating in the KSA Medical Device market. Gulf Medical, Mediserv, FMS, Al-Jeel Medical and Tamer Group are few top distributors in KSA. The major competitive parameters include product price, technological advancements, product portfolio variability, after support services and marketing activities.
KSA Medical Device Market Outlook & Projections
The KSA medical device market is expected to a positive growth in revenue in 2026, with imports contributing highest share to the market revenues. Changes in population composition will drive future healthcare requirements and will create demand for a number of specialisms; pediatrics, lifestyle diseases, long-term care, rehabilitation, home care, and rejuvenation services. Government is planning to invest in private sector integration to create effective strategic partnerships in the pursuit of national health objectives and promotion of fair and comprehensive geographical coverage across all regions of the Kingdom.
Key Segments Covered
By Type of Business Activity
Import
Local Production
By Mode of Selling
Distributor Mediated
Direct Sales
By Type of Device
Medical Consumables
Diagnostic Imaging Products
Respiratory Products
Dental and Orthopedic Products
Cardiac Device
Hospital Furniture
Auxiliary Devices
Ophthalmic Devices
Dialysis Machine
Others
By Type of Medical Consumable
Surgical Gloves and Masks
Syringes, Needles and Catheters
Intravenous Administration Set
Sutures and catgut
Infusion Pumps
Ostomy
Bandages, Dressings and Others
By Type of Diagnostic Imaging Product
CT Scan
X-ray Based Products
Ultrasound
MRI
Electro diagnostic apparatus (Functional Examination)
ECG
Others
By Type of Cardiac Device
Angioplasty Device
Cardiac Rhythm Management
ICD
Implants
Pacemakers
Heart-Lung Machines
Others
By Type of Respiratory Products
Oxygen Concentrator
Nebulizers
Humidifier
Ventilators
Airway Pressure devices
Others
By Type of Hospital Furniture
Hospital Beds with Mechanical Fittings and Dentists' Chairs
Operating Tables
Examination Tables
Medical, surgical, dental or veterinary furniture
Others
By Type of Auxiliary Product
Hearing Aids
Artificial body parts (excluding artificial teeth and joints)
Others
By Type of Dental and Orthopedic Products
Orthopedic Appliances
Artificial teeth and dental fittings
Dental appliances
Surgical Belts
Trusses
Crutches
Others
By Type of End-Users
Hospitals
Clinics
Labs and Others
By Type of Region
Riyahd
Dammam and Al Khobar
Jeddah
Al-Qassim and Aseer Province
Others
Companies Covered
Abbott
Baxter
B. Braun
Becton Dickinson (BD)
Boston Scientific
Canon
Cochlear
Dräger
Fresenius Medical Care
Fujifilm
GE Healthcare
Getinge
Hill-Rom Holdings Inc.
Hitachi
Invacare Corporation
Johnson & Johnson
Medtronic
Nihon Kohden
Oticon
Paramount Bed Holdings
Philips HealthTech
Siemens Healthineers
Smith & Nephew
Stryker
Widex
Zimmer Biomet
Key Target Audience
Medical Device Manufacturers
Medical Device Distributors
Medical Device Importers
Research organizations and consulting companies
Government bodies such as regulating authorities and policy makers
Market research and Consulting firms
Time Period Captured in the Report: -
Historical Period – 2016-2021
Forecast Period –2021-2026F
Key Topics Covered in the Report
Executive Summary
Overview of KSA Healthcare System
KSA Medical Device Market Introduction and Overview
Industry Life Cycle and Value Chain of KSA Medical Device Market
Key Market Drivers in the KSA Medical Device Market
Demand & Supply Side Ecosystem, Preferences & Trends across KSA Medical Device Market
KSA Medical Device Market Size by Revenue
KSA Medical Device Market by Type of Devices and Sub Segments
KSA Medical Device Market by End Users
KSA Medical Device Market by Regions (Riyadh, Jeddah, Dammam and Al Khobar, Al Qassim and Aseer and Others)
Competitive Factors and Assessment in KSA Medical Device Market
Market Trends and Development
Market Issues and Challenges
Government Rules and Regulations
KSA Medical Device Market Future Outlook
Upcoming Technologies in the Medical Device Market
Analyst Recommendations
Products
Products
Key Segments Covered
By Type of Business Activity
Import
Local Production
By Mode of Selling
Distributor Mediated
Direct Sales
By Type of Device
Medical Consumables
Diagnostic Imaging Products
Respiratory Products
Dental and Orthopedic Products
Cardiac Device
Hospital Furniture
Auxiliary Devices
Ophthalmic Devices
Dialysis Machine
Others
By Type of Medical Consumable
Surgical Gloves and Masks
Syringes, Needles and Catheters
Intravenous Administration Set
Sutures and catgut
Infusion Pumps
Ostomy
Bandages, Dressings and Others
By Type of Diagnostic Imaging Product
CT Scan
X-ray Based Products
Ultrasound
MRI
Electro diagnostic apparatus (Functional Examination)
ECG
Others
By Type of Cardiac Device
Angioplasty Device
Cardiac Rhythm Management
ICD
Implants
Pacemakers
Heart-Lung Machines
Others
By Type of Respiratory Products
Oxygen Concentrator
Nebulizers
Humidifier
Ventilators
Airway Pressure devices
Others
By Type of Hospital Furniture
Hospital Beds with Mechanical Fittings and Dentists' Chairs
Operating Tables
Examination Tables
Medical, surgical, dental or veterinary furniture
Others
By Type of Auxiliary Product
Hearing Aids
Artificial body parts (excluding artificial teeth and joints)
Others
By Type of Dental and Orthopedic Products
Orthopedic Appliances
Artificial teeth and dental fittings
Dental appliances
Surgical Belts
Trusses
Crutches
Others
By Type of End-Users
Hospitals
Clinics
Labs and Others
By Type of Region
Riyahd
Dammam and Al Khobar
Jeddah
Al-Qassim and Aseer Province
Others
Key Target Audience
Medical Device Manufacturers
Medical Device Distributors
Medical Device Importers
Research organizations and consulting companies
Government bodies such as regulating authorities and policy makers
Market research and Consulting firms
Time Period Captured in the Report: -
Historical Period – 2016-2021
Forecast Period –2021-2026F
Companies
Companies Covered
Abbott
Baxter
B. Braun
Becton Dickinson (BD)
Boston Scientific
Canon
Cochlear
Dräger
Fresenius Medical Care
Fujifilm
GE Healthcare
Getinge
Hill-Rom Holdings Inc.
Hitachi
Invacare Corporation
Johnson & Johnson
Medtronic
Nihon Kohden
Oticon
Paramount Bed Holdings
Philips HealthTech
Siemens Healthineers
Smith & Nephew
Stryker
Widex
Zimmer Biomet
Table of Contents
Table of Contents
1. Executive Summary
2. Overview of KSA Healthcare System
2.1 Country Overview
2. Demographic Analysis
2.3 Overview of Healthcare in Various Cities in KSA
2.4Top Hospital projects in KSA
2.5 KSA Disease Statistics
3. Overview of KSA Medical Devices Market
3.1 KSA Medical Devices Ecosystem
3.2 Business Cycle and Genesis of KSA Medical Devices Market
3.3 Timeline of KSA Medical Device Distributors
3.4 Value Chain Analysis
3.5 Key Challenges for Local Manufacturers in KSA Medical Devices Industry
3.6 KSA Medical Devices Market Size, 2016-2021
3.7 KSA Medical Device Market by Type of Business Activity and Mode of Selling
3.8 Growth Factors Driving the Medical Device Demand in the KSA
4. KSA Medical Devices Market Segmentations
4.1 By Type of Device (Consumable, Imaging, Dialysis, Cardiac, Respiratory, Hospital Furniture, Auxiliary Device, Dental and Orthopedic, Ophthalmic and Others)
4.2 By Type of Medical Consumable (Syringes, Catheters and Needles, Bandages and Dressings, Sutures, Ostomy and Others)
4.3 By Type of Diagnostic Imaging Product (X-Ray Ultrasound, CT-Scan, MRI, Electro diagnostic apparatus, ECG and Others)
4.4 By Type of Cardiac Medical Device and Respiratory Medical Device
4.5 By Type of Hospital Furniture Products
4.6 By Type of Auxiliary and Dental and Orthopedic Products
4.7 By End User of Medical Devices (Hospitals, Clinics, diagnostic labs and Others)
4.8 By Region (Riyadh, Jeddah, Dammam and Al Khobar, Al Qassim and Aseer and Others)
5. End User Analysis in KSA Medical Devices Market
5.1 End User Customer Preference
5.2 ecision Making Process to Shortlist Medical Device
5.3 Pain Points Faced by Customers from Buying Medical Devices in the KSA
6. Industry Analysis
6.1 Porter’s Five Forces Analysis of KSA Medical Devices
6.2 Trends and Developments
6.3 Issues and Challenges in the Industry
7. Regulatory Framework in KSA Medical Device Market
7.1 Government Regulations for Medical Devices in KSA (Agency for Regulations of Medical Devices, Classification of Medical Devices, List of Documents Required, Importation Rules, Taxes and Import Duties, Pre-Market Approval Process, Validity)
7.2 Tender Mechanism for Medical Devices in KSA
8. KSA Medical Devices Market Competitive Landscape
8.1 Competition Scenario in KSA Medical Devices Market
8.2 Product Heat Map for Major Companies in KSA Medical Devices Market
8.3 Strengths and Weakness of Major Manufacturers in KSA Medical Devices Market
8.4 Market shares for Major Brands present in the Diagnostic Imaging, Dialysis Equipment, Auxiliary Devices, Hospital Furniture & Orthopedic Products, 2021
8.5 Cross-Comparison of Major Distributors in KSA Medical Devices Market
9. Post-COVID Scenario in KSA Medical Device Market
9.1 Impact of Covid-19 in various Sub-Segments of Medical Devices
9.2 Rise of Telehealth in KSA
9.3 KSA Medical Device Market Future Outlook and Projections
9.4 Future Projection of KSA Medical Device Market Size, 2021- 2026F
9.5 Future Projections of KSA Medical Device Market by Type of Business Activity and Mode of Selling, 2026
9.6 Future Projections of KSA Medical Device Market by Region and End Users, 2026
9.7 Future Market Segmentation by Type of Device, 2026
9.8 Medical Devices Technology Roadmap to 2030
10. Market Opportunity and Analyst Recommendations
10.1 Market Opportunity Analysis for Medical Devices in the KSA
10.2 R&D focus areas for Medical Device Manufacturers
10.3 What can KSA learn from steps taken by other countries to boost their indigenous manufacturing and exports of medical devices?
11. Research Methodology
11.1 (Market Definitions, Abbreviations Used, Market Sizing Approach, Sample Size Inclusion, Research Limitations and Future Conclusions)
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