Saudi Arabia Medical Devices Market Research Report Information By Product Type (Diagnostic Devices, Monitoring Devices, Surgical Devices, Automation & Robotics, and Others) By Therapeutic Application (General Surgery, Diagnostic Imaging, Dental, Cardiovascular, Nephrology, Urology, Orthopedics, and Others) And By Region (Saudi Arabia) –Market Forecast Till 2032

Saudi Arabia Medical Devices Market Overview

Saudi Arabia Medical Devices Market Size was valued at USD 2.11 Billion in 2023. The Saudi Arabia Medical Devices market industry is projected to grow from USD 2.34 Billion in 2024 to USD 3.6 Billion by 2032, exhibiting a compound yearly growth rate (CAGR) of 6.01% during the forecast period (2024 - 2032). The increased prevalence of chronic medical conditions and increasing customers' preference for wearable devices are the key market drivers enhancing the growth of market.

Source The Secondary Research, Primary Research, MRFR Database, and Analyst Review

Saudi Arabia Medical Devices Market Trends

• The growing ubiquity of chronic diseases is driving the market growth

Market CAGR for Saudi Arabia medical devices is being driven by the rising ubiquity of chronic diseases. There is a rising incident of chronic medical conditions like cancer, diabetes, and other infectious diseases due to the adoption of sedentary lifestyles and certain other factors. Healthcare agencies in different countries aim to increase the treatment and diagnosis rates through the rising number of awareness programs. The growing government healthcare expenses are the major factor fueling the market growth of medical disposables in Saudi Arabia.

The growing ubiquity of chronic medical conditions and treatment of patients enduring from these diseases are putting huge pressure on the healthcare systems in Saudi Arabia. This has caused substantial growth in the economic burden of threatening these diseases. The patient population needing diagnostic procedures and tests is also increasing, and the fast growth of the geriatric population is raising the demand for ophthalmic and orthopedic procedures due to the spreading incidence of impaired joint fractures and visions in the aged population. The recent opportunities in the industry begin from healthcare sector growth and the government support to alter the import; this will capitalize on the local value chain and move forward for value-added MedTech devices due to regional demand. The Government investments to spread healthcare services to match international standards will increase the demand for medical devices.

The investment in medical devices is due to the reason that Saudi Arabia imports nearly 90% of its medical device requirement from other countries, majorly from the US and Europe, due to inadequate local supply. Therefore, they encouraged many local manufacturers to enter the market for medical disposables in Saudi Arabia due to the consequences faced during the Covid-19 pandemic. The medical device industry of Saudi Arabia has experienced one of the fastest growth due to the fast uptake and innovation of technologies. The market includes two segments; high-tech devices that are extremely sophisticated and other is low-tech improved devices. The medical devices industry has also resulted in the successful combination of information technology and healthcare. Thus, driving the Saudi Arabia Medical Devices market revenue.

However, the market constraints are strict and ambiguous regulatory framework, increasing concern for security, especially data security, differential availability between the developed and developing regions, connectivity issues in Saudi Arabia, the interference of Sharia courts, etc.

Saudi Arabia Medical Devices Market Segment Insights

Saudi Arabia Medical Devices Product Type Insights

The Saudi Arabia Medical Devices market segmentation, based on product type, includes Diagnostic Devices, Monitoring Devices, Surgical Devices, Automation & robotics, and Others. The monitoring device segment dominated the market, accounting for the largest market revenue in 2021 because of the rising need for real-time diagnostic tests for accurate diagnosis of chronic diseases like cancer, diabetes, and HIV/AIDS. Further, the automation & robotics segment is expected to witness the fastest growth in the future years owing to the increasing technological advancements in surgical robots and their growing utilization by healthcare providers.

Figure 1 Saudi Arabia Medical Devices Market, by Product Type, 2023 & 2032 (USD Billion)

Source The Secondary Research, Primary Research, MRFR Database, and Analyst Review

Saudi Arabia Medical Devices Therapeutic Application Insights

The Saudi Arabia Medical Devices market segmentation, based on therapeutic application, includes General Surgery, Diagnostic Imaging, Dental, Cardiovascular, Nephrology, Urology, Orthopedics, and Others. The diagnostic imaging segment dominates the market owing to the rising ubiquity of chronic diseases and the requirement for efficient and precise testing kits for diseases like diabetes, malaria, HIV/AIDS, and cancer. Further, the dental segment is the fastest-growing segment during the forecast period due to the rising prevalence of dental diseases.

Saudi Arabia Medical Devices Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Saudi Arabia Medical Devices market grow even more. Market players are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Saudi Arabia's Medical Devices industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Saudi Arabia Medical Devices industry to benefit clients and increase the market sector. In recent years, the Saudi Arabia Medical Devices industry has offered some of the most significant advantages to medicine. Major players in the Saudi Arabia Medical Devices market, including Sadara Chemical Company, SABIC, Johnson & Johnson, General Electric, Fresenius Medical Care Ag & Co, Baxter International, Jofo Nonwovens Co, Careon Healthcare Solutions, Boston Scientific Corporation, and others, are attempting to increase market demand by investing in research and development operations.

SABIC is a Saudi chemical manufacturing company headquartered in Riyadh, Saudi Arabia. The company manufactures chemicals, commodity and high-performance plastics, agri-nutrients, and metals on a  scale. The company is the largest petrochemicals manufacturers in the world. The company has significant research resources, with innovation hubs in the US, Middle East, Europe, South-East Asia, and North-East Asia and operating in more than 50 countries. In October 2020, the company collaborated with Fibertex Personal Care to manufacture a variety of nonwoven disposables by using high-purity recycled plastics from the TRUCIRCLE product portfolio and services of SABIC. This collaboration will help in a more sustainable supply chain and improved recyclability for nonwoven.

Sadara Chemical company manufactures plastics and chemical products, producing glycol ether, amine, propylene glycol, polyether polyol, and polyethylene products. The company serves the construction, transportation, consumer goods, coating, adhesives, gas, oil, and electronic industries throughout the world. In June 2020, Sadara Chemical Co. and Sahara International Petrochemical Co. collaborated to supply high-quality ethanol essential for hand sanitizer production. The ethanol was provided free of charge to local manufacturers in order to produce much-needed hand sanitizers. It was then donated to the Ministry of Health to distribute to the healthcare sector throughout Saudi Arabia to tackle the Covid-19 pandemic.

Key Companies in the Saudi Arabia Medical Devices market include

• Sadara Chemical Company


• SABIC


• Johnson & Johnson


• General Electric


• Fresenius Medical Care Ag & Co


• Baxter International


• Jofo Nonwovens Co


• Careon Healthcare Solutions


• Boston Scientific Corporation

Saudi Arabia Medical Devices Industry Developments

March 2022 Careon Healthcare Solutions has finalized joint ventures in Saudi Arabia and Sri Lanka for medical, surgical disposable products. This may expand the customer base of the firm.

January 2022 Solace Nutrition, a US-based medical nutrition company, bought R-Kane Nutritionals' assets for an unknown sum. This asset acquisition enables Solace Nutrition to develop synergy between both brands, accelerate growth, and establish a position in an adjacent nutrition sector. R-Kane Nutritionals is a firm established in the United States that specializes in high-protein meal replacement products for weight loss.

October 2021 Takween Advanced Industries and Jofo Nonwovens Co. jointly signed an agreement for the sale of 70% of the shares of Advance Fabrics Company (SAAF), a Saudi Arabia-based nonwovens manufacturer. The transaction allowed Jofo to enter the medical market of Saudi Arabia.

Saudi Arabia Medical Devices Market Segmentation

Saudi Arabia Medical Devices Product Type Outlook

• Diagnostic Devices


• Monitoring Devices


• Surgical Devices


• Automation & robotics


• Others

Saudi Arabia Medical Devices Therapeutic Application Outlook

• General Surgery


• Diagnostic Imaging


• Dental


• Cardiovascular


• Nephrology


• Urology


• Orthopedics


• Others