Showing posts with label KSA Auxiliary Products Market. Show all posts
Showing posts with label KSA Auxiliary Products Market. Show all posts

Monday, August 29, 2022

KSA Medical Devices Market Trends, Size and Research 2022, CAGR Status, Growth Analysis, Key Manufacturer and Strategies till 2026: Ken Research

KSA Medical Devices Market is a highly price sensitive market relying heavily on foreign imports due to the underdevelopment of domestic medical device industry.

Growing Medical Tourism: Saudi Arabia’s Vision 2030 focused on improving the experience of Pilgrims and achieving the annual target of 30 million Pilgrims by 2030 mandates provision of agile healthcare settings and services. The increasing medical tourist flow will drive the demand for quality healthcare services, medical devices and technology.

Import Dependent Market: KSA Medical Devices Market is a highly price sensitive and import dependent market with advanced medical devices imported from countries such as US, Germany, Japan and China. 40% of locally manufactured devices are single-use devices are made out of plastic. Other products are reusable surgical instruments, detergents and solutions, general IVD, hospital furniture, dental and ophthalmic products. The lower share of domestic production is majorly due to lack of capabilities and fewer numbers of local manufacturing companies in the KSA.

Demand for Healthcare Infrastructure:  KSA accounts for 60% of the Gulf Cooperation Council (GCC) countries’ healthcare expenditure, and the sector remains a top priority for the Saudi Arabian Government. The government is planning to spend USD 36.8 billion on healthcare and social development which is 14.4% of its 2022 budget i.e. the third largest line item after education and military.

Growing Population and Rising burden of Chronic Diseases: High population growth (1.51% from 2020 to 2021) and increase in non-communicable diseases is driving the demand for better healthcare services and medical devices in KSA. The government’s constant push for preventive care screening to manage chronic diseases is paving the growth of medical device market.

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 countryprovides a comprehensive analysis on KSA Medical Device Market. The report covers various aspects including the current market size and production scenario, its segmentations viz, type of Devices, sales channel, technology, end users and regional analysis, major trends and developments, issues and challenges, government regulations and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue. 

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 Sets
  • 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

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  • 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
  • Riyadh
  • Dammam & Al Khobar
  • Jeddah
  • Al-Qassim and Asser 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 in Saudi Arabia
  • 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 Developments
  • Market Issues and Challenges
  • Government Rules and Regulations
  • KSA Medical Device Market Future Outlook
  • Upcoming Technologies in the Medical Device Market
  • Analyst Recommendations

Related Reports

Philippines Medical Devices Outlook To 2025 (Second Edition)- Rising Cases Of Chronic Diseases And Expected Growth In Demand For Cancer Therapy And Dialysis Equipment

UAE Medical Devices Market Outlook to 2025: Driven by technological advancement, increase in the aging population and rise in the prevalence of chronic diseases in the country

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