Saudi Arabia Medical Devices Market Analysis Report Size Share Trends and Forecast 2034
Saudi Arabia Medical Devices Market Analysis Report Size Share Trends and Forecast 2034
The Saudi Arabia Medical Devices Market growth in 2026 is expanding as the demand for advanced medical equipment continues to increase across the country. According to Fortune Business Insights, the Saudi Arabia medical devices market size was valued at USD 6.07 billion in 2024. The market is projected to grow from USD 6.38 billion in 2025 to USD 9.03 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period. Medical devices are used for the diagnosis and treatment of chronic conditions, and the increasing burden of diseases such as cancer, neurological disorders, diabetes, and cardiac disorders is supporting demand for diagnostic and treatment devices.
Growing Burden of Chronic Diseases and Accidents
The increasing burden of chronic diseases, including Alzheimer’s disease, diabetes, and cardiac disorders, is a major factor supporting market growth. Fortune Business Insights notes that cardiovascular diseases affected around 1.6% of the total population in Saudi Arabia, with prevalence of approximately 1.9% among males and 1.4% among females. In addition, accidental injuries are creating demand for surgical devices. According to the report, the road accident fatality rate was 28.8 per 100,000 people in 2023. These factors are increasing the requirement for advanced equipment used in diagnosis and treatment.
Limited Availability of Skilled Healthcare Professionals
The adoption of complex medical devices can be restricted by the limited availability of skilled healthcare professionals. Fortune Business Insights states that Saudi Arabia had a deficit of approximately 15,000 doctors and 20,000 nurses in 2023. Advanced medical equipment requires trained professionals for effective operation, while inadequate healthcare infrastructure in rural areas can further limit the penetration of sophisticated devices. These factors are restricting the broader adoption of advanced medical technologies.
Growing Focus on Clinical Trials
Increasing emphasis by market participants on conducting clinical trials in Saudi Arabia is creating opportunities for market growth. The report highlights AbbVie’s phase 3 clinical trial initiated in June 2024 to study the safety and efficacy of Lutikizumab administered through prefilled syringes for patients with hidradenitis suppurativa. The study involved 242 locations globally, including two locations in Saudi Arabia. Such activities are supporting the development and evaluation of novel healthcare products.
Complex Regulatory Scenarios and High Development Costs
Stringent regulatory requirements and high development costs represent important challenges for the market. Medical imaging equipment faces complex regulatory requirements from regional and international authorities. Product approvals can involve lengthy evaluations, high compliance costs, and rigorous safety and efficacy requirements. Furthermore, advanced imaging equipment requires substantial research and development investment, expensive raw materials, and integration of artificial intelligence technologies, which can create difficulties for smaller companies.
According to Fortune Business Insights, market players are increasing their emphasis on new product launches and commercialization of advanced products to strengthen their market presence. In February 2024, Koninklijke Philips N.V. launched the Zenition 90 motorized image-guided therapy mobile C-arm system globally. Companies are also enhancing existing products to improve efficiency. In September 2024, F. Hoffmann-La Roche Ltd announced the expansion of its digital pathology open environment with 20 artificial intelligence algorithms developed with eight new collaborators, supporting cancer diagnosis and research.
By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, In-vitro Diagnostics (IVD), Minimally Invasive Surgery (MIS), Wound Management, Diabetes Care, Ophthalmic Devices, Dental Devices, Nephrology Devices, General Surgery, and Others)
By End User (Hospitals & ASCs, Clinics, and Others)
Explore the full research report with detailed insights and TOC: https://www.fortunebusinessinsights.com/saudi-arabia-medical-devices-market-114120
The competitive landscape includes major international companies that are focusing on product launches, partnerships, commercialization, and awareness initiatives. Johnson & Johnson, GE Healthcare, Medtronic, and Stryker are among the key players identified by Fortune Business Insights. Medtronic demonstrated the MiniMed 780G system in April 2023, highlighting its application for people living with diabetes. Other companies, including Koninklijke Philips N.V., Abbott, Siemens Healthineers AG, BD, and Cardinal Health, are focusing on new product launches to strengthen their product portfolios.
Medtronic (Ireland)
Johnson & Johnson (U.S.)
Koninklijke Philips N.V. (Netherlands)
Hoffmann-La Roche Ltd. (Switzerland)
Boston Scientific Corporation (U.S.)
Fresenius Medical Care AG (Saudi Arabia)
GE Healthcare (U.S.)
Siemens Healthineers AG (Saudi Arabia)
Stryker (U.S.)
Abbott (U.S.)
BD (U.S.)
Cardinal Health (U.S.)
The Saudi Arabia medical devices market is expected to maintain steady expansion through 2032 as demand for advanced diagnosis and treatment equipment increases. The market’s growth will be supported by the rising burden of chronic diseases and accidental injuries, growing clinical trial activity, product commercialization, and continued development of medical technologies. At the same time, skilled workforce shortages, healthcare infrastructure limitations, complex regulatory scenarios, and high development costs remain important considerations for market participants.
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