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Report

Saudi Arabia Medical Device Market Research Report Forecast to 2027

Market Report I 2022-11-22 I 106 Pages I Market Research Future

Saudi Arabia Medical Device Market Research Report Forecast to 2027

Market Overview
Medical devices can be instruments, apparatus, machines, appliances, implants, software, materials, etc. envisioned to be used for medical problems that do not attain their primary proposed action by pharmacological, immunological, or metabolic paths. The expansion of the private healthcare system and the increasing population in Saudi Arabia have led to the growth of the medical devices market in recent years. However, the shortage of medical professionals and low healthcare expenditure are likely to restrain the market growth over the forecast period. Major factors facilitating the market growth are the flourishing medical device industry, the rising burden of chronic diseases, growing medical tourism, and the expansion of the private healthcare system. In contrast, the shortage of healthcare professionals (HCP) in the region is anticipated to restrain the market growth during the forecast period. The other growth factors include the rising prevalence of non-communicable diseases and the increasing population in the region.
Saudi Arabia medical devices market is entitled to exhibit rampant market growth during the forecast period of 2020 to 2027. Major factors facilitating the market growth are the flourishing medical device industry, the rising burden of chronic diseases, growing medical tourism, and the expansion of the private healthcare system. In contrast, the shortage of healthcare professionals (HCP) in the region is anticipated to restrain the market growth during the forecast period. The other growth factors include the rising prevalence of non-communicable diseases and the increasing population in the region.

Market Segmentation
The scope of the Saudi Arabia medical device market study includes market size analysis and a detailed analysis of the manufacturer's products and strategies. The market has been segmented based on device type, application, end-user, and region.
Based on device type, the Saudi Arabia medical device market has been segmented into drug delivery systems, invasive devices, respiratory therapeutic devices, patient monitoring devices, diagnostic devices and others. The other segment includes stethoscopes, thermometers, and other such devices intended for clinical applications.
On the basis of application, the Saudi Arabia medical device market has been segmented into general surgery, diagnostic imaging, respiratory, orthopedics, dental, neurology, ophthalmology, ENT, cardiovascular diseases, oncology, nephrology & urology, and others.
Major Players
The major players in the Saudi Arabia medical device market are Koninklijke Philips NV, Johnson & Johnson, Medtronic plc, Siemens, and GE Healthcare.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.


TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 OVERVIEW
2 MARKET INTRODUCTION
2.1 SCOPE OF THE STUDY
2.2 RESEARCH OBJECTIVE
2.3 LIST OF ASSUMPTIONS
3 RESEARCH METHODOLOGY
3.1 OVERVIEW
3.2 DATA MINING
3.3 SECONDARY RESEARCH
3.4 PRIMARY RESEARCH
3.4.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
3.4.2 BREAKDOWN OF PRIMARY RESPONDENTS
3.5 FORECASTING TECHNIQUES
3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION
3.6.1 BOTTOM-UP APPROACH
3.6.2 TOP-DOWN APPROACH
3.7 DATA TRIANGULATION
3.8 VALIDATION
4 MARKET DYNAMICS
4.1 OVERVIEW
4.2 DRIVERS
4.2.1 GROWING MEDICAL TOURISM
4.2.2 RISING BURDEN OF CHRONIC DISEASES
4.2.3 BOOMING MEDICAL DEVICES INDUSTRY
4.2.4 EXPANSION OF THE PRIVATE HEALTHCARE SYSTEM
4.3 RESTRAINTS
4.3.1 LACK OF SKILLED HEALTHCARE PROFESSIONALS
4.4 OPPORTUNITIES
4.4.1 FOREIGN DIRECT INVESTMENT THROUGH GOVERNMENT SUPPORT
4.4.2 EMERGING OPPORTUNITIES IN THE ASSOCIATION OF SOUTH-EAST ASIAN NATIONS (ASEAN) EXPORT MARKET
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS
5.1.1 R&D AND DESIGNING
5.1.2 MANUFACTURING
5.1.3 DISTRIBUTION & SALES
5.1.4 POST-SALES MONITORING
5.2 PORTER'S FIVE FORCES MODEL
5.2.1 BARGAINING POWER OF SUPPLIERS
5.2.2 BARGAINING POWER OF BUYERS
5.2.3 THREAT OF NEW ENTRANTS
5.2.4 THREAT OF SUBSTITUTES
5.2.5 INTENSITY OF RIVALRY
5.3 IMPACT OF COVID-19
5.3.1 IMPACT ON SUPPLY CHAIN
5.3.2 IMPACT ON PRODUCTION
5.4 INVESTMENT OPPORTUNITIES
5.4.1 IMPACT OF LOCALIZATION
6 SAUDI ARABIA MEDICAL DEVICE MARKET, BY DEVICE TYPE
6.1 OVERVIEW
6.2 DRUG DELIVERY SYSTEMS
6.3 DIAGNOSTIC DEVICES
6.4 PATIENT MONITORING DEVICES
6.5 INVASIVE DEVICES
6.6 RESPIRATORY THERAPEUTIC DEVICES
6.7 OTHER MEDICAL DEVICES
7 SAUDI ARABIA MEDICAL DEVICE MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 CARDIOVASCULAR DISEASES
7.3 DIAGNOSTIC IMAGING
7.4 ORTHOPEDICS
7.5 ONCOLOGY
7.6 OPHTHALMOLOGY
7.7 GENERAL SURGERY
7.8 RESPIRATORY
7.9 DENTAL
7.10 ENT
7.11 NEUROLOGY
7.12 NEPHROLOGY & UROLOGY
7.13 OTHERS
8 SAUDI ARABIA MEDICAL DEVICE MARKET, BY END USER
8.1 OVERVIEW
8.2 HOSPITALS AND CLINICS
8.3 AMBULATORY SURGICAL CENTERS (ASCS)
8.4 HOMECARE SETTINGS
8.5 OTHERS
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 MARKET SHARE ANALYSIS
9.3 COMPETITOR DASHBOARD
9.4 COMPETITIVE BENCHMARKING
9.5 MAJOR GROWTH STRATEGIES IN THE SAUDI ARABIA MEDICAL DEVICE MARKET
9.6 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS
9.7 KEY DEVELOPMENTS AND GROWTH STRATEGIES
9.7.1 PARTNERSHIP/ COLLABORATION
9.7.2 EXPANSIONS
9.7.3 ACQUISITIONS/MERGER
9.7.4 PRODUCT APPROVALS/LAUNCHES
9.8 MAJOR PLAYERS FINANCIAL MATRIX & MARKET RATIO
9.8.1 SALES & OPERATING PROFIT MARGIN, 2019
9.8.2 R&D EXPENDITURE, 2019
10 COMPANY PROFILES
10.1 KONINKLIJKE PHILIPS NV
10.1.1 COMPANY OVERVIEW
10.1.2 FINANCIAL OVERVIEW
10.1.3 PRODUCTS/SERVICES OFFERED
10.1.4 KEY DEVELOPMENTS
10.1.5 SWOT ANALYSIS
10.1.6 KEY STRATEGIES
10.2 ABBOTT LABORATORIES
10.2.1 COMPANY OVERVIEW
10.2.2 FINANCIAL OVERVIEW
10.2.3 PRODUCTS/SERVICES OFFERED
10.2.4 KEY DEVELOPMENTS
10.2.5 SWOT ANALYSIS
10.2.6 KEY STRATEGIES
10.3 CARDINAL HEALTH
10.3.1 COMPANY OVERVIEW
10.3.2 FINANCIAL OVERVIEW
10.3.3 PRODUCTS/SERVICES OFFERED
10.3.4 KEY DEVELOPMENTS
10.3.5 SWOT ANALYSIS
10.3.6 KEY STRATEGIES
10.4 FRESENIUS MEDICAL CARE AG & CO.
10.4.1 COMPANY OVERVIEW
10.4.2 FINANCIAL OVERVIEW
10.4.3 PRODUCTS/SERVICES OFFERED
10.4.4 KEY DEVELOPMENTS
10.4.5 SWOT ANALYSIS
10.4.6 KEY STRATEGIES
10.5 SMITH & NEPHEW PLC
10.5.1 COMPANY OVERVIEW
10.5.2 FINANCIAL OVERVIEW
10.5.3 PRODUCTS/SERVICES OFFERED
10.5.4 KEY DEVELOPMENTS
10.5.5 SWOT ANALYSIS
10.5.6 KEY STRATEGIES
10.6 JOHNSON & JOHNSON SERVICES INC.
10.6.1 COMPANY OVERVIEW
10.6.2 FINANCIAL OVERVIEW
10.6.3 PRODUCTS/SERVICES OFFERED
10.6.4 KEY DEVELOPMENTS
10.6.5 SWOT ANALYSIS
10.6.6 KEY STRATEGIES
10.7 MEDTRONIC PLC
10.7.1 COMPANY OVERVIEW
10.7.2 FINANCIAL OVERVIEW
10.7.3 PRODUCTS/SERVICES OFFERED
10.7.4 KEY DEVELOPMENTS
10.7.5 SWOT ANALYSIS
10.7.6 KEY STRATEGIES
10.8 BECTON, DICKINSON AND COMPANY
10.8.1 COMPANY OVERVIEW
10.8.2 FINANCIAL OVERVIEW
10.8.3 PRODUCTS/SERVICES OFFERED
10.8.4 KEY DEVELOPMENTS
10.8.5 SWOT ANALYSIS
10.8.6 KEY STRATEGIES
10.9 SIEMENS HEALTHINEERS
10.9.1 COMPANY OVERVIEW
10.9.2 FINANCIAL OVERVIEW
10.9.3 PRODUCTS/SERVICES OFFERED
10.9.4 KEY DEVELOPMENTS
10.9.5 SWOT ANALYSIS
10.9.6 KEY STRATEGIES
10.10 ZIMMER BIOMET HOLDINGS INC.
10.10.1 COMPANY OVERVIEWS
10.10.2 FINANCIAL OVERVIEW
10.10.3 PRODUCTS/SERVICES OFFERED
10.10.4 KEY DEVELOPMENTS
10.10.5 SWOT ANALYSIS
10.10.6 KEY STRATEGIES
10.11 SHIMADZU CORPORATION
10.11.1 COMPANY OVERVIEW
10.11.2 FINANCIAL OVERVIEW
10.11.3 PRODUCTS/SERVICES OFFERED
10.11.4 KEY DEVELOPMENTS
10.11.5 SWOT ANALYSIS
10.11.6 KEY STRATEGIES
10.12 GE HEALTHCARE
10.12.1 COMPANY OVERVIEW
10.12.2 FINANCIAL OVERVIEW
10.12.3 PRODUCTS/SERVICES OFFERED
10.12.4 KEY DEVELOPMENTS
10.12.5 SWOT ANALYSIS
10.12.6 KEY STRATEGIES
11 APPENDIX
11.1 REFERENCES
11.2 RELATED REPORTS


LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 SAUDI ARABIA MEDICAL DEVICE MARKET, BY DEVICE TYPE, 2017-2027 (USD MILLION)
TABLE 3 SAUDI ARABIA MEDICAL DEVICE MARKET, DRUG DELIVERY SYSTEMS, BY TYPE, 2017-2027 (USD MILLION)
TABLE 4 SAUDI ARABIA MEDICAL DEVICE MARKET, DIAGNOSTIC DEVICES, BY TYPE, 2017-2027 (USD MILLION)
TABLE 5 SAUDI ARABIA MEDICAL DEVICE MARKET, LABORATORY BASED DIAGNOSTIC DEVICES, BY TYPE, 2017-2027 (USD MILLION)
TABLE 6 SAUDI ARABIA MEDICAL DEVICE MARKET, WEARABLE DIAGNOSTIC DEVICES, BY TYPE, 2017-2027 (USD MILLION)
TABLE 7 SAUDI ARABIA MEDICAL DEVICE MARKET, FOR PATIENT MONITORING DEVICES, 2017-2027 (USD MILLION)
TABLE 8 SAUDI ARABIA MEDICAL DEVICE MARKET, FOR INVASIVE DEVICES, BY TYPE, 2017-2027 (USD MILLION)
TABLE 9 SAUDI ARABIA MEDICAL DEVICE MARKET, FOR RESPIRATORY THERAPEUTIC DEVICES, BY TYPE, 2017-2027 (USD MILLION)
TABLE 10 SAUDI ARABIA MEDICAL DEVICE MARKET, FOR OTHER MEDICAL DEVICES, 2017-2027 (USD MILLION)
TABLE 11 SAUDI ARABIA MEDICAL DEVICE MARKET, BY APPLICATION, 2017-2027 (USD MILLION)
TABLE 12 SAUDI ARABIA MEDICAL DEVICE MARKET, BY END USER, 2017-2027 (USD MILLION)
TABLE 13 TOP PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE MEDICAL DEVICE MARKET
TABLE 14 PARTNERSHIP/ COLLABORATION: SAUDI ARABIA MEDICAL DEVICE MARKET
TABLE 15 EXPANSIONS: SAUDI ARABIA MEDICAL DEVICE MARKET
TABLE 16 ACQUISITIONS: SAUDI ARABIA MEDICAL DEVICE MARKET
TABLE 17 PRODUCT APPROVALS/LAUNCHES: SAUDI ARABIA MEDICAL DEVICE MARKET
TABLE 18 R&D EXPENDITURE, 2019
TABLE 19 KONINKLIJKE PHILIPS NV: PRODUCTS/SERVICES OFFERED
TABLE 20 KONINKLIJKE PHILIPS NV: KEY DEVELOPMENTS
TABLE 21 ABBOTT LABORATORIES: PRODUCTS/SERVICES OFFERED
TABLE 22 ABBOTT LABORATORIES: KEY DEVELOPMENTS
TABLE 23 CARDINAL HEALTH: PRODUCTS/SERVICES OFFERED
TABLE 24 CARDINAL HEALTH: KEY DEVELOPMENTS
TABLE 25 FRESENIUS MEDICAL CARE AG & CO.: PRODUCTS/SERVICES OFFERED
TABLE 26 FRESENIUS MEDICAL CARE AG & CO.: KEY DEVELOPMENTS
TABLE 27 SMITH & NEPHEW PLC: PRODUCTS/SERVICES OFFERED
TABLE 28 SMITH & NEPHEW PLC: KEY DEVELOPMENTS
TABLE 29 JOHNSON & JOHNSON SERVICES INC.: PRODUCTS/SERVICES OFFERED
TABLE 30 JOHNSON & JOHNSON SERVICES INC: KEY DEVELOPMENTS
TABLE 31 MEDTRONIC PLC: PRODUCTS/SERVICES OFFERED
TABLE 32 MEDTRONIC PLC: KEY DEVELOPMENTS
TABLE 33 BECTON, DICKINSON AND COMPANY: PRODUCTS/SERVICES OFFERED
TABLE 34 BECTON, DICKINSON AND COMPANY: KEY DEVELOPMENTS
TABLE 35 SIEMENS: PRODUCTS/SERVICES OFFERED
TABLE 36 SIEMENS: KEY DEVELOPMENTS
TABLE 37 ZIMMER BIOMET HOLDINGS INC.: PRODUCTS/SERVICES OFFERED
TABLE 38 ZIMMER BIOMET HOLDINGS INC.: KEY DEVELOPMENTS
TABLE 39 SHIMADZU CORPORATION: PRODUCTS/SERVICES OFFERED
TABLE 40 SHIMADZU CORPORATION: KEY DEVELOPMENTS
TABLE 41 GE HEALTHCARE: PRODUCTS/SERVICES OFFERED
TABLE 42 GE HEALTHCARE: KEY DEVELOPMENTS


LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS
FIGURE 2 SAUDI ARABIA MEDICAL DEVICE MARKET STRUCTURE
FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES
FIGURE 4 MARKET DYNAMICS: ANALYSIS OF THE SAUDI ARABIA AND MEA MEDICAL DEVICES MARKET
FIGURE 5 NUMBER OF NEW CANCER CASES IN SAUDI ARABIA, 2018
FIGURE 6 DRIVER IMPACT ANALYSIS
FIGURE 7 RESTRAINT IMPACT ANALYSIS
FIGURE 8 VALUE CHAIN: SAUDI ARABIA MEDICAL DEVICE MARKET
FIGURE 9 PORTER'S FIVE FORCES ANALYSIS: SAUDI ARABIA MEDICAL DEVICE MARKET
FIGURE 10 IMPACT ANALYSIS
FIGURE 11 SAUDI ARABIA MEDICAL DEVICE MARKET, BY DEVICE TYPE, 2019 (%)
FIGURE 12 SAUDI ARABIA MEDICAL DEVICE MARKET, BY DEVICE TYPE, 2019 & 2027 (USD MILLION)
FIGURE 13 SAUDI ARABIA MEDICAL DEVICE MARKET, BY APPLICATION, 2019 (%)
FIGURE 14 SAUDI ARABIA MEDICAL DEVICE MARKET, BY APPLICATION, 2019 & 2027 (USD MILLION)
FIGURE 15 SAUDI ARABIA MEDICAL DEVICE MARKET, BY END USER, 2019 (%)
FIGURE 16 SAUDI ARABIA MEDICAL DEVICE MARKET, BY END USER, 2019 & 2027 (USD MILLION)
FIGURE 17 SAUDI ARABIA MEDICAL DEVICE MARKET SHARE ANALYSIS, 2019 (%)
FIGURE 18 COMPETITOR DASHBOARD: SAUDI ARABIA MEDICAL DEVICE MARKET
FIGURE 19 BENCHMARKING OF MAJOR COMPETITORS
FIGURE 21 MAJOR STRATEGY ADOPTED BY KEY PLAYERS IN THE SAUDI ARABIA MEDICAL DEVICE MARKET
FIGURE 22 MEDICAL DEVICE MARKET, COMPETITIVE LANDSCAPE (% SHARE)
FIGURE 23 SALES & OPERATING PROFIT MARGIN, 2019
FIGURE 24 KONINKLIJKE PHILIPS NV: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 25 KONINKLIJKE PHILIPS NV: SWOT ANALYSIS
FIGURE 26 ABBOTT LABORATORIES: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 27 ABBOTT LABORATORIES: SWOT ANALYSIS
FIGURE 28 CARDINAL HEALTH: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 29 CARDINAL HEALTH: SWOT ANALYSIS
FIGURE 30 FRESENIUS MEDICAL CARE AG & CO.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 31 FRESENIUS MEDICAL CARE AG & CO.: SWOT ANALYSIS
FIGURE 32 SMITH & NEPHEW PLC: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 33 SMITH & NEPHEW PLC: SWOT ANALYSIS
FIGURE 34 JOHNSON & JOHNSON SERVICES INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 35 JOHNSON & JOHNSON SERVICES INC.: SWOT ANALYSIS
FIGURE 36 MEDTRONIC PLC: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 37 MEDTRONIC PLC: SWOT ANALYSIS
FIGURE 38 BECTON, DICKINSON AND COMPANY: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 39 BECTON, DICKINSON AND COMPANY: SWOT ANALYSIS
FIGURE 40 SIEMENS: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 41 SIEMENS: SWOT ANALYSIS
FIGURE 42 ZIMMER BIOMET HOLDINGS INC.: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 43 ZIMMER BIOMET HOLDINGS INC.: SWOT ANALYSIS
FIGURE 44 SHIMADZU CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 45 SHIMADZU CORPORATION: SWOT ANALYSIS
FIGURE 46 GE HEALTHCARE: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 47 GE HEALTHCARE: SWOT ANALYSIS

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