Saudi Arabia Medical Device Market Research Report Forecast to 2027

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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.

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Description

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.

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Table of Contents

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

Companies Mentioned

Koninklijke Philips NV, Johnson & Johnson, Medtronic plc, Siemens, and GE Healthcare.

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