Saudi Arabia Medical Devices Market to reach around $ 3870 million from $ 2250 million in 2017, by the end of the forecast period at a CAGR of ~9.5%.
Some of the key players in this market are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter International, Fresenius Medical Care AG & Co., Cardinal Health, Al-Salehiya Medical Estableshment, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Amin Medical Instruments Company (AMICO), Al Faisaliah Medical Systems (FMS), Siemens Ltd and others.
A Medical Devices is any instrument, apparatus including any product, biologic or non-biologic material, to be utilized for the analytic or helpful use for administration of illnesses and scatters. The Medical Devices industry saw one of the speediest development pushed by advancement and fast take-up of innovations. The Medical Devices industry has additionally brought about the fruitful combination of data innovation and human services. Innovation and item advancement remain the primary columns for the developing business sector for Medical Devices.
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The market includes two sections one cutting edge gadgets with outrageous refinement and another is the low tech enhanced gadgets. The innovative fragment, for example, symptomatic imaging gadgets is seeing higher rates of development. The low tech section is additionally developing at a decent rate however has seen development in creating districts as the market for these in created locales is dormant. The other market driving variables are rising open medicinal services consumption in Saudi Arabia, advancement of huge doctor’s facilities, for example, King Faisal healing center in Riyadh, interest for noninvasive treatment and so on.
The market imperatives are strict and uncertain administrative system, developing worry for security particularly information security, differential accessibility amongst created and creating areas, availability issues in Saudi Arabia, the obstruction Sharia courts and so on.
The future advancements will incorporate cloud coordination, associated social insurance gadgets and developing interest for customized medicinal wearable gadgets. Social insurance portable applications will likewise lead the market.
Saudi Arabia medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented into hospitals, ambulatory, home and others.
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1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market dynamics
3.4 Macroeconomic Indicators
4 Market factor analysis
LIST OF TABLES
Table 1 Saudi Arabia Medical Devices Market, 2013-2022 (USD Million)
Table 2 Saudi Arabia Medical Devices Market, By Product Type, 2013-2022 (USD Million)
Table 3 Saudi Arabia Medical Devices Market, By Therapeutic Application, 2013-2022 (USD Million)
Table 4 Saudi Arabia Medical Devices Market, By End User, 2013-2022 (USD Million)
Table 5 Saudi Arabia Medical Devices Market, By Region, 2013-2022 (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Porters Five Forces Model
Figure 3 Saudi Arabia Medical Devices Market, By Product Type
Figure 4 Saudi Arabia Medical Devices Market, By Therapeutic Application
Figure 5 Saudi Arabia Medical Devices Market, By End User
Figure 6 Saudi Arabia Medical Devices Market, By Region
Figure 7 Saudi Arabia Medical Devices Market: Company Share Analysis, 2015 (%)
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