The Saudi Arabia medical devices market was valued at USD 6.29 Billion in 2024, driven by the increasing prevalence of chronic diseases and a rising aging population across the region. It is expected to grow at a CAGR of 4.70% during the forecast period of 2025-2034 and attain a market value of USD 9.96 Billion by 2034. The country’s push for local manufacturing, regulatory enhancements, and public-private partnerships further strengthens its capacity to attract foreign investment and accelerate innovation in medical device development.
Telemedicine, AI-powered diagnostics, and home-based care devices are seeing more traction, particularly in urban centers. There’s also growing demand for orthopedic, cardiovascular, and critical care equipment as the country invests in specialized treatment centers. Foreign investors see opportunity in Saudi Arabia’s combination of strong demand, a large public healthcare budget, and a commitment to diversifying the economy. This mix is expected to keep the market on a steady growth path through the forecast period.
Base Year
Historical Period
Forecast Period
Rising healthcare expenditure and government-backed infrastructure projects are boosting demand for advanced medical technologies across Saudi Arabia.
Localization initiatives and Vision 2030 reforms are encouraging foreign investments and domestic manufacturing in the medical device sector.
Increasing prevalence of chronic diseases is driving the need for diagnostic, surgical, and patient monitoring devices throughout the Kingdom.
Compound Annual Growth Rate
4.7%
Value in USD Billion
2025-2034
Saudi Arabia Medical Devices Market Outlook
*this image is indicative*
Medical devices are used for diagnosing, monitoring, and treating health conditions. In Saudi Arabia, their use is vital due to rising chronic diseases and expanding healthcare infrastructure. These devices support advanced diagnostics, surgical procedures, and patient monitoring, improving care quality and efficiency. The healthcare system heavily depends on medical technologies to meet Vision 2030 goals, promoting digital health and innovation. Consequently, demand for high-quality and innovative medical devices is growing, driving market expansion and enhancing healthcare outcomes. The market is expected to grow at a CAGR of 4.70% during the forecast period of 2025-2034 and attain a market value of USD 9.96 Billion by 2034.
Regulatory Advances Accelerate AI Integration in Saudi Medical Devices
Increasing adoption of artificial intelligence in healthcare and government focus on digital health are driving market growth. For instance, in June 2024, the Saudi Food and Drug Authority (SFDA) released the MDS-G010 guidance, establishing clear regulatory requirements for AI- and machine learning-based medical devices. This regulation aligns with global standards while addressing local challenges, fostering innovation, and investor confidence. Consequently, it is expected to significantly boost market expansion and technological advancement in the forecast period.
The market is evolving rapidly through digital adoption and increased international collaborations.
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Application
Market Breakup by End User
Market Breakup by Region
Hospitals to Lead the Market Share by End Users
Based on end users, the hospital segment is expected to hold the largest market share due to significant government investments in healthcare infrastructure and the expansion of tertiary care facilities. Specialty clinics and ambulatory surgical centers in the GCC are rapidly growing, driven by rising outpatient procedures and chronic disease management. Homecare settings are also gaining traction across the region, supported by increasing demand for remote patient monitoring. Other regions focus on strengthening primary care, but hospitals remain dominant overall.
The market shows strong regional growth driven by major urban centers. Riyadh leads due to its advanced healthcare infrastructure and numerous specialized hospitals, attracting significant investments. Makkah and Madinah benefit from medical tourism linked to pilgrimage activities, boosting demand for medical devices. The Eastern Province thrives with its oil wealth and healthcare expansion projects, while Qassim and other regions show steady growth supported by government initiatives to improve healthcare access nationwide. These regional dynamics collectively propel market expansion.
The key features of the market report comprise funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Medtronic plc, founded in 1949 and headquartered in Dublin, Ireland, is a global leader in medical technology. The company offers a wide portfolio in Saudi Arabia, including cardiac devices, diabetes management systems, surgical tools, and neurovascular therapies. Medtronic partners with local healthcare institutions to support advanced treatments and patient care solutions. Its strong presence in the Kingdom aligns with national health initiatives, focusing on reducing chronic disease burdens through minimally invasive innovations and training programs for healthcare professionals.
Headquartered in New Brunswick, New Jersey, and established in 1886, Johnson & Johnson MedTech operates as a leading player in surgical technology and interventional solutions. In Saudi Arabia, the company supplies a wide range of products, including orthopedic implants, cardiovascular devices, and wound care systems. It actively collaborates with healthcare institutions to improve surgical outcomes and patient safety. Johnson & Johnson MedTech supports Vision 2030 by enhancing local healthcare capabilities and investing in medical education and training initiatives across the Kingdom.
Founded in 1996 and headquartered in Bad Homburg, Germany, Fresenius Medical Care AG & Co. is the world’s largest provider of dialysis products and services. In Saudi Arabia, the company plays a vital role in managing kidney-related care through its advanced hemodialysis machines, dialyzers, and renal clinics. It works closely with the Ministry of Health to enhance chronic kidney disease treatment infrastructure. Fresenius contributes to improving patient access to quality renal care while supporting clinical training and technology transfer in the Kingdom.
Abbott, founded in 1888 and headquartered in Illinois, USA, is a global healthcare company with a robust medical device portfolio. In Saudi Arabia, Abbott offers cardiovascular devices, diagnostic systems, diabetes care tools, and neuromodulation products. The company partners with healthcare providers to deliver advanced, patient-centric solutions that align with Saudi Arabia’s health transformation goals. Abbott also invests in local training and awareness programs, ensuring clinicians and patients benefit from the latest innovations in diagnostics and chronic disease management.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include GE Healthcare, Koninklijke Philips N.V., Siemens Healthcare GmbH, and 3M Company.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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