The Saudi Arabia hospital equipment market size is expected to exhibit a growth rate (CAGR) of 13.20% during 2025-2033. The rise in the healthcare expenditure of the country is the main factor driving the market, supported by government initiatives like Vision 2030, which aims to improve the healthcare infrastructure. Also, the occurrences of chronic diseases and the growing old age population further drive the demand for premium medical devices and technologies. Additionally, the growing number of private healthcare centers and hospitals across the country is creating significant market opportunities, thereby further expanding the Saudi Arabia hospital equipment market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Growth Rate 2025-2033 | 13.20% |
Growing Aging Population
Saudi Arabia is experiencing a gradual increase in its aging population, a trend that significantly impacts the demand for hospital equipment. According to an industry report, the 65 years and older population in Saudi Arabia grew 8.93% from 3.1% in 2023 to 3.3% in 2024. With the population of older adults on the rise, there is a greater demand for healthcare services among older adults, which involves specialized equipment for controlling chronic diseases and age-related conditions like diabetes, hypertension, and mobility. The demographic shift fuels the need for diagnostic devices and medical technology that can enhance the quality of life among the elderly. Additionally, older adults may need long-term care. Therefore, there is also an increased requirement for rehabilitation equipment, home care devices, and mobility assist devices. The demand for healthcare infrastructure to accommodate this population is growing rapidly, prompting hospitals and care units to invest in equipment that meets the specific needs of elderly patients.
Increasing Healthcare Expenditure
The country's healthcare spending is on the rise, which is positively impacting the Saudi Arabia hospital equipment market growth. The government's vision of enhancing the standards of healthcare is leading to major investments in the healthcare sector, which include investments in sophisticated medical equipment. As per industry reports, over USD 8 Billion has been invested in about 170 transactions, with the motive to enhance the Kingdom's domestic healthcare sector. Apart from this, public and private healthcare institutions are also improving their infrastructures to international standards, which increases the demand for advanced medical devices and technologies. The increase in healthcare expenditure is also supported by the nation's economic diversification campaigns, which result in better access to financing for healthcare projects. Increased expenditure on healthcare infrastructure, research, and development (R&D) activities further enables hospitals to provide services across a broad scope, ranging from diagnostics to surgery, thereby directly propelling the market for medical devices and hospital equipment.
Rise in Chronic Diseases
The rising incidence of chronic diseases in Saudi Arabia is a key driver of market growth. Diseases like cardiovascular diseases, diabetes, and respiratory diseases are rapidly on the rise due to lifestyle modification, food intake, and increased prevalence of obesity. According to industry reports, diabetes is one of the significant public health issues in Saudi Arabia, with an estimated 18.5% prevalence among Saudi adults. The management of chronic diseases necessitates a range of sophisticated medical equipment, such as diagnostic equipment, patient monitoring equipment, and therapy devices. Furthermore, the increasing cost of these ailments is making healthcare professionals invest in advanced hospital equipment to enhance diagnosis, treatment, and continuing care. Moreover, the increasing need for long-term management of chronic illnesses is driving demand for home healthcare equipment, including glucose monitoring systems and portable ventilators. This trend highlights the crucial role of advanced medical technologies in improving healthcare outcomes for patients with chronic diseases, driving growth in the market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels regional levels for 2025-2033. Our report has categorized the market based on equipment type, distribution channel, and end user.
Equipment Type Insights:
The report has provided a detailed breakup and analysis of the market based on the equipment type. This includes diagnostic equipment (X-ray machines, MRI scanners, CT scanners, ultrasound devices, and endoscopy equipment), therapeutic equipment (ventilators, dialysis machines, infusion pumps, and laser therapy devices), surgical equipment (electrosurgical devices, surgical navigation systems, and endoscopic instruments), patient monitoring equipment (ECG monitors, blood pressure monitors, pulse oximeters, and fetal monitoring systems), and mobility and support equipment (wheelchairs and stretchers, hospital beds, and patient lifting equipment).
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes direct sales, distributors and dealers, and online platforms.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes hospitals and clinics, diagnostic centers, ambulatory surgical centers, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Equipment Types Covered |
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Distribution Channels Covered | Direct Sales, Distributors and Dealers, Online Platforms |
End Users Covered | Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: