Report Overview

Saudi Arabia Medical Device Sterilization Market - Industry Trends & Forecast Report, 2029

Saudi Arabia medical device sterilization market size was estimated at USD 281.75 million in 2022. During the forecast period between 2023 and 2029, the size of Saudi Arabia medical device sterilization market is projected to grow at a CAGR of 8.77% reaching a value of USD 505.26 million by 2029. Major growth drivers for Saudi Arabia medical device sterilization market include increasing occurrence of chronic diseases and rising number of surgical procedures being performed. Other drivers of this market are the increasing demand for medical devices, which is due to the growing population, aging demographics, and the prevalence of chronic diseases. As the number of patients continues to rise, the demand for medical devices also increases, driving the growth of the sterilization market. Also, the Saudi Arabian government has implemented strict regulations and standards for medical device sterilization to ensure patient safety, which has also contributed to the growth of the market. The market has been further driven by advancements in technology that enable more efficient and effective sterilization methods.

Saudi Arabia Medical Device Sterilization Market – Overview

Sterilization refers to the process of removing or killing all forms of life, including microorganisms, such as fungi, bacteria, spores, and other biological agents. Various methods, such as heat, chemicals, irradiation, high pressure, and filtration can be used to accomplish sterilization. The medical industry regards sterilization as an essential process, and the efficiency and sterility of sterilization equipment are crucial factors. Unsterile equipment can lead to serious issues, such as lethal hepatitis and HIV, which highlights the importance of effective infection control. Sterilization equipment is vital in disinfecting and reprocessing tools and devices, making it a significant component of the healthcare setting. The need for a sanitary environment and proper medication administration was highlighted by recent pandemics such as the Ebola virus. Sterilization methods used throughout history include pitch, tar, burning sulfur, and steam. The advancement of sterilization methods has led to the development of surgical instruments that can withstand elevated levels of heat.

Saudi Arabia Medical Device Sterilization Market

Growth Drivers

Increasing Demand for Medical Devices Driven by Aging Population

As the population of Saudi Arabia continues to grow and age, there is an increasing demand for medical devices such as surgical instruments, diagnostic equipment, and implants. However, these devices must be properly sterilized before use to prevent the spread of infectious diseases and ensure patient safety. This has led to a rise in demand for medical device sterilization services in the country. As a result, the Saudi Arabia medical device sterilization market is expected to expand in response to this growing demand. The market includes various methods of sterilization, such as steam sterilization, ethylene oxide sterilization, and low-temperature sterilization technologies. Sterilization equipment is an important part of the healthcare industry, with the efficiency and sterility of the equipment being crucial to effective infection control. Moreover, with the Saudi Arabian government taking measures to improve public health and healthcare services, the market for medical devices and services is expected to continue growing. This provides opportunities for companies operating in the medical device sterilization market to expand their operations and meet the increasing demand for their services.

Restraints

Limited Access to Sterilization Facilities, Particularly in Remote Areas

The limited access to sterilization facilities, particularly in remote areas, is expected to be a major constraint for the growth of Saudi Arabia Medical Device Sterilization Market. The lack of adequate infrastructure and equipment in these areas makes it challenging for healthcare providers to properly sterilize medical devices. This could result in an increased risk of infectious diseases and a negative impact on patient safety. Moreover, the cost of setting up and maintaining sterilization facilities can be high, which may discourage some healthcare providers from investing in these services. This can further limit access to sterilization facilities, particularly in areas with limited financial resources.

Impact of COVID-19 on Saudi Arabia Medical Device Sterilization Market

COVID-19 had a dual impact on the Saudi Arabia medical device sterilization market. On the positive side, the pandemic has increased the demand for medical devices and, consequently, the need for sterilization services. This has led to an increase in the market size, as healthcare facilities and medical device manufacturers seek to ensure the safety of their patients and employees. However, the pandemic has also caused disruptions in the supply chain and production of medical devices, which has affected the demand for sterilization services. Additionally, the implementation of lockdowns and social distancing measures has led to a decrease in elective surgeries and non-urgent medical procedures, further impacting the demand for sterilized medical devices. Also, the pandemic has led to a strain on healthcare resources and personnel, making it challenging for medical device sterilization companies to maintain their operations and meet the growing demand for their services. Nevertheless, as vaccination programs continue and the situation stabilizes, it is expected that the Saudi Arabia medical device sterilization market will recover and continue to grow in the long run.

Saudi Arabia Medical Device Sterilization Market

Segmental Coverage

Saudi Arabia Medical Device Sterilization Market – By Product Type

By product type, Saudi Arabia medical device sterilization market is divided into Instruments, Reagents, and Services. The instruments segment of the Saudi Arabia medical device sterilization market holds the highest market share, as it includes a wide range of medical devices that require regular sterilization before use, such as surgical instruments, dental equipment, and endoscopes. These devices are used extensively in hospitals, clinics, and diagnostic centers, which are the major end users of medical device sterilization services in Saudi Arabia. Moreover, the increasing demand for minimally invasive surgeries and the growing prevalence of chronic diseases requiring surgical intervention have contributed to the growth of the instruments segment. Additionally, the excessive cost of medical devices and the need to maintain their effectiveness and safety for patient care have also boosted the demand for medical device sterilization services, particularly for instruments.

Saudi Arabia Medical Device Sterilization Market – By Technology

Based on technology, Saudi Arabia medical device sterilization market is divided into Thermal Sterilization, Ionizing Radiation Sterilization, Filtration Sterilization, and Gas & Chemical Sterilization. The thermal sterilization segment held the highest market share. Thermal sterilization is a widely used and effective method of sterilizing medical devices, which involves the use of heat to kill microorganisms. This method is preferred in Saudi Arabia due to its low cost and ease of use compared to other methods, such as ionizing radiation and gas/chemical sterilization. In addition, thermal sterilization can be done using a variety of equipment, such as steam autoclaves, dry heat ovens, and hot air sterilizers, which makes it a versatile option for several types of medical devices. Moreover, thermal sterilization is considered to be a safe and reliable method of sterilization, which has contributed to its widespread use in the Saudi Arabia medical device sterilization market.

Saudi Arabia Medical Device Sterilization Market – By End Use

Based on end use, Saudi Arabia medical device sterilization market is segmented into Pharmaceutical Companies, Hospitals, Clinics, Laboratories, Academic & Research Institutes, and Medical Device Manufacturers. The hospital segment holds the highest market share in Saudi Arabia medical device sterilization market because hospitals are the primary healthcare settings where medical devices are extensively used, and sterilization is an essential part of infection control in hospitals. Medical devices used in hospitals, such as surgical instruments, diagnostic equipment, and implants, must be properly sterilized before use to prevent the spread of infectious diseases and ensure patient safety. Hospitals are also the largest consumers of sterilization services and equipment as they require a high volume of sterile medical devices daily. As a result, hospitals are significant contributors to the growth of the medical device sterilization market in Saudi Arabia.

Saudi Arabia Medical Device Sterilization Market – By Distribution Channel

Based on distribution channel, Saudi Arabia medical device sterilization market is segmented Direct Tenders, Retail Sales, and Third-Party Distributor. The direct tenders segment holds the highest market share in Saudi Arabia medical device sterilization market, as government and private hospitals, clinics, and other healthcare facilities usually prefer to procure medical device sterilization services through direct tenders. This is because direct tenders offer transparency and ensure that the procurement process is fair and competitive, which can result in cost savings for the healthcare facility. Additionally, direct tenders allow healthcare facilities to work directly with the sterilization service provider, ensuring that their specific requirements are met. In contrast, retail sales and third-party distributors may not provide the same level of customization and flexibility in the procurement process. As a result, direct tenders remain the preferred choice for many healthcare facilities in Saudi Arabia when it comes to procuring medical device sterilization services. The third-party distributor segment is expected to hold the second-highest market share during the forecast period. This is because third-party distributors often have established relationships with hospitals, clinics, and other healthcare facilities, and are able to provide a wide range of sterilization services and products. They also have the advantage of being able to reach remote areas and smaller healthcare facilities that may not have direct access to sterilization services. Retail sales may have a smaller market share as they are typically limited to selling sterilization products for personal use or small-scale operations.

Competitive Landscape

Major players operating in Saudi Arabia medical device sterilization market include STERIS Corporation, 3M Company, Johnson & Johnson, Getinge AB, Cantel Medical Corp., Sakura Seiki, Andersen Products, Inc., Belimed AG, Sterigenics International LLC, and MMM Group. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product Type

• Instruments

• Reagents

• Services

By Technology

• Thermal Sterilization

• Ionizing Radiation Sterilization

• Filtration Sterilization

• Gas & Chemical Sterilization

By End Use

• Pharmaceutical Companies

• Hospitals

• Clinics

• Laboratories

• Academic & Research Institutes

• Medical Device Manufacturers

By Distribution Channel

• Direct Tenders

• Retail Sales

• Third-Party Distributors

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Medical Device Sterilization Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing demand for medical devices due to the growing population
         2. Growing number of surgical procedures being performed in the country
         3. Government investments in healthcare infrastructure
      2. Restraints
         1. Limited access to sterilization facilities, particularly in remote areas
      3.  Opportunities
         1. Increasing adoption of single-use medical devices
         2. Growing demand for sterilization services from ambulatory surgical centers and small clinics
      4. Challenges
         1. Availability of skilled personnel for sterilization procedures
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Saudi Arabia Medical Device Sterilization Market Overview
   1. Market Application & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share and Forecast
      1. By Product Type
         1. Instruments
         2. Reagents
         3. Services
      2. By Technology
         1. Thermal Sterilization
         2. Ionizing Radiation Sterilization
         3. Filtration Sterilization
         4. Gas and Chemical Sterilization
      3. By End-Use
         1. Pharmaceutical Companies
         2. Hospitals
         3. Clinics
         4. Laboratories
         5. Academic and Research Institutes
         6. Medical Device Manufacturers
         7. Others
      4. By Distribution Channel
         1. Direct Tenders
         2. Retail Sales
         3. Third-Party Distributor
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Saudi Arabia Medical Device Sterilization Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on Saudi Arabia Medical Device Sterilization Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. STERIS Corporation
   2. 3M Company
   3. Johnson & Johnson
   4. Getinge AB
   5. Cantel Medical Corp.
   6. Sakura Seiki
   7. Andersen Products, Inc.
   8. Belimed AG
   9. Sterigenics International LLC
   10. MMM Group
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1.    Qualitative Research
      1.  Primary & Secondary Research
   2.    Quantitative Research
   3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
   4.    Breakdown of Primary Research Respondents, By Country
   5.    Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Saudi Arabia Medical Device Sterilization Segmentation

Figure 2       Saudi Arabia Medical Device Sterilization Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2021

Figure 4       Saudi Arabia Medical Device Sterilization Market Size, By Value (USD Million), 2019-2029

Figure 5       Saudi Arabia Medical Device Sterilization Market Share, By Product Type, By Value, 2019-2029

Figure 6       Saudi Arabia Medical Device Sterilization Market Share, By Technology, By Value, 2019-2029

Figure 7       Saudi Arabia Medical Device Sterilization Market Share, By Distribution Channel, By Value, 2019-2029

Figure 8       Saudi Arabia Medical Device Sterilization Market Share, By End-Use, By Value, 2019-2029

List of Tables

Table 1 Saudi Arabia Medical Device Sterilization Market Size, By Value (USD Million), 2019-2029

Table 2        Saudi Arabia Medical Device Sterilization Market Size, By Product Type, By Value, 2019-2029

Table 3        Saudi Arabia Medical Device Sterilization Market Size, By Technology, By Value, 2019-2029

Table 4        Saudi Arabia Medical Device Sterilization Market Size, By Distribution Channel, By Value, 2019-2029

Table 5        Saudi Arabia Medical Device Sterilization Market Size, By End-Use, By Value, 2019-2029

 Table 6       STERIS Corporation Company Overview

Table 7        STERIS Corporation Financial Overview

Table 8        3M Company: Company Overview

Table 9        3M Company Financial Overview

Table 10      Johnson & Johnson Company Overview

Table 11      Johnson & Johnson Financial Overview

Table 12      Getinge AB Company Overview

Table 13      Getinge AB Financial Overview

Table 14      Cantel Medical Corp. Company Overview

Table 15      Cantel Medical Corp. Financial Overview

Table 16      Advanced Sterilization Products Services, Inc. Company Overview

Table 17      Advanced Sterilization Products Services, Inc. Financial Overview

Table 18      Belimed AG Company Overview

Table 19      Belimed AG Financial Overview

Table 20      Sterigenics International LLC Company Overview

Table 21      Sterigenics International LLC Financial Overview

Table 22      MMM Group Company Overview

Table 23      MMM Group Financial Overview

Table 24      Matachana Group Company Overview

Table 25      Matachana Group Financial Overview