Report Overview

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

Saudi Arabia medical disposables market size was estimated at USD 3.12 billion in 2022. During the forecast period between 2023 and 2029, the size of Saudi Arabia medical disposables market is projected to grow at CAGR of 17.5% reaching a value of USD 9.59 billion by 2029. Major growth drivers for Saudi Arabia medical disposables market include increasing hospital acquired infections (HAIs), growing number of surgical procedures being performed, a higher prevalence of chronic diseases, and the impact of the COVID-19 pandemic. The market for medical disposables in Saudi Arabia is being driven primarily by the increasing prevalence of chronic diseases such as diabetes and cardiovascular diseases. According to a report by the International Diabetes Federation, the prevalence of diabetes in Saudi Arabia is 18.3%, with 7 million people being diabetic and 3 million having pre-diabetes. This high prevalence of diabetes results in diabetic foot ulcers, leading to extended hospital stays and driving the market for medical disposables. Within the medical disposables market, supplies and devices designed for managing chronic diseases are expected to see high revenue growth. This includes items such as dialysis, urinary drainage, ostomy, and respiratory disorder supplies, as well as first aid kits and medical waste disposal supplies. As self-treatment becomes more popular, the demand for high value-added products with superior infection prevention protections is expected to grow. Also, advances in the quality of medical disposables are likely to improve the safety and outcome of various patient procedures in Saudi Arabia. Hence, such factors are expected to boost the expansion of Saudi Arabia medical disposables market.

Saudi Arabia Medical Disposables Market – Overview

Medical disposables are items used in healthcare settings that are designed for one-time use and are then discarded. These items include gloves, syringes, needles, catheters, gowns, masks, and other supplies that play a critical role in preventing the spread of infection and ensuring the safety of both patients and healthcare professionals. Medical disposables are used in hospitals, clinics, doctor's offices, and other healthcare facilities, as well as in other industries where cleanliness and safety are essential, such as food service and manufacturing. Proper disposal of medical disposables is crucial for protecting the environment and preventing the spread of infection. Healthcare professionals are trained to follow specific guidelines to ensure the proper handling and disposal of medical disposables. Medical disposables have become an integral part of modern medicine, and their use is expected to continue to grow in the coming years.

Saudi Arabia Medical Disposables Market

Growth Drivers

Increasing Demand for Medical Devices Due to Growing & Aging Population

The Saudi Arabia medical disposables market is projected to experience growth in response to the country's increasing population and the rising prevalence of chronic diseases. With a growing number of people requiring medical treatment and care, there is an increased demand for single-use medical products, such as gloves, masks, and other medical consumables, that can help prevent the spread of infections and ensure the safety of healthcare professionals and patients. Chronic diseases, such as cardiovascular diseases, diabetes, and respiratory disorders, are on the rise in Saudi Arabia, which is expected to drive the demand for medical disposables. The healthcare industry is expanding, and the Saudi Arabian government is investing in healthcare infrastructure and services to improve healthcare outcomes for its citizens. All of these factors are likely to contribute to the growth of the Saudi Arabia medical disposables market in the coming years.

Restraints

High Cost of Medical Disposables May Limit Their Adoption

One of the key factors that may limit the growth of the Saudi Arabia medical disposables market is the high cost of medical disposables. while these products are critical for maintaining hygiene and preventing the spread of infections, their high cost can create a financial burden for healthcare providers and patients. In addition, the lack of awareness and education about the proper use and disposal of medical disposables among healthcare professionals and patients may also limit their adoption. Improper handling and disposal of these products can contribute to environmental pollution and increase the risk of infection transmission. Also, the presence of counterfeit or low-quality medical disposables in the market can also pose a threat to patient safety and limit the adoption of authentic, high-quality medical disposables.

Impact of COVID-19 on Saudi Arabia Medical Disposables Market

COVID-19 had both positive and negative effects on the medical disposables market in Saudi Arabia. The demand for medical disposables has surged due to the need for PPE and other medical supplies to prevent the spread of the virus. The Saudi government has taken steps to increase local production to meet the growing demand. However, the global supply chain disruption has caused a shortage of raw materials and components, leading to increased prices. Additionally, travel restrictions have affected the import and export of medical disposables, further contributing to the shortage and price increase.

Saudi Arabia Medical Disposables Market

Segmental Coverage

Saudi Arabia Medical Disposables Market – By Product

By product, Saudi Arabia medical disposables market is bifurcated into Wound Management and Drug Delivery segments.

Saudi Arabia Medical Disposables Market – By Raw Material

Based on technology, Saudi Arabia medical disposables market is split into Plastic Resin and Nonwoven Material segments. The plastic resin segment holds a higher market share in the medical disposables market, and it is expected to grow considerably in the future. Plastics are used for disposable medical devices as they are clear, cost-effective, and biocompatible. They are resistant to corrosion and shattering, making them ideal for medical devices. Plastic devices can be sterilized and recycled, making them an environmentally friendly solution for medical uses. Companies in Saudi Arabia are developing new products and materials to enhance their competitiveness. The nonwoven material segment is expected to have the fastest growth rate as it is cheap, light, easy to recycle, and offers better protection against hospital-acquired illnesses and surgical-site infections. The COVID-19 outbreak has led to a surge in demand for nonwoven face masks, which has increased the demand for nonwoven textiles.

Saudi Arabia Medical Disposables Market – By End User

Based on end user, Saudi Arabia medical disposables market is divided into Hospitals, Home Healthcare, and Outpatient/Primary Care Facilities segments. In 2022, the hospitals segment dominated the medical disposables market in Saudi Arabia, holding the highest revenue share and are expected to experience significant growth during the forecast period. Medical disposables are essential in hospitals as they save time and reduce healthcare-related expenses. The increase in patient admissions for surgeries and COVID-19 treatments has driven this segment's growth. Saudi Arabia has a total of 494 hospitals providing 75,225 beds, with a projected need for an additional 5,000 beds by the end of 2023 and 20,000 beds by 2035. The home healthcare segment is also expected to see rapid growth as disposable medical products like needles, syringes, and gloves are used in the home healthcare sector. Government initiatives to reduce hospital readmission costs and travel are likely to drive segment growth. Additionally, the surge in the geriatric population will drive demand for home healthcare services.

Competitive Landscape

Major players operating in Saudi Arabia medical disposables market include SABIC, Medical Disposable Manufacturing Company (MDM), ACTEST Ltd., Al Shidani Middle East L.L.C, Smith & Nephew PLC, Bayer AG, Becton Dickson and Company, 3M, Johnson & Johnson, Abbott, and Medtronic. 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

• Wound Management

• Drug Delivery

By Raw Material

• Plastic Resin

• Nonwoven Material

By End User

• Hospitals

• Home Healthcare

• Outpatient/Primary Care Facilities

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Medical Disposables Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. The growing population and increasing incidence of chronic diseases in Saudi Arabia
         2. The rise in healthcare spending by the Saudi Arabian government
      2. Restraints
         1. High cost of medical disposables may limit their adoption
      3. Opportunities
         1. Innovations and Product Developments by The Market Players
      4. Challenges
         1. The challenge of meeting regulatory requirements and complying with different standards and requirements
   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 Disposables Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Billion)
      2. Market Share and Forecast
      3. By Product
         1. Wound Management
         2. Drug Delivery
         3. Others
      4. By Raw Material
         1. Plastic Resin
         2. Nonwoven Material
         3. Others
      5. By End User
         1. Hospitals
         2. Home Healthcare
         3. Outpatient/Primary Care Facilities
         4. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Saudi Arabia Medical Disposables 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 Disposables Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. SABIC
   2. Medical Disposable Manufacturing Company (MDM)
   3. ACTEST Ltd.
   4. Al Shidani Middle East L.L.C
   5. Smith & Nephew PLC
   6. Bayer AG
   7. Becton Dickson and Company
   8. 3M
   9. Johnson & Johnson
   10. Abbott
   11. Medtronic
   12. 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 Region
   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 Disposables Segmentation

Figure 2       Saudi Arabia Medical Disposables Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Saudi Arabia Medical Disposables Market Size, By Value (USD Billion), 2019–2029

Figure 5       Saudi Arabia Medical Disposables Market Share, By Product, By Value, 2019–2029

Figure 6       Saudi Arabia Medical Disposables Market Share, By Raw Material, By Value, 2019–2029

Figure 7       Saudi Arabia Medical Disposables Market Share, By End User, By Value, 2019–2029

List of Tables

Table 1        Saudi Arabia Medical Disposables Market Size, By Value (USD Billion), 2019–2029

Table 2        Saudi Arabia Medical Disposables Market Size, By Product, By Value, 2019–2029

Table 3        Saudi Arabia Medical Disposables Market Size, By Raw Material, By Value, 2019–2029

Table 4        Saudi Arabia Medical Disposables Market Size, By End User, By Value, 2019–2029

Table 5        SABIC Company Overview

Table 6        SABIC Financial Overview

Table 7        Medical Disposable Manufacturing Company (MDM) Company Overview

Table 8        Medical Disposable Manufacturing Company (MDM) Financial Overview

Table 9        ACTEST Ltd. Company Overview

Table 10      ACTEST Ltd. Financial Overview

Table 11      Al Shidani Middle East L.L.C Company Overview

Table 12      Al Shidani Middle East L.L.C Financial Overview

Table 13      Smith & Nephew PLC Company Overview

Table 14      Smith & Nephew PLC Financial Overview

Table 15      Bayer AG Company Overview

Table 16      Bayer AG Financial Overview

Table 17      Becton Dickson and Company Overview

Table 18      Becton Dickson and Company Financial Overview

Table 19      3M Company Overview

Table 20      3M Financial Overview

Table 21      Johnson & Johnson Company Overview

Table 22      Johnson & Johnson Financial Overview

Table 23      Abbott Company Overview

Table 24      Abbott Financial Overview

Table 25      Medtronic Company Overview

Table 26      Medtronic Financial Overview