The market is dominated by foreign suppliers, as imports account for 84.6% of total market size in 2022. Investments drive market demand, with investments representing 69.0% of total demand in 2022. Saudi Arabia has the second largest market size for medical and surgical equipment regionally, with demand reaching USD2.0 billion in 2022. Saudi Pharmaceutical Industries & Medical Appliances Corp is the largest company in Saudi Arabia, generating 37.5% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 52.1% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 13.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 42.7% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 2.2% of total production output. With production value of USD242 million, Saudi Arabia accounts for 3.1% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Medical and Surgical Equipment in Saudi Arabia: ISIC 3311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Medical and Surgical Equipment in Saudi Arabia: ISIC 3311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Pharmaceuticals and Medical Equipment is an aggregation of Pharmaceuticals, Medical and Surgical Equipment.
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