Saudi Arabia Medical Disposables Market to grow with a CAGR of 9.56% through 2029
Increasing
healthcare infrastructure and a supportive regulatory environment are the major
drivers for the Saudi Arabia Medical Disposables Market.
According
to TechSci Research report, “Saudi Arabia Medical Disposables Market Industry
Size, Share, Trends, Competition, Opportunity and Forecast, 2019-2029”, Saudi Arabia Medical
Disposables Market was valued at USD 2.45 billion in 2023 and is anticipated to
witness an impressive growth in the forecast period with a CAGR of 9.56%
through 2029. This can be due to collaborations and partnerships among leading
companies with a diverse approach to merge the expertise of individual
companies and to strengthen their position in the market. Population growth and
aging are significant drivers of the demand for medical disposables. These
demographic factors have a substantial impact on healthcare needs and
contribute to increased demand for various medical disposable products. A
growing population means more individuals requiring healthcare services,
including routine check-ups, surgeries, and long-term care. This results in
higher consumption of medical disposables used in these services. As the
population grows, there is a greater emphasis on preventive healthcare
measures. Medical disposables like gloves, syringes, and diagnostic tests are
used in health screenings, vaccinations, and preventive care. An aging
demographic often requires more medical attention due to the increased
prevalence of chronic conditions and age-related health issues. This leads to a
higher demand for medical disposables for both diagnosis and treatment. With an
aging population, the incidence of chronic diseases such as diabetes,
cardiovascular diseases, and arthritis increases. The management of these
conditions often involves the use of medical disposables, including insulin
syringes, catheters, and wound care products.
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In October 2020, SABIC and Fibertex Personal
Care have joined forces to develop a line of nonwoven materials utilizing
high-purity recycled plastics sourced from SABIC's Trucircle portfolio and
services. These materials will be produced from SABIC's circular polypropylene,
which is derived from previously used plastics and holds certification under
the International Sustainability & Carbon Certification (ISCC) PLUS system.
This collaboration is viewed by both partners as a significant stride towards
establishing a more sustainable supply chain and enhancing the recyclability of
nonwovens used in hygiene products. Additionally, there are prospects for
integrating this technology into eco-friendly packaging for skincare and
topical products. SABIC's certified circular polypropylene, featured in its
Purecares portfolio for personal hygiene applications introduced in early 2020,
is derived from post-consumer mixed plastics that are broken down into their
molecular components and then re-polymerized to produce virgin plastics. These
innovative materials can serve as seamless solutions that meet the strict
purity and consumer safety standards required in various industrial
applications.
Quality
control and product safety are critical concerns in the Saudi Arabia Medical
Disposables Market, and ensuring high standards in these areas can indeed be a
significant challenge. The medical disposables industry is subject to stringent
regulatory standards and requirements to ensure patient and healthcare worker
safety. Ensuring compliance with these regulations and keeping up with evolving
standards can be challenging. The medical disposables market encompasses a wide
range of products, from surgical gloves and masks to complex medical devices.
Ensuring the quality and safety of each product type can be demanding. The
global supply chain for medical disposables can be complex, with multiple
components and raw materials sourced from various suppliers and countries.
Ensuring the quality of inputs and the safety of the final product throughout
this supply chain can be challenging. The presence of counterfeit and
substandard medical disposables in the market poses a significant risk to
patient safety. Ensuring the authenticity and quality of products is an ongoing
challenge. Maintaining consistent product quality across production batches can
be challenging, especially for large-scale manufacturers. Variability in
product quality can have serious consequences in healthcare settings. In the
event of a quality issue or safety concern, managing product recalls and
ensuring that affected products are removed from the market can be complex and
costly.
Saudi Arabia Medical Disposables Market is
segmented based on Product, Raw Material, End User, and by Region.
Based
on the Product, Saudi Arabia Medical Disposables Market is segmented into Disposable
Masks, Hand Sanitizers, Wound Management Products, Drug Delivery Products,
Diagnostic and Laboratory, Sterilization Supplies, Others. Wound management products are a category of medical
disposables specifically designed to assess, treat, and promote the healing of
various types of wounds, including cuts, abrasions, surgical incisions, burns,
and chronic ulcers. These products are essential in the field of healthcare to
ensure the proper care and hygiene of wounds. These are disposable items used
by healthcare professionals to evaluate the condition of a wound. They include
sterile rulers, wound measurement grids, and transparent films. These tools
help measure wound size, depth, and characteristics, which is crucial for
tracking the healing progress. Wound dressings are one of the most common wound
management products. They come in various forms, including adhesive bandages,
gauze, non-adherent dressings, and hydrocolloid dressings. These disposables
are applied directly to wounds to protect them from infection, promote healing,
and absorb excess exudate (fluid). Adhesive tapes and bandages are used to
secure wound dressings in place. They are often designed to be hypoallergenic,
ensuring they do not irritate the skin. Some are perforated to allow for
breathability, which is essential for wound healing.
In 2023, the Saudi Arabia Medical Disposables
Market largest share was held by Hospitals segment in the forecast period and is predicted
to continue expanding over the coming years. Hospitals in Saudi Arabia cater to a significant portion of
the population and handle a large patient volume. They provide a wide range of
medical services, including surgical procedures, diagnostic tests, and
long-term care. As a result, they require a substantial quantity of medical
disposables, such as surgical gloves, gowns, syringes, and wound care products.
Hospitals are comprehensive healthcare institutions that offer a wide variety
of medical services, from emergency care to specialized surgeries. Each of
these services involves the use of different types of medical disposables,
contributing to a high demand for such products. Hospitals are the primary facilities
for performing surgical procedures. Surgical departments and operating rooms
require a wide array of single-use medical disposables, including surgical
drapes, masks, and sterile instruments, which significantly contribute to the
market's size. Infection control is of paramount importance in hospital
settings. To maintain high hygiene standards and reduce the risk of
healthcare-associated infections, hospitals regularly use disposable items,
such as gowns, gloves, and masks. Hospitals often provide specialized care,
including intensive care units (ICUs), neonatal care, and oncology units. These
specialized units have specific requirements for medical disposables tailored
to the needs of patients, contributing to the diversity of products used.
Hospitals are equipped to handle emergencies and trauma cases. This involves
the use of various disposable medical items for wound care, IV administration,
and respiratory support.
Some of the major companies
operating in the Saudi Arabia Medical
Disposables Market include:
- 3M
Saudi Arabia
- SABIC
- Al
Shidani Middle East LLC
- Abbott
Saudi Arabia,
- Smith
+ Nephew USD Ltd.,
- Becton,
Dickinson, and Company (Saudi Arabia)
- Johnson
& Johnson Medical Saudi Arabia Limited
- Medtronic
Saudi Arabia LLC
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“The Saudi Arabia Medical
Disposables Market is experiencing significant growth driven by several
factors. The rise in chronic diseases, coupled with a growing aging population,
fuels the demand for medical disposables like syringes, gloves, and surgical
instruments. Additionally, the government's initiatives to enhance healthcare
infrastructure and services further boost market expansion. However, the market
also faces challenges such as stringent regulatory requirements and the need
for substantial investments in research and development. Despite these hurdles,
innovative trends like the adoption of eco-friendly disposables and
advancements in materials technology offer promising opportunities for
businesses. Companies operating in this sector must navigate these dynamics
strategically to capitalize on the market's potential for growth and
sustainability.," said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
Saudi Arabia Medical Disposables Market
by Product (Disposable Masks, Hand Sanitizers, Wound Management Products, Drug
Delivery Products, Diagnostic and Laboratory, Sterilization Supplies, Others),
By Raw Material (Plastic Resin, Nonwoven Material, Rubber, Others), By End User
(Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, Others), By Region, By Competition
Forecast & Opportunities, 2019-2029F has evaluated the future growth
potential of Saudi Arabia Medical Disposables Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide innovative market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Saudi Arabia Medical Disposables Market.
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