Saudi Arabia Wearable Medical Devices Market By Type (Diagnostics v/s Therapeutic), By Products (Activity Monitors/Trackers, Smartwatches, Patches, Smart Clothing), By Purpose (Heart Rate, Physical Activities, Blood Oxygen Saturation, Body Temperature, Others), By Site (Strap/Clip/Bracelet, Handheld, Headband, Shoe Sensors, Others), By Application (General Health & Fitness, Remote Patient Monitoring, Home Healthcare), By Distribution Channel (Pharmacies, E-Commerce, Others) By Region, Competition Forecast & Opportunities, 2026

Saudi Arabia wearable medical devices market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2022-2026, on the account of increasing advances in the medical devices. Rapidly increasing chronic health concerns among the population due to rising number of infectious diseases & chronic diseases are further driving the growth of the Saudi Arabia wearable medical devices market in the upcoming five years. Wearable medical devices are the compact, technologically, advanced, and monitoring devices that the patients and consumers wear for various purposes like monitoring their health conditions, monitoring the functioning of newly installed organ inside the body, monitor the after surgery circumstances, etc.

Increasing Instances of Chronic Disease Drive Market Growth

Saudi Arabia is concerned with the increasing number of chronic diseases in the population that demands better healthcare facility and also drives the growth of the Saudi Arabia wearable medical devices market in the upcoming five years. Increasing number of chronic diseases demands for the surgeries and operations over the defective organ system, or the cells, tissue, and organs such that the effective treatment can be processed, and then wearable medical devices support the growth of the Saudi Arabia wearable medical devices market in the upcoming five years.

The children population of the country are getting infected and suffering from chronic disorders at a faster rate. Genetic abnormalities, increasing infectious instances, and environmental conditions are affecting children and increasing the instances of chronic infection and diseases among the population. Also, rapidly increasing geriatric population is further supporting the growth of the global wearable medical devices market in the next five years. Geriatric population is more susceptible to infectious and chronic diseases due to weak immunity system. Creating awareness among the population regarding increasing infection instances among young and old population is a major driving factor for the growth of the global wearable medical devices market in the next five years.

Demand for Better Healthcare Support Market Growth

Increasing demand for the better healthcare system in the country is further supporting the growth of the Saudi Arabia wearable medical devices market in the next five years. Moreover, the population is getting aware about the medical devices and wearable devices. Increased utilization of wearable medical devices for the various aspects like monitoring health conditions and vitals, tracking medications, and following the recovery of the post operation patients, and track sleep, the Saudi Arabia wearable medical devices market is anticipated to register future growth in the future five years.

Furthermore, Saudi Arabia has one of the well-established and free of cost healthcare services for its citizen. The insurances by private as well as governmental firms aids the support to the patient that require expensive wearable medical devices, thus supporting the growth of the Saudi Arabia wearable medical devices market in the forecast years, until 2026. The free of cost healthcare services are funded by public for about 75%, and other 25% comes out of pocket expenditures by the patient. Government of the country is consistently funding the healthcare industry through its annual budgets and special ailments are provided by royal investments from the royal family through special health programs, and healthcare projects.

Early & Effective Diagnosis Support Market Growth

Surging demand for the early diagnosis and effective treatment is also supporting the healthcare industry growth and indirectly supporting the growth of the Saudi Arabia wearable medical devices market in the future five years. The wearable medical devces monitor the fluctuations in the vitals and health conditions of the patient. Most importantly, in the case of patient suffering from conditions where continuous monitoring is required, and early diagnosis of the symptoms are required, the wearable medical devices are surging in demand, thus aiding the growth of the Saudi Arabia wearable medical devices market in the next five years.

Better healthcare investments enhance better research and development of the innovative medical devices, and equipment. Technologically advanced equipment and devices assure early and efficient diagnosis of the disease as well as enhanced biologics assure better treatment for the patient thus support the growth of the market in the future years.

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Market Segmentation

The Saudi Arabia wearable medical devices market segmentation is based on type, products, purpose, site, applications, distribution channel, competitional landscape, and regional distribution. Based on type, the market is divided between diagnostics, and therapeutics. On the basis of products, the market bifurcation involves, activity monitors/trackers, smartwatches, patches, and smart clothing.

Based on purpose, the market is also fragmented into heart rate, physical activities, blood oxygen saturation, body temperature, and others. On the basis of site, the market is bifurcated into strap/ clip/ bracelet, handheld, headband, shoe sensors, and others. Based on application, the market is segmented into general health & fitness, remote patient monitoring, and home healthcare.

On the basis of distribution channel, the market segmentation is categorized into pharmacies, e-commerce, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among western region, northern and central region, eastern region, southern region.

Company Profile

Philips Healthcare Saudi Arabia, Medtronic Saudi Arabia, Abbott Laboratories, Inc. (Saudi Arabia), GE Healthcare Saudi Arabia, Fitbit, Inc. (Saudi Arabia), Dexcom Saudi Arabia, Boston Scientific Corporation, among others is a partial list of major market players of the companies responsible for the growth of Saudi Arabia wearable medical devices market.

Report Scope:

In this report, Saudi Arabia wearable medical devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Wearable Medical Devices Market, By Type:

o   Diagnostics

o   Therapeutics

• Saudi Arabia Wearable Medical Devices Market, By Products:
• Activity Monitors/ Trackers
• Smartwatches
• Patches
• Smart Clothing
• Saudi Arabia Wearable Medical Devices Market, By Purpose:
• Heart Rate
• Physical Activities
• Blood Oxygen Saturation
• Body Temperature
• Others
• Saudi Arabia Wearable Medical Devices Market, By Site:
• Strap/Clip/Bracelet
• Handheld
• Headband
• Shoe Sensors
• Others
• Saudi Arabia Wearable Medical Devices Market, By Application:
• General Health & Fitness
• Remote Patient Monitoring
• Home Healthcare
• Saudi Arabia Wearable Medical Devices Market, By Distribution Channel:
• Pharmacies
• E-Commerce
• Others
• Saudi Arabia Wearable Medical Devices Market, By Region:
• Western Region
• Northern And Central Region
• Eastern Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia wearable medical devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).