Saudi Arabia ENT Devices Market Analysis

Saudi Arabia ENT Devices Market Analysis


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Saudi Arabia's ENT Devices Market is projected to grow from $390 Mn in 2022 to $690 Mn by 2030, registering a CAGR of 7.3% during the forecast period of 2022-30. The rising prevalence of ENT disorders, such as hearing loss, sinusitis, and tonsillitis, is a major driver of the ENT device market. The market is highly competitive, with a large number of players operating in the space, ranging from small, specialized companies to large multinational corporations. The domestic key players in the Saudi Arabia ENT devices market include Al Danah Medical Company, Al Faisaliah Medical Systems, and Al Zahrawi Medical Supplies.

ID: IN10SAMD009 CATEGORY: Medical Devices GEOGRAPHY: Saudi Arabia AUTHOR: Dr. Vishwa Modhia

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Saudi Arabia ENT Devices Market Analysis Summary

Saudi Arabia's ENT Devices Market is projected to grow from $390 Mn in 2022 to $690 Mn by 2030, registering a CAGR of 7.3% during the forecast period of 2022-30.

The Gulf region's largest country is the Kingdom of Saudi Arabia. Saudi Arabia is a Middle Eastern country with a high revenue that borders the Persian Gulf and the Red Sea. Several ENT devices for the identification and treatment of these organs related to various disorders are available in the Saudi Arabian market. Hearing, smelling, and speaking deficiencies are detected and treated using ENT devices. The introduction of rechargeable consumer hearing aid systems offers various advantages over traditional hearing aid devices. Saudi Arabia's government spent 6.2% of its GDP on healthcare in 2020.

Saudi Arabia ENT Devices Market

Market Dynamics

Market Growth Drivers Analysis

The rising product demand from elderly citizens suffering from a variety of ENT-related diseases is moving the Saudi Arabia ENT devices market forward. The rising popularity of cosmetic ENT operations such as rhinoplasty (nose reshaping) and otoplasty (ear reshaping) drives market demand. Continuous technological advancement and minimally invasive techniques are also projected to drive market expansion. Continuous technical advancements in hearing aid devices, as well as the introduction of higher-performing hearing aids, are fueling the expansion of the Saudi Arabia ENT devices market. These aspects could boost Saudi Arabia's ENT Devices Market.

Market restraints

In rural places, there is limited access to specialized healthcare services including ENT specialists. Hearing aids and other ENT devices have limited insurance coverage, making them costly for many patients. The country has a high rate of consanguineous marriages, which raises the risk of congenital ENT diseases. These factors may deter new entrants into the Saudi Arabia ENT Devices Market.

Competitive Landscape

Key Players

  • Al Zahrawi Medical Supplies LLC: This is a leading medical supplies company that provides a wide range of medical devices, including ENT devices, in Saudi Arabia and other countries in the Middle East
  • Al Faisaliah Medical Systems (FMS): FMS is a Saudi Arabian company that provides a range of medical equipment and supplies, including ENT devices, to hospitals and clinics in Saudi Arabia and other countries
  • Al Danah Medical Company: Al Danah Medical Company is a Saudi Arabian company that specializes in providing medical equipment, supplies, and services to hospitals and clinics in the Kingdom of Saudi Arabia. They offer a range of ENT devices, including hearing aids, nasal splints, and ear tubes
  • MedGulf Medical Devices: MedGulf Medical Devices is a Saudi Arabian company that provides a range of medical devices, including ENT devices, to hospitals and clinics in Saudi Arabia and other countries in the region
  • Advanced Medical German Company (AMG): AMG is a Saudi Arabian company that provides a range of medical equipment and supplies, including ENT devices, to hospitals and clinics in Saudi Arabia and other countries in the Middle East

Recent Notable Updates

May 2023: AMICO Group, a UAE-based leader in the MENA region's healthcare specialty markets, is continuing its digital transformation journey with technology company SAP SE to improve customer experience and engagement through personalized, omnichannel solutions, increase agility, and enable future expansion plans. AMICO Group, founded in 1984 in Saudi Arabia, has emerged as the region's biggest medical device distributor.

Healthcare Policies and Reimbursement Scenarios

In Saudi Arabia, the regulation of medical devices, including ENT devices, is overseen by the Saudi Food and Drug Authority (SFDA). In the public sector, the coverage and reimbursement of ENT devices are determined by the Saudi Arabian Ministry of Health (MOH). The MOH provides coverage for ENT procedures and devices used in public hospitals and clinics, but specific policies and procedures for coverage and reimbursement can vary by region and institution.

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

ENT Device Market Segmentation

The ENT Device Market is segmented as mentioned below:

By Product Type (Revenue, USD Billion):

  • Diagnostic Devices
  • Surgical Devices
  • Hearing Aids
  • Hearing Implants
  • Co2 Lasers
  • Image-Guided Surgery Systems

By Diagnostic Devices (Revenue, USD Billion):

  • Endocsopes
  • Hearing Screening Devices

By Surgical Device (Revenue, USD Billion):

  • Powered Surgical Instruments
  • Radiofrequency (RF) Handpieces
  • Handheld Instruments
  • Balloon Sinus Dilation Devices
  • ENT Supplies
  • Ear Tubes
  • Voice Prosthesis Devices

By End Users (Revenue, USD Billion):

  • Hospitals and Ambulatory Settings
  • Home Use
  • ENT Clinics

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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Last updated on: 24 January 2024
Updated by: Dhruv Joshi

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