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Saudi Arabia Orthopedic & Physiotherapy Devices Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: February 2024 || SKU: MD7790
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180 pages
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Saudi Arabia Orthopedic & Physiotherapy Devices Market is Segmented  By Device Type (Orthopedic Devices (Hip Orthopedic Devices, Joint Reconstruction, Knee Orthopedic Devices, Spinal Implants, Orthopedic Braces, Trauma Fixation Devices, Dental Orthopedic Devices, Other), Physiotherapy Devices  (Exercise Balls, Hand Cycle, Pedal Exerciser, Ankle Weights, Wrist Weights , Others), By Fixation Type (Internal, External, Intramedullary fixation devices, Replacement Devices , Others), By End-User (Hospitals, Orthopedic Clinics, Physiotherapy Centers, Specialty Clinics, Other) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Saudi Arabia Orthopedic & Physiotherapy Devices Market Overview

Saudi Arabia Orthopedic & Physiotherapy Devices Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of YY% during the forecast period 2024-2031.

Orthopedic devices are used to support injured bone or replace missing joints or bone. For strength, titanium alloys and stainless steel are used in the fabrication of the devices, while the plastic coating serves as artificial cartilage. In orthopedic surgery, internal fixation is a procedure where injured bone is repaired with implants. 

Physiotherapy devices are useful for people who suffer from disabilities, those who are at risk of falls, and are recovering from injuries. they are specifically designed to help with muscle strength. flexibility of the joints. They are useful in maintaining balance, and coordination. 

 

Saudi Arabia Orthopedic & Physiotherapy Devices Market Scope

Metrics

Details

CAGR

YY%

Market Size 

2021-2030

Market Estimation Forecast Period

2023-2030

Revenue Units

Value (US$ Mn) 

Segments Covered

Device Type, Fixation Type, End-User

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

 

To Know More: Download Sample

 

Market Dynamics: Drivers & Restraints

Increasing demand for orthopedic and physiotherapy devices

The increase in the geriatric population and the availability of advanced devices or surgeries are expected to drive the market growth positively. The increasing number of orthopedic surgeries and also the increasing need for physiotherapy devices for rehabilitation, and post-surgical treatments are expected to drive the market growth.

For instance, in October 2023, Burjeel opened a network of advanced physiotherapy, rehabilitation as well as wellness centers in Saudi Arabia. This helps in the increase of demand for physiotherapy devices in the region. 

Additionally, in July 2023, HealTec was launched in Saudi Arabia and has become the first-ever prostheses manufacturing plant in the Kingdom of Saudi Arabia. The innovative facility will offer people in the Kingdom better access to prostheses and orthopedic equipment at a cheaper price and improved customization. Thus, increase in the demand for the devices is expected to drive market growth.

Restraint

Stringent regulatory hurdles and product recalls

The presence of strict regulatory approval factors is expected to hinder market growth. For local and foreign manufacturers, navigating Saudi Arabia's complicated medical device regulatory environment can be difficult. Extended approval procedures and strict specifications might impede product availability and postpone market launch.

Saudi Arabia Orthopedic & Physiotherapy Devices Market Segmentation

The Saudi Arabia orthopedic and physiotherapy devices market is segmented based on device type, fixation type and end-user.

Orthopedic devices segment accounted for 54.3% of the market share 

Orthopedic devices segment is expected to hold the dominant position in the market share due to the rising incidence of musculoskeletal disorders such as osteoarthritis, osteoporosis, and bone fractures.

For instance, according to the report by the Journal of Musculoskeletal Surgery and Research in 2023, it is estimated that individuals above 40 had an average reported prevalence of 67.8%. 

Additionally, according to the report by the NIH in 2023, it is estimated that 34% of healthy Saudi women and 30.7% of healthy Saudi men between 50 and 79 are osteoporotic. Thus, an increase in disease prevalence increases the demand for the orthopedic devices. 

COVID-19 Impact Analysis On Saudi Arabia Orthopedic & Physiotherapy Devices Market

The market has been greatly influenced by COVID-19. In the early stages, there were disruptions in the manufacturing and supply chains, and resources were diverted to treat COVID-19 patients instead of elective orthopedic surgery. As a result, fewer non-urgent orthopedic operations and devices were required. However, as healthcare systems adapted, there has been a gradual recovery.

Saudi Arabia Orthopedic & Physiotherapy Devices Market Competitive Landscape

The leading companies with a significant market share include Anaya Orthopedic Industries, Ebrahim Almana & Brothers Co., MEDTRONIC SAUDI ARABIA LLC., Johnson and Johnson Medical, Saudi Arabia Limited, Medax Saudi Arabia, Industrial Orthopedic Company and ELAFMed Ltd among others

Why Purchase the Report?

  • To visualize the Saudi Arabia orthopedic & physiotherapy devices market segmentation based on device type, fixation type and end-user as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of orthopedic & physiotherapy devices market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.

The Saudi Arabia orthopedic & physiotherapy devices market report would provide approximately 47 tables, 48 figures, and 176 Pages.

FAQ’s

  • Orthopedic devices segment holds highest & accounted for 54.3% of the market share.

  • Anaya Orthopedic Industries, Ebrahim Almana & Brothers Co., MEDTRONIC SAUDI ARABIA LLC., Johnson and Johnson Medical, Saudi Arabia Limited, Medax Saudi Arabia, Industrial Orthopedic Company and ELAFMed Ltd among others.
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