Saudi Arabia Diabetes Care Devices Market size, Growth & Forecast 2027
The Saudi Arabia Diabetes Care Devices Market is expected to grow at a robust CAGR over the forecast period (2020-2027). The factors driving growth of the Saudi Arabia Diabetes Care Devices Market includes increase in Government’s expenditure on enhancing the healthcare infrastructure, growing prevalence of diabetes, rising consumers inclination towards adopting healthy lifestyles and rapid urbanization. According to the report published by International Trade Administration (ITA), under the Vision 2030, the Government of Saudi Arabian Government is planning to invest more than USD 65 billion for developing country’s healthcare infrastructure and targets to privatize 290 hospitals, which will push the market growth in coming years. Moreover, growing adoption of advanced technologies by manufacturers, rising awareness about preventive diabetes care, increase in the launch of new products and improvements in the living standards, are some of the additional factors supplementing th...