Posts

Showing posts with the label Saudi Arabia Medical Device Market

Saudi Arabia Medical Device Market outlook 2019-2026

Image
  Saudi Arabia Medical Device Market The Saudi Arabia Medical Device Market is expected to expand at a robust CAGR over the forecast period (2019-2026). The factors driving the growth of Saudi Arabia Medical Device Market includes increasing number of chronic diseases such as Diabetes, obesity and cardiovascular diseases and increasing application of medical devices in screening and testing patients. According to the report published by World Health Organization (WHO), Saudi Arabia ranks in 7 th in the world for the rates of diabetes, around 7 million people in Saudi Arabia are prone to diabetes, which is expected to boost the Saudi Arabia Medical Device Market size in the coming years. Moreover, the increasing Government’s expenditure on improving the healthcare facilities, rising geriatric population, growing adoption of 3D imaging for orthopedic treatments, are some of the additional factors supplementing the market growth in Saudi Arabia. As per Sovereign Group, the Governme...