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Market Highlights:A medical device is any instrument, appliance including any software, biologic or non-biologic material, to be used for the diagnostic or therapeutic use for management of diseases and disorders.
The market involves two segments one high-tech devices with extreme sophistication and another is the low tech improved devices.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/2801The high tech segment such as diagnostic imaging devices is witnessing higher rates of growth.
The low tech segment is also growing at a good rate but has witnessed growth in developing regions as the market for these in developed regions is stagnant.
The other market driving factors are rising public healthcare expenditure in Saudi Arabia, development of large hospitals such as King Faisal hospital in Riyadh, demand for noninvasive therapy etc.The market constraints are strict and ambiguous regulatory framework, growing concern for security especially data security, differential availability between developed and developing regions, connectivity issues in Saudi Arabia, the interference Sharia courts etc.Saudi Arabia Medical Devices Market:The Saudi Arabia Medical Devices market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future.
The falling crude oil revenues will be a future threat to the market.The major participants of this market are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter Internationa, Fresenius Medical Care AG & Co., Cardinal Health, Al-Salehiya Medical Estableshment, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Amin Medical Instruments Company (AMICO), Al Faisaliah Medical Systems (FMS), Siemens Ltd and others.Regional Analysis:The healthcare sector of Saudi Arabia is divided between private and state.
Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles.

