Hospitals Segment to Dominate the Saudi Arabia Medical Disposables Market till 2026
Increasing prevalence of air borne diseases and the rising demand for healthcare services is expected to drive the demand for Saudi Arabia Medical Disposables market in the forecast period.
According to TechSci Research report, “Saudi Arabia Medical Disposables Market By Product (Disposable Masks, Hand Sanitizers, Wound Management Products, Drug Delivery Products, Diagnostic and Laboratory, Sterilization Supplies, Others) By Raw Material (Plastic Resin, Nonwoven Material, Rubber, Others) By End Use (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, Others), By Region, Company Forecast & Opportunities, 2026”, The Saudi Arabia Medical Disposables market is expected to grow at a steady rate in the forecast period. The rise in the initiates adopted by the leading authorities to promote the healthcare sector and the presence of insurance policies that increases the affordability to patients are driving the growth of the medical disposables market.
The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Leading authorities of Saudi Arabia imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. The demand for medical disposables witnessed a considerable surge to provide protection or slow down the process of coronavirus spread by acting as a shield between an infected person and the other person. The concerned authorities eased the restrictions on the face mask and the respirator which negatively impacted the growth of the medical disposables market. Hand sanitizers, surgical gowns, goggles, test kits, face shields, and other protective equipment also were in high demand during this period to eliminate the presence of pathogens from the hands.
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Saudi Arabia Medical Disposables market is segmented into product, raw material, end use, regional distribution, and company. Based on raw material, the market can be divided into plastic resin, nonwoven material, rubber, and others. The nonwoven material segment is expected to witness the fastest incremental growth in the forecast period, 2022-2026 owing to its high demand from the healthcare sector. The nonwoven material is used for making different healthcare products including a face mask, drapes, aprons, surgical gowns, wound dressings, and other products. These products are used daily in healthcare facilities to provide treatment to patients.
The Nonwoven material is also used for making sanitary pads, tampons, sanitary towels, napkin liners, amongst other things which are in demand to maintain hygiene and ensure good health of the women. The Nonwoven material offers several benefits including low weight, affordable, simple manufacturing techniques, superior protection against infections and hospital-acquired diseases which is the major reason for their high demand in the healthcare facilities. Also, during the COVID-19 period, the demand for nonwoven material witnessed a significant surge to make face masks to contain the spread of novel coronavirus thereby accelerated the segment growth in this period.
Based on product, the market is divided into disposable masks, hand sanitizers, wound management products, drug delivery products, diagnostic and laboratory, sterilization supplies, and others. The disposable masks segment is expected to account for a major market share in the next five years owing to the rise in the industrialization process in Saudi Arabia in order to diversify the revenue-generating sources other than the oil industry. The rise in the pollution levels in the country along with the spread of novel coronavirus influenced the demand for medical disposables as they protect against germs and environmental toxins.
Medical Disposable Manufacturing Company (MDM), 3M Saudi Arabia, SABIC, Activities Medical Co., Al Shidani Middle East LLC, Abbott Saudi Arabia, Smith + Nephew USD Ltd., Becton, Dickinson and company Saudi Arabia, Johnson & Johnson Medical Saudi Arabia Limited, Medtronic Saudi Arabia LLC., among others are some of the leading players operating in Saudi Arabia Medical Disposables market. Companies operating in the market are using strategies such as joint ventures, product launches, mergers, and research collaborations to boost their share and increase their geographic reach.
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“An increase in the geriatric population and development of e-commerce channels supplying the medical emergency supplies and products are influencing the demand for medical disposables as they offer easy delivery and pick-up options, along with the facility for online payment which makes it more convenient for the consumers to buy through the online channels. Market players are investing in research and development activities to upgrade the existing infrastructure and invent new materials, technologies that would further enhance the performance and efficiency of the medical disposables are expected to propel the market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Medical Disposables Market By Product (Disposable Masks, Hand Sanitizers, Wound Management Products, Drug Delivery Products, Diagnostic and Laboratory, Sterilization Supplies, Others) By Raw Material (Plastic Resin, Nonwoven Material, Rubber, Others) By End Use (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, Others), By Region, Company Forecast & Opportunities, 2026”, has evaluated the future growth potential of Saudi Arabia Medical Disposables market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Medical Disposables market.
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