Saudi Arabia Minimally Invasive Surgery Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Saudi Arabia Minimally Invasive Surgery Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Saudi Arabia's minimally invasive surgery devices market is believed to witness a CAGR of around 6.2% over the forecast period.

COVID-19 has significantly impacted Saudi Arabia’s surgical procedures due to consistent lockdowns and decreased outpatient department (OPD) visits. For instance, according to the study published in the Asian Journal of Urology, titled 'Impact of COVID-19 on endourology surgical practice in Saudi Arabia: A national multicenter study' in October 2021, the number of OPD visits in April 2020 was 1,512, down 78.6% from April 2019, with 1,373 (90.8%) of those being teleclinics. When comparing the first quarter of 2020 to the first quarter of 2019, the number of elective procedures declined by 34.3% (from 3025 to 1988). In April 2020, there were 120 elective procedures, down 84.1% from April 2019. This has resulted in a decline in the adoption of endoscopy devices in this region, impacting the market growth.

The growing burden of gastroenterology diseases, rapid technological advancements, and adoption of key strategies, such as agreement, investment, partnerships, and awareness campaigns, is expected to drive the market studied. According to the study “Prevalence and severity of dyspepsia in Saudi Arabia: A survey-based study” published in July 2020, 92% of the study population were found to experience dyspepsia. It is a non-ulcer stomach pain but is considered a symptom of a stomach ulcer. Thus, the high prevalence of dyspepsia in the country boosts the screening for stomach ulcers, increasing the demand for diagnostic imaging equipment and driving the market. The study “Irritable Bowel Syndrome: Prevalence and Risk Factors in Jazan Region, Saudi Arabia”, published in June 2021, stated that the prevalence of overall irritable bowel syndrome (IBS) was16%. Women had a higher incidence of IBS than men (55.3% and 44.7%, respectively). Hence, with the above-mentioned factors, the market studied is expected to witness strong growth in Saudi Arabia.

However, a shortage of experienced professionals is believed to hinder the market growth over the forecast period.

Key Market TrendsEndoscopic Devices are Expected to Witness Strong Growth Over the Forecast Period

Endoscopy is used in medicine to look inside the body. The endoscopy procedure uses an endoscope to examine the interior of a hollow organ or cavity of the body.

According to the study published in Oral Maxillofacial Surgery in August 2022, entitled “Minimally invasive genioplasty: an observational study” in Saudi Arabia, the minimally invasive genioplasty technique is a promising approach to performing a chin osteotomy and should be used instead of the traditional genioplasty procedure. Thus, the growing trend of minimally invasive surgeries in Saudi Arabia for different surgical procedures is anticipated to boost market growth over the forecast period. Additionally, according to the study titled “Minimally Invasive Endoscopic and Surgical Management of Rectal Neoplasia,” published in the MDPI Journal in February 2022, for advanced cancers, minimally invasive surgical procedures such as laparoscopic or robotic surgery are favored. Transanal minimally invasive surgery (TAMIS) is a technique for performing single-port laparoscopic surgery through the open anal sphincter complex to excise low- to mid-rectal malignancies locally. Thus, the evolution of various minimally invasive endoscopic procedures in Saudi Arabia expands the market growth over the forecast period.

Furthermore, according to the above source, in Saudi Arabia, Minimally Invasive Surgeries (MIS) comprising surgical approaches, including laparoscopic surgery, endoscopic surgery, and robotic-assisted surgery, have varied advantages, such as reduced postoperative pain, shorter hospital stay, faster recovery time, and reduced learning curve for surgical trainees. Such advantages of minimally invasive surgeries with endoscopes will lead to its increased adoption driving the market growth over the forecast period.

Thus, owing to the abovementioned factors, the market is expected to show growth over the forecast period.

Competitive Landscape

The market for minimally invasive surgery devices in Saudi Arabia is moderately competitive with the presence of global as well as local companies. Some of the key players in the market include Abbott Laboratories, GE Healthcare, Intuitive Surgical Inc., Koninklijke Philips NV, Medtronic PLC, and Olympus Corporation, among others.

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