Saudi Arabia Respiratory Devices Market

The Saudi Arabia respiratory devices market size is expected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rapidly growing geriatric population with rising prevalence of chronic diseases, and increasing respiratory infections.

A respiratory device is medical equipment that helps patients with respiratory problems that cannot get enough oxygen to stay alive. These devices are used for the treatment of respiratory diseases such as chronic obstructive pulmonary disease, asthma, and tuberculosis. This equipment is for patients with respiratory and chronic diseases.

Market Trends, Drivers, Restraints, and Opportunities

• Increasing geriatric population and rising cases of respiratory diseases due to high prevalence of pollution, smoking, and rising urbanization is anticipated to boost the market during the forecast period.
• Rapid growth of the healthcare industry with adoption of advanced technologies for respiratory disease treatments and rising disposable income is major factors fueling the market.
• Rising cases of covid-19 and its declaration as pandemic has directly created the demand for ventilators mask and other respiratory devices, which is expected to drive the market.
• High cost of treatment and lack of reimbursement policies by government is projected to hamper the market growth.
• Lack of awareness among the undiagnosed patients about its harmful effects and lack of availability of resources act as major challenges that restrict the market growth during the forecast period.

Scope of Respiratory Devices Market Report

The report on the Saudi Arabia respiratory devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Respiratory Devices Market Segment Insights

The spirometers segment is projected to represent a major market share

Based on types, the Saudi Arabia respiratory devices market is divided into disposables, therapeutic devices, and diagnostic & monitoring devices. The diagnostic & monitoring segment is further segregated into spirometers, capnographs, peak flow meters, pulse oximeters, sleep test devices, and others.

The spirometers segment is expected to represent a key share of the market during the forecast period owing to increasing respiratory diseases such as asthma, bronchitis, and COPD in hospitals and homes across the country. In addition, major advances in spirometer include the development of small hand-held spirometers and the increasing accuracy and acceptance, which are expected to drive market during the forecast period.

The therapeutic device segment is further segregated into humidifiers, continuous positive airway pressure devices, bi-positive airway pressure devices, oxygen concentrators, nebulizers, humidifiers, ventilators, inhalers, and others. The inhalers segment is expected to expand at a high CAGR during the forecast period. It is wide use to treat severe respiratory diseases.

There are several inhalers that are widely used to treat various diseases, including asthma and chronic obstructive pulmonary disease (COPD). Some common types of inhalers are metered-dose inhalers, dry powder inhalers. Appropriate inhaler training is very important to ensure that the inhaled medicine is delivered to the lungs correctly.

The disposables segment is sub-segmented into masks, breathing circuits, and others. The masks segment is projected to expand at a rapid pace during the forecast period owing to increased environmental pollution, industrialization, and the impact of COVID19. The masks are used every day, due to unprecedented spread of coronavirus, to prevent the spread of bacteria, and reduce the possibility of infection & exposure to environmental toxins.

The air quality in Saudi Arabia is considered unsafe which increase the demand for masks on a regular basis. The Saudi government restricts the export of masks to meet domestic demand by increasing production.

Segments

The Saudi Arabia respiratory devices market has been segmented on the basis of

Types

• Diagnostic & Monitoring Devices
  • Spirometers
  • Capnographs
  • Peak Flow Meters
  • Pulse Oximeters
  • Sleep Test Devices
  • Others
• Therapeutic Devices
  • Continuous Positive Airway Pressure Devices
  • Bi-Positive Airway Pressure Devices
  • Humidifiers
  • Oxygen Concentrators
  • Nebulizers
  • Humidifiers
  • Ventilators
  • Inhalers
  • Others
• Disposables
  • Masks
  • Breathing Circuits
  • Others

Key Players

• Fisher & Paykel Healthcare Limited
• Koninklijke Philips NV
• GlaxoSmithKline PLC
• Dragerwerk AG
• GE Healthcare

Competitive Landscape

Key players competing in the market include Fisher & Paykel Healthcare Limited; Koninklijke Philips NV; GlaxoSmithKline PLC; Dragerwerk AG; and GE Healthcare. Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launch to increase their market shares.