The largest device market in the GCC, now paying suppliers to localise. Sized from published research with a GCC and India lens, for buyers, suppliers and investors.
The largest device market in the GCC, now paying suppliers to localise. Published estimates normalised to 2025 range from USD 2.7 bn to USD 6.5 bn; the Consulting Wallah central estimate is USD 5.2 bn, growing at about 5% a year to USD 7.5 bn by 2032. Scope differences between publishers explain most of the spread — the comparison table below states each one.
Growth is driven by vision 2030 healthcare infrastructure: >USD 65 bn planned incl. 21 health clusters; SAR 260 bn health & social budget in 2025; rising chronic disease burden (18.95% of adults 15+ with a chronic disease, GASTAT 2024; NCDs ~35% of deaths); centralised public procurement through NUPCO framework agreements (direct tender ~75% of channel).
Context that matters for buyers and suppliers: Saudi Arabia imports nearly 90% of its medical device requirements. NUPCO serves >500 public hospitals/health centres; supplied 7,919 medical items to 47 government health agencies in a year; national factories' share of NUPCO procurement 17.6%. SFDA MDMA registration required for all classes A-D via GHAD system; technical-file (MDMA 2) pathway since Jan 2022; ISO 13485 required for local suppliers. Made in Saudi requires 40% local value-add; local content mandatory in NUPCO tenders; contracts <= SAR 1 mn exempt from local-content preference.
The chart shows the Consulting Wallah central estimate: published figures normalised to 2025, median taken, and projected at the median published growth rate. The published range for 2025 is USD 2.7 bn–USD 6.5 bn; differences are mostly scope.
| Publisher (date) | Base value | Forecast | CAGR |
|---|---|---|---|
| P&S Market Research (2025-10) — country / all medical devices; 2026 est. USD 6.8 bn | USD 6.5 bn (2025) | USD 9.1 bn (2032) | 5.0% (2026-2032) |
| TechSci Research (2026) — country / medical devices (narrower scope than P&S) | USD 2.71 bn (2025) | USD 3.79 bn (2031) | 5.75% (2026-2031) |
| Meticulous Research (2024-11) — country / medical devices; base value not disclosed in press | None (2025) | USD 3.28 bn (2032) | 5% (2025-2032) |
| MedDeviceGuide (NUPCO procurement) (2026-04) — country / public-sector procurement (pharma + devices) via N | SAR 25 bn (~USD 6.7 bn) annual NUPCO procurement; government tender market SAR 21 bn (~USD 5.6 bn) (2025) | — () | — |
| Consulting Wallah central estimate | USD 5.2 bn (2025) | USD 7.5 bn (2032) | ~5% |
Source: Publisher pages as listed under Sources; CW estimate as described in Method.
Included: capital equipment, implants, single-use consumables and IVD instruments and reagents. Excluded: pharmaceuticals, hospital IT, commodity PPE where reported separately. Publishers differ on whether IVD and consumables are included.
Shares as reported by the named sources; ranking is more reliable than the exact percentage.
| Segment | Share | Note | |
|---|---|---|---|
| Hospitals & ASCs | 70% | largest end user | |
| Home healthcare settings | 5.4% | fastest-growing end user |
Source: P&S Market Research, Oct 2025
| Segment | Share | Note | |
|---|---|---|---|
| Direct tender / institutional sales | 75% | NUPCO-led central procurement | |
| E-commerce | 5.3% | fastest-growing channel |
Source: P&S Market Research, Oct 2025
| Segment | Share | Note | |
|---|---|---|---|
| Riyadh | 35% | largest region | |
| Eastern Province | 5.1% | fastest-growing province |
Source: P&S Market Research, Oct 2025
| Axis | Segment | Figure | Note |
|---|---|---|---|
| Product / application (2025) | Diagnostic devices | largest product category | no % given |
| Product / application (2025) | Cardiology | largest clinical subspecialty | Orthopedics fastest at 5.2% CAGR |
| Product / application (2025) | Monitoring devices | largest product (Meticulous) | Diagnostic imaging largest application; low-risk devices largest risk class |
Source: As listed under Sources.
| Country / region | Figure | Year | Source |
|---|---|---|---|
| Saudi Arabia share of GCC healthcare spending | 60% | 2025 | US International Trade Administration via Meticulous / P&S |
| Saudi health & social development budget | SAR 260 bn (USD 69 bn) | 2025 | P&S Market Research |
| Saudi healthcare allocation | SAR 214 bn (~USD 57.1 bn) | 2024 | ITA via TechSci Research |
| NUPCO annual procurement | > SAR 25 bn (~USD 6.7 bn) | 2026 | MedDeviceGuide |
| Healthcare deals signed at Global Health Exhibition Riyadh | USD 35.5 bn | 2025 | TechSci Research |
Source: Sources as named; see Sources and method.
Consulting Wallah works this market from both sides: hospital groups in the UAE, Saudi Arabia, India and Bangladesh as buyers, and manufacturers in India, China, Singapore, Malaysia and the US as suppliers through the Network. Our observation is that registration status, in-country stock and structured quotations decide access in the GCC, while price and distributor reach decide it in India. CW observation
Opportunities we see: localisation: Invest Saudi projects device localisation adds SAR 1.7 bn to GDP and ~7,300 jobs by 2030; made in Saudi programme (40% local value-add) and NUPCO local-content preferences favour local assembly/JV partners; aI and digital health investment >SAR 13.3 bn; SFDA MDS-G010 guidance on AI/ML devices.
| Date | Development | Source |
|---|---|---|
| 2025-10 | Philips unveiled AI-powered CT 5300 and AI echocardiography at Global Health Exhibition, Riyadh | TechSci Research |
| 2025-10 | NUPCO signed MoU with Grupo Elfa (Brazil) | MedDeviceGuide |
| 2025-07 | SFDA Pharmacoeconomic Guideline v1.1 effective 1 July 2025 | MedDeviceGuide |
| 2025-04 | MoH inaugurated healthcare projects worth >SAR 1.8 bn | P&S Market Research |
| 2025-01 | NUPCO launched digital healthcare marketplace (Q1 2025) | MedDeviceGuide |
| 2025-01 | Scientific & Medical Equipment House signed distribution deal with Haier Germany for OR equipment | P&S Market Research |
Source: Company and press announcements as named.
Key companies named across the sources; local distributors and implementation partners matter as much as the brand in the GCC and India.
Published estimates normalised to 2025 range from USD 2.7 bn to USD 6.5 bn. Consulting Wallah’s central estimate is USD 5.2 bn in 2025, rising to about USD 7.5 bn by 2032.
Published CAGRs range from 5% to 5.75%; our central case is about 5% a year to 2032.
Medtronic, Johnson & Johnson MedTech, GE HealthCare, Siemens Healthineers, Philips, Abbott, Boston Scientific, Baxter among others.
The summary on this page is free to read and share with attribution. The full report is free for hospital leaders and registered Consulting Wallah Network members, and priced on request for others.
The full report (PDF, 40 pages) adds the GCC and India deep-dives, hospital-level benchmarks from the Consulting Wallah Network and the full source tables. Free for hospital leaders and registered network members; otherwise priced on request.
How to read these figures. Published market-size estimates for this market vary widely because publishers define scope differently (software only vs software + services + logistics). Where we show a Consulting Wallah estimate we state the range of published figures it is triangulated from and our scope. Figures marked as reported are quoted from the named source. Nothing here is investment advice.