Top Industry Leaders in the Saudi Arabia Medical Devices Market
Latest Saudi Arabia Medical Devices Companies Update
Siemens Healthineers expands footprint: The German healthcare giant signed a Memorandum of Understanding (MoU) with the Saudi Ministry of Health to establish a regional headquarters and manufacturing facility in the Kingdom. This move signifies Siemens' commitment to the growing Saudi market and its potential for future growth.
Philips strengthens its presence: Philips Healthcare partnered with the Saudi company Elm to establish a joint venture focused on manufacturing and distributing medical devices locally. This collaboration aims to improve access to high-quality healthcare technologies within the Kingdom.
GE Healthcare invests in innovation opened its first Healthcare Innovation Hub in Riyadh, showcasing its latest medical technologies and collaborating with local partners on research and development initiatives. This initiative fosters innovation and knowledge exchange within the Saudi healthcare ecosystem.
Saudi Arabia is witnessing the rise of several promising medical device startups developing innovative solutions for regional healthcare needs. For example, Naju Technologies focuses on developing affordable and accessible point-of-care diagnostic devices, while Ibdaa Medical is creating AI-powered healthcare solutions for chronic disease management.
List of Saudi Arabia Medical Devices Key Companies in the Market
- Sadara Chemical Company
- SABIC
- Johnson & Johnson
- General Electric
- Fresenius Medical Care Ag & Co
- Baxter International
- Jofo Nonwovens Co
- Careon Healthcare Solutions
- Boston Scientific Corporation