Saudi Arabia Spinal Surgery Devices Market Size

Statistics for the 2023 & 2024 Saudi Arabia Spinal Surgery Devices market size, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Spinal Surgery Devices size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Saudi Arabia Spinal Surgery Devices Industry

CAGR
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.20 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Spinal Surgery Devices Market Analysis

The Saudi Arabia spinal surgery devices market is expected to register a CAGR of 3.2% over the forecast period, (2022-2027).

The outbreak of COVID-19 in the country has affected the spinal surgery devices market in many ways as it has limited the intensive care unit (ICU) beds and ventilation sites owing to the necessity of postponing elective and/or complex spinal surgeries. For instance, according to the study report titled 'The Saudi Spine Society guidelines on spinal surgery during the COVID-19 pandemic' published in June 2020, the Saudi Spine Society (SSS) Scientific Committee developed a basic protocol in 2020 in which the spine surgery candidates were categorized into category A (immediate), category B (urgent), and category C (elective). All the category A and B surgical procedures were carried out as usual, with only effect on category C (elective) which was strongly recommended to be postponed. Due to the postponement of surgeries the spinal surgery devices market had a negative impact. Also, the COVID-19 lockdown had a clear impact on the volume and mechanisms of injuries. For instance, as per the study in 2020 titled "The Impact of COVID-19 Lockdown on Injuries in Saudi Arabia: Results From a Level-I Trauma Center" published in July 2021, the ICU admissions were significantly reduced by 57% during the lockdown period in Saudi Arabia. Due to the decrease in the accidents and injuries during the lockdown period, the market was negatively impacted. However, the market is expected to gain traction over the coming years because of declining COVID-19 cases and the resumption of elective surgeries.

The factors such as increasing adoption of minimally invasive spinal surgeries and technological advancements in spinal surgeries are expected to positively impact the market in the forecast period. With recent developments like spinal navigation technology, newer minimally invasive techniques are expected to become available, enabling the integration of emerging technology in spinal surgery devices. Such advances will result in smaller incisions, less trauma to normal tissues, faster healing time, and quicker recovery. For instance, according to the Ministry of Health, Kingdom of Saudi Arabia, Health Activities report 2020, the total surgical interventions in Ministry of Health hospitals were reported as 3,98,188 out of which 6,709 cases are of neurosurgeries. This significant amount of surgical interventions will positively impact the spinal surgery devices market as majority of spinal surgery devices are used during the neurosurgery procedures.

However, the stringent regulatory process for new product approvals and expensive treatment and procedures are the major factors that may restrain the market's growth.

Saudi Arabia Spinal Surgery Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)