Saudi Arabia Medical Equipment Maintenance Market Size & Outlook, 2025-2033
Saudi Arabia Medical Equipment Maintenance Market Size
According to Straits Research analysis, the Saudi Arabia Medical Equipment Maintenance Market was valued at USD 346.62 Million in 2024 and is projected to reach USD 656.56 Million by 2033, expanding at a CAGR of 7.2% during the forecast period. This surge is fueled by factors such as the increased demand from the healthcare industry due to the rising prevalence of chronic diseases, advanced medical technologies adoption, and the necessity for regular maintenance of medical devices. Further, the sector's growth is propelled by the government's emphasis on healthcare advancement. The market is witnessing emerging trends like adoption of AI in equipment maintenance, asset management, and remote monitoring. Additionally, the potential of medical tourism in Saudi Arabia is set to provide new avenues for the market. As Saudi Arabia further diversifies its economy under Vision 2030, the nation emerges as a global player in the medical equipment maintenance sector.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Medical Equipment Maintenance Market Highlights
- In 2024, Corrective Maintenance accounted for the highest share of the Service Type market size.
- During the forecast period, Preventive Maintenance is set to register the highest growth, making it the most lucrative Service Type segment.
- Saudi Arabia accounted for 0.82% of the global medical equipment maintenance market size in 2024.
- By 2033, United States is expected to remain the top global market in terms of size.
- Within Middle East And Africa, Rest of MEA is forecasted to dominate the regional medical equipment maintenance market size by 2033.
- South Africa will be the fastest-growing market in Middle East And Africa, projected to achieve USD 5913 Million by 2033.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 346.62 Million |
| Market Size In 2033 | USD 656.56 Million |
| Largest segment | Corrective Maintenance |
| Fastest segment | Preventive Maintenance |
| Units | Revenue in USD Million |
| CAGR | 7.2% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Service Type |
|
| Service Provider |
|
| Device Type |
|
| End-User |
|
Saudi Arabia Medical Equipment Maintenance Market By Service Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Medical Equipment Maintenance Market By Service Provider 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Medical Equipment Maintenance Market By Device Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Medical Equipment Maintenance Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
