Kingdom of Saudi Arabia On Pump Surgeries Market 

On pump CABG is the more traditional method of performing bypass surgery. However its resultant inflammatory effects cause renal dysfunction, gastrointestinal distress and cardiac abnormalities which have forced the surgeons to look for alternatives to the procedure. On-pump surgeries market in the Kingdom of Saudi Arabia (KSA) refers to surgical procedures performed with the assistance of a heart-lung machine, which takes over the function of the heart and lungs during surgery. This market encompasses a range of cardiovascular surgeries, including coronary artery bypass grafting (CABG), valve replacements, and other complex heart surgeries.

As of 2023, the market size for on-pump surgeries in KSA is estimated at USD 200 million. The market is forecasted to reach approximately USD 350 million by 2030, with a compound annual growth rate (CAGR) of 7.5%.

Market Overview

KSA on-pump surgeries market is driven by the increasing prevalence of cardiovascular diseases (CVDs), growing geriatric population, advancements in surgical techniques, and enhanced healthcare infrastructure. The market is also benefiting from government initiatives to improve healthcare services and an increase in medical tourism. However, challenges such as high costs of surgeries and a shortage of skilled healthcare professionals may impede market growth.

Market Dynamics

Drivers

• Rising Prevalence of CVDs: The increasing incidence of heart diseases in KSA is a significant driver.
• Government Initiatives: Government efforts to enhance healthcare infrastructure and services.
• Technological Advancements: Innovations in surgical techniques and equipment.

Restraints

• High Cost of Surgeries: The expensive nature of on-pump surgeries can limit patient access.
• Shortage of Skilled Professionals: A lack of trained cardiac surgeons and support staff.

Challenges

• Regulatory Hurdles: Compliance with stringent healthcare regulations.
• Patient Awareness: Low awareness about advanced surgical options.

Opportunities

• Medical Tourism: Growing influx of international patients seeking high-quality cardiovascular care.
• Public-Private Partnerships: Collaborations to improve healthcare delivery and access.

Regulatory Overview

Healthcare sector in KSA is regulated by the Saudi Food and Drug Authority (SFDA) and the Ministry of Health (MOH). These bodies ensure compliance with international standards and regulations to maintain the quality and safety of medical procedures and devices. The KSA Vision 2030 initiative also plays a crucial role in driving regulatory reforms aimed at improving healthcare outcomes.

SWOT Analysis

Strengths

• Advanced healthcare infrastructure.
• Government support and investment.
• High-quality surgical equipment and technology.

Weakness

• High cost of surgeries.
• Limited availability of skilled professionals.

Opportunities

• Growing medical tourism.
• Public-private partnerships.

Threats

• Regulatory challenges.
• Competition from alternative surgical techniques.

Porter Five Forces Analysis

• Threat of New Entrants

Low: High capital investment and stringent regulations deter new players.

• Bargaining Power of Suppliers

Moderate: Limited number of suppliers for specialized equipment.

• Bargaining Power of Buyers

High: Patients and healthcare providers seek cost-effective solutions.

• Threat of Substitutes

Moderate: Availability of off-pump surgeries and non-invasive procedures.

• Industry Rivalry

High: Intense competition among established players.

Regional Status

Dominance of Region

• Riyadh and Jeddah: Leading in market share due to superior healthcare facilities.

Market Growth Country

• KSA: Rapid market growth driven by government initiatives and increasing healthcare spending.

Company Profiling

• Medtronic: Offers a comprehensive range of cardiovascular surgical products.
• Sorin Group: Known for its advanced heart-lung machines and oxygenators.
• Getinge Group: Provides innovative solutions for on-pump surgeries.

Market Segmentation 

By Procedure Type

• Coronary Artery Bypass Grafting (CABG)
• Valve Replacement
• Other On-Pump Surgeries

On-Pump Coronary Artery Bypass Device Segments

• ONCAB Disposables
• Perfusion System

By Equipment Type

• Heart-Lung Machines
• Oxygenators
• Cannulae
• Cardioplegia Solutions

By End User

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers

Report Highlights

• The KSA on-pump surgeries market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
• Increasing prevalence of CVDs and government initiatives are key growth drivers.
• Riyadh and Jeddah dominate the market due to advanced healthcare facilities.
• Valve replacement procedures are the fastest-growing segment.