The Oman medical supplies and equipment market has experienced remarkable growth, driven by the strategic expansion of the healthcare sector under the directives of Health Vision 2040. In 2023, Oman achieved a significant milestone in strengthening its healthcare infrastructure, increasing the number of hospitals to 92 with a combined capacity of 7,691 beds. This development reflects the government’s unwavering commitment to meeting the rising healthcare demands of the population while enhancing accessibility and service quality.
The surge in healthcare activities is evident from the Ministry of Health's performance, which included 86,955 surgical procedures in 2023 alone, highlighting the increasing need for sophisticated surgical instruments, diagnostic technologies, and patient monitoring systems. Furthermore, early 2023 marked the initiation of transformative projects, such as 19 healthcare investments, 11 high-priority opportunities, and the establishment of more than 22 dialysis centers equipped with 500 state-of-the-art machines.
According to the research, the Oman Medical Supplies and Equipments Market is poised for significant growth, with its market size projected to expand at a robust CAGR of 7.8% during the period 2024-2032. A key catalyst for this expansion is the implementation of large-scale healthcare infrastructure projects, such as the Al Suwaiq Hospital and the New Sultan Qaboos Hospital, which collectively represent an investment of approximately USD 558.44 million. These strategic projects, slated for completion by 2024 and 2025 respectively, aim to bridge regional healthcare access gaps and are expected to generate substantial demand for advanced medical equipment, including diagnostic imaging systems, patient monitoring solutions, and therapeutic devices.
Moreover, Oman’s healthcare market is on track to reach a valuation of OMR 1.6 billion (approximately USD 4.3 billion) by 2025, driven by sustained investment flows into both public and private healthcare segments. This upward trajectory reflects a broader expansion of the country's healthcare infrastructure, which in turn is fueling demand for high-quality medical supplies and cutting-edge equipment. Enhanced healthcare expenditure is anticipated to further amplify the adoption of advanced diagnostic technologies, therapeutic innovations, and patient care systems, positioning the Oman Medical Supplies and Equipments Market for accelerated growth in the years ahead.
Market Segmentation By Type
Oman’s medical equipment market would grow due to AI, IoT, and genomics-based devices for personalized care and predictive diagnostics. Aging populations and telemedicine growth will fuel demand for high-tech, remote monitoring, and eldercare equipment. Expansion of private healthcare and localized R&D will reduce import dependency and enhance affordability. Sustainability initiatives and premium pricing will secure high revenue margins for advanced medical devices.
Market Segmentation By Application
The infection control is expected to hold the highest revenue share in Oman’s medical supplies and equipment market due to advancements in sterilization equipment, antimicrobial coatings, and disposable medical products will improve the efficiency of infection control, driving wider adoption. Meanwhile, stricter international and local healthcare accreditation standards, along with a growing focus on preventive healthcare, will boost demand for consumables like gloves, masks, and sanitizers, as well as durable equipment.
Market Segmentation By End-User
Hospitals is expected to hold the highest revenue share in Oman’s medical supplies and equipment market due to Oman's push to become a regional healthcare hub is driving medical tourism, boosting revenue for hospitals and clinics. Additionally, the growing emphasis on preventive care is expanding the role of clinics, necessitating ongoing investments in medical equipment and supplies.
Market Segmentation By Sector
Hospitals is expected to hold the highest revenue share in Oman’s medical supplies and equipment market due to Population growth, particularly in urban areas, will drive government investment in expanding healthcare infrastructure. Economic diversification under Vision 2040 positions healthcare as a key focus, encouraging continued funding. Mandatory health insurance, especially for expatriates, will increase public healthcare utilization and spending. Sustainability goals will further propel investments in eco-friendly and energy-efficient medical infrastructure, led by the government.
Key Attractiveness of the Report
- 10 Years Market Numbers.
- Historical Data Starting from 2020 to 2023.
- Base Year: 2023
- Forecast Data until 2032.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects
Key Highlights of the Report:
- Oman Medical Supplies and Equipments Market Overview
- Oman Medical Supplies and Equipments Market Outlook
- Oman Medical Supplies and Equipments Market Forecast
- Historical Data and Forecast of Oman Medical Supplies and Equipments Market Revenues for the Period 2020-2032F
- Historical Data and Forecast of Oman Medical Supplies and Equipments Market Revenues, By Type, for the Period 2020-2032F
- Market Drivers and Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Trends
- Key Performance Indicators
- Oman Medical Supplies and Equipments Market Revenue Ranking, By Companies, 2023
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Type
- Medical Supplies
- Medical Equipments
- Diagnostic Imaging
- Cardiology Devices
- Patient Monitoring
- Therapeutic Equipment
By Application
- Medical Supplies
- Infection Control
- Wound Care
- Respiratory Care
- Urology
- In Vitro Diagnostics (IVD)
- Medical Equipments
- Radiology & Diagnostic Imaging
- Cardiology
- Surgery & Critical Care
- Others (Anesthesia & Respiratory, Orthopedic & Prosthetic, Neurology Equipment etc.)
By End-user
- Hospitals
- Clinics/Physician Offices
- Others (Diagnostic Centers, Home Healthcare, and Academic Institutions.)
By Sector
- Private
- Government
Table of Contents
Companies Mentioned
- Oman Medical Supplies and Services Co.LLC
- Riyadha International Medical Supplies
- Salalah Medical Supplies MFG Co. LLc
- Shah Nagardas Manji & Co. LLC
- Majan Medical Scientific Supplies LLC
- Al Zahrawi Medical Supplies LLC
- Al Farsi Medical Supplies
- Intramedica
- Gulf Medical Supplies LLC