Market Forecast By Types (Orthopedic Devices, Cardiovascular Devices, Diagnostic Devices, IVD, MIS, Wound Management, Diabetes Care, Others), By Applications (Hospitals & Ambulatory Surgical Centers, Clinics, Others) And Competitive Landscape
Product Code: ETC036473 | Publication Date: Jun 2024 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Cambodia Medical Devices market |
Forecast period | 2025-2031 |
Market Size | USD 132 Million – USD 225 Million |
CAGR | 7.4% |
Growing Sector | Healthcare |
The Cambodia Medical Devices market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2025, the Cambodia Medical Devices market is valued at approximately $ 132 million, with a projected compound annual growth rate (CAGR) of 7.4% over the next five years. Additionally, by 2031, the market is expected to reach around $225 million. The healthcare sector holds significant position in the overall market.
The medical devices market in Cambodia is steadily expanding, driven by improvements in healthcare infrastructure, rising healthcare awareness, and an increase in the country’s healthcare spending. As the Cambodian population experiences a growing demand for better medical services, there is a rising need for diagnostic, therapeutic, and monitoring devices. The government’s focus on enhancing healthcare accessibility, particularly in rural areas, has led to the expansion of hospitals and healthcare facilities, thus increasing the demand for a variety of medical devices, including diagnostic imaging equipment, surgical instruments, and patient monitoring systems. Furthermore, as the healthcare system continues to develop, the market is seeing growing interest in modern and cost-effective medical technologies, offering substantial growth opportunities for both local and international medical device manufacturers and distributors.
According to 6Wresearch, Cambodia Medical Devices market size is projected to grow at a CAGR of 7.4% during 2025-2031. The growth of Cambodia's medical devices market is primarily fueled by increased healthcare spending, government initiatives to improve healthcare access, and rising demand for quality medical care. As urbanization and health awareness grow, there is heightened demand for advanced diagnostic and therapeutic devices, particularly in the wake of increasing rates of chronic diseases like diabetes and cardiovascular conditions. Foreign investment and partnerships are also playing a significant role, bringing modern healthcare technology to Cambodian facilities.
However, the Cambodia Medical Devices industry faces challenges such as including regulatory and import hurdles that can delay access to cutting-edge medical equipment. Limited healthcare infrastructure in rural areas and a shortage of trained medical professionals also constrain growth, as does the population's low purchasing power relative to other ASEAN markets. Additionally, dependency on imported medical devices increases costs, presenting a barrier to market expansion. Addressing these challenges is essential for sustained growth in Cambodia’s medical devices sector.
Key companies operating in Cambodia's medical devices market include international players such as Siemens Healthineers, Philips Healthcare, and GE Healthcare, which are prominent in diagnostic imaging and advanced medical technologies. These companies provide essential equipment like MRI machines, ultrasound systems, and other imaging devices to hospitals and clinics across Cambodia. Other companies, including Medtronic and Abbott, focus on therapeutic devices, diagnostics, and patient monitoring equipment.
Additionally, some of these players hold majority of the Cambodia Medical Devices market share. Moreover, local distributors and regional players also play a vital role by partnering with these global firms to facilitate distribution and offer support services, ensuring that imported medical technologies reach healthcare providers throughout Cambodia.
Cambodia medical devices market is regulated by the Ministry of Health (MoH), which oversees the import, distribution, and quality control of medical devices. Recent regulations aim to enhance patient safety and align with international standards, focusing on the registration and licensing of medical devices before they can enter the Cambodian market. Importers must obtain approval from the Department of Drugs and Food (DDF) within the MoH, which enforces compliance with safety, efficacy, and quality requirements.
Further, these initiatives have further boosted the Cambodia Medical Devices market revenues. Furthermore, the Cambodian government has been working towards strengthening regulatory frameworks by adopting elements from the ASEAN Medical Device Directive (AMDD) to streamline device classification and registration processes. However, enforcement can vary, with rural and remote areas often facing challenges in maintaining regulatory standards due to limited infrastructure and resources.
The future of Cambodia’s medical devices market looks promising, with anticipated growth driven by rising healthcare needs, government initiatives to improve healthcare access, and increased private sector investment. The market is expected to benefit from ongoing digitalization in healthcare, as telemedicine and mobile health solutions gain traction, enabling better access to healthcare in remote areas. Demand for diagnostic devices and home healthcare equipment is likely to grow as awareness of preventive healthcare increases.
Additionally, the government’s efforts to harmonize regulations with ASEAN standards could attract more international companies, boosting the availability of advanced medical devices. However, achieving equitable healthcare distribution remains a challenge, underscoring the need for further infrastructure development and local workforce training to fully realize the market’s potential.
According to Ravi Bhandari, Research Head, 6Wresearch, the diagnostic devices category in Cambodia is experiencing robust growth, fueled by rising awareness of early disease detection, an increase in chronic illness cases, and growing government and private investment in healthcare infrastructure. Hospitals and clinics are expanding their diagnostic capabilities with advanced imaging technologies like MRI, CT scanners, and ultrasound devices, driven by demand for accurate and timely diagnostics.
Additionally, portable and point-of-care diagnostic devices are gaining popularity in rural and underserved areas, enhancing healthcare accessibility. As the healthcare sector becomes increasingly focused on preventive care, the adoption of diagnostic devices is expected to continue accelerating, contributing significantly to the overall growth of medical devices market.
The growth in the use of medical devices within hospitals and ambulatory surgical centers (ASCs) in Cambodia is on the rise, driven by increasing demand for high-quality, accessible healthcare services across the country. Hospitals are investing in advanced diagnostic and surgical equipment to meet the needs of a growing patient population,
especially in urban areas, while ASCs are expanding to provide cost-effective, same-day surgical care. The rise of ASCs has allowed patients quicker access to procedures that traditionally required hospital stays, such as orthopedic, ophthalmic, and minor cardiovascular surgeries. These facilities are also incorporating minimally invasive surgical tools and real-time patient monitoring systems to improve outcomes and patient recovery times.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cambodia Medical Devices Market Overview |
3.1 Cambodia Country Macro Economic Indicators |
3.2 Cambodia Medical Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Cambodia Medical Devices Market - Industry Life Cycle |
3.4 Cambodia Medical Devices Market - Porter's Five Forces |
3.5 Cambodia Medical Devices Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Cambodia Medical Devices Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cambodia Medical Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cambodia Medical Devices Market Trends |
6 Cambodia Medical Devices Market, By Types |
6.1 Cambodia Medical Devices Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Cambodia Medical Devices Market Revenues & Volume, By Types, 2021 - 2031F |
6.1.3 Cambodia Medical Devices Market Revenues & Volume, By Orthopedic Devices, 2021 - 2031F |
6.1.4 Cambodia Medical Devices Market Revenues & Volume, By Cardiovascular Devices, 2021 - 2031F |
6.1.5 Cambodia Medical Devices Market Revenues & Volume, By Diagnostic Devices, 2021 - 2031F |
6.1.6 Cambodia Medical Devices Market Revenues & Volume, By IVD, 2021 - 2031F |
6.1.7 Cambodia Medical Devices Market Revenues & Volume, By MIS, 2021 - 2031F |
6.1.8 Cambodia Medical Devices Market Revenues & Volume, By Wound Management, 2021 - 2031F |
6.1.9 Cambodia Medical Devices Market Revenues & Volume, By Others, 2021 - 2031F |
6.1.10 Cambodia Medical Devices Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cambodia Medical Devices Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cambodia Medical Devices Market Revenues & Volume, By Hospitals & Ambulatory Surgical Centers, 2021 - 2031F |
6.2.3 Cambodia Medical Devices Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.2.4 Cambodia Medical Devices Market Revenues & Volume, By Others, 2021 - 2031F |
7 Cambodia Medical Devices Market Import-Export Trade Statistics |
7.1 Cambodia Medical Devices Market Export to Major Countries |
7.2 Cambodia Medical Devices Market Imports from Major Countries |
8 Cambodia Medical Devices Market Key Performance Indicators |
9 Cambodia Medical Devices Market - Opportunity Assessment |
9.1 Cambodia Medical Devices Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Cambodia Medical Devices Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cambodia Medical Devices Market - Competitive Landscape |
10.1 Cambodia Medical Devices Market Revenue Share, By Companies, 2024 |
10.2 Cambodia Medical Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |