Iraq Medical Devices Market (2025-2031) | Analysis, Industry, Share, Companies, Value, Trends, Outlook, Forecast, Size, Growth & Revenue

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: ETC036485 Publication Date: Jun 2024 Updated Date: Jan 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Iraq Medical Devices market Highlights

Report Name Iraq Medical Devices market
Forecast period 2025-2031
Market Size USD 0.7 Billion –  USD 1.1 Billion
CAGR 7.5%
Growing Sector Healthcare

Topics Covered in the Iraq Medical Devices Market Report

The Iraq 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.

Iraq Medical Devices Market Size & Analysis

In 2025, the Iraq Medical Devices market is valued at approximately $ 0.7 million, with a projected compound annual growth rate (CAGR) of 7.5% over the next five years. Additionally, by 2031, the market is expected to reach around $ 1.1 million. The healthcare sector holds significant position in the overall market.

Iraq Medical Devices Market Synopsis

The Iraq medical devices market is experiencing gradual growth, fueled by the country’s ongoing efforts to rebuild and modernize its healthcare infrastructure following years of conflict. With increasing healthcare investments from both the government and private sector, the demand for advanced medical technologies, such as diagnostic imaging equipment, surgical devices, and patient monitoring systems, is rising. Additionally, the country’s growing population, coupled with a rising prevalence of chronic diseases like diabetes, cardiovascular conditions, and respiratory disorders, is driving the demand for medical devices. Despite challenges such as political instability, a reliance on imported medical equipment, and regulatory hurdles, Iraq’s healthcare sector is poised for improvement, supported by international partnerships and aid, creating significant opportunities for medical device companies in the region.

According to 6Wresearch, Iraq Medical Devices market size is projected to grow at a CAGR of 7.5% during 2025-2031. The growth of the Iraq medical devices market is driven by several key factors, including the country’s ongoing healthcare infrastructure development, particularly as part of reconstruction efforts following years of conflict. There is a rising demand for advanced diagnostic, therapeutic, and surgical devices due to the increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and respiratory conditions. The government’s initiatives to improve healthcare accessibility, coupled with growing investments in both public and private healthcare sectors, are creating significant opportunities for medical device companies. Additionally, the expansion of medical tourism in Iraq is further boosting the demand for high-quality medical devices.

However, the Iraq Medical Devices industry faces challenges such as political instability, security concerns, and economic volatility, which can lead to disruptions in the supply chain and hinder foreign investment. Iraq’s heavy reliance on imported medical devices also adds to the cost, as well as regulatory hurdles and a lack of local manufacturing capabilities. Furthermore, there is a shortage of skilled professionals to operate complex medical equipment, limiting the widespread adoption of advanced technologies. Despite these challenges, the market is poised for steady growth as Iraq continues to prioritize healthcare sector modernization.

Iraq Medical Devices Market Trends

  • Growing demand for diagnostic imaging devices - Increased adoption of MRI, CT scanners, and ultrasound equipment due to the rising prevalence of chronic diseases and the need for early diagnosis.
  • Expansion of private healthcare sector - Increasing number of private hospitals and clinics driving the demand for high-end medical devices.
  • Shift towards minimally invasive procedures - Rising use of advanced surgical tools, including robotic surgery devices and laparoscopic instruments, for faster recovery and reduced complications.
  • Telemedicine and digital health solutions - Increased adoption of connected devices, wearables, and telemedicine platforms to manage chronic conditions and offer remote care.
  • Government investment in healthcare infrastructure - Ongoing healthcare modernization projects fueling the demand for advanced medical technologies across public and private hospitals.

Investment Opportunities in the Iraq Medical Devices Market

  • Diagnostic Imaging Equipment - Investment in advanced imaging technologies such as MRI, CT scanners, and ultrasound devices to meet the growing demand for early diagnosis and precision healthcare.
  • Minimally Invasive Surgery Devices - Opportunities to invest in surgical instruments, robotic-assisted surgery systems, and laparoscopic equipment, as the demand for less invasive procedures grows.
  • Telemedicine and Remote Monitoring - Investment in digital health solutions, including wearable medical devices and telehealth platforms, to cater to the rising need for remote patient monitoring and chronic disease management.
  • Healthcare Infrastructure Development - Investment opportunities in the construction and expansion of hospitals, clinics, and diagnostic centers to improve healthcare access and meet the demand for modern medical devices.
  • Medical Tourism Facilities - Investing in state-of-the-art medical facilities and specialized equipment to attract medical tourists seeking advanced treatments, particularly in areas like cardiology, orthopedics, and oncology.

Key Players in the Iraq Medical Devices Market

Key companies in Iraq's medical devices market include global leaders such as GE Healthcare, Siemens Healthineers, and Philips Healthcare, which provide a wide range of diagnostic imaging, patient monitoring, and therapeutic equipment to the country’s healthcare sector. Regional distributors like Al-Farabi Medical and Bahrain Medical Supplies play an essential role in facilitating the supply and distribution of medical devices across Iraq. Additionally, companies like Medtronic and Johnson & Johnson offer a variety of surgical, orthopedic, and cardiovascular devices.

Additionally, some of these players hold majority of the Iraq Medical Devices market share. Moreover, these companies, along with local players, are working to expand their presence in Iraq, supported by the country's healthcare modernization efforts and the growing demand for advanced medical technologies. Despite challenges such as political instability and a reliance on imports, these companies remain crucial in driving the market's development and meeting the needs of Iraq’s healthcare system.

Government Regulations in the Iraq Medical Devices Market

In Iraq, medical devices are regulated by the Iraqi Ministry of Health (MOH), which oversees the registration, importation, and distribution of medical devices to ensure they meet safety, quality, and efficacy standards. The MOH mandates that all medical devices be registered before they can be marketed, with a comprehensive review process that includes assessment of product specifications, manufacturer certifications, and clinical trial data when applicable. Additionally, Iraq follows certain Gulf Cooperation Council (GCC) standards and international guidelines for medical device regulation, though there are still challenges related to the enforcement of these standards due to limited infrastructure and political instability.

Further, these initiatives have further boosted the Iraq Medical Devices market revenues. Furthermore, while the Iraqi government has made strides to streamline medical device registration, issues such as long approval times, inconsistent regulatory enforcement, and a lack of local manufacturing capabilities continue to present barriers. The regulatory landscape is evolving as Iraq seeks to improve its healthcare system and align with international standards for medical device safety and performance.

Future Insights of the Iraq Medical Devices Market

The future of Iraq's medical devices market is promising, with significant growth expected driven by ongoing healthcare reforms, investments in infrastructure, and an increasing demand for advanced medical technologies. As the country continues to rebuild and modernize its healthcare system, the adoption of cutting-edge diagnostic, therapeutic, and surgical devices will rise, particularly in areas like imaging, minimally invasive surgery, and patient monitoring.

The government’s push to improve healthcare accessibility, along with the growing private healthcare sector, will fuel the demand for high-quality medical devices. Furthermore, the expansion of medical tourism and the increasing focus on chronic disease management and preventative healthcare will create new opportunities for market growth. While challenges such as political instability and regulatory hurdles remain, Iraq’s healthcare sector is expected to become more aligned with international standards, offering a favorable environment for medical device manufacturers and investors in the coming years.

Diagnostic Devices Category to Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the diagnostic devices category in Iraq is experiencing notable growth, driven by the rising demand for early and accurate detection of chronic diseases such as diabetes, cardiovascular disorders, and cancer. The increasing prevalence of these conditions, combined with advancements in diagnostic technologies, is fueling the adoption of sophisticated diagnostic imaging devices like MRI, CT scanners, and ultrasound equipment.

Additionally, Iraq's healthcare sector is seeing a shift toward more modern and efficient diagnostic tools, such as point-of-care devices and digital diagnostic systems, which provide quicker results and are easier to deploy in both urban and remote areas. As the country works to rebuild its healthcare infrastructure and expand access to quality care, the need for high-quality diagnostic equipment will continue to grow, further driving market expansion.

Hospitals & Ambulatory Surgical Centers to Dominate the Market – By Application

The growth of medical device applications in hospitals and ambulatory surgical centers (ASCs) in Iraq is being driven by the increasing demand for high-quality healthcare services and the growing preference for minimally invasive procedures. With the rising prevalence of chronic conditions and the need for specialized treatments, hospitals and ASCs are adopting advanced medical devices such as robotic surgical systems, diagnostic imaging tools, and patient monitoring equipment to improve patient outcomes and enhance the efficiency of procedures.

Additionally, the shift towards outpatient care and day surgeries is promoting the need for more cost-effective and technologically advanced medical devices. As Iraq’s healthcare infrastructure modernizes and the private healthcare sector expands, hospitals and ASCs will continue to play a central role in the adoption and application of cutting-edge medical technologies.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024.
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Iraq Medical Devices Market Outlook
  • Market Size of Iraq Medical Devices Market, 2024
  • Forecast of Iraq Medical Devices Market, 2031
  • Historical Data and Forecast of Iraq Medical Devices Revenues & Volume for the Period 2021-2031
  • Iraq Medical Devices Market Trend Evolution
  • Iraq Medical Devices Market Drivers and Challenges
  • Iraq Medical Devices Price Trends
  • Iraq Medical Devices Porter's Five Forces
  • Iraq Medical Devices Industry Life Cycle
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Types for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Orthopedic Devices for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Cardiovascular Devices for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Diagnostic Devices for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By IVD for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By MIS for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Wound Management for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Diabetes Care for the Period 2021-2031
  • Historical Data and Forecast of Iraq Orthopedic Devices Medical Devices Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Hospitals & Ambulatory Surgical Centers for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Clinics for the Period 2021-2031
  • Historical Data and Forecast of Iraq Medical Devices Market Revenues & Volume By Others for the Period 2021-2031
  • Iraq Medical Devices Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Applications
  • Iraq Medical Devices Top Companies Market Share
  • Iraq Medical Devices Competitive Benchmarking By Technical and Operational Parameters
  • Iraq Medical Devices Company Profiles
  • Iraq Medical Devices Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Types

  • Orthopedic Devices
  • Cardiovascular Devices
  • Diagnostic Devices
  • IVD
  • MIS
  • Wound Management
  • Diabetes Care
  • Others

By Applications

  • Hospitals & Ambulatory Surgical Centers
  • Clinics
  • Others

Iraq Medical Devices Market (2025-2031): FAQs

The market growth is driven by increasing healthcare expenditure, the rising prevalence of chronic diseases and technological advancements.
The diagnostic devices category is expected to register enormous growth over the years.
The hospitals & ambulatory surgical centers application holds the highest market share.
Medtronic, Siemens Healthineers, Johnson & Johnson and GE Healthcare are some of the prominent players in the Iraq Medical Devices market.
6Wresearch actively monitors the Iraq Medical Devices Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Iraq Medical Devices Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Iraq Medical Devices Market Overview
3.1 Iraq Country Macro Economic Indicators
3.2 Iraq Medical Devices Market Revenues & Volume, 2021 & 2031F
3.3 Iraq Medical Devices Market - Industry Life Cycle
3.4 Iraq Medical Devices Market - Porter's Five Forces
3.5 Iraq Medical Devices Market Revenues & Volume Share, By Types, 2021 & 2031F
3.6 Iraq Medical Devices Market Revenues & Volume Share, By Applications, 2021 & 2031F
4 Iraq Medical Devices Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Iraq Medical Devices Market Trends
6 Iraq Medical Devices Market, By Types
6.1 Iraq Medical Devices Market, By Types
6.1.1 Overview and Analysis
6.1.2 Iraq Medical Devices Market Revenues & Volume, By Types, 2021 - 2031F
6.1.3 Iraq Medical Devices Market Revenues & Volume, By Orthopedic Devices, 2021 - 2031F
6.1.4 Iraq Medical Devices Market Revenues & Volume, By Cardiovascular Devices, 2021 - 2031F
6.1.5 Iraq Medical Devices Market Revenues & Volume, By Diagnostic Devices, 2021 - 2031F
6.1.6 Iraq Medical Devices Market Revenues & Volume, By IVD, 2021 - 2031F
6.1.7 Iraq Medical Devices Market Revenues & Volume, By MIS, 2021 - 2031F
6.1.8 Iraq Medical Devices Market Revenues & Volume, By Wound Management, 2021 - 2031F
6.1.9 Iraq Medical Devices Market Revenues & Volume, By Others, 2021 - 2031F
6.1.10 Iraq Medical Devices Market Revenues & Volume, By Others, 2021 - 2031F
6.2 Iraq Medical Devices Market, By Applications
6.2.1 Overview and Analysis
6.2.2 Iraq Medical Devices Market Revenues & Volume, By Hospitals & Ambulatory Surgical Centers, 2021 - 2031F
6.2.3 Iraq Medical Devices Market Revenues & Volume, By Clinics, 2021 - 2031F
6.2.4 Iraq Medical Devices Market Revenues & Volume, By Others, 2021 - 2031F
7 Iraq Medical Devices Market Import-Export Trade Statistics
7.1 Iraq Medical Devices Market Export to Major Countries
7.2 Iraq Medical Devices Market Imports from Major Countries
8 Iraq Medical Devices Market Key Performance Indicators
9 Iraq Medical Devices Market - Opportunity Assessment
9.1 Iraq Medical Devices Market Opportunity Assessment, By Types, 2021 & 2031F
9.2 Iraq Medical Devices Market Opportunity Assessment, By Applications, 2021 & 2031F
10 Iraq Medical Devices Market - Competitive Landscape
10.1 Iraq Medical Devices Market Revenue Share, By Companies, 2024
10.2 Iraq Medical Devices Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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