Middle East & Africa Anastomosis Devices Market Size & Outlook
Middle East & Africa anastomosis devices market, 2018-2030 (US$M)
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MEA anastomosis devices market highlights
- The MEA anastomosis devices market generated a revenue of USD 175.6 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2023.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 175.6 million |
| Market revenue in 2030 | USD 274.6 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global anastomosis devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 274.6 million by 2030.
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Anastomosis Devices Market Scope
Anastomosis Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa anastomosis devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 87.98% in 2023. Horizon Databook has segmented the Middle East & Africa anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
Anastomosis devices market in this region is expected to witness lucrative growth during the forecast period due to increased incidence of CVD and cancer coupled with growing awareness about preventive measures for the same.
According to WHO, non-communicable diseases is expected to account for nearly 60% of the region’s disease burden in the next 5 years. The increase in urgency can be attributed to under-diagnosis and inadequate treatment methods available in this region.
Increasing privatization and penetration of health insurance have created opportunities for the anastomosis devices market in MEA countries. However, rise in government initiatives to improve healthcare infrastructure in South Africa and other African countries is expected to boost the demand for anastomosis devices.
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Our clientele includes a mix of anastomosis devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa anastomosis devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA anastomosis devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Anastomosis Devices Market Outlook Share, 2023 & 2030 (US$M)
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