Middle East & Africa Biological Skin Substitutes Market Size & Outlook
Middle East & Africa biological skin substitutes market, 2018-2030 (US$M)
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MEA biological skin substitutes market highlights
- The MEA biological skin substitutes market generated a revenue of USD 7.3 million in 2023.
- The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, human donor tissue-derived products was the largest revenue generating type in 2023.
- Human Donor Tissue-Derived Products is the most lucrative type 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 7.3 million |
| Market revenue in 2030 | USD 12.3 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Human donor tissue-derived products |
| Fastest growing segment | Human Donor Tissue-Derived Products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Human Donor Tissue-Derived Products, Acellular Animal-derived Products |
| Key market players worldwide | 3M Co, Organogenesis Holdings Inc Class A, Integra Lifesciences Holdings Corp, Smith & Nephew PLC, MiMedx Group Inc, Essity AB Class B, Stryker Corp, Vericel Corp, Mallinckrodt PLC Ordinary Shares - New, Tissue Regenix |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.3% of the global biological skin substitutes market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 174.8 million by 2030.
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Biological Skin Substitutes Market Scope
Biological Skin Substitutes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa biological skin substitutes 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 biological skin substitutes market will help companies and investors design strategic landscapes.
Human donor tissue-derived products was the largest segment with a revenue share of 67.12% in 2023. Horizon Databook has segmented the Middle East & Africa biological skin substitutes market based on human donor tissue-derived products, acellular animal-derived products covering the revenue growth of each sub-segment from 2018 to 2030.
Middle Eastern countries such as Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman are prospering economies. The medical devices outsourcing market in the MEA region is likely to grow at a steady rate in the coming years. High disease burden, increasing privatization, and increase in penetration of health insurance are factors primarily responsible for the growth of the market in this region.
The increasing number of national health insurance programs is a consequence of potential benefits such as the affordability of health care for patients, which is likely to boost the demand for private medical and consulting services. This is anticipated to positively impact the growth of this market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa biological skin substitutes market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa biological skin substitutes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA biological skin substitutes market size, by country, 2018-2030 (US$M)
Middle East & Africa Biological Skin Substitutes Market Outlook Share, 2023 & 2030 (US$M)
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