Middle East & Africa Burn Ointment Market Size & Outlook
Middle East & Africa burn ointment market, 2016-2027 (US$M)
Related Markets
MEA burn ointment market highlights
- The MEA burn ointment market generated a revenue of USD 49.1 million in 2020.
- The market is expected to grow at a CAGR of 6.3% from 2021 to 2027.
- In terms of segment, topical antibiotics was the largest revenue generating product in 2020.
- Silver is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2021 to 2027.
MEA data book summary
| Market revenue in 2020 | USD 49.1 million |
| Market revenue in 2027 | USD 75.5 million |
| Growth rate | 6.3% (CAGR from 2020 to 2027) |
| Largest segment | Topical antibiotics |
| Fastest growing segment | Silver |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical Antibiotics, Silver, Iodine |
| Key market players worldwide | Johnson & Johnson, Sun Pharmaceutical Industries, Smith & Nephew PLC, ConvaTec Group PLC, Dr. Morepen Limited |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.7% of the global burn ointment market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 214.8 million by 2027.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Burn Ointment Market Scope
Burn Ointment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa burn ointment 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 burn ointment market will help companies and investors design strategic landscapes.
Topical antibiotics was the largest segment with a revenue share of 35.23% in 2020. Horizon Databook has segmented the Middle East & Africa burn ointment market based on topical antibiotics, silver, iodine covering the revenue growth of each sub-segment from 2016 to 2027.
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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Our clientele includes a mix of burn ointment 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 burn ointment market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa burn ointment market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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MEA burn ointment market size, by country, 2016-2027 (US$M)
Middle East & Africa Burn Ointment Market Share, 2020 & 2027 (US$M)
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