Middle East & Africa Catheter Market Size & Outlook
Middle East & Africa catheter market, 2018-2030 (US$M)
Related Markets
MEA catheter market highlights
- The MEA catheter market generated a revenue of USD 2,476.9 million in 2022.
- The market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
- In terms of segment, specialty catheters was the largest revenue generating product in 2022.
- Specialty Catheters 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 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 2,476.9 million |
| Market revenue in 2030 | USD 3,823.7 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Specialty catheters |
| Fastest growing segment | Specialty Catheters |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters |
| Key market players worldwide | Hollister, Medtronic PLC, Boston Scientific Corp, Edwards Lifesciences Corp, Smiths Group PLC, Teleflex Inc, ConvaTec Group PLC, Cure Medical |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.8% of the global catheter market in 2022.
- 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 20,259.2 million by 2030.
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Catheter Market Scope
Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa catheter 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 catheter market will help companies and investors design strategic landscapes.
Specialty catheters was the largest segment with a revenue share of 29.22% in 2022. Horizon Databook has segmented the Middle East & Africa catheter market based on cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, specialty catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is anticipated to witness lucrative growth in during the forecast period. Agreement between various companies operating in catheters market and the presence of well-managed healthcare facilities in MEA is one of the factors responsible for boosting the market.
Establishment of catheters manufacturing plants in the region by Egyptian Arab Medical Equipment Company and Kimal—a UK-based company—with an investment of USD 4.0 million is another factor driving market growth.
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Target buyers of Middle East & Africa catheter market databook
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Our clientele includes a mix of catheter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa catheter market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA catheter market size, by country, 2018-2030 (US$M)
Middle East & Africa Catheter Market Outlook Share, 2022 & 2030 (US$M)
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