Middle East & Africa Deep Brain Stimulation Devices Market Size & Outlook
Middle East & Africa deep brain stimulation devices market, 2018-2030 (US$M)
Related Markets
MEA deep brain stimulation devices market highlights
- The MEA deep brain stimulation devices market generated a revenue of USD 56.4 million in 2023.
- The market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, dual channel was the largest revenue generating product in 2023.
- Single Channel 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 56.4 million |
| Market revenue in 2030 | USD 115.5 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Dual channel |
| Fastest growing segment | Single Channel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Channel, Dual Channel |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Nexstim Oyj Registered Shs Reg S, LivaNova PLC, NeuroPace Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.8% of the global deep brain stimulation devices 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 366.5 million by 2030.
Dual channel was the largest segment with a revenue share of 57.45% in 2023. Horizon Databook has segmented the Middle East & Africa deep brain stimulation devices market based on single channel, dual channel covering the revenue growth of each sub-segment from 2018 to 2030.
The MEA region includes South Africa, Saudi Arabia, UAE, and other countries. Increase in incidence of neurological diseases, such as Alzheimer's disease, dementia, and PD, is contributing to the market growth.
In May 2017, Global Plan of Action on Dementia developed by WHO has been adopted at World Health Assembly in Geneva to create awareness about dementia and increase funding for neology hospitals. Thus, government efforts coupled with developing healthcare infrastructure in the region is expected to further fuel growth of the market in the region.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Deep Brain Stimulation Devices Market Scope
Deep Brain Stimulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
MEA deep brain stimulation devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Deep Brain Stimulation Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
