Middle East & Africa Dermatology Devices Market Size & Outlook
Middle East & Africa dermatology devices market, 2018-2030 (US$M)
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MEA dermatology devices market highlights
- The MEA dermatology devices market generated a revenue of USD 535.1 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, treatment devices was the largest revenue generating product in 2023.
- Treatment devices 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 535.1 million |
| Market revenue in 2030 | USD 973.9 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Treatment devices |
| Fastest growing segment | Treatment devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic devices, Treatment devices |
| Key market players worldwide | Fosun International Ltd, Bausch Health Companies Inc, Cutera Inc, Ambicare Health |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.5% of the global dermatology 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 7,932.1 million by 2030.
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Dermatology Devices Market Scope
Dermatology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa dermatology 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 dermatology devices market will help companies and investors design strategic landscapes.
Treatment devices was the largest segment with a revenue share of 80.08% in 2023. Horizon Databook has segmented the Middle East & Africa dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is also growing in the field of medical tourism. People across the world are travelling for availing treatment in South Africa as healthcare settings offer cost-effective services. According to ISAPS, in South Africa, around 10% of the patients undergoing cosmetics treatment were foreigners.
Thus, this country provides immense opportunities for the target population throughout the world related to dermatology procedures. Hence, there is a high growth of dermatology treatment devices in South Africa, therefore, driving market growth.
Moreover, South Africa has a huge public health burden due to high incidence of skin cancer and other skin diseases. South Africans are highly susceptible to skin cancer owing to high exposure to ambient solar ultraviolet radiation.
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Target buyers of Middle East & Africa dermatology devices market databook
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Our clientele includes a mix of dermatology devices 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 dermatology devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA dermatology devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)
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