Middle East & Africa Electrophysiology Devices Market Size & Outlook
Middle East & Africa electrophysiology devices market, 2018-2030 (US$M)
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MEA electrophysiology devices market highlights
- The MEA electrophysiology devices market generated a revenue of USD 246.3 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, ablation catheters was the largest revenue generating device in 2023.
- Ablation Catheters is the most lucrative device segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 246.3 million |
| Market revenue in 2030 | USD 456.0 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Ablation catheters |
| Fastest growing segment | Ablation Catheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Catheters, Laboratory Devices, Access Devices, Ablation Catheters |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Abbott Laboratories, Johnson & Johnson, BIOTRONIK, GE Aerospace, Siemens Healthineers AG ADR, MicroPort Scientific Corp, Koninklijke Philips NV |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.4% of the global electrophysiology 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 5,689.6 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa electrophysiology 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 electrophysiology devices market will help companies and investors design strategic landscapes.
Ablation catheters was the largest segment with a revenue share of 47.18% in 2024. Horizon Databook has segmented the Middle East & Africa electrophysiology devices market based on diagnostic catheters, laboratory devices, access devices, ablation catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The MEA region is witnessing a rise in the prevalence of CVDs, including cardiac arrhythmias such as AFib and VT. Sedentary lifestyles, unhealthy diets, and an aging population contribute to the increasing burden of CVDs, driving the demand for EP devices for diagnosis & treatment in the region.
Many countries in the MEA region are increasing their healthcare expenditure to improve healthcare access and quality. Higher healthcare spending creates opportunities for investment in advanced medical technologies, including EP devices, to meet the needs of patients with CVDs, further driving market growth.
Certain countries in the MEA region, such as the UAE and Saudi Arabia, are emerging as medical tourism destinations, attracting patients from neighboring countries & beyond for specialized medical treatments, including cardiac care. The availability of advanced EP devices and expertise in these countries contribute to market growth.
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Our clientele includes a mix of electrophysiology devices market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa electrophysiology devices market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA electrophysiology devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
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