Middle East & Africa Ent Devices Market Size & Outlook
Middle East & Africa ent devices market, 2018-2030 (US$M)
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MEA ent devices market highlights
- The MEA ent devices market generated a revenue of USD 578.9 million in 2023.
- The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, diagnostic ent devices was the largest revenue generating product in 2023.
- Diagnostic ENT 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 578.9 million |
| Market revenue in 2030 | USD 822.7 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostic ent devices |
| Fastest growing segment | Diagnostic ENT 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 ENT Devices, Surgical ENT Devices, Hearing Aids, Hearing Implants, Nasal Splints |
| Key market players worldwide | Ambu A/S ADR, Cochlear Ltd, Demant A/S, GN Store Nord A/S, Olympus Corp, RION Co Ltd, Smith & Nephew PLC, Sonova Holding AG, Stryker Corp, Karl Storz, Pentax Medical, Richard Wolf, Starkey, Omnicom Group Inc, NICO, Nemera |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.2% of the global ent devices market in 2023.
- Globally, Europe 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 9,266.3 million by 2030.
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ENT Devices Market Scope
ENT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa ent 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 ent devices market will help companies and investors design strategic landscapes.
Diagnostic ent devices was the largest segment with a revenue share of 70.25% in 2023. Horizon Databook has segmented the Middle East & Africa ent devices market based on diagnostic ent devices, surgical ent devices, hearing aids, hearing implants, nasal splints covering the revenue growth of each sub-segment from 2018 to 2030.
The ENT devices market in the region is expected to show growth due to growing preference for minimally invasive surgeries, increasing hearing loss cases, and busines activities such as regional expansion.
For instance, in 2017, Olympus Corporation, a high-end optics and precision electronics supplier and manufacturer launched its regional headquarters for Middle East and Africa (MEA) in Dubai, UAE.
However, lack of skilled technicians may hamper the market growth. Some major companies operating in the market are Olympus Corporation, GN ReSound A/S; Starkey Hearing Technologies, Inc.; William Demant Holding A/S; Widex A/S; Sonova Holding AG; and others.
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Our clientele includes a mix of ent devices 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 ent devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ent devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA ent devices market size, by country, 2018-2030 (US$M)
Middle East & Africa ENT Devices Market Outlook Share, 2023 & 2030 (US$M)
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