Middle East & Africa Flow Diverters Market Size & Outlook
Middle East & Africa flow diverters market, 2018-2030 (US$M)
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MEA flow diverters market highlights
- The MEA flow diverters market generated a revenue of USD 15.9 million in 2023.
- The market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 3-4mm 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 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 15.9 million |
| Market revenue in 2030 | USD 31.3 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, MicroPort Scientific Corp, Johnson & Johnson, InspireMD Inc, Balt, Phenox, Acandis GmbH |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.2% of the global flow diverters 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 162.1 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa flow diverters 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 flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 67.92% in 2023. Horizon Databook has segmented the Middle East & Africa flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
The MEA accounted for a considerable market share in 2023. High disease burden, increasing privatization, and growing penetration of health insurance have created growth opportunities in the intracranial aneurysm market in Middle Eastern countries.
The prevalence of hypertension has increased in the past few years in the region due to changes in lifestyle and growing consumption of alcohol, driving the flow diverters market. The advancements in the healthcare system are expected to boost the demand for flow diverters in this region.
Varying socioeconomic conditions and political developments across the Middle East region are entirely conceivable for companies to find opportunities for R&D in the healthcare industry.
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Target buyers of Middle East & Africa flow diverters market databook
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Our clientele includes a mix of flow diverters 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 flow diverters market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA flow diverters market size, by country, 2018-2030 (US$M)
Middle East & Africa Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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