Middle East & Africa Heart Failure Poc & Loc Devices Market Size & Outlook
Middle East & Africa heart failure poc & loc devices market, 2018-2030 (US$M)
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MEA heart failure poc & loc devices market highlights
- The MEA heart failure poc & loc devices market generated a revenue of USD 3.9 million in 2023.
- The market is expected to grow at a CAGR of 19.9% from 2024 to 2030.
- In terms of segment, proteomic testing was the largest revenue generating test type in 2023.
- Proteomic Testing is the most lucrative test type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 14.0 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Proteomic testing |
| Fastest growing segment | Proteomic Testing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Proteomic Testing |
| Key market players worldwide | Abbott Laboratories, Danaher Corp, Siemens Healthineers AG ADR, Roche, QuidelOrtho Corp, BioMerieux SA, Trinity Biotech PLC ADR, Abaxis |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global heart failure poc & loc 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 93.0 million by 2030.
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Heart Failure POC & LOC Devices Market Scope
Heart Failure POC & LOC Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa heart failure poc & loc 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 heart failure poc & loc devices market will help companies and investors design strategic landscapes.
Proteomic testing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa heart failure poc & loc devices market based on proteomic testing covering the revenue growth of each sub-segment from 2018 to 2030.
Slow economic development and presence of few manufacturers in the region have led to the lowest penetration rate in this region. However, the region is receiving significant support from global companies, such as Philips, to boost the uptake of POC devices in South African countries.
Moreover, domestic service providers are employing products from global players to offer POC services in the region. These factors are expected to drive the market at a lucrative growth rate.
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Our clientele includes a mix of heart failure poc & loc 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 heart failure poc & loc devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa heart failure poc & loc devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa heart failure poc & loc devices market
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