Middle East & Africa Home Healthcare Market Size & Outlook
Middle East & Africa home healthcare market, 2018-2030 (US$M)
Related Markets
MEA home healthcare market highlights
- The MEA home healthcare market generated a revenue of USD 6,818.0 million in 2023.
- The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Equipment is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Oman is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 6,818.0 million |
| Market revenue in 2030 | USD 9,840.0 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | B. Braun, Abbott Laboratories, Sunrise Medical, 3M Co, Baxter International Inc, Medtronic PLC, Cardinal Health Inc, Roche Holding AG ADR, Air Liquide SA, Amedisys Inc, Fresenius Medical Care AG, Arkray, Becton Dickinson & Co, OMRON Corp, Drive Medical, GE Aerospace, Medline Industries, Koninklijke Philips NV, Johnson & Johnson, Linde PLC, Vygon, Teleflex Inc, Moog Inc A, Fresenius SE & Co KGaA, Bayer AG, UnitedHealth Group Inc, Brookdale Senior Living Inc, Sunrise Senior Living, Genesis Healthcare Inc Class A, Extendicare Inc, Sonida Senior Living Inc, Home Instead |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.7% of the global home healthcare 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 134,040.4 million by 2030.
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Home Healthcare Market Scope
Home Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa home healthcare 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 home healthcare market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 84.29% in 2023. Horizon Databook has segmented the Middle East & Africa home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
The home healthcare market in MEA is expected to witness rapid growth due to increase in chronic disease prevalence and rapidly aging population as well as growing demand for home-based monitoring devices. For instance, according to the 9th Edition IDF Diabetes Atlas, approximately 19.4 million adults aged 20 to 79 were living with diabetes in Africa in 2019, representing a regional prevalence of 3.9%.
Despite significant factors driving wider penetration of digital patient monitoring devices, stringent regulatory framework and lack of proper reimbursement policies are anticipated to restrain regional growth.
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Target buyers of Middle East & Africa home healthcare market databook
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Our clientele includes a mix of home healthcare 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 home healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA home healthcare market size, by country, 2018-2030 (US$M)
Middle East & Africa Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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