Middle East & Africa Medical Polyetheretherketone Market Size & Outlook
Middle East & Africa medical polyetheretherketone market, 2019-2030 (US$M)
Related Markets
MEA medical polyetheretherketone market highlights
- The MEA medical polyetheretherketone market generated a revenue of USD 12.5 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, orthopedic was the largest revenue generating application in 2023.
- Cardiovascular is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 12.5 million |
| Market revenue in 2030 | USD 16.6 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Orthopedic |
| Fastest growing segment | Cardiovascular |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Trauma Fixation, Cardiovascular, Orthopedic, Dental Implants & Fixtures |
| Key market players worldwide | Superior Industries International Inc, Evonik Industries AG, Invibio, Solvay SA, Medtronic PLC, Victrex PLC, PetroChina Co Ltd Class H |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.3% of the global medical polyetheretherketone 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 273.8 million by 2030.
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Medical Polyetheretherketone Market Scope
Medical Polyetheretherketone Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa medical polyetheretherketone 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 medical polyetheretherketone market will help companies and investors design strategic landscapes.
Orthopedic was the largest segment with a revenue share of 51.2% in 2023. Horizon Databook has segmented the Middle East & Africa medical polyetheretherketone market based on trauma fixation, cardiovascular, orthopedic, dental implants & fixtures covering the revenue growth of each sub-segment from 2019 to 2030.
The demand for medical polyetheretherketone (PEEK) polymer in the Middle East & Africa is expected to be driven by growing population, increasing per capita income, rising incidences of lifestyle-related disorders, and ongoing healthcare infrastructure development projects in the region.
The demand for medical devices based on superior technologies is expected to increase significantly in the Middle East & Africa in the coming years. This is anticipated to result in the surging requirements for advanced plastic materials.
The consumers in the region spend a limited proportion of their income on healthcare, with the governments of the countries of the Middle East expending a large amount of money on their respective healthcare sectors.
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Our clientele includes a mix of medical polyetheretherketone 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 medical polyetheretherketone market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical polyetheretherketone market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa medical polyetheretherketone market
Middle East & Africa Medical Polyetheretherketone Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa medical polyetheretherketone market
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