Middle East & Africa Multiparameter Patient Monitoring Systems Market Size & Outlook
Middle East & Africa multiparameter patient monitoring systems market, 2018-2030 (US$M)
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MEA multiparameter patient monitoring systems market highlights
- The MEA multiparameter patient monitoring systems market generated a revenue of USD 887.5 million in 2023.
- The market is expected to grow at a CAGR of 3% from 2024 to 2030.
- In terms of segment, portable was the largest revenue generating product in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 887.5 million |
| Market revenue in 2030 | USD 1,088.9 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable, Fixed |
| Key market players worldwide | Spacelabs Healthcare, Koninklijke Philips NV, ICU Medical Inc, GE HealthCare Technologies Inc Common Stock, Draegerwerk AG & Co KGaA, Medtronic PLC, Masimo Corp, SCHILLER, shenzhen mindray automation equipment co., SternMed, Skanray Technologies |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.3% of the global multiparameter patient monitoring systems 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 3,623.4 million by 2030.
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Multiparameter Patient Monitoring Systems Market Scope
Multiparameter Patient Monitoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa multiparameter patient monitoring systems 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 multiparameter patient monitoring systems market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 66.34% in 2023. Horizon Databook has segmented the Middle East & Africa multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
MEA is undergoing both demographic and epidemiological transitions that are leading to chasing patterns in morbidity, mortality, and causes of disability. The incidence of disabilities related to chronic conditions, including injuries, is increasing in MEA countries.
This is anticipated to boost the multiparameter patient monitoring systems market in the region. The four most common noncommunicable diseases are CDS, cancers, chronic respiratory diseases, and diabetes. Hence, there is a need to manage the burden of disease in MEA, thereby boosting the market growth.
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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa multiparameter patient monitoring systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA multiparameter patient monitoring systems market size, by country, 2018-2030 (US$M)
Middle East & Africa Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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