Middle East & Africa Neurology Devices Market Size & Outlook
MEA neurology devices market highlights
- The MEA neurology devices market generated a revenue of USD 289.9 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, neurostimulation was the largest revenue generating product in 2023.
- Neurostimulation is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 289.9 million |
| Market revenue in 2030 | USD 433.3 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | Neurostimulation |
| Fastest growing segment | Neurostimulation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurostimulation |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Penumbra Inc, MicroPort Scientific Corp, Stryker Corp, Codman Neuro |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.4% of the global neurology 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 5,078.3 million by 2030.
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Neurology Devices Market Scope
Neurology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Codman Neuro (Integra Lifesciences) | View profile | - | - | - |
| Microvention Inc. | View profile | - | - | - |
| Microport Scientific Corporation | View profile | - | - | - |
| Boston Scientific Corporation | View profile | - | - | - |
| Abbott | View profile | - | - | - |
| Codman Neuro | View profile | 1001-5000 | Raynham, Massachusetts, United States, North America | https://www.codman.com |
| NeuroPace Inc | View profile | 181 | 455 N. Bernardo Avenue, Mountain View, CA, United States, 94043 | https://www.neuropace.com |
| Acandis GmbH | View profile | 251-500 | Pforzheim, Baden-Wurttemberg, Germany, Europe | https://www.acandis.com/start-1-en |
| Penumbra Inc | View profile | 4200 | One Penumbra Place, Alameda, CA, United States, 94502 | https://www.penumbrainc.com |
| ElectroCore Inc | View profile | 62 | 200 Forge Way, Suite 205, Rockaway, NJ, United States, 07866 | https://www.electrocore.com |
| Nexstim Oyj Registered Shs Reg S | View profile | 37 | Elimaenkatu 9 B, Helsinki, Finland, FI-00510 | https://www.nexstim.com |
| CooperSurgical | View profile | 501-1000 | Trumbull, Connecticut, United States, North America | http://www.coopersurgical.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Middle East & Africa neurology 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 neurology devices market will help companies and investors design strategic landscapes.
Neurostimulation was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa neurology devices market based on neurostimulation covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa neurology devices market databook
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Our clientele includes a mix of neurology devices 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 neurology devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa neurology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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