Middle East & Africa Neurothrombectomy Devices Market Size & Outlook
Middle East & Africa neurothrombectomy devices market, 2018-2030 (US$M)
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MEA neurothrombectomy devices market highlights
- The MEA neurothrombectomy devices market generated a revenue of USD 29.2 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, clot retrievers was the largest revenue generating product in 2023.
- Clot Retrievers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 29.2 million |
| Market revenue in 2030 | USD 38.6 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Clot retrievers |
| Fastest growing segment | Clot Retrievers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clot Retrievers, Aspiration/Suction Devices, Vascular Snares |
| Key market players worldwide | Medtronic PLC, Acandis GmbH, Stryker Corp, Penumbra Inc, Phenox, Vesalio |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.2% of the global neurothrombectomy devices market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 375.1 million by 2030.
Clot retrievers was the largest segment with a revenue share of 38.7% in 2023. Horizon Databook has segmented the Middle East & Africa neurothrombectomy devices market based on clot retrievers, aspiration/suction devices, vascular snares covering the revenue growth of each sub-segment from 2018 to 2030.
The neuro thrombectomy devices market in MEA region is anticipated to witness moderate growth over the forecast period. Middle Eastern countries such as Saudi Arabia, South Africa, and the United Arab Emirates (UAE) are some of the prospering economies.
Increasing healthcare expenditure and gradual adoption of technologically advanced products in these countries are factors expected to promote market growth.
In addition, increasing incidence of acute ischemic stroke in South Africa, Saudi Arabia, and UAE is also expected to propel the market growth. However, lack of skilled professionals and advanced healthcare settings may hinder the market growth over the forecast period.
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Neurothrombectomy Devices Market Scope
Neurothrombectomy Devices Market Companies
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MEA neurothrombectomy devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Neurothrombectomy Devices Market Outlook Share, 2023 & 2030 (US$M)
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