Middle East & Africa Operating Room Equipment Market Size & Outlook
Middle East & Africa operating room equipment market, 2018-2030 (US$M)
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MEA operating room equipment market highlights
- The MEA operating room equipment market generated a revenue of USD 1,175.7 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, anaesthesia was the largest revenue generating product in 2023.
- Endoscopes 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 1,175.7 million |
| Market revenue in 2030 | USD 1,657.6 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Anaesthesia |
| Fastest growing segment | Endoscopes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anaesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Getinge AB ADR, Stryker Corp, Siemens Healthineers AG ADR, GE HealthCare Technologies Inc Common Stock, Steris PLC, Skytron, Draegerwerk AG & Co KGaA, Baxter International Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.6% of the global operating room equipment 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 26,814.2 million by 2030.
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Operating Room Equipment Market Scope
Operating Room Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa operating room equipment 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 operating room equipment market will help companies and investors design strategic landscapes.
Anaesthesia was the largest segment with a revenue share of 30.16% in 2023. Horizon Databook has segmented the Middle East & Africa operating room equipment market based on anaesthesia, endoscopes, electro surgical devices, surgical imaging, or tables, or lights, patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
MEA is another emerging market offering lucrative growth opportunities. The rising life expectancy, high incidence of life-style related diseases, growing population and rising consumer expectations are driving the demand for improved healthcare services across the MEA region. The greater government focus on expanding the healthcare sector has led to significant amount of growth and construction of new hospitals & other healthcare facilities in the region.
MEA has growth opportunities due to significant challenges faced in healthcare as well as rapidly developing healthcare infrastructure. MEA also witnesses a growing stream of middle-class patients whose healthcare needs must be met as the region embarks construction of new hospitals for development of healthcare infrastructure. The governments in East Africa address these healthcare infrastructure projects with the assistance of foreign partners and private sector.
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Target buyers of Middle East & Africa operating room equipment market databook
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Our clientele includes a mix of operating room equipment 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa operating room equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa operating room equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA operating room equipment market size, by country, 2018-2030 (US$M)
Middle East & Africa Operating Room Equipment Market Outlook Share, 2023 & 2030 (US$M)
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