Middle East & Africa Orthopedic Devices Market Size & Outlook
Middle East & Africa orthopedic devices market, 2018-2030 (US$M)
Related Markets
MEA orthopedic devices market highlights
- The MEA orthopedic devices market generated a revenue of USD 1,852.4 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, joint replacement/ orthopedic implants was the largest revenue generating product in 2023.
- Orthobiologics 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 1,852.4 million |
| Market revenue in 2030 | USD 2,695.9 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Joint replacement/ orthopedic implants |
| Fastest growing segment | Orthobiologics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Joint Replacement/ Orthopedic Implants, Trauma, Sports Medicine, Orthobiologics |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Zimmer Biomet Holdings Inc, DePuy Synthes, Smith & Nephew PLC, Aesculap, Conmed Corp, NuVasive, Enovis Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global orthopedic 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 16,853.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Orthopedic Devices Market Scope
Orthopedic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa orthopedic 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 orthopedic devices market will help companies and investors design strategic landscapes.
Joint replacement/ orthopedic implants was the largest segment with a revenue share of 41.78% in 2023. Horizon Databook has segmented the Middle East & Africa orthopedic devices market based on joint replacement/ orthopedic implants, trauma, sports medicine, orthobiologics covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa region has emerged as a key region in the market. The population in the region is moderately involved in some kind of physical activity, according to a paper published on ResearchGate in 2021, with 50% of adults and 25.6% of youth being sufficiently active.
Different sports are gaining popularity in the region, which is significantly contributing to the growth of the market as a result of increase in the incidence of injuries sustained while playing sports. A study published on ScienceDirect states that musculoskeletal diseases were the second leading cause of disability-adjusted life years in Saudi Arabia.
High prevalence of such diseases is a primary factor driving growth of orthopedic devices market in the Middle East. In Africa, the prevalence ranges from 59.7% to 68.1% for body parts other than the face. Various government initiatives being undertaken to improve health practices for patients and to educate patients regarding their condition are contributing to the growth of orthopedic devices market in the region.
Reasons to subscribe to Middle East & Africa orthopedic devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa orthopedic devices market databook
-
Our clientele includes a mix of orthopedic devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 orthopedic devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa orthopedic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA orthopedic devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Orthopedic Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
