Middle East & Africa Procedure Trays Market Size & Outlook
Related Markets
MEA procedure trays market highlights
- The MEA procedure trays market generated a revenue of USD 516.1 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, or was the largest revenue generating product in 2023.
- OR is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 516.1 million |
| Market revenue in 2030 | USD 839.8 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Or |
| Fastest growing segment | OR |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OR, Angiography, Ophthalmic |
| Key market players worldwide | Owens & Minor Inc, Cardinal Health Inc, 3M Co, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Mölnlycke Health Care, Hartmann Holdings, Medtronic PLC, CPT Medical |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.7% of the global procedure trays market in 2023.
- Globally, North America 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 13,583.6 million by 2030.
Or was the largest segment with a revenue share of 57.7% in 2023. Horizon Databook has segmented the Middle East & Africa procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.
The total Middle East and Africa region market is anticipated to grow at a CAGR of 7.2%. The Middle East is considered as one of the richest economies in the world and exhibits rapid development in healthcare expenditure. The growing penetration of healthcare insurance and improving healthcare infrastructure are expected to provide lucrative opportunities for new entrants in this region.
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Procedure Trays Market Scope
Procedure Trays Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CPT Medical | View profile | 51-100 | Greenville, South Carolina, United States, North America | https://cptmed.com |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| Owens & Minor Inc | View profile | 13700 | 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 | https://www.owens-minor.com |
| Mölnlycke Health Care | View profile | 11-50 | Budapest, Budapest, Hungary, Europe | https://www.molnlycke.hu |
| Hartmann Holdings | View profile | - | Moscow, Moscow City, Russian Federation, Europe | https://www.hartmannholdings.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
MEA procedure trays market size, by country, 2017-2030 (US$M)
Middle East & Africa Procedure Trays Market Outlook Share, 2023 & 2030 (US$M)
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