Middle East & Africa Radiofrequency Ablation Devices Market Size & Outlook
Middle East & Africa radiofrequency ablation devices market, 2018-2030 (US$M)
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MEA radiofrequency ablation devices market highlights
- The MEA radiofrequency ablation devices market generated a revenue of USD 532.1 million in 2023.
- The market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, disposable equipment was the largest revenue generating component type in 2023.
- Disposable Equipment is the most lucrative component type 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 532.1 million |
| Market revenue in 2030 | USD 1,145.9 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Disposable equipment |
| Fastest growing segment | Disposable Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable Equipment, Capital Equipment, Reusable Equipment |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Stryker Corp, Abbott Laboratories, Smith & Nephew PLC, Johnson & Johnson, AngioDynamics Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 11.1% of the global radiofrequency ablation 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 2,068.0 million by 2030.
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Radiofrequency Ablation Devices Market Scope
Radiofrequency Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa radiofrequency ablation 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 radiofrequency ablation devices market will help companies and investors design strategic landscapes.
Disposable equipment was the largest segment with a revenue share of 42.79% in 2023. Horizon Databook has segmented the Middle East & Africa radiofrequency ablation devices market based on disposable equipment, capital equipment, reusable equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The radiofrequency ablation devices market in the MEA region was valued at USD 84.1 million in 2018. Factors driving the growth of the market include technological advancements in radiofrequency ablation products, increasing number of ablation procedures, rising prevalence of cancer & cardiovascular diseases, and growing number of hospitals, and surgical & ablation centers.
In the UAE, 4,500 new cases of cancer are diagnosed each year, which is boosting market growth. However, reuse & reprocessing of ablation devices, high cost of these devices, and healthcare cost-containment policies are hindering the growth of the market in this region.
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Our clientele includes a mix of radiofrequency ablation devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa radiofrequency ablation devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa radiofrequency ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA radiofrequency ablation devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Radiofrequency Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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