Middle East & Africa Steerable Sheaths Market Size & Outlook
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MEA steerable sheaths market highlights
- The MEA steerable sheaths market generated a revenue of USD 31.3 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, single-use steerable sheaths was the largest revenue generating type in 2023.
- Single-use Steerable Sheaths is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 31.3 million |
| Market revenue in 2030 | USD 45.0 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Single-use steerable sheaths |
| Fastest growing segment | Single-use Steerable Sheaths |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-use Steerable Sheaths, Reprocessed Steerable Sheaths |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, Johnson & Johnson, Integer Holdings Corp, Merit Medical Systems Inc, Terumo Corp, Oscar Health Inc Class A |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.9% of the global steerable sheaths 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 356.4 million by 2030.
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Steerable Sheaths Market Scope
Steerable Sheaths Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| Integer Holdings Corp | View profile | 10500 | 5830 Granite Parkway, Suite 1150, Plano, TX, United States, 75024 | https://www.integer.net |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Oscar Health Inc Class A | View profile | 2400 | 75 Varick Street, 5th Floor, New York, NY, United States, 10013 | https://www.hioscar.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Middle East & Africa steerable sheaths 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 steerable sheaths market will help companies and investors design strategic landscapes.
Single-use steerable sheaths was the largest segment with a revenue share of 95.85% in 2023. Horizon Databook has segmented the Middle East & Africa steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.
The regulatory landscape for steerable sheaths in the Middle East and Africa is diverse, with individual countries having their regulatory frameworks. For example, the Saudi Food and Drug Authority (SFDA) regulates medical devices
such as introducer sheaths, in Saudi Arabia. Moreover, within UAE, Ministry of Health and Prevention (MoHAP) regulates medical devices through its Department of Health Regulation (DoHR).
Furthermore, the South African Health Products Regulatory Authority (SAHPRA) regulates medical devices, such as steerable sheaths, in South Africa. These devices are often classified under class C or class D.
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Our clientele includes a mix of steerable sheaths 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 steerable sheaths market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA steerable sheaths market size, by country, 2018-2030 (US$M)
Middle East & Africa Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)
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