Middle East & Africa Surgical Microscopes Market Size & Outlook
Middle East & Africa surgical microscopes market, 2018-2030 (US$M)
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MEA surgical microscopes market highlights
- The MEA surgical microscopes market generated a revenue of USD 14.6 million in 2023.
- The market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Outpatient Facilities is the most lucrative end use 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 14.6 million |
| Market revenue in 2030 | USD 27.6 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Outpatient Facilities |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities |
| Key market players worldwide | Carl Zeiss Meditec AG, Danaher Corp, Olympus Corp, Metall Zug Ltd Class B, Synaptive Medical, Alcon Inc, Topcon Corp, Takagi Seiko, Seiler Instrument & Mfg. Co. Inc. |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.8% of the global surgical microscopes 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 328.8 million by 2030.
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Surgical Microscopes Market Scope
Surgical Microscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa surgical microscopes 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 surgical microscopes market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 60.96% in 2023. Horizon Databook has segmented the Middle East & Africa surgical microscopes market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of global market players, rising incidence of eye & otorhinolaryngology diseases, growing demand for cosmetic & dental procedures, and increasing healthcare expenditure are some of the key factors driving the market growth. Surgical microscopes by Leica Microsystems and other major players are available in the region through distributors.
In addition, companies such as Prescott’s, Inc. are providing refurbished and rental surgical microscopes in the region. Countries such as Algeria, Iran, Iraq, Jordan, Libya, West Bank & Gaza, and Yemen are included in this region. Middle Eastern countries such as Saudi Arabia, Qatar, UAE, Kuwait, and Oman are prospering economies.
Advancements in healthcare system are expected to increase the demand for surgical microscopes in this region. On the contrary, some countries in the African region lack proper healthcare infrastructure. However, these countries are undertaking initiatives and are coordinating with the WHO or other independent organizations.
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Our clientele includes a mix of surgical microscopes 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 surgical microscopes market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa surgical microscopes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA surgical microscopes market size, by country, 2018-2030 (US$M)
Middle East & Africa Surgical Microscopes Market Outlook Share, 2023 & 2030 (US$M)
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