Middle East & Africa Temperature Modulation Devices Market Size & Outlook
Middle East & Africa temperature modulation devices, 2018-2030 (US$M)
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MEA temperature modulation devices highlights
- The MEA temperature modulation devices generated a revenue of USD 96.4 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems 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 96.4 million |
| Market revenue in 2030 | USD 140.1 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global temperature modulation devices 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 1,117.3 million by 2030.
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Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa temperature modulation devices 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 temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.8% in 2023. Horizon Databook has segmented the Middle East & Africa temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The temperature modulation devices market in the MEA is growing rapidly due to the high prevalence of cardiac diseases. With more people suffering from cardiovascular conditions, the demand for effective management options like temperature modulation devices is growing rapidly.
The significant funding of USD 10.89 million for 53 research projects in 2021 across various sectors also shows the commitment of MEA governments to advance medical technologies. These efforts are expected to drive growth in the MEA temperature modulation devices market further.
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Target buyers of Middle East & Africa temperature modulation devices databook
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Our clientele includes a mix of temperature modulation devices companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 temperature modulation devices, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA temperature modulation devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Temperature Modulation Devices Share, 2023 & 2030 (US$M)
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