Middle East & Africa Wound Closure Devices Market Size & Outlook
Middle East & Africa wound closure devices market, 2018-2030 (US$M)
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MEA wound closure devices market highlights
- The MEA wound closure devices market generated a revenue of USD 779.6 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, sutures was the largest revenue generating product in 2023.
- Staples is the most lucrative product 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 779.6 million |
| Market revenue in 2030 | USD 1,198.4 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Sutures |
| Fastest growing segment | Staples |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adhesives, Staples, Sutures, Strips, Mechanical wound closure devices |
| Key market players worldwide | 3M Co, Johnson & Johnson, B. Braun, Medtronic PLC, Baxter International Inc, Integra LifeSciences, Smith & Nephew PLC |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.9% of the global wound closure 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 5,892.9 million by 2030.
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Wound Closure Devices Market Scope
Wound Closure Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa wound closure 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 wound closure devices market will help companies and investors design strategic landscapes.
Sutures was the largest segment with a revenue share of 37.37% in 2023. Horizon Databook has segmented the Middle East & Africa wound closure devices market based on adhesives, staples, sutures, strips, mechanical wound closure devices covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East and Africa market is expected to grow considerably over the forecast period. The countries with significant growth rate in this region are South Africa, Saudi Arabia, UAE, and Egypt. Factors that can be attributed to the growth of MEA wound closure & advanced wound care market are growing geriatric population, increasing number of surgeries, and rising incidence of sports-related injuries.
With increasing government initiatives to develop healthcare infrastructure, the region is expected to witness a rise in number of surgeries, leading to an increase in demand for wound care products for postoperative care.
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Our clientele includes a mix of wound closure 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 wound closure devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa wound closure devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA wound closure devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Wound Closure Devices Market Outlook Share, 2023 & 2030 (US$M)
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