Hospitals Segment to Dominate Middle East & Africa Cardiovascular Devices market Forecast to 2028 during 2019–2028

According to a new market research study on the Middle East & Africa Cardiovascular Devices market Forecast to 2028 –– by device, application vertical and countries is expected to reach US$  4,867.10 million by 2028 from US$  3,184.65 million in 2021. The market is estimated to grow at a CAGR of 6.2% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa Cardiovascular Devices market along with the drivers and restraints pertaining to the market growth. Increasing prevalence of cardiovascular diseases is the major factor driving the growth of the Middle East & Africa Cardiovascular Devices market. However, issues associated with high cost of products and procedures the growth of Middle East & Africa Cardiovascular Devices market.

The Middle East & Africa Cardiovascular Devices market segmented into device, application, end user and country. Based on device the Middle East & Africa Cardiovascular Devices market is segmented into electrocardiography (ECG), pacemaker, stent, defibrillator, cardiac catheter, guidewire, heart valve, event monitor, and others. The event monitor segment is dominated Middle East & Africa Cardiovascular Devices market in 2020.Based on application the Middle East & Africa Cardiovascular Devices market segmented into coronary heart disease, sudden cardiac arrest, stroke, cerebrovascular heart disease and others. The coronary heart disease segment Middle East & Africa Cardiovascular Devices market Dominated in 2020. Based on end user the Middle East & Africa Cardiovascular Devices market segmented into hospitals, ambulatory surgery centers and cardiac centers. The hospitals segment is dominated Middle East & Africa Cardiovascular Devices market in 2020.Based on country, The Middle East & Africa Cardiovascular Devices market segmented into Saudi Arabia, UAE, South Africa and RoMEA. The Saudi Arabia is dominated the Middle East & Africa Cardiovascular Devices market in 2020.

Medtronic, Boston Scientific Corporation, Abbott, Jhonson and Jhonson Service Inc, General Electric Company,Koninlijke Philips N.V, Siemens Healthineers AG, BD,B.Bruna melsungen AG  and Edwards Lifesciences Corporation are among the leading companies in Middle East & Africa Cardiovascular Devices market. For instance, Apr-2021 Siemens Healthineers announced the completion of its acquisition of Varian Medical Systems. In August, the companies announced that Siemens would acquire Varian in a $16.4 billion deal to create what the companies said will be the most comprehensive cancer care portfolio in the industry.The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in dynamic market.

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