At 4.7% CAGR, Middle East & Africa Medical Cables Market is Projected to be Worth US$ 682.24 Million by 2031 says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa medical cables market was valued at US$ 471.95 million in 2023 and is expected to reach US$ 682.24 million by 2031, registering a CAGR of 4.7% from 2023 to 2031. Increase in chronic diseases and strategic initiatives by market players are among the critical factors attributed to drive the Middle East & Africa medical cables market.

Chronic conditions, such as respiratory disorders, cardiovascular diseases, and kidney diseases, require ongoing monitoring and management, which fuels the demand for medical devices and, consequently, for medical cables. According to the World Health Organization (WHO) Noncommunicable Diseases Factsheet 2023, chronic diseases account for 41 million global deaths each year, equivalent to 74% of global deaths, with cardiovascular diseases causing 17.9 million deaths annually, followed by cancers (9.3 million) and chronic respiratory diseases (4.1 million). The surging prevalence of heart disease has led to an increased use of portable ECG monitors, which are essential for tracking heart health in patients with cardiovascular conditions. These devices use medical cables to connect electrodes and transmit data for analysis, driving the demand for medical cables designed for heart monitoring devices.

Chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD) and asthma, require regular monitoring of oxygen levels and lung function. Devices such as portable oxygen concentrators and pulse oximeters, which rely on cables for power and signal transmission, are in higher demand. As per the American Lung Association, COPD is the fourth leading cause of death globally, which affected 11.7 million adults in 2022. Therefore, the rising incidence of chronic diseases is directly driving the demand for medical devices that require reliable and high-performance medical cables. These devices play a critical role in monitoring, diagnosing, and managing chronic conditions. As their use continues to expand, the demand for specialized cables that ensure optimal device functionality rises.

On the contrary, the development of wireless devices hampers the growth of Middle East & Africa medical cables market.

Based on type, the Middle East & Africa medical cables market is segmented into disposable medical cable, reusable medical cables, and custom medical cables. The reusable medical cables segment held 61.3% market share in 2023, amassing US$ 289.18 million. It is projected to garner US$ 415.65 million by 2031 to register 4.6% CAGR during 2023–2031.

In terms of application, the Middle East & Africa medical cables market is categorized into diagnostics, motorized equipment, patient monitoring, surgical and life support, and others. The surgical and life support segment held 31.6% share of Middle East & Africa medical cables market in 2023, amassing US$ 149.05 million. It is anticipated to garner US$ 223.71 million by 2031 to expand at 5.2% CAGR during 2023–2031. Further, the diagnostics is sub segmented into ultrasound cables, endoscopy cables, patient interface cables, and others. Additionally, patient monitoring is segmented into ECG cables, SpO2 cables, NiBP cables, EEG Cables, and others. Furthermore, surgical and life support is categorized into fiber optics, modular local area network, and others.

In terms of end user, the Middle East & Africa medical cables market is categorized into hospitals and clinics, diagnostic laboratories and imaging, and ambulatory surgical centers. The hospitals and clinics segment held 48.0% share of Middle East & Africa medical cables market in 2023, amassing US$ 226.45 million. It is projected to garner US$ 339.86 million by 2031 to expand at 5.2% CAGR from 2023 to 2031.

Based on country, the Middle East & Africa medical cables market is categorized into the Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 29.5% share of Middle East & Africa medical cables market in 2023. It was assessed at US$ 172.04 million in 2023 and is likely to hit US$ 262.43 million by 2031, registering a CAGR of 5.4% during 2023–2031.

Key players operating in the medical cables market are TE Connectivity Ltd; Shenzhen Yong Qiang Fu Industry Co., Ltd; Spacelabs Healthcare; Ametek Inc; ATL Technology; Amphenol Alden Products; Molex LLC; and New V-Key Technology Co., Ltd. among others.

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