Middle East and Africa Cardiovascular Needle Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Round-Bodied Needles, and Cutting Needles); Application (Open Heart Surgery, and Cardiac Valve Procedures); Usage (Single Use, and Multiple Uses); End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Cardiovascular Centers)
Market Introduction
The cardiovascular needles are used during a number of cardiovascular surgeries such as open-heart surgery, cardiac valve procedures, heart transplant, coronary artery bypass graft surgery, and many more surgeries need surgical needles. These cardiovascular needles are of two types: single use or eyeless needles and multiple use or eyed needles. Cardiovascular needles are manufactured from new stainless-steel alloys containing high concentrations of nickel, Surgalloy and Ethalloy.
Thus, the increasing prevalence of cardiovascular diseases are expected to create a significant demand for cardiovascular needle in the coming years, which is further anticipated to drive the cardiovascular needle market.
The coronavirus has had a significant impact in the Middle East and Africa. The pandemic has increased demand for medical devices, which can use in-home care. The region is witnessing an increase in the number of patients being admitted to intensive care units (ICU), an increasing number of drugs that pose multiple diagnostic and therapeutic challenges to strained health systems, leading to an increase in medical devices. Radiologists in South Africa have the highest number of COVID-19 infections in the country. You have seen changes in staff assignments and working hours and the implementation of strict infection control and social distancing measures. In addition, they face mental, physical, emotional, and financial challenges. Heart patients, especially those with heart failure and implantable devices, are at increased risk of COVID-19 morbidity and mortality. In addition, there is growing evidence that COVD-19 has significant and even long-term effects on the heart that can lead to an echo pandemic of patients with heart failure. With the ever-increasing costs associated with health care enrollment and the social distancing imposed by COVID-19. For this reason, market is going to have a negative impact in the review period.
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Market Overview and Dynamics
The cardiovascular needle market in Middle East and Africa is expected to grow from US$ 3,968.2 thousands in 2021 to US$ 6,189.7 thousands by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028. Elderly people are at a high risk of heart diseases due to weakened immunity and other health issues. In general, aging leads to stiffening of heart muscles and blood vessels; moreover, the systolic blood pressure rises with aging. Thus, the people with the age 75 and above commonly suffer from hypertension, which may subsequently cause coronary artery disease and heart failure. According to the United Nation’s World Population Ageing 2017 report, around 962 million people were aged 60 years or above, and the number is expected to reach ~2.1 billion by 2050. The elderly population is known to have an atypical presentation of illness along with comorbidities and unfavourable outcomes. The major reason for the disease is related to age-related structural and functional changes in the cardiovascular system. Thus, the rising geriatric population, coupled with the surge in CVD prevalence among these people, is driving the cardiovascular needles market growth.
Key Market Segments
In terms of type, the round-bodied needles segment accounted for the largest share of the Middle East and Africa cardiovascular needle market in 2020. In terms of application, the open-heart surgery segment accounted for the largest share of the Middle East and Africa cardiovascular needle market in 2020. In terms of usage, the single use segment accounted for the largest share of the Middle East and Africa cardiovascular needle market in 2020. In terms of end user, the hospitals and clinics segment accounted for the largest share of the Middle East and Africa cardiovascular needle market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the cardiovascular needle market in Middle East and Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Ethicon (Johnson & Johnson Services, Inc.), MANI, INC., Barber of Sheffield, FSSB surgical needles GmbH, Medtronic, Teleflex Incorporated, Meril Life Sciences Pvt. Ltd., CP Medical, and SMB Corporation of India.
Reasons to buy report
- To understand the Middle East and Africa Cardiovascular needle market landscape and identify market segments that are most likely to guarantee a strong return
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- Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East and Africa region.
Middle East and Africa Cardiovascular Needle Market Segmentation
By Application
- Open Heart Surgery
- Cardiac Valve Procedures
By Usage
- Single Use
- Multiple Uses
By End User
- Hospitals and Clinics
- Ambulatory Surgical Centres
- Cardiovascular Centres
By Country
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Companies Mentioned
- Ethicon (Johnson & Johnson Services, Inc.)
- MANI, INC
- Barber of Sheffield
- FSSB surgical needles GmbH
- Medtronic
- Teleflex Incorporated
- Meril Life Sciences Pvt. Ltd.
- CP Medical
- SMB Corporation of India
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Cardiovascular Needle Market – By Type
1.3.2 Cardiovascular Needle Market – By Application
1.3.3 Cardiovascular Needle Market – By Usage
1.3.4 Cardiovascular Needle Market – By End User
1.3.5 Middle East and Africa Cardiovascular Needle Market – By Country
2. Middle East and Africa Cardiovascular Needle Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East and Africa Cardiovascular Needle Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Cardiovascular Needle Market- Middle East and Africa PEST Analysis
4.3 Expert Opinion
5. Middle East and Africa Cardiovascular Needle Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Cardiovascular Diseases
5.1.2 Rise in Elderly Population
5.2 Key Market Restraints
5.2.1 Preference for Surgical Staples over Needles
5.3 Key Market Opportunities
5.3.1 Growth Opportunities in Developing Nations
5.4 Future Trends
5.4.1 Proliferation of MedTech Industry
5.5 Impact Analysis
6. Cardiovascular Needle Market – Middle East and Africa Analysis
6.1 Middle East and Africa Cardiovascular Needle Market Revenue Forecasts and Analysis
7. Middle East and Africa Cardiovascular Needle Market Analysis and Forecasts To 2028 – By Type
7.1 Overview
7.2 Cardiovascular Needle Market Revenue Share, by Type (2020 and 2028)
7.3 Round-Bodied Needles
7.3.1 Overview
7.3.2 Round-Bodied Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
7.4 Cutting Needles
7.4.1 Overview
7.4.2 Cutting Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
8. Middle East and Africa Cardiovascular Needle Market Analysis and Forecasts To 2028 – By Application
8.1 Overview
8.2 Cardiovascular Needle Market Revenue Share, by Application (2020 and 2028)
8.3 Open Heart Surgery
8.3.1 Overview
8.3.2 Open Heart Surgery: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
8.4 Cardiac Valve Procedures
8.4.1 Overview
8.4.2 Cardiac Valve Procedures: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
9. Middle East and Africa Cardiovascular Needle Market Analysis and Forecasts To 2028 – By Usage
9.1 Overview
9.2 Cardiovascular Needle Market Revenue Share, by Usage (2020 and 2028)
9.3 Single Use
9.3.1 Overview
9.3.2 Single Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
9.4 Multiple Use
9.4.1 Overview
9.4.2 Multiple Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
10. Middle East and Africa Cardiovascular Needle Market Analysis and Forecasts To 2028 –By End user
10.1 Overview
10.2 Cardiovascular Needle Market Revenue Share, by End User (2020 and 2028)
10.3 Hospitals and Clinics
10.3.1 Overview
10.3.2 Hospitals and Clinics: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
10.4 Ambulatory Surgical Centers
10.4.1 Overview
10.4.2 Ambulatory Surgical Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
10.5 Cardiovascular Centers
10.5.1 Overview
10.5.2 Cardiovascular Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11. Cardiovascular Needle Market Revenue and Forecasts to 2028 – Geographical Analysis
11.1 Middle East and Africa: Cardiovascular Needle Market
11.1.1 Overview
11.1.2 Middle East and Africa: Cardiovascular Needle Market, by Country, 2021 & 2028 (%)
11.1.2.1 Saudi Arabia: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.1.1 Saudi Arabia: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.1.2 Saudi Arabia: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.1.3 Saudi Arabia: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.1.4 Saudi Arabia: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.1.5 Saudi Arabia: Cardiovascular Needle Market, by End User – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.2 UAE: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.2.1 UAE: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.2.2 UAE: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.2.3 UAE: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.2.4 UAE: Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.2.5 UAE: Cardiovascular Needle Market, by End User – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.3 South Africa: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.3.1 South Africa: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.3.2 South Africa: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.3.3 South Africa: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.3.4 South Africa: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.3.5 South Africa: Cardiovascular Needle Market, by End user– Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.4 Rest of Middle East and Africa: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.4.1 Rest of Middle East and Africa: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.4.2 Rest of Middle East and Africa: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.4.3 Rest of Middle East and Africa: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.4.4 Rest of Middle East and Africa: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
11.1.2.4.5 Rest of Middle East and Africa: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (US$ Thousands)
12. Impact Of COVID-19 Pandemic on Middle East and Africa Cardiovascular Needle Market
12.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
14. Company Profiles
14.1 Ethicon (Johnson & Johnson Services, Inc.)
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 MANI,INC
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Barber of Sheffield
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 FSSB surgical needles GmbH
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Medtronic
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Teleflex Incorporated
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Meril Life Sciences Pvt. Ltd.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 CP Medical
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 SMB Corporation of India
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About the Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Saudi Arabia: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
Table 2. Saudi Arabia: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
Table 3. Saudi Arabia: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
Table 4. Saudi Arabia: Cardiovascular Needle Market, by End User – Revenue and Forecast to 2028 (US$ Thousands)
Table 5. UAE: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
Table 6. UAE: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
Table 7. UAE: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
Table 8. UAE: Cardiovascular Needle Market, by End User – Revenue and Forecast to 2028 (US$ Thousands)
Table 9. South Africa: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
Table 10. South Africa: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
Table 11. South Africa: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
Table 12. South Africa: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (US$ Thousands)
Table 13. Rest of Middle East and Africa: Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (US$ Thousands)
Table 14. Rest of Middle East and Africa: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (US$ Thousands)
Table 15. Rest of Middle East and Africa: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (US$ Thousands)
Table 16. Rest of Middle East and Africa: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (US$ Thousands)
Table 17. Glossary of Terms, Cardiovascular Needle Market
LIST OF FIGURES
Figure 1. Cardiovascular Needle Market Segmentation
Figure 2. Middle East and Africa Cardiovascular Needle Market Overview
Figure 3. Round-Bodied Needles Segment Held Largest Share of Type in Cardiovascular Needle Market
Figure 4. Saudi Arabia is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Cardiovascular Needle Market - Middle East and Africa PEST Analysis
Figure 6. Cardiovascular Needle Market Impact Analysis of Driver and Restraints
Figure 7. Middle East and Africa Cardiovascular Needle Market – Revenue Forecasts and Analysis – 2020- 2028
Figure 8. Cardiovascular Needle Market Revenue Share, by Type (2020 and 2028)
Figure 9. Round-Bodied Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 10. Cutting Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 11. Cardiovascular Needle Market Revenue Share, by Application (2020 and 2028)
Figure 12. Open Heart Surgery: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 13. Cardiac Valve Procedures: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 14. Cardiovascular Needle Market Revenue Share, by Usage (2020 and 2028)
Figure 15. Single Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 16. Multiple Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 17. Cardiovascular Needle Market Revenue Share, by End User (2020 and 2028)
Figure 18. Hospitals and Clinics: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 19. Ambulatory Surgical Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 20. Cardiovascular Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 21. Middle East and Africa: Cardiovascular Needle Market, by Key Country – Revenue (2021) (US$ Thousands)
Figure 22. Middle East and Africa: Cardiovascular Needle Market, by Country, 2021 & 2028 (%)
Figure 23. Saudi Arabia: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 24. UAE: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 25. South Africa: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 26. Rest of Middle East and Africa: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)
Figure 27. Impact of COVID-19 Pandemic in Middle East and African Country Markets
- Ethicon (Johnson & Johnson Services, Inc.)
- MANI, INC
- Barber of Sheffield
- FSSB surgical needles GmbH
- Medtronic
- Teleflex Incorporated
- Meril Life Sciences Pvt. Ltd.
- CP Medical
- SMB Corporation of India
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa cardiovascular needle market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa cardiovascular needle market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the cardiovascular needle market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution