The Middle East & Africa gastric buttons market is expected to grow from US$ 20.32 million in 2022 to US$ 29.29 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2022 to 2028.
Collective Untapped Potential of Emerging Economies to Boost Market Growth in Coming Years
The sales of gastric buttons are triggered by the rise in demand for better delivery systems for enteral nutrition (EN) and enteral feeding in home care settings. Leading players in the gastric buttons market are focused on increasing their penetration across emerging markets through the reinforcement and flourishment of their distribution networks, and augmentation of manufacturing capabilities. These initiatives by companies can be attributed to the rise in the aging population; high prevalence of cancer, neurological disorders, diabetes, and gastrointestinal diseases; increased disposable income; improved healthcare infrastructure; and growth of medical tourism in these countries. Thus, elevated investments in life science and healthcare research in emerging countries play a key role in the upgrading of the technology landscape in these countries. This factor, in turn, will support the gastric button market in the Middle East & Africa during the forecast period.
Middle East & Africa Gastric Buttons Market Overview
The Middle East & Africa Gastric Buttons Market is categorized into the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. In 2021, Saudi Arabia was the largest market for gastric buttons in this region. The gastric buttons market in the Middle East & Africa is anticipated to grow at a CAGR of 6.3% during the forecast period. The projected market progress is due to the increasing incidences of cancer, neurological disorders, stroke, and paralysis across the region. Moreover, advancements in healthcare facilities help propel the market growth in this region.
Middle East & Africa Gastric Buttons Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Gastric Buttons Market Segmentation
The Middle East & Africa gastric buttons market is segmented based on offerings, application, usage, end user, and country. Based on offerings, the Middle East & Africa gastric buttons market is bifurcated into products and accessories. The products segment held a larger market share in 2022. Further, accessories are segmented into button feeding sets, button decompression sets, and others.
Based on application, the Middle East & Africa gastric buttons market is bifurcated into children and adults. The children molding segment held a larger market share in 2022.
Based on usage, the Middle East & Africa gastric buttons market is segmented into enteral nutrition, medications, fluids, and others. The enteral nutrition segment held the largest market share in 2022.
Based on end user, the Middle East & Africa gastric buttons market is segmented into hospitals, clinics, and others. The hospitals segment held the largest market share in 2022
Based on country, the Middle East & Africa gastric buttons market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa gastric buttons market share in 2022.
Avanos Medical Inc., Boston Scientific Corp, QMD, Vygon (UK) Ltd, and Fresenius Kabi AG are the leading companies operating in the Middle East & Africa gastric buttons market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 20.32 Million |
| Market Size by 2028 | US$ 29.29 Million |
| CAGR (2022 - 2028) | 6.3% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Offerings
|
|
Regions and Countries Covered
|
|
| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
|
The Middle East & Africa Gastric Buttons Market is valued at US$ 20.32 Million in 2022, it is projected to reach US$ 29.29 Million by 2028.
As per our report Middle East & Africa Gastric Buttons Market, the market size is valued at US$ 20.32 Million in 2022, projecting it to reach US$ 29.29 Million by 2028. This translates to a CAGR of approximately 6.3% during the forecast period.
The Middle East & Africa Gastric Buttons Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Gastric Buttons Market report:
The Middle East & Africa Gastric Buttons Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Gastric Buttons Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Gastric Buttons Market value chain can benefit from the information contained in a comprehensive market report.
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