Middle East & Africa Medical Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (In Vitro Diagnostics (IVD), Surgical Device, General Medical devices, Cardivascular devices, Orthopedic, Infection control devices, Ophthalmology, Endoscopy, Neurology, Others); Function (Diagnostic and Monitoring, Surgical, Therapeutics, Others), End Use (Hospital, Ambulatory Care, Homecare, Others) and Country

Code: TIPRE00016218 | Pages: 108 | Industry: Medical Device | Date: Nov 2020 | Type: Regional

Market Introduction

This research report provides insights into the Middle East & Africa Medical Devices market. A medical device can be a machine, instrument, apparatus, an article that is used to diagnose, monitor, and therapeutic purposes. A medical device plays an essential role, such as detection, measurement, restoration, and modification of the structure or a function of the body due to health problems or chronic medical conditions. There are various types of medical devices, which include glasses, pacemakers, wheelchairs, X-ray machines, MRI, CT scans, and many more.

 


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Market Overview and Dynamics

The Middle East & Africa Medical Devices is expected to reach US$ 21,802.3 million in 2027 from US$ 16,597.4 million in 2019; it is estimated to grow at a CAGR of 3.6% from 2020 to 2027. The Middle East & Africa region is witnessing significant growth in its healthcare sector. Middle East & Africa consists of three major countries namely United Arab Emirates (UAE), Saudi Arabia and South Africa. The market is driven by the factors such as increasing government initiatives, growing number of research and development activities, and increasing number of market players in the region. The government of Saudi Arabia is promoting and offering several incentives for domestic manufacturing for the medical devices, which in turn can drive the overall market growth in this country. In December 2019, Saudi Arabia’s Food and Drug Authority launched a single platform to submit and authorize new medical applications. This single platform enables a single point of contact to deal with stringent regulations and guidelines, which will eventually increase the number of medical devices introductions in the market, leading to Saudi Arabia medical devices market growth. Further, the government and other organizations conduct conferences, symposiums, and meetings to educate the population and spread awareness about the technologically advanced and high standard medical device available in the market. For instance, the country organized a meeting on Parkinson's Disease and Other Movement Disorders in Jeddah in April 2019. After the success of this meeting, in November 2020, the 3rd Saudi Movement Disorders Conference will be held In Jeddah to focus on more therapies in the treatment of Parkinson's disease and other movement disorders. These constructive factors are projected to drive the Saudi Arabia medical devices market during the forecast period.

Key Market Segments

In terms of product type, the In Vitro Diagnostics (IVD) segment held the largest share of the market in 2019; However, neurology devices is estimated to register the highest CAGR of 8.8% in the market during the forecast period. The growing hospital incidences of hospital acquired infections and new developments by the market players is likely to drive the market growth. In terms of function, the Diagnostic and Monitoring segment held a larger share of the market in 2019 and surgical segment is estimated to register a higher market share in the market during the forecast period. In terms of end use, the hospital segment held a larger share of the market in 2019 and also is estimated to register a higher market share in the market during the forecast period.

Major Sources and Companies Listed

The World Health Organization (WHO), Food and Drug Administration (FDA), are some of the major primary and secondary sources for the Middle East & Africa Medical Devices market included in the report.

Reasons to buy the report

  • To understand the Middle East & Africa Medical Devices market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the Middle East & Africa Medical Devices market
  • Efficiently plan M&A and partnership deals in the Middle East & Africa Medical Devices market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the Middle East & Africa Medical Devices market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

Middle East & Africa Medical Devices Market Segmentation

By Product Type

  • In Vitro Diagnostics (IVD)
  • Surgical Device
    • Minimally invasive surgery instruments
    • Electrosurgical Generators
    • Ultrasonic Surgical Generators
    • Others
  • General Medical devices
  • Cardivascular devices
  • Orthopedic
  • Infection control devices
  • Ophthalmology
  • Endoscopy
  • Neurology
  • Others

By Function

  • Diagnostic and Monitoring
  • Surgical
  • Therapeutics
  • Others

By End Use

  • Hospital
  • Ambulatory Care
  • Homecare
  • Others

Company Profiles

  • Medtronic
  • Abbott
  • Boston Scientific Corporation
  • Braun Melsungen AG
  • 3M
  • General Electric Company
  • Stryker Corporation
  • Koninklijke Philips N.V.
  • Siemens AG;
  • Johnson and Johnson Services, Inc.
 

1.             Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Medical Devices Market – By Product Type

1.3.2        Medical Devices Market – By Function

1.3.3        Medical Devices Market – By End User

1.3.4        MEA Medical Devices Market – By Geography

2.             Medical Devices Market – Key Takeaways

2.1       Coverage

2.2       Secondary Research

2.3       Primary Research

3.             Medical Devices Market – Market Landscape

3.1       Overview

3.2       PEST Analysis

3.2.1        South and Central America

3.3       Expert Opinion

4.             Medical Devices Market – Key Market Dynamics

4.1       Market Drivers

4.1.1        Rising Chronic Disease Prevalence

4.2       Market Restraints

4.2.1        Challenges in Medical Device Industry

4.3       Market Opportunities

4.3.1        Rising Government Support on Medical Technologies

4.4       Future Trends

4.4.1        Smart Medical Devices Revolutionising Medical Device Industry

4.5       Impact Analysis

5.             Medical Device Market Analysis – By Product Type

5.1       Overview

5.2       Medical Devices Market Share, by Product Type, 2019 and 2027 (%)

5.4       Infection Control Devices

5.4.1        Overview

5.4.2        Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

5.5       General Medical Devices

5.5.1        Overview

5.5.2        General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

5.6       Cardiovascular Devices

5.6.1        Overview

5.6.2        Cardiovascular Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

5.7       Neurological Devices

5.7.1        Overview

5.7.2        Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

5.8       Ophthalmology Devices

5.8.1        Overview

5.8.2        Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027  (US$ Million)

5.9       Orthopedic Devices

5.9.1        Overview

5.9.2        Orthopedic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

5.10    In-vitro Diagnostic Devices

5.10.1     Overview

5.10.2     In-vitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

5.11    Endoscopy Devices

5.11.1     Overview

5.11.2     Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

5.12    Others

5.12.1     Overview

5.12.2     Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

6.             Medical Devices Market– By Function

6.1       Overview

6.2       Medical Devices Market Share, by Function, 2019 and 2027 (%)

6.3       Diagnostic and Monitoring

6.3.1        Overview

6.3.2        Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

6.4       Therapeutics

6.4.1        Overview

6.4.2        Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

6.5       Surgical

6.5.1        Overview

6.5.2        Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

6.6       Others

6.6.1        Overview

6.6.2        Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

7.             Medical Device Market Analysis – By End User

7.1       Overview

7.2       Medical Device Market Share, by End User, 2019 and 2027, (%)

7.3       Hospitals

7.3.1        Overview

7.3.2        Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

7.4       Homecare

7.4.1        Overview

7.4.2        Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

7.5       Ambulatory Care

7.5.1        Overview

7.5.2        Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

7.6       Others

7.6.1        Overview

7.6.2        Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

8.             Medical Devices Market – Geographic Analysis

8.1       Middle East & Africa: Medical Devices Market

8.1.1        Overview

8.1.2        Middle East & Africa: Medical Devices Market - Revenue and Forecast to 2027 (US$ Million)

8.1.3        Middle East & Africa Medical Devices Market, by Product Type – Revenue and Forecast to 2027  (USD Million)

8.1.3.1      Middle East & Africa Medical Devices Market, by Surgical Device – Revenue and Forecast to 2027 (USD Million)

8.1.4        Middle East & Africa Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

8.1.5        Middle East & Africa Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

8.1.6        Middle East & Africa: Medical Devices Market, by Country, 2019 & 2027 (%)

8.1.6.1      Saudi Arabia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

8.1.6.2      Saudi Arabia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

8.1.6.2.1       Saudi Arabia Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

8.1.6.2.1.1           Saudi Arabia Medical Devices Market, by Surgical Device – Revenue and Forecast to 2027 (USD Million)

8.1.6.2.2       Saudi Arabia Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

8.1.6.2.3       Saudi Arabia Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

8.1.6.3      UAE: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

8.1.6.3.1       UAE: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

8.1.6.3.2       UAE Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

8.1.6.3.2.1           UAE Medical Devices Market, by Surgical Device – Revenue and Forecast to 2027 (USD Million)

8.1.6.3.3       UAE Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

8.1.6.3.4       UAE Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

8.1.6.4      South Africa: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

8.1.6.4.1       South Africa: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

8.1.6.4.2       South Africa Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

8.1.6.4.2.1           South Africa Medical Devices Market, by Surgical Device – Revenue and Forecast to 2027 (USD Million)

8.1.6.4.3       South Africa Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

8.1.6.4.4       South Africa Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

9.             Impact Of COVID-19 Pandemic On MEA Medical Devices Market

9.1       Middle East & Africa: Impact Assessment of COVID-19 Pandemic

10.          COMPANY PROFILES

10.1    Medtronic

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2    Abbott

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3    Boston Scientific Corporation

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4    Braun Melsungen AG

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5    3M

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6    General Electric Company

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products and Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.6.6     Key Developments

10.7    Stryker Corporation

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.7.6     Key Developments

10.8    Koninklijke Philips N.V.

10.8.1     Key Facts

10.8.2     Business Description

10.8.3     Products and Services

10.8.4     Financial Overview

10.8.5     SWOT Analysis

10.8.6     Key Developments

10.9    Siemens AG

10.9.1     Key Facts

10.9.2     Business Description

10.9.3     Products and Services

10.9.4     Financial Overview

10.9.5     SWOT Analysis

10.9.6     Key Developments

10.10 Johnson and Johnson Services, Inc.

10.10.1   Key Facts

10.10.2   Business Description

10.10.3   Products and Services

10.10.4   Financial Overview

10.10.5   SWOT Analysis

10.10.6   Key Developments

11.          Appendix

11.1    Glossary of Terms


 

LIST OF TABLES

Table 1.             Middle East & Africa Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 2.             Middle East & Africa Medical Devices Market, by Surgical Device– Revenue and Forecast to 2027 (USD Million)

Table 3.             Middle East & Africa Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

Table 4.             Middle East & Africa Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 5.             Saudi Arabia Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 6.             Saudi Arabia Medical Devices Market, by Surgical Device – Revenue and Forecast to 2027 (USD Million)

Table 7.             Saudi Arabia Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

Table 8.             Saudi Arabia Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 9.             UAE Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 10.          UAE Medical Devices Market, by Surgical Device– Revenue and Forecast to 2027 (USD Million)

Table 11.          UAE Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

Table 12.          UAE Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 13.          South Africa Medical Devices Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 14.          South Africa Medical Devices Market, by Surgical Device – Revenue and Forecast to 2027 (USD Million)

Table 15.          South Africa Medical Devices Market, by Function – Revenue and Forecast to 2027 (USD Million)

Table 16.          South Africa Medical Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 17.          Glossary of Terms, Medical Devices Market4

 


LIST OF FIGURES

Figure 1.           Medical Devices Market Segmentation

Figure 2.           Medical Devices Market – By Geography

Figure 3.           Medical Devices Market Overview

Figure 4.           In Vitro Diagnostics (IVD) Segment Held Largest Share of Medical Devices Market in 2019

Figure 6.           Research Methodology

Figure 7.           South and Central America PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Medical Devices Market Impact Analysis of Driver and Restraints

Figure 10.        Medical devices market Share, by Product Type, 2019 and 2027 (%)

Figure 11.        Infection Control Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 12.        General Medical Devices: Medical Devices Market– Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Cardiovascular Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Neurological Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Ophthalmology Devices: Medical Devices Market – Revenue and Forecast to 2027  (US$ Million)

Figure 16.        Orthopedic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Invitro Diagnostic Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Endoscopy Devices: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Others: Medical Devices Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Medical Devices Market Share, by Function, 2019 and 2027 (%)

Figure 21.        Diagnostic and Monitoring: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 22.        Therapeutics: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 23.        Surgical: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 24.        Others: Medical Devices Market– Revenue and Forecast to 2027 (USD Million)

Figure 25.        Medical Device Market Share, by End User, 2019 and 2027 (%)

Figure 26.        Hospitals: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        Homecare: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Ambulatory Care: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.        Others: Medical Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Middle East & Africa: Medical Devices Market, by Key Country – Revenue (2019) (USD Million)

Figure 31.        Middle East & Africa Medical Devices Market Revenue and Forecast to 2027 (USD Million)

Figure 32.        Middle East & Africa: Medical Devices Market, by Country, 2019 & 2027 (%)

Figure 33.        Saudi Arabia: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 34.        UAE: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 35.        South Africa: Medical Devices Market – Revenue and Forecast to 2027 (USD Million)

Figure 36.        Impact Of COVID-19 Pandemic In Rest of the World Market

 

The List of Companies - Medical Devices Market

  1. Medtronic
  2. Abbott
  3. Boston Scientific Corporation
  4. Braun Melsungen AG
  5. 3M
  6. General Electric Company
  7. Stryker Corporation
  8. Koninklijke Philips N.V.
  9. Siemens AG;
  10. Johnson and Johnson Services, Inc.
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