ID: MRFR/MED/2035-HCR | 65 Pages | Published By Kinjoll Dey on March 2023
Middle East and Africa Critical Care Equipment Market ScenarioMiddle East and Africa critical care equipment market was about US$ 681.2 million in 2016 and expected to reach growing at the CAGR of 6.60% during the forecast period 2022-2030. Critical care also known as intensive care is an essential medical practice to cure severe injuries or life-threatening medical conditions. In critical care unit (CCU), medical professionals monitor and treat patient under controlled conditions with the help of critical care equipment. Critical care equipment are very useful to monitor and get accurate information about patient’s health conditions. These equipment provide life support to patients after they have gone through a major surgery, injury or have faced life threatening injuries. Healthcare expenditure is growing in Middle East and Africa region which comprise about 2% of the global healthcare expenditure. Developing healthcare infrastructure, technological advance facilities, government initiatives to improve the healthcare sector and growing cases of non-communicable diseases are driving the growth of the critical care equipment market in Middle East and Africa. Middle East and Africa Critical Care Equipment Market by End Users
Key Players for Middle East and Africa Critical Care Equipment Market:Â Â Â
Some of the key players in this market are namely Johnson & Johnson Services, Inc. (US), General Electric Company (US), Medtronic (Republic of Ireland), Siemens Healthcare Private Limited (Germany), Baxter (US), Koninklijke Philips N.V. (Netherlands)Segments:     Middle East and Africa critical care equipment market has been segmented on the basis of type of equipment which includes patient monitor, medical ventilator, dialysis, iv pumps, infusion pump, suction apparatus, and others. On the basis of end user the market is segmented into hospitals, research laboratories and others.  Regional Analysis of Critical Care Equipment Market:    Considering the scenario of Middle East and Africa critical care equipment market, UAE region is believed to be the largest market for the same in the above mentioned region.  Moreover, Saudi Arabia market is also growing and is the second largest market for critical care equipment. On the other hand, Egypt’s market is expected to grow at a steady pace in the Middle-East critical care equipment market in future. Rest of the Middle East and Africa region is likely to have a limited but steady growth in the market. The report of Middle East and Africa critical care equipment market by Market Research Future comprises extensive primary research along with detail analyses of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to estimated terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the market’s segments and regions.Study Objectives of Critical Care Equipment Market:
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | Significant Value |
CAGR | 6.60% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type and End users |
Geographies Covered | UAE, Saudi Arabia, Egypt |
Key Vendors | Johnson & Johnson Services, Inc. (US), General Electric Company (US), Medtronic (Republic of Ireland), Siemens Healthcare Private Limited (Germany), Baxter (US), Koninklijke Philips N.V. (Netherlands) |
Key Market Opportunities | Joint ventures, strategic alliances, mergers and acquisitions, new product developments |
Key Market Drivers | Developing healthcare infrastructure, technological advance facilities, government initiatives to improve the healthcare sector |