Market Size of MEA General Surgical Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 11.80 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
MEA General Surgical Devices Market Analysis
The Middle East & Africa general surgical devices market is expected to register a CAGR of nearly 11.8% during the forecast period.
COVID-19 impacted the global healthcare market, particularly the general surgical devices market in the Middle East and Africa region, as hospital admissions and healthcare services were significantly reduced due to government regulations across the region. For instance, an article published by the South African COVID-19 Surgical Outcomes Study (SACOS) in August 2021 reported a reduction in elective outpatient services and overall surgical procedures due to the increased risk of infections. Such instances resulted in a decreased demand for the surgical devices market initially. However, with the end of COVID-19 and the resumption of services, the market is expected to register significant growth over the studied period.
The factors driving the market growth are rising demand for minimally invasive devices and growing cases of injuries and accidents. The high prevalence of chronic illnesses such as cardiovascular diseases, obesity, type 2 diabetes, respiratory diseases, and cancer is increasing in the Middle East and North Africa (MENA) region countries. These diseases are primarily coupled with the burden of the geriatric population, among others, thus the high incidence of such diseases demands an increase in the adoption of minimally invasive surgical devices in the region.
In September 2021, the International Trade Administration stated that the South African government has initiated certain guidelines for cost-effective and innovative surgical equipment along with advanced surgical technologies, and robot-assisted surgeries to improve outcomes and address skill shortages. Moreover, the source also reported that South Africa is moving toward universal healthcare through a proposed National Health Insurance (NHI) scheme. Through NHI, the government is likely to become the main procurer of health goods and services, as well as invest in the public healthcare system such as medical and surgical devices to improve infrastructure and access.
The growing cases of injuries and accidents in the MENA region are also propelling the demand for surgical procedures, thereby increasing the demand for surgical devices. For instance, in December 2021, South Africa Road Traffic Management Corporation Report stated that 12,545 road accidents were reported in South Africa in the year 2021. Road accidents increased by 0.3% over a year, as reported by the source.
Similarly, another article published by the journal Open UCT, in April 2021, reported that the trauma department of Groote Schuur Hospital (GSH), in South Africa reported a high incidence of accidents in the country, which included spinal, orthopedic, and other injuries. Due to the rising cases of accidents reported in the country, the demand for general surgical devices is significantly increasing in the country.
On the other hand, stringent government regulations and improper reimbursement for surgical devices may slow down the growth over the studied period.
MEA General Surgical Devices Industry Segmentation
As per the scope of the report, surgical devices have generic uses, while some specific tools are designed for specific procedures or surgeries.
The Middle East And Africa General Surgical Devices Market is segmented by Product (Handheld Devices, Laparoscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars, and Access Devices and Other Products), Application (Gynecology and Urology, Cardiology, Orthopaedic, and Neurology) and Geography (GCC, South Africa and Rest of Middle East and Africa). The report offers the value (in USD million) for the above segments.
By Product | |
Handheld Devices | |
Laparoscopic Devices | |
Electro Surgical Devices | |
Wound Closure Devices | |
Trocars and Access Devices | |
Other Products |
By Application | |
Gynecology and Urology | |
Cardiology | |
Orthopaedic | |
Neurology |
By Geography | |
GCC | |
South Africa | |
Rest of Middle East and Africa |
MEA General Surgical Devices Market Size Summary
The Middle East & Africa general surgical devices market is poised for substantial growth, driven by an increasing demand for minimally invasive procedures and a rise in chronic illnesses such as cardiovascular diseases, obesity, and cancer. The market experienced a temporary setback due to the COVID-19 pandemic, which led to a reduction in elective surgeries and outpatient services. However, as healthcare services resume, the market is expected to expand significantly. The geriatric population and the high incidence of injuries and accidents in the region further propel the demand for surgical devices. Government initiatives, such as South Africa's National Health Insurance scheme, aim to enhance healthcare infrastructure and access, thereby supporting market growth.
Technological advancements and the introduction of innovative surgical devices are key factors contributing to the market's expansion. The development of advanced handheld surgical devices, including robotic systems, has improved surgical precision and patient outcomes. The market is characterized by the presence of numerous global and regional players, with South Africa anticipated to witness significant growth due to increased healthcare expenditure and a rising aging population. Strategic collaborations, mergers, and new product launches are further fueling market dynamics. Despite challenges like stringent regulations and reimbursement issues, the market remains competitive and fragmented, with major companies actively participating in the region's healthcare advancements.
MEA General Surgical Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Demand for Minimally Invasive Devices
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1.2.2 Growing Cases of Injuries and Accidents
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1.3 Market Restraints
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1.3.1 Stringent Government Regulations
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1.3.2 Improper Reimbursement for Surgical Devices
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Product
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2.1.1 Handheld Devices
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2.1.2 Laparoscopic Devices
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2.1.3 Electro Surgical Devices
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2.1.4 Wound Closure Devices
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2.1.5 Trocars and Access Devices
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2.1.6 Other Products
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2.2 By Application
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2.2.1 Gynecology and Urology
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2.2.2 Cardiology
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2.2.3 Orthopaedic
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2.2.4 Neurology
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2.3 By Geography
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2.3.1 GCC
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2.3.2 South Africa
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2.3.3 Rest of Middle East and Africa
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MEA General Surgical Devices Market Size FAQs
What is the current MEA General Surgical Devices Market size?
The MEA General Surgical Devices Market is projected to register a CAGR of 11.80% during the forecast period (2024-2029)
Who are the key players in MEA General Surgical Devices Market?
Johnson & Johnson, Smith & Nephew PLC, 3M Company, Medtronic PLC and General Electric Company (GE Healthcare) are the major companies operating in the MEA General Surgical Devices Market.