Middle East and Africa Hospital Supplies Market Size (2024 - 2029)

The Middle East and Africa hospital supplies market is projected to experience growth over the forecast period, driven by an increasing number of hospitals, an aging population, and a rise in communal diseases. The market's expansion is influenced by the region's response to COVID-19, which highlighted existing healthcare challenges and spurred demand for medical supplies. Additionally, the GCC countries' status as medical tourism hubs enhances the need for well-equipped healthcare systems, further contributing to market growth. Despite these positive trends, factors such as high device costs, a steady demand for home care services, and stringent regulatory guidelines pose challenges to the market's expansion.

Market Size of Middle East and Africa Hospital Supplies Industry

Middle-East Africa Hospital Supplies Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.30 %
Market Concentration Low

Major Players

Middle East and Africa Hospital Supplies Market Major Players

*Disclaimer: Major Players sorted in no particular order

MEA Hospital Supplies Market Analysis

The Middle East and Africa hospital supplies market is expected to register a CAGR of 8.3% over the forecast period.

COVID-19 had a significant impact on the Middle East and Africa hospital supplies market. For instance, different measures and reaction plans have been implemented due to the coronavirus spreading across Middle Eastern nations. As per the article published in 2021 under the title 'How the Middle-East is facing COVID-19', health resource constraints, lack of qualified medical staff, and a paucity of medical equipment have all been problems for developing Middle East North Africa (MENA) economies during COVID-19. Most MENA nations have total health expenditures per capita that were significantly lower than average for nations with comparable levels of economic growth. Furthermore, as per the report published in June 2022 under the title 'Impact of Corona Virus on the Health Care Services in Saudi Arabia', one of the countries that experienced the severe effects of the medical ailment at the peak time was Saudi Arabia. The shift in focus to the pandemic specifically had an impact on the delivery of healthcare services for chronic conditions. Hence as per the factors mentioned above, COVID-19 had a notable impact on the Middle East and Africa hospital supplies market.

The growth of the Middle East and Africa hospital supplies market is primarily driven by the rising number of hospitals, aging population, and increasing occurrences of communal diseases. For instance, as per the 2020 report, 12 new private hospitals had opened in Dubai by 2020, housing over 800 beds. The number of private hospitals within Dubai was likely to leap to 38, surpassing the number of public hospitals in the region, in addition to current hospitals under expansion. According to Gulf News, this significant expansion was in keeping with Dubai's Expo 2020 vision and includes 26 hospitals, four fertility centers, 34 one-day surgery centers, 1,624 specialized and general medical complexes, 82 dental treatment centers and laboratories, 868 pharmacies, and 38 health examination and residential nursing facilities. Such increasing healthcare expansion in the Middle East is likely to boost market growth over the forecast period.

Furthermore, the burden of chronic diseases is constantly growing worldwide. According to GLOBOCAN 2020, data updated in February 2021, around 27,885 new cancer cases were reported in Saudi Arabia in 2020. Around 4,807 new cancer cases in the United Arab Emirates (UAE) and 3,842 new cancer cases were reported in Kuwait in 2020. Since clinical diagnostic tests represent one of the most accurate methods to identify and characterize microorganisms, so it is expected to create demand for hospital supplies for diagnosis purposes.

Furthermore, the GCC countries have an overall strong demand for medical devices, owing to their popular medical tourism destinations for several European and Asian populations, raising the need for a well-established and well-equipped healthcare system, and boosting the hospital supplies market in the GCC countries. As per the Medical Tourism Index 2020-2021, ranking South Africa is listed on 22nd rank among the 46 global destinations ranked of the medical tourism destination ranking. South Africa serves as a major medical tourism hub for the entire sub-Saharan Africa region since it offers a variety of advanced healthcare services. This is expected to boost market growth.

Hence as per the factors mentioned above, Middle East and Africa hospital supplies market is anticipated to grow over the forecast period. However, the high cost of devices, steady demand for home care services, and stringent regulatory guidelines are some of the factors hindering the growth of the market.

MEA Hospital Supplies Industry Segmentation

As per the scope of the report, hospital supplies include every medical utility product that serves both the patient and medical professional with hospital infrastructure and enhances the network transportation between hospitals. These include hospital equipment, patient aid and mobility equipment, and sterilization disposable hospital supplies. The Middle East and Africa Hospital Supplies Market is segmented by Type (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Types) and Country (GCC, South Africa, Rest of Middle East and Africa). The report offers the value (in USD million) for the above segments.

By Product Type
Patient Examination Devices
Operating Room Equipment
Mobility Aids and Transportation Equipment
Sterilization and Disinfectant Equipment
Disposable Hospital Supplies
Syringes and Needles
Other Product Types
Geography
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
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Middle East and Africa Hospital Supplies Market Size Summary

The Middle East and Africa hospital supplies market is poised for significant growth, driven by factors such as the increasing number of hospitals, an aging population, and the rising prevalence of communal diseases. The market's expansion is further supported by the strategic initiatives of key players and the growing demand for medical devices, particularly in the Gulf Cooperation Council (GCC) countries, which are popular medical tourism destinations. The region's healthcare infrastructure is experiencing substantial development, with numerous new hospitals and healthcare facilities being established, particularly in Dubai. This expansion is aligned with broader economic visions and is expected to enhance the availability and quality of healthcare services, thereby boosting the demand for hospital supplies.

Despite the promising growth trajectory, the market faces challenges, including the high cost of medical devices, a steady demand for home care services, and stringent regulatory guidelines. The impact of COVID-19 has also been significant, highlighting existing healthcare resource constraints and the need for improved medical infrastructure in the region. However, the ongoing burden of chronic diseases, such as cancer, and the increasing need for diagnostic and surgical supplies continue to drive market demand. Collaborative efforts between governments and multinational companies, along with new product launches and technological advancements, are expected to sustain the market's growth over the forecast period. The fragmented nature of the market, with numerous global and regional players, further indicates a competitive landscape that is likely to evolve with continued investments and innovations in hospital supplies.

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Middle East and Africa Hospital Supplies Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growth in the Spending on Healthcare

      2. 1.2.2 Increasing Occurrences of Communal Diseases and Hospital Acquired Infections

    3. 1.3 Market Restraints

      1. 1.3.1 Emergence of Home Care Services

      2. 1.3.2 Stringent Regulatory Bodies

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD Million)

    1. 2.1 By Product Type

      1. 2.1.1 Patient Examination Devices

      2. 2.1.2 Operating Room Equipment

      3. 2.1.3 Mobility Aids and Transportation Equipment

      4. 2.1.4 Sterilization and Disinfectant Equipment

      5. 2.1.5 Disposable Hospital Supplies

      6. 2.1.6 Syringes and Needles

      7. 2.1.7 Other Product Types

    2. 2.2 Geography

      1. 2.2.1 Middle East and Africa

        1. 2.2.1.1 GCC

        2. 2.2.1.2 South Africa

        3. 2.2.1.3 Rest of Middle East and Africa

Middle East and Africa Hospital Supplies Market Size FAQs

The Middle East and Africa Hospital Supplies Market is projected to register a CAGR of 8.30% during the forecast period (2024-2029)

Becton, Dickinson and Company, Cardinal Health Inc., General Electric Company (GE Healthcare), Invacare Corporation and Stryker Corporation are the major companies operating in the Middle East and Africa Hospital Supplies Market.

Middle East and Africa Hospital Supplies Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)