Middle East Medical Devices Market Size, Share & Trends Analysis Report By Product (In Vitro Diagnostics(IVD), Cardiology), By FDA Classification (Class I, Class II and Class III), By End-use, By Region, And Segment Forecast, 2024

Description

Middle East Medical Devices Market Growth & Trends:

The Middle East medical devices market size is expected to reach USD 14.37 billion by 2030, registering to grow at a CAGR of 3.9% from 2024 to 2030 according to a new report by Grand View Research, Inc. This growth is anticipated to be a result of increasing geriatric population, and increasing incidences of conventional diseases such as diabetes and obesity. Other major drivers include technological innovations and increasing demand and acceptance of such technologies in Middle Eastern countries majorly in UAE, Saudi Arabia and Qatar.

Furthermore, rising competitive pressure is witnessed in the Middle East medical device market as a result of high demand and low supply ratio. Hence, it can be predicted that the Middle East medical device market may witness lucrative growth over the forecast period.

Another factor responsible for this propelling growth is the supportive reimbursement pathways adapted by the Middle Eastern countries majorly to ensure quality healthcare provisions for every civilian. Major developments are witnessed in terms of regulatory structures as well, with an agenda to provide monetary benefits to the civilians and improve overall lifestyle of the people.

Middle East Medical Devices Market Report Highlights:

In vitro diagnostics dominated the market and accounted for a share of 17.1% in 2023. The increasing prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer in the region has led to a higher demand for diagnostic tests to facilitate early detection and monitoring of these conditions.
Class II dominated the market and accounted for a share of 65.2% in 2023. This is attributed to advancements in technology and innovation driving the development of more sophisticated medical equipment, including surgical instruments and blood glucose meters.
Hospitals accounted for the largest market revenue share of 62.8% in 2023. The increasing prevalence of chronic diseases in the region has led to a higher demand for advanced medical devices in hospitals to diagnose and treat these conditions effectively.
Dermatology clinics & cosmetic are projected to grow at the fastest CAGR of 5.3% over the forecast period. Rising disposable incomes and a growing emphasis on aesthetics are leading to an increased demand for cosmetic procedures such as laser skin treatments, injectables, and body contouring in dermatology clinics and cosmetic centers.

Product Code: GVR-1-68038-548-9

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Middle East Medical Devices Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Middle East Medical Devices Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Middle East Medical Devices Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Middle East Medical Devices Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. In Vitro Diagnostics (IVD)
- 4.3.1. In Vitro Diagnostics (IVD) Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Cardiology
- 4.4.1. Cardiology Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Orthopedics
- 4.5.1. Orthopedics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Diagnostic imaging
- 4.6.1. Diagnostic imaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.7. Ophthalmic
- 4.7.1. Ophthalmic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.8. General and plastic surgery
- 4.8.1. General and plastic surgery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.9. Drug delivery
- 4.9.1. Drug delivery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.10. Endoscopy
- 4.10.1. Endoscopy Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.11. Dental
- 4.11.1. Dental Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.12. Wound management
- 4.12.1. Wound management Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.13. Diabetic care
- 4.13.1. Diabetic care Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.14. Nephrology
- 4.14.1. Nephrology Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.15. Ear, Nose, and Throat
- 4.15.1. Ear, Nose, and Throat Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.16. General hospital and Healthcare
- 4.16.1. General hospital and Healthcare Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.17. Neurology
- 4.17.1. Neurology Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.18. Skin Care & Aesthetics
- 4.18.1. Skin Care & Aesthetics Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.19. Others
- 4.19.1. Others Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Middle East Medical Devices Market: FDA Classification Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Middle East Medical Devices Market: FDA Classification Movement Analysis, 2023 & 2030 (USD Million)
5.3. Class I
- 5.3.1. Class I Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Class II
- 5.4.1. Class II Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Class III
- 5.5.1. Class III Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Middle East Medical Devices Market: End Use Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Middle East Medical Devices Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
6.3. Hospitals
- 6.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Clinics
- 6.4.1. Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Laboratories
- 6.5.1. Laboratories Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Blood Banks
- 6.6.1. Blood Banks Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Pharmacies
- 6.7.1. Pharmacies Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Stand Alone Clinics
- 6.8.1. Stand Alone Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.9. Dermatology Clinics & Cosmetic
- 6.9.1. Dermatology Clinics & Cosmetic Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.10. Others
- 6.10.1. Others Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Middle East Medical Devices Market: Regional Estimates & Trend Analysis

7.1. Middle East Medical Devices Market Share, By Region, 2023 & 2030 (USD Million)
7.2. Middle East
- 7.2.1. Middle East Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. Saudi Arabia
  - 7.2.2.1. Saudi Arabia Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. UAE
  - 7.2.3.1. UAE Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Kuwait
  - 7.2.4.1. Kuwait Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.5. Qatar
  - 7.2.5.1. Qatar Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.6. Oman
  - 7.2.6.1. Oman Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.7. Bahrain
  - 7.2.7.1. Bahrain Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.8. Egypt
  - 7.2.8.1. Egypt Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.9. Iran
  - 7.2.9.1. Iran Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.10. Iraq
  - 7.2.10.1. Iraq Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.11. Cyprus
  - 7.2.11.1. Cyprus Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.12. Jordan
  - 7.2.12.1. Jordan Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.13. Turkey
  - 7.2.13.1. Turkey Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.14. Lebanon
  - 7.2.14.1. Lebanon Middle East Medical Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. Medtronic
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Koninklijke Philips N.V.
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. GE HealthCare
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Abbott
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Smith+Nephew
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. COLOPLAST
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Saudi Mais CO.
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Zimmer Biomet
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Siemens
  - 8.4.9.1. Participant's Overview
  - 8.4.9.2. Financial Performance
  - 8.4.9.3. Product Benchmarking
  - 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Roche Diagnostics
  - 8.4.10.1. Participant's Overview
  - 8.4.10.2. Financial Performance
  - 8.4.10.3. Product Benchmarking
  - 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.11. BD
  - 8.4.11.1. Participant's Overview
  - 8.4.11.2. Financial Performance
  - 8.4.11.3. Product Benchmarking
  - 8.4.11.4. Recent Developments/ Strategic Initiatives
- 8.4.12. Olympus
  - 8.4.12.1. Participant's Overview
  - 8.4.12.2. Financial Performance
  - 8.4.12.3. Product Benchmarking
  - 8.4.12.4. Recent Developments/ Strategic Initiatives

Middle East Medical Devices Market Size, Share & Trends Analysis Report By Product (In Vitro Diagnostics(IVD), Cardiology), By FDA Classification (Class I, Class II and Class III), By End-use, By Region, And Segment Forecast, 2024 - 2030