Middle East & Africa Vital Signs Monitoring Devices Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Middle East & Africa vital signs monitoring devices market was valued at US$ 689.93 million in 2022 and is expected to reach US$ 1,653.91 million by 2030; it is estimated to grow at a CAGR of 11.5% from 2022 to 2030.

Increasing Number of Product Launches and Approvals Fuels the Middle East & Africa Vital Signs Monitoring Devices Market

Companies in the Middle East & Africa vital signs monitoring devices market are designing, developing, and upgrading their existing products by harnessing ongoing advancements in medical technology. Frequent product launches significantly contribute to market growth by encouraging players to compete with each other by developing innovative products and obtaining regulatory approvals for their products. A few of the recent product launches and approvals that have significantly contributed to the market growth are mentioned below.

In April 2023, Honeywell introduced a real-time health monitoring system that captures patient's vital signs in hospitals and remote setups. The sensing technology incorporated in the system monitors vital signs through a skin patch and instantaneously notifies healthcare providers on their mobile devices and an online dashboard. Through this innovation, the company can aid improvements in patient care at home, hospitals, and ambulatory surgical centers.
In June 2022, GE Healthcare announced the launch of Portrait Mobile, a product developed by combining wireless patient-worn sensors and a smartphone-style monitor. People wearing this monitoring device can move freely without any location restrictions. In August 2023, GE Healthcare received FDA approval for the Portrait Mobile and 510(k) approval for its Carescape Canvas patient monitoring platform.
In April 2021, Oxehealth Service won FDA approval for its vital sign software, which can monitor heart rate and breathing with an overhead camera attached to the device. The product is suitable for end users in nursing homes and long-term care facilities.
In January 2020, BioIntelliSense, Inc. announced the commercial launch of its Data-as-a-Service (DaaS) platform. It also announced receiving FDA 510(k) clearance for its BioSticker, an on-body sensor for remote care devices. Further, in July 2020, BioIntelliSense, Inc. collaborated with Royal Philips to integrate BioSticker into Philips's remote patient monitoring devices.

Middle East & Africa Vital Signs Monitoring Devices Market Overview

The vital signs monitoring devices market in Middle East & Africa is segmented into the UAE, Saudi Arabia, and South Africa. The UAE is the largest market for vital signs monitoring devices. The market is prominently driven by rise in respiratory diseases and diabetes.

The growth of the country's medical devices and pharmaceutical sector is majorly attributed to the vast population and increasing prevalence of chronic diseases. The health systems in Saudi Arabia are witnessing increasing adoption of advanced medical devices to keep track of patient's health conditions. Greater awareness of health issues and an increase in the consumption of healthcare services sustain a substantial market for medical equipment. Also, the government and other organizations conduct conferences and symposiums and publish many research studies about monitoring devices. For instance, the Hospital and Research Center in Riyadh, Saudi Arabia, published a study about "perspectives from COPD subjects on portable long-term oxygen therapy devices" in June 2019. All these factors are likely to drive the market during the forecast period.

Also, Healthcare companies in the UAE strive to adopt cutting-edge healthcare technologies that provide their patients with unparalleled quality of service and the best treatment plans. In addition, the growing healthcare expenditure increases the demand for medical devices and pharmaceuticals. According to a "UAE Health Spending" study published in Healthcare Radius, the UAE spends ~3.5% of its GDP on healthcare, with approximately 70% coming from public spending and only 30% from the private sector. The UAE government has allocated US$ 1.33 billion (8.4% of the total budget) for healthcare and community protection in the federal budget for 2022-2026.

Middle East & Africa Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Vital Signs Monitoring Devices Market Segmentation

The Middle East & Africa vital signs monitoring devices market is segmented based on product, end user, and country.

Based on product, the Middle East & Africa vital signs monitoring devices market is segmented into pulse oximeters, blood pressure monitors, temperature monitoring devices, and glucose monitoring devices. The glucose monitoring devices segment held the largest share in 2022. The glucose monitors devices segment held the largest share in 2022. The glucose monitoring devices segment is further bifurcated into self glucose monitors and continuous glucose monitors. Additionally, the pulse oximeters segment is subsegmented into handheld pulse oximeters, table-top pulse oximeters, and pulse oximeter accessories. The temperature monitoring devices segment into digital thermometers, infrared thermometers, mercury filled thermometers, and liquid crystal thermometers. Further, by blood pressure monitoring devices, the market is categorized into digital blood pressure monitors, analog blood pressure monitors, ambulatory blood pressure monitors, mercury blood pressure monitors, and blood pressure instrument accessories.

By end user, the Middle East & Africa vital signs monitoring devices market is segmented into hospitals & clinics, ambulatory care centers, home healthcare, and other. The hospitals & clinics segment held the largest share in 2022.

Koninklijke Philip NV, Medtronic Plc, Nihon Kohden, GE HealthCare Technologies Inc, OMRON corp, Masimo Corp, and Baxter Intonational Inc are some of the leading companies operating in the Middle East & Africa vital signs monitoring devices market.

Product Code: BMIRE00029837

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Vital Signs Monitoring Devices Market - Key Industry Dynamics

4.1 Key Market Drivers:
- 4.1.1 Increasing Number of Product Launches and Approvals
- 4.1.2 Rise in Need for Remote Patient Monitoring
4.2 Key Market Restraints:
- 4.2.1 Product Recalls by Companies and Regulatory Authorities
4.3 Key Market Opportunities:
- 4.3.1 Integration of Real-Time Communication Feature
4.4 Future Trends
- 4.4.1 Use of Radar Technology in Healthcare
4.5 Impact Analysis:

5. Vital Signs Monitoring Devices Market - Middle East & Africa Market Analysis

5.1 Middle East & Africa Vital Signs Monitoring Devices Market Revenue (US$ Mn), 2022 - 2030

6. Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 - by Product

6.1 Overview
6.2 Middle East & Africa Vital Signs Monitoring Devices Market Revenue Share, by Product 2022 & 2030 (%)
6.3 Pulse Oximeters
- 6.3.1 Overview
- 6.3.2 Pulse Oximeters: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.3.3 Table-top/Beside Pulse Oximeters
  - 6.3.3.1 Overview
  - 6.3.3.2 Table-top/Beside Pulse Oximeters: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.3.4 Hand-held Pulse Oximeters
  - 6.3.4.1 Overview
  - 6.3.4.2 Hand-held Pulse Oximeters: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.3.5 Pulse Oximeter Accessories
  - 6.3.5.1 Overview
  - 6.3.5.2 Pulse Oximeter Accessories: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4 Blood Pressure Monitors
- 6.4.1 Overview
- 6.4.2 Blood Pressure Monitors: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.3 Mercury Blood Pressure Monitors
  - 6.4.3.1 Overview
  - 6.4.3.2 Mercury Blood Pressure Monitors: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.4 Ambulatory Blood Pressure Monitors
  - 6.4.4.1 Overview
  - 6.4.4.2 Ambulatory Blood Pressure Monitors: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.5 Digital Blood Pressure Monitors
  - 6.4.5.1 Overview
  - 6.4.5.2 Digital Blood Pressure Monitors: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.6 Analog Blood Pressure Monitors
  - 6.4.6.1 Overview
  - 6.4.6.2 Analog Blood Pressure Monitors: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.4.7 Blood Pressure Instrument Accessories
  - 6.4.7.1 Overview
  - 6.4.7.2 Blood Pressure Instrument Accessories: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.5 Temperature Monitoring Devices
- 6.5.1 Overview
- 6.5.2 Temperature Monitoring Devices: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.3 Mercury Filled Thermometers
  - 6.5.3.1 Overview
  - 6.5.3.2 Mercury Filled Thermometers: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.4 Digital Thermometers
  - 6.5.4.1 Overview
  - 6.5.4.2 Digital Thermometers: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.5 Infrared Thermometers
  - 6.5.5.1 Overview
  - 6.5.5.2 Infrared Thermometers: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.5.6 Liquid Crystal Thermometers
  - 6.5.6.1 Overview
  - 6.5.6.2 Liquid Crystal Thermometers: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.6 Glucose Monitoring Devices
- 6.6.1 Overview
- 6.6.2 Glucose Monitoring Devices: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.6.3 Self Glucose Monitoring Devices
  - 6.6.3.1 Overview
  - 6.6.3.2 Self Glucose Monitoring Devices: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
- 6.6.4 Continuous Glucose Monitoring Devices
  - 6.6.4.1 Overview
  - 6.6.4.2 Continuous Glucose Monitoring Devices: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)

7. Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 - by End User

7.1 Overview
7.2 Middle East & Africa Vital Signs Monitoring Devices Market Revenue Share, by End User 2022 & 2030 (%)
7.3 Hospitals and Clinics
- 7.3.1 Overview
- 7.3.2 Hospitals and Clinics: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Ambulatory Care Centers
- 7.4.1 Overview
- 7.4.2 Ambulatory Care Centers: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Home Healthcare
- 7.5.1 Overview
- 7.5.2 Home Healthcare: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Middle East & Africa Vital Signs Monitoring Devices Market - Revenue and Forecast to 2030 (US$ Million)

8. Middle East & Africa Vital Signs Monitoring Devices Market - Country Analysis

8.1 Overview
- 8.1.1 Middle East & Africa Vital Signs Monitoring Devices Market, Breakdown, by Key Country
- 8.1.2 Middle East & Africa: Vital Signs Monitoring Devices Market, by Key Country
  - 8.1.2.1 Saudi Arabia
    - 8.1.2.1.1 Overview
    - 8.1.2.1.2 Saudi Arabia: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.2.1.3 Saudi Arabia: Vital Signs Monitoring Devices Market, by Product
    - 8.1.2.1.3.1 Saudi Arabia: Pulse Oximeters Market
    - 8.1.2.1.3.2 Saudi Arabia: Blood Pressure Monitors Market
    - 8.1.2.1.3.3 Saudi Arabia: Temperature Monitoring Devices Market
    - 8.1.2.1.3.4 Saudi Arabia: Glucose Monitoring Devices Market
    - 8.1.2.1.4 Saudi Arabia: Vital Signs Monitoring Devices Market, by End User
  - 8.1.2.2 UAE
    - 8.1.2.2.1 Overview
    - 8.1.2.2.2 UAE: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.2.2.3 UAE: Vital Signs Monitoring Devices Market, by Product
    - 8.1.2.2.3.1 UAE: Pulse Oximeters Market
    - 8.1.2.2.3.2 UAE: Blood Pressure Monitors Market
    - 8.1.2.2.3.3 UAE: Temperature Monitoring Devices Market
    - 8.1.2.2.3.4 UAE: Glucose Monitoring Devices Market
    - 8.1.2.2.4 UAE: Vital Signs Monitoring Devices Market, by End User
  - 8.1.2.3 South Africa
    - 8.1.2.3.1 Overview
    - 8.1.2.3.2 South Africa: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.2.3.3 South Africa: Vital Signs Monitoring Devices Market, by Product
    - 8.1.2.3.3.1 South Africa: Pulse Oximeters Market
    - 8.1.2.3.3.2 South Africa: Blood Pressure Monitors Market
    - 8.1.2.3.3.3 South Africa: Temperature Monitoring Devices Market
    - 8.1.2.3.3.4 South Africa: Glucose Monitoring Devices Market
    - 8.1.2.3.4 South Africa: Vital Signs Monitoring Devices Market, by End User
  - 8.1.2.4 Rest of Middle East & Africa
    - 8.1.2.4.1 Overview
    - 8.1.2.4.2 Rest of Middle East & Africa: Vital Signs Monitoring Devices Market Revenue and Forecast to 2030 (US$ Mn)
    - 8.1.2.4.3 Rest of Middle East & Africa: Vital Signs Monitoring Devices Market, by Product
    - 8.1.2.4.3.1 Rest of Middle East & Africa: Pulse Oximeters Market
    - 8.1.2.4.3.2 Rest of Middle East & Africa: Blood Pressure Monitors Market
    - 8.1.2.4.3.3 Rest of Middle East & Africa: Temperature Monitoring Devices Market
    - 8.1.2.4.3.4 Rest of Middle East & Africa: Glucose Monitoring Devices Market
    - 8.1.2.4.4 Rest of Middle East & Africa: Vital Signs Monitoring Devices Market, by End User

9. Vital Signs Monitoring Devices Market-Industry Landscape

9.1 Overview
9.2 Organic Growth Strategies
- 9.2.1 Overview
9.3 Inorganic Growth Strategies
- 9.3.1 Overview

10. Company Profiles

10.1 Koninklijke Philips NV
- 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 Medtronic Plc
- 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 Nihon Kohden Corp
- 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 GE HealthCare Technologies Inc
- 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 OMRON Corp
- 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 Masimo Corp
- 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 Baxter International Inc
- 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

11. Appendix

11.1 About Us
11.2 Glossary of Terms