Middle East and Africa Cardiovascular Needle Market Size and Competitive Analysis by 2028
Middle East and Africa Cardiovascular Needle Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Round-Bodied Needles, and Cutting Needles); Application (Open Heart Surgery, and Cardiac Valve Procedures); Usage (Single Use, and Multiple Uses); End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Cardiovascular Centers)
- Status : Published
- Report Code : TIPRE00025901
- Category : Life Sciences
- No. of Pages : 108
- Available Report Formats :
- Last update date : November 24, 2021
2021 Market Size
US$ 3.96 Mn
Base year value
2028 Forecast
US$ 6.18 Mn
Projected by 2028
CAGR 2022-2028
6.6 %
Growth rate
Addressable Market
US$ 36.09 Mn
(2022-2028)
The cardiovascular needle market in Middle East and Africa is expected to grow from US$ 3.96 Million in 2021 to US$ 6.18 Million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028.
The healthcare and medical device industries have flourished significantly in the last decade. Technological advancements, resulting in surge in the availability of numerous connected medical devices and rise in their importance in healthcare, are revolutionizing the medical device industry. There is a huge gap in the current demand and supply of medical devices, which provides a significant opportunity for device manufacturers to establish their presence in the region.
The coronavirus has had a significant impact in the Middle East and Africa. The pandemic has increased demand for medical devices, which can use in-home care. The region is witnessing an increase in the number of patients being admitted to intensive care units (ICU), an increasing number of drugs that pose multiple diagnostic and therapeutic challenges to strained health systems, leading to an increase in medical devices. Radiologists in South Africa have the highest number of COVID-19 infections in the country. You have seen changes in staff assignments and working hours and the implementation of strict infection control and social distancing measures. In addition, they face mental, physical, emotional, and financial challenges. Heart patients, especially those with heart failure and implantable devices, are at increased risk of COVID-19 morbidity and mortality. In addition, there is growing evidence that COVD-19 has significant and even long-term effects on the heart that can lead to an echo pandemic of patients with heart failure. With the ever-increasing costs associated with health care enrollment and the social distancing imposed by COVID-19. For this reason, market is going to have a negative impact in the review period.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the cardiovascular needle market. The Middle East and Africa cardiovascular needle market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Middle East and Africa Cardiovascular Needle Market Segmentation
By Application
- Open Heart Surgery
- Cardiac Valve Procedures
By Usage
- Single Use
- Multiple Uses
By End User
- Hospitals and Clinics
- Ambulatory Surgical Centres
- Cardiovascular Centres
By Country
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Companies Mentioned
- Ethicon (Johnson & Johnson Services, Inc.)
- MANI, INC
- Barber of Sheffield
- FSSB surgical needles GmbH
- Medtronic
- Teleflex Incorporated
- Meril Life Sciences Pvt. Ltd.
- CP Medical
- SMB Corporation of India
Middle East and Africa Cardiovascular Needle Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 3.96 Million |
| Market Size by 2028 | US$ 6.18 Million |
| CAGR (2021 - 2028) | 6.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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