Middle East and Africa Pediatric Medical Devices Market Growth and Recent Trends by 2028
Middle East and Africa Pediatric Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (In Vitro Diagnostic (IVD) Devices, Cardiology Devices, Respiratory Care Devices, Monitoring Devices, Neonatal ICU Devices, and Others) and End User (Hospitals, Pediatric Clinics, and Others)
- Status : Published
- Report Code : TIPRE00025885
- Category : Life Sciences
- No. of Pages : 100
- Available Report Formats :
- Last update date : November 14, 2021
2021 Market Size
US$ 11,138.49 Mn
Base year value
2028 Forecast
US$ 1,793.15 Mn
Projected by 2028
CAGR 2022-2028
6.7 %
Growth rate
Addressable Market
US$ 101,912.78 Mn
(2022-2028)
The pediatric medical devices market in MEA is expected to grow from US$ 11,138.49 million in 2021 to US$ 1,793.15 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.
Huge growth potential in rising economies is the major factor driving the growth of the MEA pediatric medical devices market. The initiatives by international organizations, such as WHO and United Nations Children’s Fund (UNICEF), to raise awareness regarding preterm birth and child health are likely to propel the adoption of pediatric medical devices such as pediatric MRI in hospitals and maternity clinics across middle-income countries in the coming years. For instance, in 2015, the United Nations established the Sustainable Development Goals (SDGs) to promote healthy lives and well-being for all children. The initiative projects to end the cases of preventable deaths of newborns and under-5 children by 2030. However, focused efforts are needed in Sub-Saharan Africa to prevent 80% of these deaths. Therefore, increasing initiatives by the developing economies in the regions such as the MEA to strengthen their pediatric healthcare infrastructures owing to the rising prevalence of chronic diseases among the children and infants, to create awareness regarding pediatric safety are likely to offer lucrative growth opportunities for the pediatric medical devices market during the forecast period.
The MEA observed increasing numbers of patients admitted to intensive care units (ICU) during the COVID-19 pandemic. The healthcare facilities experienced changes in staff allocations and workhours owing to the implementation of stringent infection control and social distancing measures. Additionally, they faced mental, physical, emotional, and financial challenges.Although,the COVID-19 pandemic boosted the demand for medical devices that can be used in a home care setting, pediatric patient visits to hospitals were restricted due to the infection. The medical devices industry segment, including pediatric medical devices, experienced losses during the COVID-19 pandemic due to restricted manufacturing and supply chain facilities. The pandemic affected the business operation of the various key players operating in the pediatric medical devices market in the region.
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 MEA pediatric medical devices market. The MEA pediatric medical devices 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.
MEA Pediatric Medical Devices Market Segmentation
MEA Pediatric Medical Devices Market – By Product
- In Vitro Diagnostic (IVD) Devices
- Cardiology Devices
- Respiratory Care Devices
- Monitoring Devices
- Neonatal ICU Devices
- Others
MEA Pediatric Medical Devices Market – By End User
- Hospitals
- Pediatric Clinics
- Others
MEA Pediatric Medical Devices Market, by Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Pediatric Medical Devices Market - Companies Mentioned
- Atom Medical Corp.
- General Electric Company
- Koninklijke Philips N.V.
- Medtronic
- Siemens AG
Middle East and Africa Pediatric Medical Devices Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 11,138.49 Million |
| Market Size by 2028 | US$ 1,793.15 Million |
| CAGR (2021 - 2028) | 6.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| 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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