Market by Product, Usability, Type, Application and Country Outlook | Forecast 2022-2028
A study by Triton Market Research reports that the medical electrodes market in Middle East and Africa is anticipated to surge with a CAGR of 5.38% in the forecast duration 2022-2028.
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The countries studied in this market include:
• South Africa
•
•
• Turkey
• Rest of Middle East & Africa
Rising government healthcare investments in the Middle East and
advancements in medical technologies are expected to drive demand for medical
electrodes in the region. The growing medical tourism industry is driving
demand for modern technologies and cutting-edge medical equipment. The
authorities continue to equip hospitals with cutting-edge technology to prevent
and treat the rising prevalence of noncommunicable diseases, particularly
cardiovascular disease, cancer, and diabetes.
According to ITA, a total of $15.8 billion was approved for public
spending in the 2022 budget for the United Arab Emirates, with healthcare receiving 8.4% of that amount. In
the country, healthcare is a priority for the government under the UAE’s Vision
2040. Alongside this, the country is expected to remain an appealing location
for establishing a regional distribution center for healthcare-related
services. Such efforts by the government to modernize the healthcare sector and
encourage the production of advanced medical equipment to cure diseases will
help the country’s market to flourish.
Turkey is a popular destination for medical tourism. It attracts
visitors from Europe and other countries in the Middle East because of its low
cost and high quality of healthcare services. The majority of the medical
devices in the country are imported. Besides, the country has also adopted advanced
medical technologies in its healthcare infrastructure. For instance, the
Ministry of Health implemented a public-private partnership program to improve
healthcare infrastructure in the country. These initiatives towards improving
healthcare infrastructure are expected to boost the demand for medical electrodes.
Intraoperative neurophysiological monitoring is used during surgeries to
monitor the central or peripheral nervous systems. IOM aids in detecting
changes in the functions of nervous structures in and around the operative
field. It aids surgeons in damage control and nervous system functionality
preservation. The procedure necessitates using scalp electrodes that can be
placed in a sterile field. IOM is used during surgery to make decisions that
will result in a positive surgical outcome.
The studied report assesses the market’s growth
according to product, type, usability, and application. Here, the application segment comprises cardiology, intraoperative monitoring, neurophysiology,
sleep disorders, and other applications.
The prominent players in the market include Zoll
Medical Corporation, Koninklijke Philips NV, Cooper Surgical, Natus Medical
Incorporated, CR Bard Inc, Medtronic Plc, and Medico Electrodes.
CR Bard Inc, founded in 1907, provides surgical, endovascular, urological,
and critical care interventions focusing on health systems and improving
patient lives. The company’s operations are divided into three segments: BD
Interventional, BD Medical, and BD Life Sciences. The company has a presence in
almost every country, including the Middle East and Africa. The devices
manufactured by the company include medical supplies and devices, laboratory
equipment, and diagnostic products. These devices are used by clinical
laboratories, life sciences researchers, healthcare institutions, and the general
public.
Key deliverables of the
report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the medical electrodes market revenue growth in the Middle East and Africa and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
●
A wide-ranging study of factors that will challenge the Middle
East and Africa medical electrodes market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this
report based on your preferences. Connect with us here.
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VIEW REPORT1. MIDDLE
EAST AND AFRICA MEDICAL ELECTRODES MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE MEDICAL ELECTRODES MARKET
2.2. KEY
INSIGHTS
2.2.1. ADVANCEMENT
IN TECHNOLOGIES FOR THE DEVELOPMENT OF MEDICAL ELECTRODE DEVICES
2.2.2. HEALTHCARE
INITIATIVES BY GOVERNMENT
2.2.3. ECG
SEGMENT GAINING TRACTION IN THE MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.6.1. MANUFACTURING
2.6.2. TECHNOLOGY
INTEGRATION
2.6.3. DISTRIBUTORS/SUPPLIERS
2.6.4. END-USERS
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. CONTRACTS
& AGREEMENTS
2.7.4. EXPANSIONS
& DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. GROWING
PREVALENCE OF CARDIOVASCULAR AND NEUROLOGICAL DISEASES
2.8.2. RISING
INVESTMENTS IN RESEARCH AND DEVELOPMENT OF HEALTHCARE SERVICES
2.8.3. RISING
PREFERENCE FOR AMBULATORY HEALTHCARE SERVICES
2.9. MARKET
CHALLENGES
2.9.1. STRINGENT
REGULATIONS IMPOSED BY GOVERNMENT
2.9.2. TIME-CONSUMING
PROCESS OF BIOCOMPATIBILITY TESTING
2.10. MARKET
OPPORTUNITIES
2.10.1. RISING
PREFERENCE FOR DISPOSABLE ELECTRODES
2.10.2. GROWING
DEMAND FOR MINIMALLY INVASIVE SURGERIES
3. MIDDLE
EAST AND AFRICA MEDICAL ELECTRODES MARKET OUTLOOK - BY PRODUCT
3.1. SURFACE
ELECTRODES
3.2. NEEDLE
ELECTRODES
4. MIDDLE
EAST AND AFRICA MEDICAL ELECTRODES MARKET OUTLOOK - BY USABILITY
4.1. DISPOSABLE
MEDICAL ELECTRODES
4.2. REUSABLE
MEDICAL ELECTRODES
5. MIDDLE
EAST AND AFRICA MEDICAL ELECTRODES MARKET OUTLOOK - BY TYPE
5.1. DIAGNOSTIC
MEDICAL ELECTRODES
5.2. THERAPEUTIC
MEDICAL ELECTRODES
6. MIDDLE
EAST AND AFRICA MEDICAL ELECTRODES MARKET OUTLOOK - BY APPLICATION
6.1. CARDIOLOGY
6.2. INTRAOPERATIVE
MONITORING
6.3. NEUROPHYSIOLOGY
6.4. SLEEP
DISORDERS
6.5. OTHER
APPLICATIONS
7. MIDDLE
EAST AND AFRICA MEDICAL ELECTRODES MARKET – COUNTRY OUTLOOK
7.1. UNITED
ARAB EMIRATES
7.2. SAUDI
ARABIA
7.3. TURKEY
7.4. SOUTH
AFRICA
7.5. REST
OF MIDDLE EAST & AFRICA
8. COMPETITIVE
LANDSCAPE
8.1. 3M
8.2. CONMED
CORPORATION
8.3. MEDTRONIC
PLC
8.4. CARDINAL
HEALTH INC.
8.5. AMBU
A/S
8.6. ZOLL
MEDICAL CORPORATION
8.7. DYMEDIX
DIAGNOSTICS
8.8. COGNIONICS
8.9. COOPER
SURGICAL
8.10. CR
BARD INC
8.11. RHYTHMLINK
INTERNATIONAL
8.12. NATUS
MEDICAL INCORPORATED
8.13. PEPIN
MANUFACTURING
8.14. MEDICO
ELECTRODES
8.15. KONINKLIJKE
PHILIPS NV
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST
AND AFRICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
CONTRACTS & AGREEMENTS
TABLE 6: LIST OF
INVESTMENTS & EXPANSIONS
TABLE 7: MIDDLE EAST
AND AFRICA MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST
AND AFRICA MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 11: MIDDLE EAST
AND AFRICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY PRODUCT,
2021 & 2028 (IN %)
FIGURE 4: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY SURFACE
ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY NEEDLE
ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY USABILITY,
2021 & 2028 (IN %)
FIGURE 7: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY DISPOSABLE
MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY REUSABLE
MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY TYPE, 2021
& 2028 (IN %)
FIGURE 10: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY
DIAGNOSTIC MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY
THERAPEUTIC MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY
APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY
CARDIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY
INTRAOPERATIVE MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY
NEUROPHYSIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY SLEEP
DISORDERS, 2022-2028 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY OTHER
APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, COUNTRY
OUTLOOK, 2021 & 2028 (IN %)
FIGURE 19: UNITED ARAB EMIRATES MEDICAL ELECTRODES MARKET 2022-2028 (IN $
MILLION)
FIGURE 20: SAUDI ARABIA MEDICAL ELECTRODES MARKET 2022-2028 (IN $
MILLION)
FIGURE 21: TURKEY MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: SOUTH AFRICA MEDICAL ELECTRODES MARKET 2022-2028 (IN $
MILLION)
FIGURE 23: REST OF MIDDLE EAST & AFRICA MEDICAL ELECTRODES MARKET 2022-2028
(IN $ MILLION)