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Middle East & Africa Neurostimulation Devices Market Forecast to 2030 - Regional Analysis - by Product, Application, and End User

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    Report

  • 70 Pages
  • April 2024
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5977068
UP TO OFF until Dec 31st 2024
The Middle East & Africa neurostimulation devices market was valued at US$ 160.90 million in 2022 and is expected to reach US$ 273.31 million by 2030; it is estimated to register a CAGR of 6.8% from 2022 to 2030.

Rising Demand for Non-invasive Treatment Fuels Middle East & Africa Neurostimulation Devices Market

Neurostimulation is a rapidly evolving field that uses targeted electrical, mechanical, magnetic, or thermal stimulation of the nervous system to alter the properties of firing neuronal and internal neuronal connectivity to treat various neurological disorders. Noninvasive neurostimulation devices include electroconvulsive therapy (ECT), transcutaneous electrical nerve stimulation (TENS), transcranial electrical stimulation (TES), transcranial direct current stimulation (tDCS), transcranial alternating current stimulation (tACS), static magnetic stimulation, random sound stimulation, peripheral nerve stimulation, ultrasound, and focused ultrasound (FUS), including cranial nerve stimulation. Noninvasive neurostimulation techniques are the most developed in psychiatry. Patients and healthcare providers increasingly prefer noninvasive or minimally invasive treatment options as they are convenient, painless, safe, and have minimal side effects. In addition, it is widely used in neurological diseases. Noninvasive treatments aim to improve the quality of life and reduce the impact of speech, swallowing, and cognitive problems. Therefore, growing demand for noninvasive treatments would significantly fuel the neurostimulation devices market growth in the future.

Middle East & Africa Neurostimulation Devices Market Overview

The Middle East & Africa neurostimulation devices market is segmented into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. The market for neurostimulation devices is estimated to have several growth opportunities during the forecast period due to a lack of awareness of neurological disorders and limited neurological services and facilities. In addition, the market is also expected to grow due to the increasing incidences of stroke across the region. The demand for neurostimulation devices in Saudi Arabia is expected to grow due to the high prevalence of neurological diseases among individuals. Stroke is becoming a severe cause of death across Saudi Arabia. The prevalence of stroke has been increasing significantly across the country.

Middle East & Africa Neurostimulation Devices Market Segmentation

The Middle East & Africa neurostimulation devices market is segmented based on product, application, end user, and country.

Based on product, the Middle East & Africa neurostimulation devices market is segmented into spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, vagus nerve stimulator, and others. The spinal cord stimulator segment held the largest market share in 2022.

In terms of application, the Middle East & Africa neurostimulation devices market is categorized into pain management, epilepsy, urinary and fecal incontinence, Parkinson's disease, and others. The pain management segment held the largest market share in 2022.

By end user, the Middle East & Africa neurostimulation devices market is segmented into hospitals, specialty clinics, and others. The hospitals segment held the largest market share in 2022.

Based on country, the Middle East & Africa neurostimulation devices market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa neurostimulation devices market share in 2022.

Medtronic Plc, Boston Scientific Corp, Abbott Laboratories, and LivaNova Plc are among the leading companies operating in the Middle East & Africa neurostimulation devices market.

Table of Contents

1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Neurostimulation Devices Market - Key Industry Dynamics
4.1 Market Drivers
4.1.1 Increasing Prevalence of Neurological Disorders
4.1.2 Rising Cases of Spinal Cord Injury
4.2 Market Restraints
4.2.1 Lack of Expert Professionals
4.3 Market Opportunities
4.3.1 Growing Advances and Approvals for Neurostimulation Devices
4.4 Future Trends
4.4.1 Rising Demand for Noninvasive Treatment
4.5 Impact Analysis
5. Neurostimulation Devices Market - Middle East & Africa Market Analysis
5.1 Middle East & Africa Neurostimulation Devices Market Revenue (US$ Mn), 2022 - 2030
6. Middle East & Africa Neurostimulation Devices Market - Revenue and Forecast to 2030 - by Product
6.1 Overview
6.2 Middle East & Africa Neurostimulation Devices Market Revenue Share, by Product 2022 & 2030 (%)
6.3 Spinal Cord Stimulator
6.3.1 Overview
6.3.2 Spinal Cord Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.4 Deep Brain Stimulator
6.4.1 Overview
6.4.2 Deep Brain Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.5 Sacral Nerve Stimulator
6.5.1 Overview
6.5.2 Sacral Nerve Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.6 Vagus Nerve Stimulator
6.6.1 Overview
6.6.2 Vagus Nerve Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
6.7 Others
6.7.1 Overview
6.7.2 Others: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa Neurostimulation Devices Market - Revenue and Forecast to 2030 - by Application
7.1 Overview
7.2 Middle East & Africa Neurostimulation Devices Market Revenue Share, by Application 2022 & 2030 (%)
7.3 Pain Management
7.3.1 Overview
7.3.2 Pain Management: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Epilepsy
7.4.1 Overview
7.4.2 Epilepsy: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Urinary and Fecal Incontinence
7.5.1 Overview
7.5.2 Urinary and Fecal Incontinence: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.6 Parkinson's Disease
7.6.1 Overview
7.6.2 Parkinson's Disease: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Neurostimulation Devices Market - Revenue and Forecast to 2030 - by End User
8.1 Overview
8.2 Middle East & Africa Neurostimulation Devices Market Revenue Share, by End User 2022 & 2030 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Specialty Clinics
8.4.1 Overview
8.4.2 Specialty Clinics: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Neurostimulation Devices Market - Revenue and Forecast to 2030 - Country Analysis
9.1 Middle East & Africa Neurostimulation Devices Market
9.1.1 Overview
9.1.2 Middle East & Africa: Neurostimulation Devices Market, by Country, 2022 & 2030 (%)
9.1.2.1 Saudi Arabia: Neurostimulation Devices Market - Revenue and Forecast to 2030 (USD Million)
9.1.2.2 Saudi Arabia: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
9.1.2.2.1 Saudi Arabia: Neurostimulation Devices Market, by Product, 2020-2030 (US$ Million)
9.1.2.2.2 Saudi Arabia: Neurostimulation Devices Market, by Application, 2020-2030 (US$ Million)
9.1.2.2.3 Saudi Arabia: Neurostimulation Devices Market, by End User, 2020-2030 (US$ Million)
9.1.2.3 South Africa: Neurostimulation Devices Market - Revenue and Forecast to 2030 (USD Million)
9.1.2.4 South Africa: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
9.1.2.4.1 South Africa: Neurostimulation Devices Market, by Product, 2020-2030 (US$ Million)
9.1.2.4.2 South Africa: Neurostimulation Devices Market, by Application, 2020-2030 (US$ Million)
9.1.2.4.3 South Africa: Neurostimulation Devices Market, by End User, 2020-2030 (US$ Million)
9.1.2.5 UAE: Neurostimulation Devices Market - Revenue and Forecast to 2030 (USD Million)
9.1.2.6 UAE: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
9.1.2.6.1 UAE: Neurostimulation Devices Market, by Product, 2020-2030 (US$ Million)
9.1.2.6.2 UAE: Neurostimulation Devices Market, by Application, 2020-2030 (US$ Million)
9.1.2.6.3 UAE: Neurostimulation Devices Market, by End User, 2020-2030 (US$ Million)
9.1.2.7 Rest of Middle East & Africa: Neurostimulation Devices Market - Revenue and Forecast to 2030 (USD Million)
9.1.2.8 Rest of Middle East & Africa: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
9.1.2.8.1 Rest of Middle East & Africa: Neurostimulation Devices Market, by Product, 2020-2030 (US$ Million)
9.1.2.8.2 Rest of Middle East & Africa: Neurostimulation Devices Market, by Application, 2020-2030 (US$ Million)
9.1.2.8.3 Rest of Middle East & Africa: Neurostimulation Devices Market, by End User, 2020-2030 (US$ Million)
10. Neurostimulation Devices Market-Industry Landscape
10.1 Overview
10.2 Organic Developments
10.2.1 Overview
10.3 Inorganic Developments
10.3.1 Overview
11. Company Profiles
11.1 Medtronic Plc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Boston Scientific Corp
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Abbott Laboratories
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 LivaNova Plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About Us
12.2 Glossary of Terms
List of Tables
Table 1. Neurostimulation Devices Market Segmentation
Table 2. Saudi Arabia Neurostimulation Devices Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 3. Saudi Arabia Neurostimulation Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 4. Saudi Arabia Neurostimulation Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 5. South Africa Neurostimulation Devices Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 6. South Africa Neurostimulation Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 7. South Africa Neurostimulation Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 8. UAE Neurostimulation Devices Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 9. UAE Neurostimulation Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 10. UAE Neurostimulation Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 11. Rest of Middle East & Africa Neurostimulation Devices Market, by Product - Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of Middle East & Africa Neurostimulation Devices Market, by Application - Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of Middle East & Africa Neurostimulation Devices Market, by End User - Revenue and Forecast to 2030 (US$ Million)
Table 14. Organic Developments Done by Companies
Table 15. Inorganic Developments Done by Companies
Table 16. Glossary of Terms, Neurostimulation Devices Market
List of Figures
Figure 1. Neurostimulation Devices Market Segmentation, By Country
Figure 2. Neurostimulation Devices Market: Key Industry Dynamics
Figure 3. Neurostimulation Devices Market: Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Neurostimulation Devices Market Revenue (US$ Mn), 2020 - 2030
Figure 5. Middle East & Africa Neurostimulation Devices Market Revenue Share, by Product 2022 & 2030 (%)
Figure 6. Spinal Cord Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Deep Brain Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Sacral Nerve Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Vagus Nerve Stimulator: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 11. Middle East & Africa Neurostimulation Devices Market Revenue Share, by Application 2022 & 2030 (%)
Figure 12. Pain Management: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Epilepsy: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Urinary and Fecal Incontinence: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Parkinson's Disease: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 17. Middle East & Africa Neurostimulation Devices Market Revenue Share, by End User 2022 & 2030 (%)
Figure 18. Hospitals & Clinics: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Specialty Clinics: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Others: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Middle East & Africa: Neurostimulation Devices Market, by Key Country - Revenue (2022) (US$ Million)
Figure 22. Middle East & Africa: Neurostimulation Devices Market, by Country, 2022 & 2030 (%)
Figure 23. Saudi Arabia: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. South Africa: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. UAE: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. Rest of Middle East & Africa: Neurostimulation Devices Market - Revenue and Forecast to 2030 (US$ Million)

Companies Mentioned

  • Medtronic Plc
  • Boston Scientific Corp
  • Abbott Laboratories
  • LivaNova Plc