Increasing Popularity of Cosmetic Surgery and Medical Tourism in Developing Economies to Boost Middle East & Africa Surgical Stapling Devices Market
The beauty industry and standards have undergone a significant change in the last few decades. People are not thinking twice before opting for cosmetic procedures to keep up with beauty trends. In addition to surgeries performed for enhancing aesthetics, the demand for various procedures such as breast augmentation, tummy tuck, lipoplasty, rhinoplasty, and hair transplant is increasing significantly. In the past few years, there has been significant growth in the number of breast augmentation and implant removal procedures performed in different countries. Therefore, a surge in the popularity of cosmetic surgeries and the growth of medical tourism in developing economies are creating ample opportunities for the surgical stapling devices market players.Middle East & Africa Surgical Stapling Devices Market Overview
The Middle East & Africa surgical stapling devices market has been segmented into the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. Saudi Arabia accounted for the largest market share in 2021. The market in the country is expected to develop at a moderate pace in the coming years. The surgical stapling devices market growth in the Middle East & Africa is attributed to factors such as significant advancements in healthcare facilities, high adoption of robotics in therapeutics, and geographic expansion of market players. Moreover, growing investments in the healthcare sector from several private and government institutions are expected to boost market growth during the forecast period.Middle East & Africa Surgical Stapling Devices Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Surgical Stapling Devices Market Segmentation
The Middle East & Africa surgical stapling devices market is segmented on the basis of product, type, application, end user, and country. Based on product, the Middle East & Africa surgical stapling devices market is segmented into powered surgical staplers and manual surgical staplers. The powered surgical staplers segment held a larger market share in 2022.Based on type, the Middle East & Africa surgical stapling devices market is segmented into disposable surgical staplers and reusable surgical staplers. The disposable surgical staple segment held a larger market share in 2022.
Based on application, the Middle East & Africa surgical stapling devices market is segmented into orthopedic surgery, endoscopic surgery, cardiac and thoracic surgery, abdominal and pelvic surgery, and others. The orthopedic surgery segment registered the largest market share in 2022.
Based on end user, the Middle East & Africa surgical stapling devices market is segmented into hospitals and ambulatory surgical centers. The hospitals segment registered a larger market share in 2022.
Based on country, the Middle East & Africa surgical stapling devices market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the market in this region in 2022.
3M Co, B. Braun SE, Conmed Corp, Intuitive Surgical Inc, Medtronic Plc, and Purple Surgical UK Ltd are the leading companies operating in the Middle East & Africa surgical stapling devices market.
Table of Contents
Companies Mentioned
- 3M Co
- B. Braun SE
- Conmed Corp
- Intuitive Surgical Inc
- Medtronic Plc
- Purple Surgical UK Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 116 |
Published | July 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 237.39 million |
Forecasted Market Value ( USD | $ 365.66 million |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 6 |