Middle East & Africa Implantable Medical Device Market Size & Outlook
MEA implantable medical device market highlights
- The MEA implantable medical device market generated a revenue of USD 3.1 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, cardiovascular was the largest revenue generating product in 2023.
- Cardiovascular is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 3.1 million |
| Market revenue in 2030 | USD 4.0 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Cardiovascular |
| Fastest growing segment | Cardiovascular |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiovascular |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global implantable medical device market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 34.3 million by 2030.
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Implantable Medical Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Cochlear Ltd | View profile | 4773 | 1 University Avenue, Macquarie University, Sydney, NSW, Australia, 2109 | https://www.cochlear.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Integra Lifesciences Holdings Corp | View profile | 3946 | 1100 Campus Road, Princeton, NJ, United States, 08540 | https://www.integralife.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Middle East & Africa implantable medical device market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to implantable medical device market will help companies and investors design strategic landscapes.
Cardiovascular was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa implantable medical device market based on cardiovascular covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa implantable medical device market databook
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Our clientele includes a mix of implantable medical device market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa implantable medical device market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa implantable medical device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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