Middle East & Africa Neuroprosthetics Market Size & Outlook
Related Markets
MEA neuroprosthetics market highlights
- The MEA neuroprosthetics market generated a revenue of USD 259.9 million in 2023.
- The market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
- In terms of segment, motor prosthetics was the largest revenue generating type in 2023.
- Motor Prosthetics is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 259.9 million |
| Market revenue in 2030 | USD 718.7 million |
| Growth rate | 15.7% (CAGR from 2024 to 2030) |
| Largest segment | Motor prosthetics |
| Fastest growing segment | Motor Prosthetics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Motor Prosthetics, Cochlear Implants, Cognitive Prosthetics, Retinal Implants |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.0% of the global neuroprosthetics 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 7,246.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Neuroprosthetics Market Scope
Neuroprosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BrainGate | View profile | - | Stanford, California, United States, North America | https://www.braingate.org |
| Retina Implant | View profile | 11-50 | Reutlingen, Baden-Wurttemberg, Germany, Europe | http://www.retina-implant.de |
| NeuroPace Inc | View profile | 181 | 455 N. Bernardo Avenue, Mountain View, CA, United States, 94043 | https://www.neuropace.com |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| St. Jude Medical | View profile | 10001+ | Saint Paul, Minnesota, United States, North America | http://www.sjm.com |
| Sonova Holding AG | View profile | 18151 | Laubisrutistrasse 28, Stafa, Switzerland, CH-8712 | https://www.sonova.com |
| Cochlear Ltd | View profile | 4773 | 1 University Avenue, Macquarie University, Sydney, NSW, Australia, 2109 | https://www.cochlear.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.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 |
Middle East & Africa neuroprosthetics 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 neuroprosthetics market will help companies and investors design strategic landscapes.
Motor prosthetics was the largest segment with a revenue share of 49.67% in 2024. Horizon Databook has segmented the Middle East & Africa neuroprosthetics market based on motor prosthetics, cochlear implants, cognitive prosthetics, retinal implants covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Middle East & Africa neuroprosthetics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa neuroprosthetics market databook
-
Our clientele includes a mix of neuroprosthetics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 neuroprosthetics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa neuroprosthetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA neuroprosthetics market size, by country, 2018-2030 (US$M)
Middle East & Africa Neuroprosthetics Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
