The Middle East and Africa Advanced Wound care market has been estimated at USD 0.54 billion in 2022 and is projected to reach USD 0.67 billion by 2027, at a CAGR of 4.33% during the forecast period.
YOY rise in the number of diabetes cases is the primary factor promoting the advanced wound care market growth in the Middle East and Africa. Nearly 73 million population in the Middle East and Africa suffer from diabetes, according to a survey conducted in 2021. Chronic ulcers are primarily seen in diabetes patients, which affects their quality of life and increases risks in their glucose levels. A foot ulcer is a significant wound in diabetic people with high risk. This foot ulcer may be caused due to several reasons, such as a reduction in blood flow and high plantar pressure. High levels of these foot ulcers may result in limb loss and mortality. In this type of case, wound care plays a vital role in managing diabetic foot ulcers by cleaning the wound using advanced techniques done in hospitals and clinics center, which drives the advanced wound care market in this region forward.
YOY growth in the aging population is another major factor propelling the MEA advanced wound care market. The aged people are more prone to chronic wounds due to a decreased water content in their body, low immunity power, less tensile strength, and less integrity between the dermis and epidermis. Some chronic wounds in older people are venous leg ulcers, arterial insufficiency, and pressure ulcers (PUs). The severity of these may lead to death. These chronic wounds would affect the entire life of the older population. As a result, they prefer advanced wound care systems for the prevention or reduction of chronic wounds, which propels the market growth.
A growing number of road accidents and increasing cases of burns are further anticipated to fuel the market’s growth rate. Burn cases are higher in Africa due to household or workplace accidents. Increasing traffic and increasing night rides are the primary reason for the injuries. These injuries are at an advanced stage. These people undergo advanced wound care therapy to reduce the wound severity if they encounter a difficult situation.
On the other hand, high costs associated with advanced wound care products, lack of product approvals, lack of availability of wound care treatment in some areas, lack of skilled professionals, and lack of awareness about different types of advanced wound care methods are a few of the major factors hampering the advanced wound care market in the Middle East and Africa.
This research report on the MEA Advanced Wound Care Market has been segmented and sub-segmented into the following categories:
The Middle East and Africa accounted for a moderate share of the global market in 2021, owing to the growing number of surgical procedures and healthcare expenditures. An increasing number of patients with chronic diseases is the primary reason for increasing surgical procedures. After the surgical procedures, some people met with severe infections in the operated areas, requiring advanced wound care methods to cure the infection. Key players in this region are focusing on increasing clinical trials for wound care products and increasing production based on the data taken from the health organization. Additionally, increasing investment in research and development also raises the market demand.
Saudi Arabia is one of the promising countries in the MEA advanced wound care market. Increasing training institution about the different types of wound care therapies in Saudi Arabia drives the market forward in this region. In addition, the government has supported the implementation of advanced wound care therapies for patients suffering from chronic wounds in recent years. Therefore, increasing awareness programs about wound care products and treatments for people suffering from chronic wounds helps to market demand.
UAE is anticipated to register healthy growth during the forecast period. Increasing home care services in UAE for chronic wounds is the factor that demands market growth in this area. Most people prefer home treatment compared to visiting the hospital with their wounds. This is because they feel uncomfortable or need someone's assistance to visitors to the hospital.
KEY MARKET PLAYERS:
A few of the dominating companies in the MEA advanced wound care market profiled in this report are Acelity L.P., Inc., Smith and Nephew Plc., Mölnlycke Health Care, ConvaTec, Inc., Coloplast Corp., 3M Healthcare, Medtronic, Integra Lifesciences Corporation and Organogenesis Inc.
The advanced wound care market size in MEA is expected to be valued at USD 670 million by 2027.
Factors such as the increasing aging population, rising prevalence of chronic diseases, and growth in the number of surgeries and traumatic injuries are accelerating the growth of the advanced wound care market in the MEA region.
Johnson & Johnson, Smith & Nephew, Mölnlycke Health Care, B. Braun Melsungen AG, ConvaTec Group PLC, and others are some of the noteworthy companies in the MEA advanced wound care market.
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