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Middle East & Africa Blood Brain Barrier Technologies Market Research Report - By Region - Industry Analysis, Size, Share, Growth, Trends, & Forecasts (2023 to 2028)

Published: March, 2023
ID: 4436
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East & Africa Blood-Brain Barrier Technologies Market Size & Growth (2023 to 2028)

The MEA Blood-Brain Barrier Technologies Market Size was valued at USD 29.44 Million in 2023 and is expected to reach USD 73.40 Million by 2028, to grow at a sluggish CAGR of 20.04% from 2023 to 2028.

Increasing incidence of neurological illnesses such as meningitis, multiple sclerosis, Parkinson's disease, & encephalitis, increasing investment in R & D for the development of drugs & delivery devices, increasing awareness about healthcare, and a rising number of initiatives by various governments & government associations are some of the critical factors driving healthcare in MEA region.

The vast pool of patients, increased awareness of the condition, better healthcare infrastructure, and rising government financing are the main driving forces for developing nations' blood-brain barrier technology market.

Drugs and delivery devices that can cross the blood-brain barrier are being developed, which will help the MEA blood-brain barrier technologies market grow.

The role of these blood-brain barriers is to protect brain health by preventing pathogens from entering the brain, including the most prevalent infectious bacteria & viruses and also other pathogens.

However, in most countries, complex regulatory frameworks for medication approval and long approval times for pharmaceuticals due to a lack of knowledge of the brain are significant limitations to the growth of the Middle East and the African blood-brain barrier technology market.

Geographically, the Middle East & Africa Blood-Brain Barrier Technologies Market holds a moderate share globally, owing to the increased incidence of neurological disorders and the growing senior population.

The UAE blood-brain barrier technologies market has the most significant revenue in the MEA region. This can open new doors for the blood-brain technologies market in terms of future possibilities since many brain disorders are more likely to affect the senior population, propelling the market's development and expansion.

The Saudi Arabia blood-brain barrier technologies market is predicted to reach a decent CAGR over the forecast period. Regionally, the blood-brain barrier is distinguished by a semipermeable dynamic interface that divides the capillaries that supply blood to the brain & spinal cord tissue by preventing some chemicals from passing.

The South African blood-brain barrier technologies market is expected to grow significantly during the forecast period. As a result, the MEA region is expected to have significant growth rates globally.

KEY MARKET PLAYERS

Key market participants operating the MEA Blood-Brain Barrier Technologies market profiled in the report are Bristol-Myers Squibb Company, Pfizer, Inc., Janssen Pharmaceutical N.V., Eli Lilly and Company, biOasia Technologies, Inc, Fabre-Kramer Pharmaceuticals, Inc., Teva Pharmaceuticals Industries, Ltd., F. Hoffmann La-Roche, Ltd., Cypress Biosciences, Inc., NeuroVive Pharmaceutical AB, and ArmaGen.,

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