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Middle East & Africa Cardiovascular Monitoring & Diagnostic Devices Market Research Report – Segmented By Product & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 198
Pages: 145

MEA Cardiovascular Monitoring & Diagnostic Devices Market Size (2022 to 2027)

The Cardiovascular Diagnostic and Monitoring Devices Market in the Middle East & Africa was worth 214.00 million in 2022 and estimated to be growing at a CAGR of 8.76%, to reach 325.65 million by 2027.

Cardiovascular disease is a medical condition that affects the structure and function of organs associated with the heart's function and its circulation. Cardio Vascular diseases are the primary cause of death and witnessing a high rise in prevalence. A large number of people are being diagnosed with cardiovascular diseases such as periphery artery diseases, coronary artery diseases, congenital heart diseases, and pulmonary conditions, shifting focus towards preventative healthcare.

The Middle East & Africa market for cardiovascular devices is majorly driven by factors such as an increasing number of people suffering from diabetes and obesity and growing risks related to hypertension and heart muscle weakening. Advancements in Technology have enabled portability features such as portability in performing various tests and adding to the growth of the Cardiovascular Monitoring market.

However, unclear reimbursement policies, stringent government regulations for product approvals, and the high cost of devices are major factors restraining market growth.

This research report on the MEA Cardiovascular Monitoring & Diagnostic Devices Market has been segmented and sub-segmented into the following categories:

By Product:

  • ECG Systems
    • Resting ECG Systems
    • Stress ECG Systems
  • Event Monitors
  • Holter Monitors
  • Implantable Loop Recorders
  • ECG Management Systems

By Country: 

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

Regionally, Middle-East is the largest market within this region due to high disposable income and increasing awareness about diagnostic procedures. At the same time, Africa is estimated to be the fastest-growing due to its high population base and many untapped markets providing a greater opportunity for growth.

Noteworthy companies operating in the MEA Cardiovascular Monitoring & Diagnostic Devices Market GE Healthcare and Phillips Healthcare, Siemens Healthcare, Boston Scientific Corporation, St. Jude Medical, Inc., Nihon Kohden Corporation, and Welch Allyn, Inc.

1. Introduction                                                                 

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 New Developments                                                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1.1 ECG Systems                                                          

                                5.1.1.1 Resting ECG Systems                                      

                                5.1.1.2 Stress ECG Systems                                         

                5.1.2 Event Monitors                                                     

                5.1.3 Holter Monitors                                                    

                5.1.4 Implantable Loop Recorders                                                           

                5.1.5 ECG Management Systems                                                             

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                6.2 Middle-East                                                                

                6.3 Africa                                                            

7. Strategic Analysis                                                                       

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8. Market Leaders' Analysis                                                                        

                8.1 GE Healthcare                                           

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Strategic Evaluation and Operations                                            

                                8.1.4 Financial analysis                                  

                                8.1.5 Legal issues                                             

                                8.1.6 Recent Developments                                       

                                8.1.7 SWOT analysis                                       

                                8.1.8 Analyst View                                          

                8.2 Philips Healthcare                                    

                8.3 Siemens Healthcare                                

                8.4 Boston Scientific Corporation                                             

                8.5 St. Jude Medical, Inc                                               

                8.6 Nihon Kohden Corporation                                 

                8.7 Welch Allyn, Inc.                                       

                8.8 Spacelabs Healthcare                                             

                8.9 LivaNova PLC                                             

                8.10 Hill-Rom Holdings, Inc.                                         

9. Competitive Landscape                                                                           

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10. Expert Opinions                                                                        

                10.1 Market Outlook                                                     

                10.2 Investment Opportunities                                                 

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  1. Middle East & Africa Cardiovascular Monitoring and Diagnostic Devices Market, By Region, From 2022 - 2027 (USD Million)
  2. Middle East & Africa Cardiovascular Monitoring and Diagnostic Devices Market, By Product Type, From 2022 - 2027 (USD Million)
  3. Middle East & Africa ECG Systems Market, By Region, From 2022 - 2027 (USD Million)
  4. Middle East & Africa Event Monitors Market, By Region, From 2022 - 2027 (USD Million)
  5. Middle East & Africa Holter Monitors Market, By Region, From 2022 - 2027 (USD Million)
  6. Middle East & Africa Implantable Loop Recorders Market, By Region, From 2022 - 2027 (USD Million)
  7. Middle East & Africa ECG Management Systems Market, By Region, From 2022 - 2027 (USD Million)
  8. Middle East Cardiovascular Monitoring and Diagnostic Devices Market, By Product Type, From 2022 - 2027 (USD Million)
  9. Africa Cardiovascular Monitoring and Diagnostic Devices Market, By Product Type, From 2022 - 2027 (USD Million)

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