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Pulished Date April, 2021
ID: 250
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Middle East and Africa Nanotechnology in Medical Devices Market Research Report – Segmented By Product, Application & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 250
Pages: 132

MEA Nanotechnology in Medical Devices Market Size (2021 to 2026)

The Nanotechnology in the Medical Devices Market in the Middle East & Africa was worth USD 774.28 Million in 2021 and is expected to reach USD 1503.93 Million by 2026, hiking at a CAGR of 14.2% between 2021 to 2026.

Nanotechnology has enormous potential to transform the healthcare sector, and it has grown rapidly across the Middle East and Africa over the last decade. Because of technological improvements and the rising prevalence of diseases associated with an older population, the market is likely to continue to grow in the future. There is growing anticipation that nanotechnology in medicine will lead to considerable improvements in illness diagnosis, treatment, and prevention.

Nanotechnology in medical devices has seen tremendous expansion, owing to increased government investment in nanotechnology research and development and greater international collaboration in research and the aging population in the Middle East and Africa. In addition, individuals' more excellent knowledge, rising healthcare expenditures, and the availability of reimbursement and insurance coverage for healthcare expenditures drive the market.

Nanotechnology in medical devices uses nano-robots to perform repairs at the cellular level, with dimensions that are frequently fractions of the width of a human hair and is expected to transform how we cure and detect human body damage. Many Nanotechnology applications are also in various testing phases and provide intriguing opportunities in the future. In the future years, nanotechnology across medicine can save a large number of lives in the Middle East and Africa.

High prices associated with nanotechnology-based medical equipment and stringent regulations that make product clearance time-consuming are limiting the market for nanotechnology in medical devices in this region. The virus began to spread worldwide in the first few months of 2020, affecting millions of people. As the COVID 19 eruption occurred, the global economy experienced a 4% drop. Work orders have been stopped in most countries, along with food restrictions. The medical device industry in the Middle East and Africa has been significantly impacted by nanotechnology. Except for medical equipment suppliers and life-saving products, all other sectors have suffered significant damage.

This research report on the MEA nanotechnology in the medical devices market has been segmented and sub-segmented into the following categories:

By Product: 

  • Implantable Material
  • Active Implantable Material
  • Biochips
  • Medical Textile
  • Wound Dressing
  • Others

By Application: 

  • Diagnostics
  • Therapeutics
  • Research

By Country: 

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

The Middle East and Africa market for nanotechnology-based medicinal solutions is growing rapidly. Factors such as the aging population, rising R&D spending, greater international research collaboration, and the expanding healthcare industry propel the market forward. Saudi Arabia, the United Arab Emirates, and Israel are key contributors to the global market.

The majority of the stock's value is accounted for by the highly developed healthcare system, various manufacturing businesses, and government-sponsored development programs.

Nanotechnology is offering new opportunities to prevent, diagnose, and treat COVID-19 and other viral diseases. In the Middle East and Africa, these factors are projected to drive the market for nanotechnology in medical devices over the coming years.

During the forecast period, Saudi Arabia is expected to dominate the Middle East and Africa Nanotechnology in the Medical Devices market. This is attributed to an increase in the prevalence of cancer, genetic, and cardiovascular disorders, advances in nanoscale diagnostic technologies, and a growing appetite for tailored medications.

In the Middle East and Africa Nanotechnology in Medical Devices market, the UAE has the second-largest share. The increased prevalence of dementia is likely to raise demand for effective nanomedicine-based treatments in managing the illness, propelling the market growth.

KEY MARKET PLAYERS:

Companies playing a dominant in the MEA Nanotechnology in Medical Devices Market covered in this report are AMAG pharmaceuticals, Jude Medical, Inc., Smith & Nephew, Inc., Perkin Elmer, Inc., Acusphere, Inc., 3M Company, Affymetrix, Inc., Starkey Hearing Technologies, and Stryker Corporation.

  1. Introduction

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

  1. 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                          

  1. Overview

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                               

  1. 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                              

  1. Market Segmentation

                5.1 By Product                  

                                5.1.1 Implantable Material          

                                                5.1.1.1 Bone Restorative Material

                                                5.1.1.2 Dental Filling Material

                                5.1.2active implantable material               

                                                5.1.2.1 Hearing Aid Devices

                                                5.1.2.2 Cardio Rhythm Management Devices

                                5.1.3 Biochips    

                                5.1.4 Medical Textile and Wound Dressing           

                                5.1.5 Others      

                5.2 By Application                           

                                5.2.1 Diagnostics              

                                5.2.2 Therapeutics          

                                5.2.3 Research  

  1. Geographical Analysis

                6.1 Introduction                               

                6.2 Middle-East                                

                6.3 Africa                            

  1. 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     

  1. Market Leaders' Analysis

                8.1 Acusphere, Inc.                        

                                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 AMAG Pharmaceuticals                        

                8.3 Stryker Corporation                

                8.4 3M Company                             

                8.5 St. Jude Medical, Inc.                             

                8.6 Affymetrix, Inc.                        

                8.7 Smith & Nephew, Inc.                            

                8.8 PerkinElmer, Inc.                      

                8.9 Starkey Hearing Technologies                            

  1. 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                         

  1. Expert Opinions

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

     Appendix                                          

a) List of Tables

b) List of Figures

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Middle East & Africa Nanotechnology in Medical Devices Market, By Region, From 2021 to 2026 (USD Million)
  2. Middle East & Africa Nanotechnology in Medical Devices Market, By Product, From 2021 to 2026 (USD Million)
  3. Middle East & Africa Implantable Material Market, By Region, From 2021 to 2026 (USD Million)
  4. Middle East & Africa Biochips Market, By Region, From 2021 to 2026 (USD Million)
  5. Middle East & Africa Medical Textile and Wound Dressing Market, By Region, From 2021 to 2026 (USD Million)
  6. Middle East & Africa Active Implantable Material Market, By Region, From 2021 to 2026 (USD Million)
  7. Middle East & Africa Other products of Nanotechnology in Medical Device Market, By Region, From 2021 to 2026 (USD Million)
  8. Middle East & Africa Nanotechnology in Medical Devices Market, By Application, From 2021 to 2026 (USD Million)
  9. Middle East & Africa Diagnostics Market, By Region, From 2021 to 2026 (USD Million)
  10. Middle East & Africa Therapeutics Market, By Region, From 2021 to 2026 (USD Million)
  11. Middle East & Africa Research Market, By Region, From 2021 to 2026 (USD Million)
  12. Middle East Nanotechnology in Medical Devices Market, By Product, From 2021 to 2026 (USD Million)
  13. Middle East Nanotechnology in Medical Devices Market, By Application, From 2021 to 2026 (USD Million)
  14. Africa Nanotechnology in Medical Devices Market, By Product, From 2021 to 2026 (USD Million)
  15. Africa Nanotechnology in Medical Devices Market, By Application, From 2021 to 2026 (USD Million)
  16. Middle East & Africa Nanotechnology in Medical Devices Market, By Implantable Material, From 2021 to 2026 (USD Million)
  17. Middle East & Africa bone restorative material Market, By Region, From 2021 to 2026 (USD Million)
  18. Middle East & Africa dental filling material Market, By Region, From 2021 to 2026 (USD Million)
  19. Middle East Nanotechnology in Medical Devices Market, By Implantable Material, From 2021 to 2026 (USD Million)
  20. Africa Nanotechnology in Medical Devices Market, By Implantable Material, From 2021 to 2026 (USD Million)
  21. Middle East & Africa Nanotechnology in Medical Devices Market, By Active Implantable Material, From 2021 to 2026 (USD Million)
  22. Middle East & Africa Hearing Aid Devices Market, By Region, From 2021 to 2026 (USD Million)
  23. Middle East & Africa Cardio Rhythm Management Devices Market, By Region, From 2021 to 2026 (USD Million)
  24. Middle East & Africa Rental Implants Market, By Region, From 2021 to 2026 (USD Million)
  25. Middle East Nanotechnology in Medical Devices Market, By Active Implantable Material, From 2021 to 2026 (USD Million)
  26. Africa Nanotechnology in Medical Devices Market, By Active Implantable Material, From 2021 to 2026 (USD Million)

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