The Size of the MEA Powered Surgical Instruments Market is valued at USD 781.39 million in 2022 and is predicted to grow at a CAGR of 7.04%, reaching USD 1097.99 million by 2027 during the forecast period 2022 to 2027.
One of the primary factors driving the powered surgical instruments market growth is the senior population and the rising prevalence of chronic diseases such as diabetes and hypertension.
Furthermore, the increasing use of digital devices such as smartphones, laptops, e-readers, and PCs, as well as the rising number of cases of age-related macular degeneration (AMD), are boosting the market's overall growth.
The primary drivers that boosted the market demand in the forecast period were increased demand for powered surgical instruments and an increase in orthopedic procedures. In addition, the rise in neurological and orthopedic problems fueled demand for surgical power instruments, which perform functions on bone or bone fragments, among other things.
Surgical power instruments are essential during surgeries. Surgical power tools are equipment and devices used during various surgeries and provide multiple benefits such as power optimization, smooth delivery, and compatibility with a wide range of attachments, all of which increase surgeons' utilization of them.
The market's expansion is expected to be hampered by the high costs of ophthalmic devices and a scarcity of experienced personnel. On the other side, in low-income economies, a lack of awareness and limited access to eye care can threaten the market's growth.
This research report on the Middle East & Africa Powered Surgical Instruments Market has been segmented and sub-segmented into the following categories.
By Power Source:
Geographically, the Middle East & Africa Powered Surgical Instruments Market has a moderate share of the worldwide market, is at the forefront of regional growth, and contributes significantly to global revenue because of a growing number of hospitals and various market companies are constantly working on developing new centrifuge products, which are encouraging the region's growth, due to the increasing prevalence of diseases and increased awareness about diagnosis and treatment.
High torque electronic handpieces have also been discovered due to rapid research and development in the region. The invention of such powerful equipment has transformed surgical procedures, making them more efficient and error-free.
The UAE powered surgical instruments market is predicted to grow significantly in this region due to the prevalence of chronic diseases, increasing surgery volume, elderly patients expecting higher levels of function, and reimbursement models that incentivize complex fusion surgery, driven by technological advancement in this region.
The Saudi Arabia powered surgical instruments market is expected to reach significant growth due to the emergence of electrically powered surgical instruments has attracted surgeons, who often favor these because of their rapid speed, which improves surgery flexibility.
Furthermore, the emergence of electrically powered surgical power tools has attracted surgeons, who often favor these electric instruments because of their rapid speed, which improves surgery flexibility.
According to the Global Health and Wellness Report in 2018, nearly 40% of Kuwait's adult population was diagnosed with cardiovascular disease, resulting in increased demand for highly efficient and immediate treatments, such as cardiovascular surgeries, which will drive the use of surgical instruments.
The South African powered surgical instruments market growth is projected to be influenced by the introduction of robot-assisted surgical techniques. Furthermore, the growing senior population in the Middle East and Africa and the rising frequency of lifestyle illnesses are driving the regional market for powered surgical tools.
KEY MARKET PLAYERS
Key Market Companies dominating the Middle East & Africa Powered Surgical Instruments Market Profiled in the Report are B. Braun Melsungen Ag, Medtronic, Inc., Smith and Nephew PLC, Microaire Surgical Instruments, Inc., Johnson and Johnson, Stryker Corporation, Conmed Corporation, Peter Brasseler Holdings, LLC., Zimmer Holdings, and Desoutter Medical Ltd. among others.,
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