The size of the Respiratory Devices Market in Middle-East Africa was worth USD 1.30 billion in 2022. It is further estimated to be growing at a CAGR of 8.61% and worth USD 1.97 billion by 2027.
Respiratory devices are medical devices that are used to aid patients who are suffering from respiratory problems and cannot attain sufficient oxygen levels to sustain life. The devices are used in chronic obstructive pulmonary diseases (COPD), a deteriorating lung disease that mainly includes chronic bronchitis and emphysema.
The market for MEA respiratory devices market is driven by the rising prevalence of respiratory diseases such as chronic obstructive pulmonary diseases (COPD), asthma, chronic bronchitis, pulmonary hypertension, pneumonia, and other respiratory diseases. These diseases are increasing due to constant environmental changes, tobacco, recurrent lower respiratory infections during childhood, air pollution, occupational chemicals, and dust driving the growth of the Middle East & Africa respiratory devices market. Also, technological advancements in respiratory devices for developing innovative and advanced devices are fuelling the market growth.
In addition, the increase in growing awareness among the people about various respiratory diseases with the increasing disposable income is propelling the growth of the MEA respiratory devices market.
On the other hand, the increase in investments from government and non-government in research and development activities for manufacturing new and advanced diagnosing devices and the rising incidences of preterm births in the region are uplifting the market growth.
Furthermore, increasing urbanization, growing population, and increasing healthcare expenditure contribute to the MEA respiratory devices market.
However, increase in the cost of the devices and treatment are majorly hampering the growth of the Middle East & Africa respiratory devices market. Also, strict government rules and regulations for introducing products in the market inhibit market growth.
In addition, lack of proper access to medical and health care devices for treatment procedures. Also, a lack of awareness among the people about risks associated with respiratory diseases is affecting the growth of the MEA respiratory devices market.
This research report on the Middle East and Africa Respiratory Devices Market has been segmented and sub-segmented into the following categories:
Diagnostic & Monitoring Devices
By End User:
rest of GCC countries
rest of MEA
Based on region, The Middle East & Africa respiratory devices market is expected to account for a moderate share during the forecast period. The regional market growth is fuelled by the growing elderly population, the rising prevalence of respiratory diseases among the people, and the improving healthcare sector. South Africa, UAE, and Saudi Arabia are significantly contributing to the MEA regional market growth.
South Africa held the largest share of the MEA respiratory devices market, and it is likely to register significant growth during the forecast period. Respiratory diseases such as COPD, pulmonary tuberculosis are 30.2 percent, asthma and pneumonia are 51.9 percent, and are the most common diseases increasing in South Africa, mainly due to tobacco smoking and increasing pollution. In addition, asthma causes inflammation in the airways, resulting in coughing and developing chest tightness; it is also becoming more common in South Africa among youngsters.
Similarly, the UAE is likely to hold a considerable share in the Middle East & Africa respiratory devices market. Increased technological advancements drive the market growth, availability of well-equipped healthcare services and infrastructure, as well as an increase in the growing awareness among the people about treatment and precautions associated with respiratory diseases, is projected to help the market growth.
On the other hand, Saudi Arabia is estimated to witness a promising share in the MEA respiratory devices market. The market growth is driven by the increase in investments and fundings from government and non-government in research and development activities for manufacturing innovative devices, and growing competition between players contributes to the market growth.
KEY MARKET PARTICIPANTS:
A few of the notable companies operating in the MEA respiratory devices market profiled in this report are Masimo Corporation, ResMed, Inc., Fisher and Paykel Healthcare Limited, Philips Healthcare, Covidien plc, and CareFusion Corporation.
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