Middle East and Africa Critical Care Equipment Market by Product Type (Patient Monitors, Sleep Apnea Devices, Defibrillator, Anesthesia Machine, Ventilators, Infusion Pump, Blood Warmer), by Patient (Adult, Geriatric, Pediatric and Neonates), by Application (Surgeries, Coronary Angioplasty, Atrial Fibrillation, Acute Coronary Syndrome, Pulmonary, Embolism, Deep Vein Thrombosis, Hemodialysis), By End-User (Hospitals, Ambulatory Surgical Centers, Clinics, Homecare Settings, Trauma Center)
- Published Date: April 2020
- Report ID: BWC20009
- Available Format: PDF
- Page: 108
Middle East and Africa Critical Care Equipment Market Forecast and Trends
The Middle East and Africa Critical Care Equipment market estimated to be USD 804 million in 2019, and is projected to reach the valuation of USD 1190 million by the year 2026 by growing at a CAGR of 5.7% during the forecast period 2020-2026.
The growth of the Middle East & African critical care equipment market is primarily driven by the increasing number of hospitals, the aging population, and increasing occurrences of cardiovascular diseases. Moreover, increased spending on healthcare and increased investments in advanced medical equipment are also boosting the market in the region.
Furthermore, the African countries have an overall strong demand for medical equipment’s, as the region lacks extensive medical care, which is expected to grow in years to come and will boost the critical care equipment market.
However, the high cost of critical care equipment, steady demand, and stringent regulatory bodies are the factors hindering the growth of the market.
Middle East and Africa Critical Care Equipment Market: Overview
Critical care is specially nursing unit designed, equipped and staffed with skilled medical staff for critically-ill patients. Various advanced technology critical care equipment is used to treat critically ill patients. Medical User Interface (UI) is a UI of the medical device or healthcare application. It is a touch screen interface or Graphical User Interface (GUI) along with button/knob controls. It acts as a medium of interaction between physicians and medical devices. There is a variety of medical equipment such as a ventilator system, electrocardiogram (ECG) machine, infusion pump, patient monitoring system, defibrillator, and ultrasonography machine, which are used for patient care in ICU.
Critical care is functional care given to those patients in intensive care units, for those who are facing life-threatening ailments and need constant monitoring as well as complete care. The critical care equipment utilized in intensive care units is intended to provide care as well as monitoring round the clock. Emergency resuscitation equipment, pain management equipment, patient monitoring equipment, life support, respiratory as well as cardiac support equipment is the major critical care equipment used in Intensive care units.
Increasing prevalence of fatal disease
The aging population is one of the significant factors driving the growth of the critical care equipment market. Furthermore, an increase in coronary heart-related illness due to modern lifestyles is expected to propel further the demand for critical care equipment for intensive care units in hospitals. The massive investments in the healthcare sector provide modern medical treatment facilities for patients with essential conditions of healthcare, and it is expected to boost the growth of the market. Increasing income among the population in the emerging nations is expected to provide more healthcare access to the people.
High Investment in Healthcare
Increasing government support and investment in the healthcare systems in GCC economies is expected to help in supporting the growth of the critical care equipment market. The appearance of cheaper critical care equipment manufacturers in the market is expected to propel market growth. These are the major growth drivers for the Middle East and Africa Critical Care market during the forecast period.
The cost of critical care equipment is widely known as being both expensive and increasing. It remains a challenge to carefully assess the cost of intensive care due to the absence of standardized methodology. It is also considerable heterogeneity between countries and even within the country in the allocation of resources and distribution of critical care services and the cost of equipment. These are major restraint in the critical care equipment market during the forecast period.
Middle East and Africa Critical Care Equipment Market: Product Type
Based on product type, the Middle East and Africa Critical Care Equipment market is segmented into Patient Monitors, Sleep Apnea Devices, Defibrillator, Anesthesia Machine, Ventilators, Infusion Pump, and Blood Warmer. Ventilator segment is expected to grow at a high CAGR during the forecast period. Ventilators help the patient with their breathing; the machine blows air and oxygen into the lungs by tube in their mouth (endotracheal tube). Ventilators machines are complex, they can either breathe for the patient in need exclusively, or may help patient to breathe on top of a breathing rate fixed by the intensive care team.
Middle East and Africa Critical Care Equipment Market: End-User
Based on product End-User, the Middle East and Africa Critical Care Equipment market is segmented into Hospitals, Ambulatory Surgical Centers, Clinics, Homecare Settings, Trauma Center. Hospital segmented is expected to dominate the market during the forecast period. As in the hospital, there is a multidisciplinary team including pharmacists and nurses; respiratory support therapists; and other professional experts with a diverse variety of specialties including anesthesia, pediatrics, and anesthesiology. The perfect ICU must involve a staff that can include as many as 31 separate health care providers and clinicians that can help in examining and managing patients.
Middle East and Africa Critical Care Equipment Market: Regional Insights
Based on region, the Middle East and Africa Critical Care Equipment market segmented into Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa. Saudi Arabia market is expected to grow at a high CAGR during the forecast period. As Saudi Arabia has high GDP and the government is investing extensively in the healthcare system in the country.
Healthcare systems in the Middle East and Africa are constantly evolving in order to adapt to new challenges presented by changes in the disease patterns, environment, demographics, and a myriad of other factors that may affect the delivery of healthcare services. Many factors have a direct impact on health systems, including a country’s wealth, population size, human resource capacity, and exposure to conflict. These factors are expected to drive critical care equipment in the region.