Growing Demand in Emerging Markets to Bolster Capnography Equipment Market in MEA during Forecast Period
Leading players in the capnography equipment market focus on increasing their customer reach across emerging markets by expanding their distribution networks and augmenting manufacturing capabilities. In addition, high investments in life science and healthcare research in emerging countries play a crucial role in upgrading technologies. In turn, this supports the inclination toward advanced capnography equipment for the detection of CO2 levels. A growing number of surgeries, especially minimally invasive surgeries, an increasing target-based population, and the rising number of hospitals and surgical centers in emerging countries drive the growth of the capnography equipment market in emerging nations.
Market Overview
The capnography equipment market in the Middle East & Africa is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. The market is expected to grow in the coming years due to the increasing prevalence of respiratory diseases, particularly in Israel, South Africa, and GCC countries. Moreover, the growing adoption of newer technologies in healthcare facilities propels the market growth. Further, asthma and allergic rhinitis are among the most common diseases among children in the UAE. Lung cancer is the second most common cancer among others in the country. The UAE is expected to register the highest CAGR in the capnography equipment market in the region during the forecast period. According to the Official cancer portal of the UAE Government, every year, 4,500 new cancer cases are reported. Out of these, 150 cases are of lung cancer. Furthermore, due to sandstrom-prone environments create more respiratory illness. About 1.3 million people in the UAE suffer from respiratory illness. Thus, the increasing prevalence of respiratory disease propels the growth of the capnography equipment market in the Middle East & Africa.
Strategic insights for the Middle East & Africa Capnography Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 10.03 Million |
Market Size by 2028 | US$ 14.83 Million |
Global CAGR (2022 - 2028) | 6.7% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Capnography Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
MEA Capnography Equipment Market Segmentation
The MEA capnography equipment market is segmented into product type, technology, application, end user and country. Based on product type, the market is segmented into capnometer and capnography accessories & disposables. The capnography accessories & disposables segment registered a larger market share in 2022.
Based on technology, the MEA capnography equipment market is segmented into mainstream capnography, sidestream capnography, and microstream capnography. The mainstream capnography segment registered the largest market share in 2022. Based on application, the MEA capnography equipment market is segmented into cardiac care, trauma and emergency care, procedural sedation, respiratory monitoring, and others. The cardiac care segment registered the largest market share in 2022. Based on end user, the MEA capnography equipment market is segmented into hospitals, ambulatory surgery center, home care settings, and others. The hospitals segment registered the largest market share in 2022. Based on country, the market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of the MEA. The Rest of the MEA dominated the market share in 2022. BD, Dragerwerk AG & Co. KGaA, General Electric Company, Hill Rom Holding Inc. (Baxter), ICU Medical Inc., Koninklijke Philips N.V., Masimo, Medtronic, Nihon Kohden Corporation, and SCHILLER Americas Inc. are the leading companies operating in the capnography equipment market in the region.
The Middle East & Africa Capnography Equipment Market is valued at US$ 10.03 Million in 2022, it is projected to reach US$ 14.83 Million by 2028.
As per our report Middle East & Africa Capnography Equipment Market, the market size is valued at US$ 10.03 Million in 2022, projecting it to reach US$ 14.83 Million by 2028. This translates to a CAGR of approximately 6.7% during the forecast period.
The Middle East & Africa Capnography Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Capnography Equipment Market report:
The Middle East & Africa Capnography Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Capnography Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Capnography Equipment Market value chain can benefit from the information contained in a comprehensive market report.