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Middle East and Africa Embolization Agents Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Coils, Plugs, Beads/ Particles, Detachable Balloons, Glue, Sponge, Liquid Embolics, Sclerosants, Precipitating Agents, and Others), Application (Oncology, Neurology, Urology, Cardiology, Peripheral Vascular Diseases, and Others), and End User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers, and Others)
Market Introduction
The Middle East & Africa embolization agents market is analyzed based on Saudi Arabia, UAE, South Africa, and the rest of Middle East & Africa. In the current market scenario, the Middle East region is experiencing increasing incidence of chronic diseases such as strokes, neurological disorders, cancer and rise in geriatric population, adapting unhealthy lifestyles. Moreover, acceptance and installations of modern technologies are projected to drive the market growth in this region. The key factors propelling the market include the rising incidences of chronic diseases and the aging population. Rising risk factors such as obesity, high blood pressure, lack of physical activity, and smoking contribute to a rise in CVD cases. Cardiovascular diseases are the major cause of death, accounting for more than 45% of all deaths. Saudi Arabia is experiencing significant change in the people’s standard of living and lifestyle; the changes have led to an increase in the consumption of fatty and poor-quality foods. The consequence of a changed lifestyle has resulted in the increasing rates of cardiovascular diseases. Another major factor increasing CVD cases in Saudi Arabia is the rising geriatric population. As per the Population Aging in Saudi Arabia report, the proportion of people in Saudi Arabia aged 60 or more is predicted to be 25% of the total population of 40 million by the end of 2050. Moreover, the number of people aged 80 or more is expected to reach 1.6 million, or 4% of the total population in the same period. In addition, the government is heavily investing in the construction of hospitals to build a strong healthcare sector in Saudi Arabia. For instance, in 2019, the Ministry of Health (MoH) planned to construct 35 hospitals all over the country. The improving healthcare expenditure and increasing government initiatives in Saudi Arabia are factors for the growth of the embolization agents market. As per the Gulf Cooperation Council (GCC), Saudi Arabia plans to invest SR250 billion ($66.67 billion) in healthcare infrastructure and boost private sector participation from the current 40 percent to 65 percent by 2030.
The healthcare sector in the UAE has undergone a considerable number of infrastructure and procedural changes to position itself as a leading healthcare provider. These improvements have attracted continuous investments for the improvement of hard and soft infrastructure during the COVID-19 pandemic. Due to COVID-19, a substantial number of planned elective surgery operations were cancelled or postponed in this region. Since the beginning of 2020, the COVID-19 pandemic has caused enormous health and socioeconomic impacts, which are likely to continue in 2021 as well. The pandemic has caused disruptions in health services and has impacted the ability of countries to address and respond to noncommunicable diseases (NCDs). Moreover, economic uncertainties and ongoing conflicts are worsening the conditions in the Middle East and Africa. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflict and have been unable to implement any public health measures; moreover, Iran was in a deep economic recession due to the US sanctions.
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Market Overview and Dynamics
The embolization agents market in Middle East & Africa is expected to grow from US$ 124.75 million in 2021 to US$ 194.31 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028. Surge in the Incidence of tumors and aneurysms; embolization agents are used to acutely stop the flow in a blood vessel or vascular territory by the means of mechanical occlusion. Embolization is a common procedure in interventional radiology. Embolizing agents like embolic microspheres (beads) are used to restrict the vascular supply of tumors and can be loaded with chemotherapeutic medicines, which elute and diffuse into the tissue. Liquid embolic agents are used to prevent blood supply to aneurysm or tumor. It helps in the prevention of aneurysms and tumors from growing and causing harm to essential organ. Thus, increasing prevalence of aneurysms and cancers is creating high demand for Middle East & Africa embolization agents market.
Key Market Segments
Based on product, the market is segmented into coils, beads/particles, plugs, detachable balloons, glue, sponge, liquid embolics, sclerosants, precipitating agents, others. The beads/particles segment held the largest share of the market in 2020. Based on coils the market is divided into detachable coils and pushable coils. The pushable coils segment held the largest share of the market in 2020. Based on beads/particles the market is divided into spherical and non-spherical. The pushable non-spherical segment held the largest share of the market in 2020. Based on application, the market is segmented into neurology, oncology, cardiology, peripheral vascular diseases, and others. In 2020, the oncology segment is likely to hold the largest share of the market. The embolization agents market by end user, is segmented into hospitals, ambulatory surgical centers, cardiac centers, and others. The hospitals segment held the largest share of the market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the embolization agents market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Abbott; Boston Scientific Corporation; Cook Medical LLC; DePuy Synthes; KANEKA CORPORATION; Medtronic; Merit Medical Systems Inc; Stryker Corporation; and Terumo Corporation among others.
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MIDDLE EAST & AFRICA EMBOLIZATION AGENTS MARKET SEGMENTATION
- Coils
- Detachable Coils
- Pushable Coils
- Beads/ Particles
- Spherical
- Non-Spherical
- Plugs
- Detachable Balloons
- Glue
- Sponge
- Liquid Embolics
- Sclerosants
- Precipitating Agents
- Others
- Oncology
- Neurology
- Urology
- Cardiology
- Peripheral Vascular Diseases
- Others
- Hospitals
- Cardiac Centers
- Ambulatory Surgical Centers
- Others
By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East & Africa
Company Profiles
- Abbott
- Boston Scientific Corporation
- Cook Medical LLC
- DePuy Synthes
- KANEKA CORPORATION
- Medtronic
- Merit Medical Systems Inc
- Stryker Corporation
- Terumo Corporation
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Embolization Agents Market – By Product
1.3.2 MEA Embolization Agents Market – By Application
1.3.3 MEA Embolization Agents Market – By End User
1.3.4 MEA Embolization Agents Market – By Country
2. MEA Embolization Agents Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Embolization Agents Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Middle East & Africa – PEST Analysis
4.3 Experts Opinion
5. MEA Embolization Agents Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in the Incidence of Tumors and Aneurysms
5.1.1 Rising Incidence of Hypertension, Obesity, Smoking, and Alcoholism
5.2 Market Restraints
5.2.1 High Cost of Embolization Agents
5.3 Market Opportunities
5.3.1 Growing Geriatric Population Base
5.4 Future Trends
5.4.1 Technological Advancements in Embolization Products and Procedures
5.5 Impact analysis
6. Embolization Agents Market – MEA Analysis
6.1 MEA Embolization Agents Market Revenue Forecast and Analysis
7. MEA Embolization Agents Market Analysis – By Product
7.1 Overview
7.2 MEA Embolization Agents Market Revenue Share, by Product (2021 and 2028)
7.3 Coils
7.3.1 Overview
7.3.2 Coils: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.3.2.1 Detachable Coils
7.3.2.1.1 Detachable Coil Market Revenue and Forecast to 2028 (US$ Mn)
7.3.2.1.2 Detachable Coil Market Revenue and Forecasts to 2028 (US$ Mn)
7.3.2.2 Pushable Coils
7.3.2.2.1 Pushable Coil Market Revenue and Forecast to 2028 (US$ Mn)
7.3.2.2.2 Pushable Coil Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Beads/Particles
7.4.1 Overview
7.4.2 Beads/Particles: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.4.2.1 Spherical
7.4.2.1.1 Spherical Market Revenue and Forecast to 2028 (US$ Mn)
7.4.2.1.2 Spherical Market Revenue and Forecasts to 2028 (US$ Mn)
7.4.2.2 Non-Spherical
7.4.2.2.1 Non-Spherical Market Revenue and Forecast to 2028 (US$ Mn)
7.4.2.2.2 Non-Spherical Market Revenue and Forecasts to 2028 (US$ Mn)
7.5 Plugs
7.5.1 Overview
7.5.2 Plugs: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.6 Detachable Balloons
7.6.1 Overview
7.6.2 Detachable Balloons: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.7 Glue
7.7.1 Overview
7.7.2 Glue: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.8 Sponge
7.8.1 Overview
7.8.2 Sponge: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.9 Liquid Embolics
7.9.1 Overview
7.9.2 Liquid Embolics: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.10 Sclerosants
7.10.1 Overview
7.10.2 Sclerosants: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.11 Precipitating Agents
7.11.1 Overview
7.11.2 Precipitating Agents: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
7.12 Others
7.12.1 Overview
7.12.2 Others: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
8. MEA Embolization Agents Market Analysis – By Application
8.1 Overview
8.2 MEA Embolization Agents Market, by Application 2021 & 2028 (%)
8.3 Oncology
8.3.1 Overview
8.3.2 Oncology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Neurology
8.4.1 Overview
8.4.2 Neurology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Urology
8.5.1 Overview
8.5.2 Urology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Cardiology
8.6.1 Overview
8.6.2 Cardiology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Peripheral Vascular Diseases
8.7.1 Overview
8.7.2 Peripheral Vascular Diseases: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
9. MEA Embolization Agents Market Analysis – By End User
9.1 Overview
9.2 MEA Embolization Agents Market Revenue Share, By End User (2021 and 2028)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Cardiac Centers
9.4.1 Overview
9.4.2 Cardiac Centers: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Ambulatory Surgical Centers
9.5.1 Overview
9.5.2 Ambulatory Surgical Centers: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
10. MEA Embolization Agents Market – Country Analysis
10.1 Middle East & Africa: Embolization Agents Market
10.1.1 Overview
10.1.2 Middle East and Africa: Embolization Agents Market, by Country, 2021 & 2028 (%)
10.1.2.1 Saudi Arabia: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Saudi Arabia: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.2 Saudi Arabia Embolization Agents Market, By Product– Revenue and Forecast to 2028 (USD Million)
10.1.2.1.2.1 Saudi Arabia: Embolization Agents Market, by Coil, 2019–2028 (USD Million)
10.1.2.1.2.2 Saudi Arabia: Embolization Agents Market, by Coil, 2019–2028 (USD Million)
10.1.2.1.3 Saudi Arabia Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
10.1.2.1.4 Saudi Arabia Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
10.1.2.2 UAE: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 UAE: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.2 UAE Embolization Agents Market, By Product– Revenue and Forecast to 2028 (USD Million)
10.1.2.2.2.1 UAE: Embolization Agents Market, by Coil, 2019–2028 (USD Million)
10.1.2.2.2.2 UAE: Embolization Agents Market, by Beads/ Particles, 2019–2028 (USD Million)
10.1.2.2.3 UAE Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
10.1.2.2.4 UAE Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
10.1.2.3 South Africa: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 South Africa: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.2 South Africa Embolization Agents Market, By Product– Revenue and Forecast to 2028 (USD Million)
10.1.2.3.2.1 South Africa: Embolization Agents Market, by Coil, 2019–2028 (USD Million)
10.1.2.3.2.2 South Africa: Embolization Agents Market, by Beads/ Particles, 2019–2028 (USD Million)
10.1.2.3.3 South Africa Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
10.1.2.3.4 South Africa Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
10.1.2.4 Rest of Middle East and Africa: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 Rest of Middle East and Africa: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.2 Rest of Middle East and Africa Embolization Agents Market, By Product– Revenue and Forecast to 2028 (USD Million)
10.1.2.4.2.1 Rest of Middle East and Africa: Embolization Agents Market, by Coil, 2019–2028 (USD Million)
10.1.2.4.2.2 Rest of Middle East and Africa: Embolization Agents Market, by Beads/ Particles, 2019–2028 (USD Million)
10.1.2.4.3 Rest of Middle East and Africa Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
10.1.2.4.4 Rest of Middle East and Africa Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
11. Impact Of COVID-19 Pandemic on MEA Embolization Agents Market
11.1 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
12. MEA Embolization Agents Market–Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Medtronic
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Terumo Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cook Medical LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Boston Scientific Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Abbott
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Stryker Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Merit Medical Systems Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 DePuy Synthes
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 KANEKA CORPORATION
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ million)
Table 2. Saudi Arabia Embolization Agents Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 3. Saudi Arabia Embolization Agents Market, by Coil – Revenue and Forecast to 2028 (USD Million)
Table 4. Saudi Arabia Embolization Agents Market, by Coil – Revenue and Forecast to 2028 (USD Million)
Table 5. Saudi Arabia Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
Table 6. Saudi Arabia Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 7. UAE Embolization Agents Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 8. UAE Embolization Agents Market, by Coil – Revenue and Forecast to 2028 (USD Million)
Table 9. UAE Embolization Agents Market, by Beads/ Particles – Revenue and Forecast to 2028 (USD Million)
Table 10. UAE Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
Table 11. UAE Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 12. South Africa Embolization Agents Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 13. South Africa Embolization Agents Market, by Coil – Revenue and Forecast to 2028 (USD Million)
Table 14. South Africa Embolization Agents Market, by Beads/ Particles – Revenue and Forecast to 2028 (USD Million)
Table 15. South Africa Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
Table 16. South Africa Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Middle East and Africa Embolization Agents Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Middle East and Africa Embolization Agents Market, by Coil – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Middle East and Africa Embolization Agents Market, by Beads/ Particles – Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of Middle East and Africa Embolization Agents Market, By Application– Revenue and Forecast to 2028 (USD Million)
Table 21. Rest of Middle East and Africa Embolization Agents Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 22. Organic Developments Done by Companies
Table 23. Inorganic Developments Done by Companies
Table 24. Glossary of Terms, MEA Embolization Agents Market
LIST OF FIGURES
Figure 1. MEA Embolization Agents Market Segmentation
Figure 2. MEA Embolization Agents Market Segmentation, By Country
Figure 3. MEA Embolization Agents Market Overview
Figure 4. Beads/ Particles Segment Held the Largest Share of the Product Segment in MEA Embolization Agents Market
Figure 5. UAE to Show Significant Growth During Forecast Period
Figure 6. Middle East & Africa PEST Analysis
Figure 7. MEA Embolization Agents Market Impact Analysis of Drivers and Restraints
Figure 8. MEA Embolization Agents Market – Revenue Forecast and Analysis – 2020- 2028
Figure 9. MEA Embolization Agents Market Revenue Share, by Product (2021 and 2028)
Figure 10. Coils: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 11. Beads/Particles: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 12. Plugs: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. Detachable Balloons: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. Glue: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 15. Sponge: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 16. Liquid Embolics: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 17. Sclerosants: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 18. Precipitating Agents: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: MEA Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Embolization Agents Market, by Application 2021 & 2028 (%)
Figure 21. Oncology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Neurology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Urology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Cardiology: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Peripheral Vascular Diseases: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Others: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. MEA Embolization Agents Market Revenue Share, By End User (2021 and 2028)
Figure 28. Hospitals: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Cardiac Centers: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Ambulatory Surgical Centers: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: MEA Embolization Agents Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Middle East and Africa: Embolization Agents Market, by Key Country – Revenue (2021) (USD Million)
Figure 33. Middle East and Africa: Embolization Agents Market, by Country, 2021 & 2028 (%)
Figure 34. Saudi Arabia: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 35. UAE: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 36. South Africa: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of Middle East and Africa: Embolization Agents Market– Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- Abbott
- Boston Scientific Corporation
- Cook Medical LLC
- DePuy Synthes
- KANEKA CORPORATION
- Medtronic
- Merit Medical Systems Inc
- Stryker Corporation
- Terumo Corporation
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