Middle East and Africa Temperature Management Systems Market
Middle East and Africa temperature management systems market is analyzed based countries such as Saudi Arabia, UAE, South Africa, and Rest of Middle East and Africa. The Saudi Arabia is accounting for the largest market share in the region. The growth of the temperature management systems market is estimated to grow due to increasing number of the chronic conditions such as cardiovascular diseases, neurological diseases and rising technological advancements. In addition, developing healthcare facilities, and rising expansion by international companies is also expected to drive the growth of the market in the coming future. Checking wearable diagnostic and therapeutic device for hyperthermic and hypothermic patients is the major factor driving the growth of the MEA temperature management systems market.
The MEA region includes the UAE, Saudi Arabia, and South Africa. Countries like the UAE, and Saudi Arabia have registered many positive coronavirus infection cases. The countries in this region are developing in terms of the healthcare and medical service industry. The countries in this region are highly dependent on medical devices imported from developed countries. Therefore, countries have faced several challenges with their requirements for temperature management systems due to severe disruption in supply chains. Health authorities are worrying that attempting to fight the coronavirus will indirectly contribute to an increase in deaths of ill patients, including heart patients, gynaecology patients, and other causes. Countries such as Turkey was severely hit by the pandemic. Although, the supply chains were revived by the end of 2020 once the COVID cases reduced in various parts of the region. These factors thus encouraged the growth of the temperature management systems market in MEA region.
Strategic insights for the Middle East and Africa Temperature Management Systems 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 2021 | US$ 126.21 Million |
| Market Size by 2028 | US$ 170.85 Million |
| Global CAGR (2021 - 2028) | 4.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Temperature Management Systems 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.
The temperature management systems market in MEA is expected to grow from US$ 126.21 million in 2021 to US$ 170.85 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. Body temperature is one of the vital parameters of human body during surgeries. In case the body temperature drops accidentally below 36°C (96.8°F), physicians consider the condition as perioperative hypothermia. If this condition is not noticed early enough, the low temperature can lead to medical complications. Perioperative hypothermia occurs almost during all surgeries. A temperature management system serves as hypothermia prevention and simplifies the anesthesia of patients during surgeries due to a fast and effective heat supply. Growing geriatric population, increasing prevalence of chronic diseases, increase in number of accidents, and rise in hospital admissions has led to increase in number surgical procedures. Owing to advancements in technology, various hospitals and medical institutes are performing large number of surgeries in a year. Due to lifestyle changes in the recent years, there has been rise in number of surgeries across the region. Increase in number of accidents and trauma is another factor driving the number of surgeries. Thus, increasing number of surgeries across the region will drive the growth of the market during the forecast period.
The market for MEA temperature management systems market is segmented into product, application, medical indication, and country. Based on product, the market is segmented into patient warming systems and patient cooling systems. The patient warming systems segment dominated the market in 2020 and patient cooling systems segment is expected to be the fastest growing during the forecast period. Further patient warming systems has been bifurcated into surface warming systems, intravascular warming systems, and warming accessories. Similarly patient cooling systems is bifurcated into surface cooling systems, intravascular cooling systems, and cooling accessories. Based on application the market is segmented into perioperative care, acute care, newborn care, and others. The perioperative care segment dominated the market in 2020 and acute care segment is expected to be the fastest growing during the forecast period. Based on medical indication the market is segmented into general surgery, cardiology, neurology, pediatrics, thoracic surgery, orthopedic surgery, and others. The general surgery segment dominated the market in 2020 and cardiology segment is expected to be the fastest growing during the forecast period.
A few major primary and secondary sources referred to for preparing this report on the temperature management systems market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M, BD, Dragerwerk AG & Co. KGaA, Ecolab, Inspiration Healthcare Group plc, Smiths Medical, and Stryker Corporation among others.
The Middle East and Africa Temperature Management Systems Market is valued at US$ 126.21 Million in 2021, it is projected to reach US$ 170.85 Million by 2028.
As per our report Middle East and Africa Temperature Management Systems Market, the market size is valued at US$ 126.21 Million in 2021, projecting it to reach US$ 170.85 Million by 2028. This translates to a CAGR of approximately 4.4% during the forecast period.
The Middle East and Africa Temperature Management Systems 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 and Africa Temperature Management Systems Market report:
The Middle East and Africa Temperature Management Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Temperature Management Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Temperature Management Systems Market value chain can benefit from the information contained in a comprehensive market report.
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