Report Overview

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.

Growth drivers

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.

Restraint

High Cost

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.

Competitive Landscape

The leading companies in Middle East and Africa Critical care equipment market are Koninklijke philips n.v., B. Braun Melsungen ag, Drägerwerk ag & co. Kgaa, Edwards lifesciences corporation, General electric, Medtronic, Fresenius medical care ag & co. Kgaa, Getinge ab, Heyer medical ag, Integra lifesciences corporation and other prominent players.

Recent Development

Ø   March, 2020: Medtronic plc announced its Medtronic Care Management Services (MCMS) business is launching two new solutions designed to help assess, monitor, and triage support for patients who may be concerned about COVID-19 and their respiratory symptoms. It has already launched its new Respiratory Infectious Disease Health Check to existing MCMS customers, and it is now launching a new COVID-19 Virtual Care Evaluation and Monitoring solution available to U.S. health systems, health plans and employers.

Ø  October, 2019: B. Braun Medical Inc. announced the integration and deployment of their Space™ Infusion Pump Systems with STANLEY Healthcare’s software platform, Aeroscout® RTLS MobileView®, at Saratoga Hospital, located in Saratoga Springs, New York.

Scope of the Report

 By Product Type

Ø  Patient Monitors

Ø  Sleep Apnea Devices

Ø  Defibrillator

Ø  Anesthesia Machine

Ø  Ventilators

Ø  Infusion Pump

Ø  Blood Warmer

By Patient

Ø  Adult

Ø  Geriatric

Ø  Pediatric and Neonates

By Application

Ø  Surgeries

Ø  Coronary Angioplasty

Ø  Atrial Fibrillation

Ø  Acute Coronary Syndrome

Ø  Pulmonary

Ø  Embolism

Ø  Deep Vein Thrombosis

Ø  Hemodialysis

By End-User

Ø  Hospitals

Ø  Ambulatory Surgical Centers

Ø  Clinics

Ø  Homecare Settings

Ø  Trauma Center

 The objective of the Study:

Ø  To analyze and forecast the Middle East and Africa Critical Care Equipment Market size of the market in terms of value.

Ø  To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

Ø  The Middle East and Africa Critical Care Equipment Market segmented into five regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa and their leading countries.

Ø  To outline, categorized, and forecast the Middle East and Africa Critical Care Equipment Market based on the product type, patient, application and end-user.

Ø  To examine competitive developments like technological advancement, services, and regulative framework within the Middle East and Africa Critical Care Equipment Market.

Ø  To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

Ø  To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

         SCOPE  

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Middle East and Africa Critical Care Equipment Industry Insights

4.1. Industry Value Chain Analysis

4.2. DROC Analysis

4.2.1.   Growth Drivers

4.2.2.   Restraints

4.2.3.   Opportunities

4.2.4.   Challenges

4.3. Technological Landscape/Recent Development

4.4. Company Market Share Analysis, 2019

4.5. Porter’s Five Forces Analysis

4.5.1.   Bargaining Power of Suppliers

4.5.2.   Bargaining Power of Buyers

4.5.3.   Threat of New Entrants

4.5.4.   Threat of Substitutes

4.5.5.   Intensity of Rivalry

5.    Middle East and Africa Critical Care Equipment Market Overview

5.1. Market Size & Forecast by Value, 2016-2026

5.1.1.   By Value (USD Billion)

5.2. Market Share & Forecast

5.2.1.   By Product Type

5.2.1.1.       Patient Monitors

5.2.1.2.       Sleep Apnea Devices

5.2.1.3.       Defibrillator

5.2.1.4.       Anesthesia Machine

5.2.1.5.       Ventilators

5.2.1.6.       Infusion Pump

5.2.1.7.       Blood Warmer

5.2.2.   By Patient

5.2.2.1.       Adult

5.2.2.2.       Geriatric

5.2.2.3.       Pediatric and Neonates

5.2.3.   By Application

5.2.3.1.       Surgeries

5.2.3.2.       Coronary Angioplasty

5.2.3.3.       Atrial Fibrillation

5.2.3.4.       Acute Coronary Syndrome

5.2.3.5.       Pulmonary

5.2.3.6.       Embolism

5.2.3.7.       Deep Vein Thrombosis

5.2.3.8.       Hemodialysis

5.2.4.   By End-User

5.2.4.1.       Hospitals

5.2.4.2.       Ambulatory Surgical Centers

5.2.4.3.       Clinics

5.2.4.4.       Homecare Settings

5.2.4.5.       Trauma Center

5.2.5.   Country

5.2.5.1.       Saudi Arabia

5.2.5.2.       UAE

5.2.5.3.       South Africa

5.2.5.4.       Rest of Middle East & Africa

6.    Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

6.1. Koninklijke philips n.v.

6.2. General electric

6.3. Medtronic

6.4. B. Braun melsungen ag

6.5. Drägerwerk ag & co. Kgaa

6.6. Edwards lifesciences corporation

6.7. Fresenius medical care ag & co. Kgaa

6.8. Getinge ab

6.9. Heyer medical ag

6.10. Integra lifesciences corporation

6.11. Other prominent players 

* Financial details in case of unlisted companies will be available as per data availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable