The size of the mechanical ventilators market in the Middle East and Africa is valued at USD 0.19 billion in 2023 and is expected to reach USD 0.37 billion by 2028, estimated to be growing at a sluggish CAGR of 14.63% during the forecast period 2023 to 2028.
The growth of the MEA mechanical ventilators market is majorly driven by the increase in the incidence of respiratory emergencies and the prevalence of chronic obstructive pulmonary diseases. Also, technological advancements in respiratory care devices are propelling market growth. Portability and improvements in the battery life of transport and portable devices remain, nevertheless, the key market influencers. In addition, the market is predicted to rise due to an increase in the need for emergency treatment for long-term illnesses and long-term therapy for lung disorders in both children and adults. In the recent period, the unprecedented surge in the infection rate of COVID-19 cases has increased the demand by leaps and bounds for mechanical ventilators. However, initiatives adopted by the government and the manufacturers to improve the control of the disease are expected to influence the market.
Furthermore, the region's expanding senior population is projected to increase demand for healthcare facilities that provide long-term treatment for chronic respiratory disorders. According to the WHO, nearly 90.0 percent of COPD fatalities now occur in low- and middle-income countries. As a result, the market is likely to be driven by the rising incidence of such diseases and the introduction and availability of portable, cost-effective, and simple-to-use mechanical ventilators to treat respiratory illnesses. Other advantages of integrating high-speed data processing and intelligent onboard software in mechanical ventilation include fewer side effects and detrimental effects on systemic and pulmonary circulation.
However, reimbursement programs in the MEA are one of the market growth restraint factors. Medicare pays for this category on a monthly rental basis, and patients have a long-term medical need for the device. On the other hand, Medicare does not pay for the purchase and does not cover any other ventilator-related accessories, such as humidifiers.
This research report on the MEA mechanical ventilators market has been segmented and sub-segmented into the following categories:
By product type
By Mode:
By End User:
By Country:
Geographically, the Middle East and African countries are expected to grow at sluggish CAGR in the mechanical ventilators market during the forecast period. According to some reports, the Medical Ventilator market in the Middle East and Africa (MEA) is expected to increase significantly between 2023 and 2028. The healthcare infrastructure is growing, and healthcare expenditure is increasing. MEA is witnessing technological medical ventilators' adoption due to the growing need for emergency treatment for long-term illnesses and long-term therapy for lung disorders in both children and adults in the region. Saudi Arabia and Arab countries are most likely to have a significant share in the region. The high geriatric population in Arab countries is expected to influence market growth. However, increasing government initiatives, medical tourism, and growing healthcare infrastructure is driving the market growth. The rising number of adult patients using ventilators is considerably higher than that of newborns and pediatrics, and adult ventilators are expanding faster. Increasing partnerships and acquisitions among ventilator manufacturers, rising cases of respiratory and other deadly infectious diseases, and rapid urbanization in the Middle East and Africa are some of the key growth drivers of the medical ventilator market in the region over the forecast period.
KEY MARKET PLAYERS:
Dragerwerk AG & Co. KGaA, ResMed, Philips Healthcare, Medtronic Plc, GE Healthcare, Getinge Group, Smiths Medical, Fisher and Paykel Healthcare Limited, Dickinson and Company, Becton, and Hamilton Medical AG are some of the prominent companies in the MEA mechanical ventilators market.
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