Please Wait.....
Report
Middle East and Africa Patient Monitoring - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 90 Pages I Mordor Intelligence
The Middle East and Africa Patient Monitoring Market size is estimated at USD 2.20 billion in 2024, and is expected to reach USD 2.91 billion by 2029, growing at a CAGR of 5.80% during the forecast period (2024-2029).
COVID-19 is expected to have a significant impact on the growth of the market. COVID-19 increased the demand for patient monitoring in the Middle East and Africa region owing to the restriction of patients' visits to the hospital. Government organizations provided various services to help monitor the condition of patients infected with COVID-19. For instance, in April 2020 the Saudi Ministry of Health launched an app aimed at monitoring the conditions of people suspected of having Coronavirus disease (COVID-19). Such government initiatives provided to monitor the condition of patients contributed to the growth of the market during the pandemic period. Also, during the post-pandemic period, the increasing adoption of patient monitoring in the Middle East and Africa region is expected to contribute to the growth of the market.
The key factors propelling the growth of the market are the rising burden of chronic diseases due to lifestyle changes, growth in the geriatric population, growing preference for home and remote monitoring, and ease of use and portability devices to promote growth. According to GLOBOCAN 2020, it was estimated that around 27,885 new cancer cases were reported in Saudi Arabia in 2020. Similarly, it was estimated that around 4,807 new cancer cases in the United Arab Emirates (UAE) and 3,842 new cancer cases were reported in Kuwait in 2020, respectively. With the high burden of cancer in the country, demand for effective treatment procedures also increases. This is ultimately helping in driving the biologics market growth in the GCC region. Also, according to the United Nations Population Fund's World Population Dashboard's Statistics 2021, in Kuwait, approximately 3.4% of the population of the country is aged 65 years and above. In addition, as per the World Population Ageing 2020 Report, in the United Arab Emirates, the population aged 60 years or above (thousands) in 2019 was 113 and the number is estimated to reach 1,679 by the year 2050. As the geriatric population is prone to suffer from various chronic diseases such as cardiovascular diseases, hypertension, diabetes, and others, are anticipated increase in population is expected to fuel the demand for the patient monitoring market.
Patient monitoring technologies identify small changes in the patient's physiological data, hence promoting self-monitoring. Thus, it reduces readmissions and prevents avoidable hospitalizations, decreases the number of unnecessary trips to the doctor's office, and reduces travel-related expenses. On a short- and long-term basis, by the proper implementation, patient monitoring technologies can expand access to quality healthcare and save time and money.
Thus the above-mentioned factors are expected to drive the demand for the growth of the market during the forecast period.
MEA Patient Monitoring Market Trends
Hemodynamic Monitoring Devices Segment is Expected to Grow Fastest Over the Forecast Period
The key factors propelling the growth of this market are an increase in the number of critically ill geriatric cases, a rise in the prevalence of cardiac disorders and diabetes, and increasing demand for home-based and non-invasive monitoring systems. With the increasing prevalence of cardiovascular diseases and other chronic diseases in the region, market growth also increases. As per the International Diabetes Federation 10th Edition 2021, 803.4 (in 1,000s) people were suffering from diabetes in 2021 in Kuwait, and the number is estimated to reach 1,051.4 (in 1,000s) by the year 2030 and 1,267.4 by 2050. Similarly, per the same source, 990.9 (in 1,000s) people were suffering from diabetes in 2021 in the United Arab Emirates and the number is estimated to reach 1,177.5 (in 1,000s) by the year 2030 and 1,325.8 by 2050. Thus, with the increasing burden of diabetes, the demand for healthcare management apps for managing and controlling diabetes is increasing which is expected to fuel the market growth. Also, in The study 'Identifying co-occurrence and clustering of chronic diseases using latent class analysis: cross-sectional findings from SAGE South Africa Wave 2' published in January 2021, the prevalence of coexistence of two or more non-communicable diseases (NCDs) was 21% in the significantly high country. Thus, the growing burden of chronic diseases in the country is expected to increase the demand for hemodynamic monitoring devices.
Factors such as technological advancements in hemodynamic monitoring systems, increasing research into hemodynamic monitoring systems further boost the market.
South Africa is Expected to Dominate the Middle East and Africa Patient Monitoring Market Over the Forecast Period
South Africa is expected to dominate the market during the forecast period due to the increasing demand for patient monitoring as there was a rise in the geriatric population and the prevalence of chronic diseases.
For instance, according to the 2022 statistics published by the United Nations Population Fund, in South Africa, a large proportion of the living population is aged 15-64 and accounts for 66% in 2022. In addition, as per the same source, 6% of the population is aged 65 years and above in 2022.
Also, according to International Diabetes Federation, in November 2021, titled 'With 1 in 9 adults living with diabetes, South Africa has highest diabetes prevalence in Africa', the highest rate of diabetes prevalence in Africa has been recorded in South Africa, at 11.3% in 2020.
Thus, the rising geriatric populations are more prone to develop chronic diseases which require proper monitoring and diagnosis which is expected to increase the adoption of patient monitoring.
MEA Patient Monitoring Industry Overview
The Middle East and Africa Patient Monitoring Market is s highly competitive and consists of a few major players. Companies, like Abbott Laboratories, Boston Scientific Corporation, Becton, Dickinson and Company, General Electric Company (GE Healthcare), Johnson & Johnson, and Medtronic Care Management Services LLCamong others, hold substantial shares in the market.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 RESEARCH METHODOLOGY
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 EXECUTIVE SUMMARY
3 MARKET DYNAMICS
3.1 Market Overview
3.2 Market Drivers
3.2.1 Rising Burden of Chronic Diseases due to Lifestyle Changes
3.2.2 Growing Preference for Home and Remote Monitoring
3.3 Market Restraints
3.3.1 Resistance from Healthcare Industry Professionals Toward the Adoption of Patient Monitoring Systems
3.3.2 High Cost of Technology
3.4 Porter's Five Force Analysis
3.4.1 Threat of New Entrants
3.4.2 Bargaining Power of Buyers/Consumers
3.4.3 Bargaining Power of Suppliers
3.4.4 Threat of Substitute Products
3.4.5 Intensity of Competitive Rivalry
4 MARKET SEGMENTATION (Market Size by Value - USD million)
4.1 By Type of Device
4.1.1 Hemodynamic Monitoring Devices
4.1.2 Neuromonitoring Devices
4.1.3 Cardiac Monitoring Devices
4.1.4 Multi-parameter Monitors
4.1.5 Other Types of Devices
4.2 By Application
4.2.1 Cardiology
4.2.2 Neurology
4.2.3 Respiratory
4.2.4 Fetal and Neonatal
4.2.5 Others
4.3 By End User
4.3.1 Home Healthcare
4.3.2 Hospitals and Clinics
4.3.3 Other End Users
4.4 Geography
4.4.1 GCC
4.4.2 South Africa
4.4.3 Rest of Middle East and Africa
5 COMPETITIVE LANDSCAPE
5.1 Company Profiles
5.1.1 Abbott Laboratories
5.1.2 Boston Scientific Corporation
5.1.3 Becton, Dickinson and Company
5.1.4 General Electric Company (GE Healthcare)
5.1.5 Johnson & Johnson
5.1.6 Medtronic Plc
5.1.7 Koninklijke Philips NV
5.1.8 Siemens Healthcare GmbH
6 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security