Middle East & Africa Colorectal Procedure Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Endoscopes, Electrosurgery Devices, Handheld Devices & Visual Systems, Sealing & Stapling Devices, Ligation Clips and Dilators & Speculas, Cutters and Shears, Accessories, and Others), Surgery Type (Right Hemicolectomy, Left Hemicolectomy, Subtotal Colectomy, Low Anterior Resection, Abdomino-Perineal Resection, and Others), End User (Hospitals & Clinics, Surgery Centers, and Others), and Indication (Colon Polyps, Crohn's Disease, Colorectal Cancer, Colitis, Irritable Bowel Syndrome, and Other Indications)
The colorectal procedure market in Middle East & Africa is expected to grow from US$ 402.33 million in 2022 to US$ 806.74 million by 2028. It is estimated to grow at a CAGR of 12.3% from 2022 to 2028.
Developments in Insurance Policies and Launch of Innovative Products to Boost Market in Middle East & Africa in Coming Years
Companies in the colorectal procedural market players focus on launching new products to expand their geographic reach and clientele. In August 2021, Ethicon announced the launch of the ECHELON CIRCULAR Powered Stapler. The product helps in 74% reduction in the anastomotic leak and a 44% reduction in 30-day inpatient hospital readmission rates after colorectal surgery, compared to the manual circular staplers. Further, PAP tests, pelvic exams, and clinical colon examinations for colorectal cancer screening every two years are supported by Medicare, a popular government insurance program. Such programs and the launch of new products are likely to boost the colorectal procedural test market in the Middle East & Africa in the coming years.
Market Overview
The colorectal procedure market in the Middle East & Africa is further segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. The market growth in this region is supported by favorable government policies in countries such as Saudi Arabia and the UAE, the rising incidence of colorectal cancer, and increasing awareness about this cancer in the UAE. Countries in the Middle East & Africa are focused on developing their healthcare facilities through heavy investments in medical technologies and encouraging partnerships between domestic and foreign entities.
Middle East & Africa Colorectal Procedure Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Colorectal Procedure Market Segmentation
The Middle East & Africa colorectal procedure market is segmented into product, surgery type, end user, indication and country. Based on product, the Middle East & Africa colorectal procedure market is divided into endoscope, electrosurgery, handheld devices and visual systems, sealing and stapling devices, ligation clips and dilators and speculas, cutter and shears, accessories, and others.
Based on surgery type, the Middle East & Africa colorectal procedure market is segmented into right hemicolectomy, left hemicolectomy, subtotal colectomy, low anterior resection, abdomino-perineal resection, and others (including endoscopic surgery). Based on end user, the Middle East & Africa colorectal procedure market is segmented into hospitals and clinics, surgery centers, and others. Based on indication, the Middle East & Africa colorectal procedure market is segmented into colon polyps, Crohn's disease, colorectal cancer, colitis, irritable bowel syndrome, and other indications. Based on country, the market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the market share in 2022. B. Braun Melsungen AG; Boston Scientific Corporation; Cardinal Health Inc.; CooperSurgical, Inc.; Ethicon (Johnson & Johnson Services, Inc.); Medtronic; and Olympus Corporation are the leading companies operating in the colorectal procedure market in the Middle East & Africa.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa colorectal procedure market
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Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the colorectal procedure market, as well as those hindering it
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