Middle East & Africa Gastric Buttons Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Offering (Products and Accessories), Application (Children and Adults), Usage (Enteral Nutrition, Medications, Fluids, and Others), and End User (Hospitals, Clinics, and Others)
The Middle East & Africa gastric buttons market is expected to grow from US$ 20.32 million in 2022 to US$ 29.29 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2022 to 2028.
Collective Untapped Potential of Emerging Economies to Boost Market Growth in Coming Years
The sales of gastric buttons are triggered by the rise in demand for better delivery systems for enteral nutrition (EN) and enteral feeding in home care settings. Leading players in the gastric buttons market are focused on increasing their penetration across emerging markets through the reinforcement and flourishment of their distribution networks, and augmentation of manufacturing capabilities. These initiatives by companies can be attributed to the rise in the aging population; high prevalence of cancer, neurological disorders, diabetes, and gastrointestinal diseases; increased disposable income; improved healthcare infrastructure; and growth of medical tourism in these countries. Thus, elevated investments in life science and healthcare research in emerging countries play a key role in the upgrading of the technology landscape in these countries. This factor, in turn, will support the gastric button market in the Middle East & Africa during the forecast period.
Middle East & Africa Gastric Buttons Market Overview
The Middle East & Africa Gastric Buttons Market is categorized into the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. In 2021, Saudi Arabia was the largest market for gastric buttons in this region. The gastric buttons market in the Middle East & Africa is anticipated to grow at a CAGR of 6.3% during the forecast period. The projected market progress is due to the increasing incidences of cancer, neurological disorders, stroke, and paralysis across the region. Moreover, advancements in healthcare facilities help propel the market growth in this region.
Middle East & Africa Gastric Buttons Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Gastric Buttons Market Segmentation
The Middle East & Africa gastric buttons market is segmented based on offerings, application, usage, end user, and country. Based on offerings, the Middle East & Africa gastric buttons market is bifurcated into products and accessories. The products segment held a larger market share in 2022. Further, accessories are segmented into button feeding sets, button decompression sets, and others.
Based on application, the Middle East & Africa gastric buttons market is bifurcated into children and adults. The children molding segment held a larger market share in 2022.
Based on usage, the Middle East & Africa gastric buttons market is segmented into enteral nutrition, medications, fluids, and others. The enteral nutrition segment held the largest market share in 2022.
Based on end user, the Middle East & Africa gastric buttons market is segmented into hospitals, clinics, and others. The hospitals segment held the largest market share in 2022
Based on country, the Middle East & Africa gastric buttons market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa gastric buttons market share in 2022.
Avanos Medical Inc., Boston Scientific Corp, QMD, Vygon (UK) Ltd, and Fresenius Kabi AG are the leading companies operating in the Middle East & Africa gastric buttons market.
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