Middle East And Africa Surgical Retractors Market 2022-2028

Middle East And Africa Surgical Retractors Market 2022-2028

MARKET OUTLOOK

An analysis by Triton Market Research states that the surgical retractors market in the Middle East and Africa is expected to progress with a 6.31% CAGR in the forecasting period 2022-2028. Israel, South Africa, the United Arab Emirates, Saudi Arabia, and Rest of Middle East and Africa are studied across the market in this region.

In Saudi Arabia, the healthcare sector continues to be a primary concern for the government, with the country accounting for 60% of the GCC nations' healthcare expenditures. In the country, the Ministry of Health (MoH) governs all healthcare-related operations and services. Additionally, the centralized government procurement of pharmaceuticals, medical equipment and supplies for all public healthcare facilities is held by National Unified Company for Medical Supplies (NUPCO).

Therefore, it is anticipated that the government's emphasis on the development of the healthcare sector would promote growth of the surgical retractors market in the country.

In South Africa, the market is driven by several factors, including rising government initiatives, increasing preference for early disease diagnosis, and availability of well-established healthcare infrastructure. The country's government and other organizations are launching campaigns to raise awareness among cancer patients and other chronic disease sufferers about prompt diagnosis and treatment. Such programs aim to improve healthcare standards, which is expected to propel growth of the country’s market.

COMPETITIVE OUTLOOK

B Braun Holding GmbH & Co KG, Teleflex Inc, Stryker Corporation, World Precision Instruments, Globus Medical Inc, and Thompson Surgical Instruments are the key players in the surgical retractors market.