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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Middle East and Africa Wound Dressing Market: By Type By Product, Traditional and cotton wool)), By Geography
Middle East and Africa Wound Dressing Market size was valued at US$ 452.6 million in 2022 and is poised to grow at a CAGR of 4.4% from 2023-2029. Middle East and Africa Wound Dressing Market are majorly driven by advancements in the technologies and problems that are associated with traditional wound healing methods. Furthermore, increase in ageing of the population, government initiatives, and dire need of rapid and safe treatment for chronic wounds are also propelling the growth of the Middle East and Africa Wound Dressing Market. The rise in prevalence of lifestyle disorders leads to chronic wounds like venous leg ulcer, pressure ulcer, diabetic foot ulcer is expected to accelerate the growth of the Middle East and Africa Wound Dressing Market. However, high cost associated with the treatment, lack of awareness and reimbursement issues of new technologies are the few factors which are restraining the growth of the market. Geographically the Market is segmented as Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of MEA. This market is anticipated to show significant growth rate during the forecast period, owing to the rise in ageing population, increase in chronic ulcers and ulcers, increase in initiatives taken by the government, a rise in the prevalence and incidence of diabetes, accidents and injuries. According to the International Diabetes Federation, 14.7 Mn people are diagnosed with diabetes in Africa in 2012, and it is anticipated to double by 2030 and in 2015, 2.28 Mn cases were diagnosed with diabetes in South Africa. A surge in road accidents is expected to play a vital role in MEA wound dressing market. According to Government of South Africa, it is estimated that around 14,000 deaths due to road accidents every year in South Africa. As per to the WHO reports, in South Africa, every year 26Mn is spent on wound care because of burns from paraffin and cook stove incidents.
The wound dressing market is majorly driven by advancements in the technologies and problems that are associated with traditional wound healing methods. Furthermore, increase in ageing of the population, government initiatives, and dire need of rapid and safe treatment for chronic wounds are also propelling the growth of the Middle East and Africa Wound Dressing Market. A rise in prevalence of lifestyle disorders leads to chronic wounds like venous leg ulcer, pressure ulcer, diabetic foot ulcer is also booming the growth of Middle East and Africa Wound Dressing Market.
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Market Size in 2022 |
US$ 452.6 million |
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The middle east and africa wound dressing market size was valued at US$ 452.6 million in 2022
The report covers the countries market data: Saudi Arabia, United Arab Emirates, South Africa
Acelity LP Inc. (U.S.) Coloplast A/S (Denmark) ConvaTec Group Plc (UK) IonMed (Israel) Ethicon, Inc. (U.S.) Medtronic plc (U.S.)
Key Market Players