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General & Plastic Surgery Devices - Eastern Africa

Eastern Africa
  • The General & Plastic Surgery Devices market market in Eastern Africa is expected to experience significant revenue growth in the coming years.
  • According to projections, the revenue is estimated to reach US$72.70m by 2024.
  • This indicates a positive trend for the market in the region.
  • Furthermore, it is anticipated that the revenue will continue to increase at an annual growth rate (CAGR 2024-2029) of 7.83%.
  • As a result, the market volume is predicted to expand to US$106.00m by 2029.
  • This demonstrates the potential for further growth and development in the General & Plastic Surgery Devices market market in Eastern Africa.
  • When comparing the revenue generated in Eastern Africa to the global market, it is noteworthy that the United States stands out as the leader.
  • In 2024, the United States is projected to generate a significant revenue of US$9.84bn.
  • This highlights the dominance of the United States in the global General & Plastic Surgery Devices market market.
  • Eastern Africa is experiencing a surge in demand for General & Plastic Surgery Devices, as the region's healthcare infrastructure improves and disposable incomes rise.

Definition:
The General & Plastic Surgery Devices market represents medical devices designed for general and plastic surgery procedures, such as disposable surgical supplies, open surgery instruments, minimally invasive surgery instruments.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Medtronic, Johnson & Johnson, Becton Dickinson, Conmed Corporation. Further information on the key players can be found in the Market Shares boxes.

In-Scope

  • Disposable surgical supplies
  • Open surgery instruments
  • Minimally invasive surgery instruments

Out-Of-Scope

  • Services (i.e., treatment expenses)
  • Blood and transplants derived from the human body
  • In vitro diagnostics
  • Diagnostic imaging
Medical Devices: market data & analysis - Cover

Market Insights report

Medical Devices: market data & analysis

Study Details

    Revenue

    Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The General & Plastic Surgery Devices market in Eastern Africa is experiencing steady growth due to increasing customer preferences for aesthetic procedures, advancements in technology, and a rising demand for healthcare services in the region. Customer preferences in Eastern Africa are shifting towards cosmetic procedures and plastic surgery as people become more aware of the available options and their benefits. The desire to enhance one's physical appearance and improve self-confidence is driving the demand for procedures such as breast augmentation, liposuction, and facelifts. Additionally, the growing middle class in the region is willing to spend more on aesthetic treatments, contributing to the market growth. Trends in the General & Plastic Surgery Devices market in Eastern Africa include the adoption of minimally invasive procedures and the use of advanced technologies. Minimally invasive procedures, such as laser treatments and injectables, are becoming popular due to their shorter recovery time and reduced risk compared to traditional surgical methods. Advancements in technology, such as the use of robotics and 3D imaging, are also influencing the market by improving the precision and outcomes of surgical procedures. Local special circumstances in Eastern Africa, such as a lack of skilled healthcare professionals and limited access to healthcare facilities, pose challenges to the growth of the General & Plastic Surgery Devices market. The shortage of trained plastic surgeons and specialized medical staff hinders the availability of these procedures in the region. Furthermore, the high cost of equipment and limited healthcare infrastructure limit the accessibility of plastic surgery services to a smaller portion of the population. Underlying macroeconomic factors, such as economic growth and increasing disposable income, contribute to the development of the General & Plastic Surgery Devices market in Eastern Africa. As the economies in countries like Kenya, Tanzania, and Ethiopia continue to grow, individuals have more disposable income to spend on healthcare services, including aesthetic procedures. The rising middle class in the region is also driving the demand for plastic surgery devices, as they seek to improve their quality of life and appearance. In conclusion, the General & Plastic Surgery Devices market in Eastern Africa is growing due to changing customer preferences, advancements in technology, and underlying macroeconomic factors. However, challenges such as a shortage of skilled healthcare professionals and limited access to healthcare facilities need to be addressed to fully tap into the market potential in the region.

    Global Comparison

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

    Modeling approach / Market size:

    Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

    Additional notes:

    Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Medical Devices: market data & analysis - BackgroundMedical Devices: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    Medical technology industry - statistics & facts

    Medical technology plays a role in the lives of everyone. It includes most of all, medical devices which simplify the prevention, diagnosis, and treatment of diseases and illnesses. The most well-known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants. The global medical technology industry was worth over 567 billion U.S. dollars annually. Established centers of this industry include North America and Western Europe. The United States is home to the world’s largest medical technology companies. As of 2022, Abbott Laboratories had the largest global revenue at over 31.2 billion U.S. dollars. The main focus of devices manufactured by the Chicago-based company are diagnostics, cardiovascular, and diabetes care. Two other medtech companies that round off the top three largest companies –Medtronic and Johnson & Johnson – are both based in the United States. Although, industry trends show that Asia, and in particular China, is about to play a more prominent role in the years to come.
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