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.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Colorectal Procedure Market – By Product
1.3.2 MEA Colorectal Procedure Market – By Surgery Type
1.3.3 MEA Colorectal Procedure Market – By Indication
1.3.4 MEA Colorectal Procedure Market – By End User
1.3.5 MEA Colorectal Procedure Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Colorectal Procedure Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA Colorectal Procedure Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Colorectal Cancer
5.1.2 New Product Launches
5.2 Market Restraints
5.2.1 Complications Associated with Colorectal Procedure
5.3 Future Trends
5.3.1 Development and Launch of Innovative Products
5.4 Impact Analysis
6. Colorectal Procedure Market – MEA Analysis
6.1 MEA Colorectal Procedure Market Revenue Forecast & Analysis
7. MEA Colorectal Procedure Market Analysis and Forecasts To 2028 – By Product
7.1 Overview
7.2 MEA Colorectal Procedure Market, By Product 2021 & 2028 (%)
7.3 Endoscope
7.3.1 Overview
7.3.2 Endoscope Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Electrosurgery
7.4.1 Overview
7.4.1.1 Electrosurgery Market Revenue and Forecast to 2028 (US$ Mn)
7.5 Handheld Device and Visual Systems
7.5.1 Overview
7.5.1.1 Handheld Device and Visual Systems Market Revenue and Forecast to 2028 (US$ Mn)
7.6 Sealing and Stapling Devices
7.6.1 Overview
7.6.1.1 Sealing and Stapling Devices Market Revenue and Forecast to 2028 (US$ Mn)
7.7 Ligation Clips, Dilators, and Speculas
7.7.1 Overview
7.7.2 Ligation Clips, Dilators, and Speculas Market Revenue and Forecast to 2028 (US$ Mn)
7.8 Cutter and Shears
7.8.1 Overview
7.8.2 Cutter and Shears Market Revenue and Forecast to 2028 (US$ Mn)
7.9 Accessories
7.9.1 Overview
7.9.2 Accessories Market Revenue and Forecast to 2028 (US$ Mn)
7.10 Others
7.10.1 Overview
7.10.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
8. MEA Colorectal Procedure Market Analysis and Forecasts To 2028 – By Surgery Type
8.1 Overview
8.2 MEA Colorectal Procedure Market, By Surgery Type 2021 & 2028 (%)
8.3 Right Hemicolectomy
8.3.1 Overview
8.3.2 Right Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)
8.4 Left Hemicolectomy
8.4.1 Overview
8.4.2 Left Hemicolectomy Market Revenue and Forecast to 2028 (US$ Mn)
8.5 Subtotal Colectomy
8.5.1 Overview
8.5.2 Subtotal Colectomy Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Low Anterior Resection
8.6.1 Overview
8.6.2 Low Anterior Resection Market Revenue and Forecast to 2028 (US$ Mn)
8.7 Abdomino-Perineal Resection
8.7.1 Overview
8.7.2 Abdomino-Perineal Resection Market Revenue and Forecast to 2028 (US$ Mn)
8.8 Others (Including Endoscopic Surgery)
8.8.1 Overview
8.8.2 Others (Including Endoscopic Surgery) Market Revenue and Forecast to 2028 (US$ Mn)
9. MEA Colorectal Procedure Market Analysis and Forecasts To 2028 – By End User
9.1 Overview
9.2 MEA Colorectal Procedure Market, By End User 2021 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospital & Clinics Market Revenue and Forecast to 2028 (US$ Mn)
9.4 Surgery Centers
9.4.1 Overview
9.4.2 Surgery Centers Market Revenue and Forecast to 2028 (US$ Mn)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecast to 2028 (US$ Mn)
10. MEA Colorectal Procedure Market Analysis and Forecasts To 2028 – By Indication
10.1 Overview
10.2 MEA Colorectal Procedure Market, By Indication 2021 & 2028 (%)
10.3 Colon Polyps
10.3.1 Overview
10.3.2 Colon Polyps Market Revenue and Forecast to 2028 (US$ Mn)
10.4 Crohn’s Disease
10.4.1 Overview
10.4.2 Crohn’s Disease Market Revenue and Forecast to 2028 (US$ Mn)
10.5 Colorectal Cancer
10.5.1 Overview
10.5.2 Colorectal Cancer Market Revenue and Forecast to 2028 (US$ Mn)
10.6 Colitis
10.6.1 Overview
10.6.2 Colitis Market Revenue and Forecast to 2028 (US$ Mn)
10.7 Irritable Bowel Syndrome
10.7.1 Overview
10.7.2 Irritable Bowel Syndrome Market Revenue and Forecast to 2028 (US$ Mn)
10.8 Other Indications
10.8.1 Overview
10.8.2 Other Indications Market Revenue and Forecast to 2028 (US$ Mn)
11. MEA Colorectal Procedure Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Overview
11.1.1 MEA: Colorectal Procedure Market Share by Country – 2021 & 2028, (%)
11.1.1.1 Saudi Arabia: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Saudi Arabia: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.2 Saudi Arabia Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.1.1.3 Saudi Arabia Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.4 Saudi Arabia Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.5 Saudi Arabia Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.6 Saudi Arabia Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2 South Africa: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 South Africa: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.2 South Africa Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.1.2.3 South Africa Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.4 South Africa Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.5 South Africa Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.6 South Africa Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3 UAE: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 UAE: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.2 UAE Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.1.3.3 UAE Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.4 UAE Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.5 UAE Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.6 UAE Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4 Rest of MEA: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.2 Rest of MEA Colorectal Procedure Market, by Surgery Type –Forecast to 2028
11.1.1.4.3 Rest of MEA Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.4 Rest of MEA Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.5 Rest of MEA Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.6 Rest of MEA Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
12. Colorectal Procedural Market –Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Colorectal Procedural Market (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profile
13.1 Ethicon (Johnson & Johnson Services, Inc.)
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 B. Braun Melsungen AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cardinal Health Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Boston Scientific Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 CooperSurgical, Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Olympus Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Saudi Arabia Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 2. Saudi Arabia Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 3. Saudi Arabia Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 7. South Africa Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 8. South Africa Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. South Africa Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 12. UAE Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 15. UAE Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of MEA Colorectal Procedure Market, by Surgery Type–Forecast to 2028
Table 17. Rest of MEA Colorectal Procedure Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of MEA Colorectal Procedure Market, by Surgery Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of MEA Colorectal Procedure Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of MEA Colorectal Procedure Market, by Indication – Revenue and Forecast to 2028 (US$ Million)
Table 21. Organic Developments in the Colorectal Procedural Market
Table 22. Inorganic Developments in the Colorectal Procedural Market
Table 23. Glossary of Terms
LIST OF FIGURES
Figure 1. MEA Colorectal Procedure Market Segmentation
Figure 2. MEA Colorectal Procedure Market, By Country
Figure 3. MEA Colorectal Procedure Market Overview
Figure 4. Subtotal Colectomy Segment Held Largest Share of Surgery Type Segment in MEA Colorectal Procedure Market
Figure 5. UAE is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Middle East & Africa: PEST Analysis
Figure 7. Experts Opinion
Figure 8. MEA Colorectal Procedural Market Impact Analysis of Drivers and Restraints
Figure 9. MEA Colorectal Procedure Market – Revenue Forecast and Analysis – 2019- 2028
Figure 10. MEA Colorectal Procedure Market, by Product 2021 & 2028 (%)
Figure 11. MEA Endoscope Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. MEA Electrosurgery Market Revenue and Forecasts To 2028 (US$ MN)
Figure 13. MEA Handheld Device and Visual Systems Market Revenue and Forecasts To 2028 (US$ MN)
Figure 14. MEA Sealing and Stapling Devices Market Revenue and Forecasts To 2028 (US$ MN)
Figure 15. MEA Ligation Clips, Dilators, and Speculas Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. MEA Cutter and Shears Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. MEA Accessories Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. MEA Colorectal Procedure Market, by Surgery Type 2021 & 2028 (%)
Figure 20. MEA Right Hemicolectomy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. MEA Left Hemicolectomy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. MEA Subtotal Colectomy Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. MEA Low Anterior Resection Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. MEA Abdomino-Perineal Resection Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. MEA Others (Including Endoscopic Surgery) Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. MEA Colorectal Procedure Market, by End User 2021 & 2028 (%)
Figure 27. MEA Hospital & Clinics Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. MEA Surgery Centers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. MEA Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. MEA Colorectal Procedure Market, by Indication 2021 & 2028 (%)
Figure 31. MEA Colon Polyps Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. MEA Crohn’s Disease Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. MEA Colorectal Cancer Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 34. MEA Colitis Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 35. MEA Irritable Bowel Syndrome Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 36. MEA Other Indications Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 37. MEA: Colorectal Procedure Market, by Key Country – Revenue (2021) (US$ Million)
Figure 38. MEA: Colorectal Procedure Market Share by Country – 2021 & 2028, (%)
Figure 39. Saudi Arabia: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. South Africa: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. UAE: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Rest of MEA: Colorectal Procedure Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Growth Strategies in the Colorectal Procedural Market (%)
● 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
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa colorectal procedure market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● 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
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The List of Companies – Middle East & Africa Colorectal Procedure Market
● B. Braun Melsungen AG
● Boston Scientific Corporation
● Cardinal Health Inc.
● CooperSurgical, Inc.
● Ethicon (Johnson & Johnson Services, Inc.)
● Medtronic
● Olympus
At 12.3% CAGR, the Middle East & Africa Colorectal Procedure market is speculated to be worth US$ 806.74 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Middle East & Africa colorectal procedure market was valued at US$ 402.33 million in 2022 and is expected to reach US$ 806.74 million by 2028, registering an annual growth rate of 12.3% from 2022 to 2028. Increasing prevalence of colorectal cancer and new product launches are the critical factors attributed to the market expansion.
Colorectal surgery causes pain, swelling, and scars. In addition, scars from the surgery do not disappear completely. With every surgery, there is also a chance of complications. These complications include major blood loss infection, heart attack, and blood clots. There can also be an injury to nearby organs. Moreover, there are short and long-term side effects specific to colectomy. Further, it has been observed that in the days or weeks following colon resection, food, digested debris, or stool may leak out where the colon was reconnected. This complication is known as an anastomotic leak. This can further cause pain, fever, and life-threatening infection. It is common for scar tissue to form after abdominal surgery. In various cases, as there is so much scar tissue that the bowel becomes obstructed. In rare cases, the bowel may become tightly wrapped around an area of scar tissue. Moreover, the hernia is one of the long-term effects of colon surgery.
Additionally, colonic dilation has been used to treat benign strictures at surgical anastomoses and those associated with Crohn’s disease. Furthermore, two prospective studies with 42 patients with anastomotic strictures not from Crohn’s disease reported no complications after dilations. In contrast, a systematic review of 13 studies with 347 patients with Crohn’s disease with colonic strictures reported dilation-related complications rates of 0% to 18%, with a pooled complication rate of 2%. All complications were associated with perforations. These are some of the factors, which hamper the overall colorectal procedural market growth.
On the contrary, complications associated with colorectal procedure hurdles the growth of Middle East & Africa colorectal procedure market.
Based on product, the market is divided into endoscopes, electrosurgery devices, handheld devices and visual systems, sealing and stapling devices, ligation clips and dilators & speculas, cutters and shears, accessories, and others. Endoscope segment held 38.8% market share in 2022, amassing US$ 156.17 million. It is projected to garner US 309.74 million by 2028 to expand at 12.1% CAGR during 2022–2028. In terms of 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 (endoscopic surgery). Subtotal colectomy held 64.0% market share in 2022, amassing US$ 257.69 million. It is projected to garner US$ 519.56 million by 2028 to expand at 12.4% CAGR during 2022–2028.
The Middle East & Africa colorectal procedure market, based on end user, is segmented into hospitals and clinics, surgery centers, and others. Hospitals and clinics held 58.4% market share in 2022, amassing US$ 235.11 million. It is projected to garner US$ 466.28 million by 2028 to expand at 12.1% CAGR during 2022–2028.
Based on indication, the market is segmented into colon polyps, Crohn’s disease, colorectal cancer, colitis, irritable bowel syndrome, and other indications. With 44.0% share of the domain, the Irritable bowel syndrome segment dominated the market in 2022. It accrued US$ 176.94 million in 2022 and is estimated to generate US$ 364.49 million by 2028 to grow at a CAGR of 12.8% over the forecast period.
Our regional analysis states that the Saudi Arabia captured 34.0% market share in 2022. It was assessed at US$ 136.59 million in 2022 and is likely to hit US$ 269.05 million by 2028, exhibiting a CAGR of 12.0% during the forecast period.
Key players dominating the Middle East & Africa colorectal procedure market are B. Braun Melsungen AG; Boston Scientific Corporation; Cardinal Health Inc.; Colospan Ltd; CooperSurgical, Inc.; Ethicon (Johnson & Johnson Services, Inc.); Medtronic; Olympus Corporation; and SAFEHEAL among others.
Below are listed few key developments by market players:
In year 2022, Ethicon announced the results of a new real-world study that shows its Echelon Circular Powered Stapler was associated with a 74% reduction in anastomotic leak rates and a 44% reduction in 30-day inpatient hospital readmission rates after colorectal surgery with a manual circular stapler. In year 2022, Medtronic announced final findings from a randomized, international, multi-center center that confirmed the effectiveness of the GI Genius intelligent endoscopy module, which uses AI as an aid in detecting colorectal polyps during colonoscopy, potentially helping to prevent colorectal cancer.
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