Market Size of Middle East And Africa Diabetes Care Devices Industry
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 2.43 Billion |
| Market Size (2029) | USD 2.97 Billion |
| CAGR (2024 - 2029) | 4.12 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle East And Africa Diabetes Care Devices Market Analysis
The Middle East And Africa Diabetes Care Devices Market size is estimated at USD 2.43 billion in 2024, and is expected to reach USD 2.97 billion by 2029, growing at a CAGR of 4.12% during the forecast period (2024-2029).
The Middle East and African region had witnessed an alarming increase in the prevalence of diabetes, in recent years, the rate of diabetes is at an all-time high, mainly due to lifestyle changes. Diabetes is associated with many health complications. Patients with diabetes require many corrections throughout the day to maintain nominal blood glucose levels, such as administering additional insulin or ingesting additional carbohydrates by monitoring their blood glucose levels. Diabetes poses an emerging healthcare burden across the region.
73 million adults (20-79) are living with diabetes in the IDF MENA Region. This figure is estimated to increase to 95 million by 2030. 48 million adults in the IDF MENA Region are living with Impaired Glucose Tolerance, which places them at increased risk of developing type 2 diabetes. Diabetes is responsible for 796,000 deaths in the IDF MENA Region. USD 33 billion was spent on healthcare for people with diabetes.
Governments in the Middle East have identified the threat of diabetes and started to respond with various policies, initiatives, and programs. Six out of 15 countries in this region still do not have a national operational action policy for diabetes. Many countries still do not have a national strategy to reduce overweight, obesity, and physical inactivity, which are important risk factors for diabetes. Most counties have fully implemented national diabetes treatment guidelines. However, constant measures are being taken to minimize diabetic complications; therefore, owing to the aforesaid factors, the growth of the studied market is anticipated in the Middle East and African region.
Owing to the aforementioned factors the studied market is anticipated to witness growth over the analysis period.
Middle East And Africa Diabetes Care Devices Industry Segmentation
Diabetes care devices are the hardware, equipment, and software used by diabetic patients to regulate blood glucose levels, prevent diabetes complications, lessen the burden of diabetes, and enhance the quality of life. The Middle East and African diabetes care device market is segmented by monitoring devices, management devices, and geography. The report offers the value (in USD) and volume (in units) for the above segments.
| Monitoring Devices | |||||
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| Management Devices | |||||
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| Insulin Syringes | |||||
| Insulin Disposable Pens | |||||
| Insulin Cartridges in Reusable Pens | |||||
| Jet Injectors |
| Geography | |
| Saudi Arabia | |
| Iran | |
| Egypt | |
| Oman | |
| South Africa | |
| Rest of Middle East and Africa |
Middle East And Africa Diabetes Care Devices Market Size Summary
The Middle East and Africa diabetes care devices market is poised for significant growth, driven by the rising prevalence of diabetes in the region. This increase is largely attributed to lifestyle changes, which have led to a surge in diabetes cases, presenting a substantial healthcare challenge. The demand for diabetes care devices is expected to rise as patients require constant monitoring and management of their blood glucose levels to avoid complications. Governments in the region are recognizing the threat posed by diabetes and are implementing various policies and initiatives to combat the disease. Despite some countries lacking comprehensive national strategies, efforts are underway to reduce risk factors such as obesity and physical inactivity, which are closely linked to diabetes. These initiatives are anticipated to bolster the market for diabetes care devices in the Middle East and Africa.
The continuous glucose monitoring (CGM) segment is expected to experience robust growth, driven by technological advancements and the increasing adoption of CGMs over traditional finger-prick methods. These devices offer significant benefits in managing blood glucose levels, improving patient outcomes, and reducing the mental burden of diabetes management. Saudi Arabia is projected to lead the market growth in the region, influenced by factors such as urbanization, an aging population, and rising obesity rates. The Saudi government is actively working to enhance healthcare access and quality, further supporting market expansion. The market is characterized by fragmentation, with major players like Abbott and Medtronic engaging in strategic partnerships and innovations to maintain competitiveness. Recent approvals and collaborations, such as Nemaura Medical's non-invasive glucose sensor and the partnership between Becton, Dickinson, and Company and Biocorp, highlight ongoing efforts to advance diabetes care technologies in the region.
Middle East And Africa Diabetes Care Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Monitoring Devices
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2.1.1 Self-monitoring Blood Glucose Devices
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2.1.1.1 Glucometer Devices
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2.1.1.2 Blood Glucose Test Strips
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2.1.1.3 Lancets
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2.1.2 Continuous Glucose Monitoring Devices
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2.1.2.1 Sensors
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2.1.2.2 Durables (Receivers and Transmitters)
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2.2 Management Devices
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2.2.1 Insulin Pumps
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2.2.1.1 Insulin Pump Monitor
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2.2.1.2 Insulin Pump Reservoir
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2.2.1.3 Insulin Infusion Sets
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2.2.2 Insulin Syringes
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2.2.3 Insulin Disposable Pens
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2.2.4 Insulin Cartridges in Reusable Pens
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2.2.5 Jet Injectors
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2.3 Geography
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2.3.1 Saudi Arabia
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2.3.2 Iran
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2.3.3 Egypt
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2.3.4 Oman
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2.3.5 South Africa
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2.3.6 Rest of Middle East and Africa
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Middle East And Africa Diabetes Care Devices Market Size FAQs
How big is the Middle East And Africa Diabetes Care Devices Market?
The Middle East And Africa Diabetes Care Devices Market size is expected to reach USD 2.43 billion in 2024 and grow at a CAGR of 4.12% to reach USD 2.97 billion by 2029.
What is the current Middle East And Africa Diabetes Care Devices Market size?
In 2024, the Middle East And Africa Diabetes Care Devices Market size is expected to reach USD 2.43 billion.
