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Ongoing technological advancement to aid the Middle East & Africa Pulse Oximeter a growth of 8%: Bonafide Research
Jun, 24
2021

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Ongoing technological advancement to aid the Middle East & Africa Pulse Oximeter a growth of 8%: Bonafide Research

 

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The regional market is primarily driven by the ongoing research on technological advancements and the increasing cases of asthma. The overall coronary obstructive pulmonary disease prevalence in the Middle East is 3.6%, wherein the UAE had an overall prevalence of 1.9% in 2020, allowing the Middle East & Africa market to be at a value of USD 0.14 Billion in 2015. The research report titled Middle East & Africa Pulse Oximeter Market Outlook, 2026 by Bonafide Research categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type, based on end-users, based on countries & major companies.
Tobacco smoking is a significant factor contributing to the growing prevalence of respiratory diseases in the region. Increased exposure to dust & sandstorms is the other reason for the high incidence rates of pulmonary diseases. The rising occurrence of these respiratory diseases will lead to an increased demand for pulse oximeters. The fingertip oximeter segment is to grow immensely in the region, with an anticipated CAGR of higher than 12%. Key driving factors in the pulse oximeter market in the country are the rising prevalence of respiratory diseases, an outbreak of the Covid-19 pandemic, and the increasing incidence of congenital heart disease. However, lockdowns and supply chain disruptions have affected the sales and manufacturing of pulse oximeters for a short period. Nevertheless, the overall impact of the pandemic on the pulse oximeters market in the Middle East and Africa is considered as a positive impact.
The Middle East and Africa is a very dry region with many deserts and dry barren sandy dunes and lands this causes a lot of sandstorms in the region and can lead to air quality issues and health problems. The home care segment witnessed an exceptional growth of over 25% CAGR in the period 2015-2020. This region has many industries and mining activities as well because of which the workers may face occupational health problems. People of countries like South Africa do not have a lot of awareness regarding such diseases because of which many people are undiagnosed, the pulse oximeter market here has a lot of scopes if people start being aware of such medical devices and the diseases that may need the use of it. Besides, the region is witnessing extensive research activities for the advancement of different applications of pulse oximeters.
The United Arab Emirates is a contributor to greenhouse gas emissions, listed as having the 29th highest carbon dioxide emissions. Contributors to poor air quality in the United Arab Emirates include industrial emissions and vehicle emissions. Seasonal variations in pollution exist, with the highest levels occurring from February to March and June to August due to dust storms. Due to pollution caused by many industries and sandstorms, COPD is common and hence increases the scope of the market. In the region, Saudi Arabia & UAE together contribute to an approx. of 30%.