DUBLIN--(BUSINESS WIRE)--The "Middle East and Africa Soft Tissue Repair Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
This report on the soft tissue repair market in the Middle East and Africa has determined the industry to progress with a CAGR of 6.40% over the forecast period 2021-2028. Turkey, Saudi Arabia, South Africa, the United Arab Emirates, and Rest of Middle East & Africa constitute the market in this region.
According to estimates from Turkey's statistical authority, the number of elderly people in the country, aged 65 years and above, reached approximately 8 million by the end of 2020. This was a staggering increase from 6.5 million people in 2015 to 7.9 million in 2020, with a jump of 22.5% over the five-year period. The surge in the geriatric population is expected to boost the growth of the country's soft tissue repair market in the coming years.
Besides, it has been observed that the medical tourism industry in the country is flourishing, and the cost of weight loss surgery is quite affordable, when compared to that in the United States and western Europe. Many patients are thus traveling to the country for weight loss surgery, and saving almost 80% on their treatment.
Additionally, these procedures are performed by highly skilled and experienced surgeons. Therefore, affordable prices, and the presence of acclaimed doctors, well-developed hospitals, as well as tourist attractions are some of the factors driving medical tourism here. The development of this industry translates into enhanced demand for soft tissue repair as well. This is fostering the growth of the Turkish market.
Companies Mentioned
- Allergan
- Athersys Inc
- Bard Peripheral Vascular Inc
- Baxter International Inc
- Becton Dickinson and Company (BD)
- Boston Scientific Corporation
- Cryolife Inc
- Johnson & Johnson
- Integra Lifesciences Corporation
- Medtronic plc
- Organogenesis Inc
- Stryker Corporation
- Smith & Nephew plc
- Wl Gore and Associates
- Zimmer Biomet Inc
Key Topics Covered:
1. Middle East and Africa Soft Tissue Repair Market - Summary
2. Industry Outlook
2.1. Impact of COVID-19 on the Soft Tissue Repair Market
2.2. Key Insights
2.3. Porter's Five Forces Model
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute Products
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Strategic Developments
2.6.1. Contracts and Partnerships
2.6.2. Business Expansions, Announcements, and Divestitures
2.6.3. Acquisitions & Mergers
2.6.4. New Product Launches & Developments
2.7. Market Drivers
2.7.1. Incidence of Soft Tissue-Associated Diseases Driving the Market Growth
2.7.2. Occurrence of Soft Tissue Damage-Related Diseases Diagnosed More Frequently in the Aging Population
2.7.3. Adverse Effects of Obesity on the Musculoskeletal System
2.8. Market Challenges
2.8.1. Indistinct Regulatory Environment
2.8.2. Unfavorable Reimbursement Hindering the Market Growth
2.9. Market Opportunities
2.9.1. Opportunities for the Soft Tissue Repair Market in Developing Economies
2.9.2. Demand for Soft Tissue Repair Products Catering to Sports-Related Injuries
3. Market by Product Type
3.1. Laparoscopic Instruments
3.2. Tissue Mesh
3.3. Fixation Devices
4. Market by Application
4.1. Orthopedic Repair
4.2. Hernia Repair
4.3. Skin Repair
4.4. Dental Repair
4.5. Dural Repair
4.6. Breast Reconstruction
4.7. Head and Neck Products
4.8. Pelvic and Vaginal Prolapse Repair
5. Geographical Analysis - Middle East and Africa
5.1. Country Analysis
5.1.1. Saudi Arabia
5.1.2. United Arab Emirates
5.1.3. Turkey
5.1.4. South Africa
5.1.5. Rest of Middle East & Africa
6. Company Profile
7. Research Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/r/v3sixr
