Middle East & Africa Portable Medical Devices Market Outlook

the middle east & africa portable medical devices market is set to experience a significant growth in the coming years. in 2018, the estimated value for the market was estimated to be around $2,776 million, and with expected compounded annual growth rate of 3.5%, it is expected to reach a market size of $4,623 million by 2032. the major drivers for this growth can be attributed to the rising medical demands due to increasing population, expansion of healthcare systems, and development of healthcare infrastructure in the region. with advancements in technology, the availability of portable medical devices is improving, thus boosting the market growth in the region. moreover, the introduction of electronic medical records (emr) and the growing adoption of minimally invasive procedures is also creating an incremental demand in the market. some of the major portable medical devices on which the market in middle east & africa is focusing are glucose monitoring devices, nebulizers, blood pressure monitors, and diabetes kits. the increasing incidences of lifestyle diseases and the growing trend of healthy living is driving up the demand for glucose monitoring devices. similarly, nebulizers are being used extensively to treat asthma and respiratory ailments, thus creating a positive impact on the market. the increasing awareness about self-care and healthcare provisions that are easily accessible has also helped to improve the portable medical devices market in the region. governments are also taking steps to involve public and private investments in healthcare services, which is providing an impetus to the market. the market is highly competitive with some of the major players like medtronic plc, bayer ag, koninklijke philips n.v., smiths medical, st. jude medical, and ge healthcare. these companies are looking for expansion opportunities by focusing on product innovation and cost optimization. this is also expected to further fuel the growth of the market in the coming years. overall, the middle east & africa portable medical devices market is expected to keep growing at a healthy pace in the coming years due to increased investments in healthcare, advances in medical technologies, and rising incidences of chronic and lifestyle diseases. such advancements will make the region more well equipped to tackle medical challenges and help to provide better healthcare services to the population.