Markntel Advisors’ report, UAE Medical Devices Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the UAE Medical Devices presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
UAE Medical Devices Market Research Report & Market Summary:
The UAE Medical Device Market size was valued at around USD 1.92 billion in 2023 and is estimated to grow at a CAGR of about 8.87% during the forecast period, i.e., 2024-30. This is largely attributed to the country’s commitment to providing world-class healthcare services, strategic location as a regional healthcare hub, and a healthcare ecosystem marked by cutting-edge technology and skilled healthcare professionals. The surging demand for innovative new devices and the growing prevalence of lifestyle & chronic diseases such as obesity & diabetes is also aiding in elevating the demand for these devices across the medical sector.
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UAE Medical Devices Market Dynamics:
Key Driver-
Rising Chronic Disease to Drive Demand for Medical Devices in the UAE – The escalating prevalence of chronic diseases, particularly diabetes & cardiovascular conditions, in the UAE is a significant driver shaping the country’s Medical Device Market. With lifestyle factors & changing demographics contributing to the surge in these health issues, there is an amplified demand for advanced medical devices & diagnostic tools that facilitate the effective management and treatment of these conditions. For instance, according to the World Health Organization (WHO), Non-Communicable Diseases account for around 77% of all deaths in the UAE, with which Cardio Vascular Diseases account for approximately 40% of the causes.
Due to this, patients & healthcare professionals increasingly rely on medical devices like glucose monitors, cardiac monitors, and imaging equipment to monitor, diagnose, and manage chronic diseases. This heightened demand stimulates the growth of the medical device market in the UAE. As the burden of chronic diseases continues to grow, the market for medical devices remains a critical component in delivering quality healthcare services & enhancing patient outcomes in the UAE.
UAE Medical Devices Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- Diagnostic Devices
- Surgical ENT Devices
- Endoscopes
- Diagnostic Molecular Devices
- Imaging Devices
- Monitoring Devices
- Cardiac Monitoring Devices
- Respiratory Monitoring Device
- Temperature Monitoring Devices
- Weight Monitoring Devices
- Hemodynamic Monitoring Devices
- Fetal and Neonatal Monitoring Devices
- Neuromonitoring Devices
- Others
- Drug Delivery Devices
- Bio Implants and Stimulation Devices
- Surgical Devices
- Treatment Equipment
- Infusion Pumps
- Medical Lasers and LASIK Surgical Machines
- Others
Diagnostic devices hold the major position in the UAE Medical Device Market during historical years, and this trend is predicted to be followed in the forecast year as well.
By Therapeutic Application
- Gastrointestinal Surgery
- Diagnostic Imaging
- Respiratory
- General Surgery
- Orthopedics
- Dental
- Cardiovascular
- Nephrology And Urology
- Neurology
- Ophthalmology
- Ear-Nose-Throat (ENT)
- Others
By End User
- Hospitals
- Specialty Centers & Clinics
- Diagnostic Centers
- Homecare
By capturing the potential share in the UAE Medical Devices Market, the Hospital segment is projected to grow at the fastest rate during 2023.
By Region
- Dubai
- Abu Dhabi and Al Ain
- Sharjah &Northern Emirates.
As indicated in the latest market research report published by Markntel Advisors, “UAE Medical Devices Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the UAE Medical Devices industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/uae-medical-devices-market.html
Top Companies Operating in the UAE Medical Devices Market:
- Medtronic Plc
- Johnson & Johnson Middle East FZ-LLC
- Abbott Laboratories
- Becton, Dickinson & Company (BD)
- Braun Medical Gulf FZ-LLC
- Siemens Healthineers AG
- GE Healthcare
- Stryker ESCS BV
- Boston Scientific Corp.
- Fujifilm Middle Eat FZE.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & UAE Medical Devices Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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