UAE Medical Devices Market Size & Insights
According to MarkNtel Advisors study The future of UAE Medical Devices 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.
What are the Key Driver in the UAE Medical Devices Market?
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.
What are the Key Segments in the UAE Medical Devices Market?
The UAE Medical Devices is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- 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
- 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
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How does geographical analysis highlight in the UAE Medical Devices market?
- By Region
- Dubai
- Abu Dhabi and Al Ain
- Sharjah &Northern Emirates
Who are the Key Players in UAE Medical Devices Market?
Medtronic Plc, Johnson & Johnson Middle East FZ-LLC, Abbott Laboratories, Becton, Dickinson & Company (BD), B. Braun Medical Gulf FZ-LLC, Siemens Healthineers AG, GE Healthcare, Stryker ESCS BV, Boston Scientific Corp., Fujifilm Middle Eat FZE etc.
UAE Medical Devices Market News
2022: Boston Scientific inaugurated its new offices in the United Arab Emirates to address the significant increase in demand for medical devices in the region.
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- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
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- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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