According to recent findings, 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.
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UAE Medical Devices Overview:
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.
Additionally, the subsequent rise in the import of medical devices as the country is an import-driven market, along with snowballing government focus on the campaign to increase medical tourists, is also contributing toward the growth of medical devices.
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UAE Medical Devices Outlook and Future Trends :
Mounting Demand for Home Healthcare Devices in the UAE – With an increasing emphasis on addressing the needs of aging populations and effectively managing chronic diseases, the market for home care medical devices has been gaining significant momentum. These home healthcare devices encompass a wide range of solutions, including vital signs monitors, medication dispensers, and remote patient management tools.
The demand for home healthcare devices is continuously growing in the UAE, driven by the dual objectives of improving patient outcomes & enhancing the cost-effectiveness of healthcare delivery. As the market expands, manufacturers are likely to invest in innovative & user-friendly solutions tailored to the unique healthcare needs & preferences of the national residents, therefore becoming a profitable trend in the UAE Medical Device Market.
Global UAE Medical Devices Segmentation Analysis:
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.
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Some of the Market players in the Global UAE Medical Devices are:
- 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.
UAE Medical Devices Recent Development:
- 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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