The UAE medical device market is expected to grow at a CAGR of 6.7% from 2020 to 2025, and revenue in 2025 will exceed US$2 billion: Ken Research

2021-12-15 01:29:19 By : Ms. Tiffany Chan

Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time

-Since the UAE is almost entirely dependent on imported medical devices, medical device companies have plenty of opportunities to meet the country’s growing demand.

-The increasing number of global manufacturers entering the UAE medical device market will support the dominant position of distributor intermediary sales, as these companies need local distributor partnerships to sell their equipment in the UAE.

-Innovative surgical interventions such as autonomous surgical robots and smart balloon catheters will improve the effectiveness of complex operations and enable new forms of minimally invasive surgery.

Gurugram, India, December 7, 2021 /PRNewswire/ - Increasing demand for radiographic services: High incidence of lungs and heart disease prompts hospitals to improve medical equipment, thereby increasing general-purpose radiation such as electrocardiographs Demand for photographic equipment, ultrasound, X-ray and others. The main advantages of digital imaging are cost-effective and easy to access. Hospitals can reduce costs by lowering movie prices, reducing storage space requirements, and reducing the number of people required to run services and archives.

The rise of the telemedicine industry: By 2025, the UAE's telemedicine market is expected to exceed USD 536.5 million, growing at a compound annual growth rate of 25% from 2020 to 2025. The fastest growing part of telemedicine will be the virtual access market, which is expected to reach 280.7 million U.S. dollars by 2025, with a compound annual growth rate of 30.7%. The market has many opportunities for growth due to the increasing adoption rate of providers without access to care and telemedicine, the increase in consumer demand and patient acceptance, and the improvement in the quality of care.

Request a sample report@ https://www.kenresearch.com/sample-report.php?Frmdetails=NDg0NzM1

New healthcare infrastructure projects: upcoming healthcare infrastructure projects in the UAE, such as the Dubai Saudi German Hospital, which is composed of a 150-bed hospital and medical school complex, will increase the demand for medical equipment. The UAE Ministry of Economic Development is also promoting investment proposals in the medical industry, including simplifying procedures, prioritizing local medical products and strengthening investment partnerships, which will promote the growth of locally manufactured products in the UAE.

The report entitled "UAE Medical Devices Outlook to 2025-Driven by Technological Progress, Increasing Population Ageing and the Rising Prevalence of Chronic Diseases in the Country" provides a comprehensive analysis of the UAE medical device market. The report covers all aspects, including current market size and production scenarios, segmentation ie equipment types, sales channels, technology, end user and regional analysis, major trends and developments, issues and challenges, government regulations and competition benchmarks. At the end of the report, the market forecasts for the future of the industry are given, including the industry scale based on revenue forecasts.

By business activity type

According to the type of medical consumables

By type of diagnostic imaging product

By heart device type

By breathing product type

According to the type of hospital furniture

By auxiliary product type

By type of dental and orthopedic products

Time period captured in the report:-

Key topics covered in the report:-

For more information about the research report, please refer to the following link:-

UAE medical device market growth

Related reports from Ken Research:-

Philippine Medical Devices Outlook to 2025 (Second Edition)-Increasing cases of chronic diseases and expected growth in demand for cancer treatment and dialysis equipment

The value of the equipment industry in the Philippines market in 2015 was ~ million Philippine pesos, and it achieved positive growth during the 2015-2020 review period, and the value by 2020 is PHP ~ 2020. The market is currently in a growth phase, with an increase in the number of hospitals, high prevalence of chronic diseases, increased cases of heart and kidney failure, an increase in the elderly population, awareness of health checks, the arrival of medical tourism, and the occurrence of the COVID-19 pandemic. Some key drivers of the market. The medical device industry in the Philippines is currently import-oriented, especially high-tech machines such as diagnostic imaging, cardiac equipment, and respiratory products. The current demand reflects the increasing medical care demand for hypertension, diabetes/kidney disease, tuberculosis/respiratory disease, cancer and some HIV/AIDS.

Brazil's medical device market outlook in 2025-by device type (in vitro diagnostic reagents, materials and supplies, laboratory equipment, etc.), business activity type (import and local production), sales channel (distributor and direct), end user type ( Hospitals, clinics and diagnostic laboratory centers, etc.) and by region (Southeast, South, Northeast, Midwest and North)

During the 2013-2018 review period, the Brazilian medical device market grew at a single-digit growth rate. The market growth is supported by the increase in public medical expenditure, the growth of the country's medical infrastructure, and the increase in the elderly population. It is observed that the market is in a growth phase and will continue to grow in the next few years. The demand for low-cost equipment and low-cost per test, as well as the change in decision-making power from doctors to hospital management, has significantly affected the growth of the market and changed the procurement pattern of the industry.

India's medical device market outlook to 2023-by IVD market (device type, sales channel, domestic manufacturing and import), diagnostic imaging market (device type, domestic manufacturing and import), and patient assistance market (orthopedic devices, hospital furniture) and Hearing aid)

During the period under review from FY2013 to FY2018, the Indian medical device market grew at a double-digit growth rate. The market growth is supported by the increase in public medical expenditure and the growth of the national medical infrastructure (through the expansion of existing hospitals and the increase in the number of hospitals and the increase in the elderly population). The market is in a growth phase and will continue to grow during the forecast period (FY2018 to FY2023). The demand for personalized patient care and changes in decision-making power from doctors to hospital management have significantly affected market growth.

Global drug abuse testing equipment market outlook in 2025-by product (consumables, analyzers and rapid testing equipment), end users (criminal justice system, workplaces and schools, hospitals, research laboratories, etc.) and by region (United States of America) , Canada, China, Germany, Italy, Mexico, France, India, South Africa, Saudi Arabia, etc.)

Due to the increasing number of deaths caused by drug overdose, some countries are enacting strict drug consumption laws; this has promoted the development of the drug abuse detection equipment market. Initially, the most used were traditional samples, such as urine and oral fluid, but over time, there has been a shift to more convenient samples, such as hair and fingerprint devices, which use sweat as a sample to detect drugs taken by individuals. As more and more workplaces and schools introduce random drug testing practices, the demand for drug abuse testing equipment continues to increase.

Asia-Pacific orthopedic device market outlook to 2025-by country (China, Japan, India, South Korea, RoAPAC), by treatment type (joint, spine, trauma and orthopedic biology and sports medicine); and by end user type (multiple Specialist and orthopedic hospitals)

The growth of the orthopedics market in the Asia-Pacific region is driven by the increase in the proportion of the elderly population in Asia, especially in China and Japan. The growth of the artificial joint market is mainly due to the increase in osteoporosis cases, which has been the main growth driver. Doctors have always been the main influencers of most companies and have been promoting major imported brands in most regions except China. The increasing focus of domestic companies on R&D has forced multinational companies to develop new products for the Asian market.

LinkedIn | Instagram | Facebook | Twitter | YouTube

Contact us:-Ken Research Ankur Gupta, Head of Marketing and Communications [Email Protection] +91-9015378249

More news releases on similar topics

Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time