Philips acquired Spectranetics in August 2017 for a deal
amounting to USD 2.2 Billion. The deal will help Philips enhance its portfolio
of interventional imaging systems and devices.
According to Ken Research report titled “Kuwait Medical Device Market Outlook to 2022 - By Type
of Medical Devices (Diagnostic Imaging Products, Medical Disposables, Auxiliary
Devices, Orthopedic Devices, Dental Products, Aesthetic Devices, Diabetic
Products and Others) and By Type of Sales Channel (Online and Offline Sales)”
increase in population along with
increase in number of chronic disease and other patients has resulted in growth
in demand for medical devices market. This growth is complemented by increase
in healthcare spending by the government as well as the private sector. However,
oil prices, outbound medical tourism and lack of skilled local doctors and
technicians had negative impact on medical devices market in Kuwait.
Positioning of Medical Devices Market in Kuwait
The medical
devices market in Kuwait is import driven and witnessed a double digit growth
in the past five years (2012-2017). There is demand for all type of medical
devices and is largely dominated by Diagnostic Imaging Products, Medical
Disposables, Auxiliary Devices, Orthopedic Devices, Dental Products, Aesthetic
Devices, and Diabetic Products. Demand is largely driven by ease of use and
handling, quality of diagnosis provided and eases of access to after sale
services. Improvement in quality of healthcare services and enhanced focus of
global players in providing service, training and support had positive impact
on the market.
New
Technologies Adoption, Emergence of Private Healthcare and Changing Lifestyle
will Drive the Market for Medical Devices in Kuwait
The market for medical devices in the region is
estimated to grow steadily and is primarily driven by diagnostic imaging
products accounting for majority of the market share. Healthcare market which
is largely dominated by government aided projects in past has seen increased
participation of private players. Many of the private hospitals use some of the
latest state of art technologically advanced medical devices. The product is
majorly sold through the offline channel as products are ordered in bulk and in
case of specialized devices many technical, quality parameters after sales
services and training details are to be finalized making it easier to adopt
offline channel or a mix of offline and online sales.
Increase
in number of chronic diseases, better awareness, improved access to new
treatment methods and access to well trained medical staff has resulted in
increase in demand for healthcare facilities including medical devices in the
country. The market consists of all the major players such as GE, Johnson and
Johnson, Canon, Siemens and other major players in global medical devices
industry thus boosting the confidence of patients in diagnosis.
Medical Devices Market Kuwait
Medical Devices Import Kuwait
Kuwait Diagnostic Imaging Products
Diabetes
Devices Market Kuwait
Kuwait
Orthopedic Devices Market
Kuwait Healthcare Devices
Johnson And
Johnson Kuwait Medical Devices
Artificial
Intelligence Kuwait Medical Devices
Future Of
Medical Devices Kuwait
Kuwait Medical
Device Products
Import Of
Medical Devices Kuwait
Medical
Device Distributors Kuwait
Canon
Kuwait Medical Devices
GE Kuwait
Medical Devices
Diabetic Devices
Market Kuwait
Online
Medical Devices Market
Global
Medical Devices Companies Kuwait
Porter
Analysis Kuwait Medical Devices
Key Segments Covered:-
Types of Medical Devices:-
Orthopedic
Devices
Auxiliary
Devices
Medical
Disposables
Diagnostic
Imaging/ Radiology Equipments
Diabetic
Products
Dental
Products
Aesthetic
Devices
Type of End Users:-
Public
Sector
Private
Sector
Type of sales Channel:-
Offline
Sale
Online
Sale
Key Target Audience:-
Hospitals
Doctors
Pharmacies
Medical Devices Manufacturers
Medical Devices Distributors
Diagnostic Labs
Ministry of Health
Period Captured in
the Report:-
2012-2017
– Historical Period
2018-2022
– Future Forecast
Companies Covered:-
Major Manufacturers:-
General Electric Healthcare
Canon Medical System (Toshiba Medical)
Johnson and Johnson
Medatronics
Major Distributors:-
Advanced
Technology Company
Al Essa
Group
Bader
Sultan
Safwan
Trading
Al-Sayer
Medical
Yiaco
Central
Circle
Fourth
Dimension
Tareq
For more information on the research
report, refer to below link:-
Related Reports:-
Contact Us:-Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
