UAE is the fourth largest medical device market in the Middle East and Africa region, growing @8.7% CAGR from 2015-2020: Ken Research

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UAE Medical Devices Market is a highly price sensitive market relying heavily on foreign imports due to the underdevelopment of domestic medical device industry.

Growing Medical Tourism: UAE medical tourism industry has been witnessing a 5.5%4 annual growth rate with 0.5 Mn people visiting Dubai for medical treatment every year. The increasing medical tourist flow will drive the demand for quality healthcare services, medical devices and technology.

Import Dependent Market: UAE Medical Devices Market is a highly price sensitive and import dependent market with 99.9% revenue generated in 2020 and devices imported from countries such as Germany, Japan and China. Local production limited to prototype units, spare parts and disposables such as surgical gloves, syringes, and needles. The lower share of domestic production is majorly due to lack of capabilities and fewer numbers of local manufacturing companies in the UAE.

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Demand for Healthcare Infrastructure:  UAE healthcare infrastructure has been recognized as on par with international standards. The UAE government has increased its healthcare budget to $1.4 Bn and 8.1% of the total budget in 2021. The rise in additional hospitals and healthcare infrastructure is boosting the sale for medical devices in the UAE.

Growing and Ageing Population: High population growth (1.23% from 2019 to 2020) and increase in ageing population (7.2% of total population was aged 55+ yeas in 2020) is driving the demand for better healthcare services and medical devices. The chronic diseases will drive the demand for healthcare services with basic and advanced medical devices and technology.

The report titled “UAE Medical Devices Outlook to 2025– Driven by technological advancement, increase in the aging population and a rise in the prevalence of chronic diseases in the country” provides a comprehensive analysis on UAE Medical Device Market. The report covers various aspects including the current market size and production scenario, its segmentations viz, type of Devices, sales Channel, technology, end users and regional analysis, major trends and development, issues and challenges, government regulations and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue.

Key Segments Covered: -

By Type of Business Activity

Import

Local Production

By Mode of Selling

Distributor Mediated

Direct Sales

By Type of Device

Medical Consumables

Diagnostic Imaging Products

Respiratory Products

Dental and Orthopedic Products

Cardiac Device

Hospital Furniture

Auxiliary Devices

Ophthalmic Devices

Dialysis Machine

Others

By Type of Medical Consumable

Indoor surgical Gloves and Masks

Syringes, Needles and Catheters

Intravenous Administration Set

Sutures and catgut

Infusion Pumps

Ostomy

Bandages, Dressings and Others

By Type of Diagnostic Imaging Product

CT Scan

X-ray Based Products

Ultrasound

MRI

Electro diagnostic apparatus (Functional Examination)

ECG

Others

By Type of Cardiac Device

Angioplasty Device

Cardiac Rhythm Management

ICD

Implants

Pacemakers

Heart-Lung Machines

Others

By Type of Respiratory Products

Oxygen Concentrator

Nebulizers

Humidifier

Ventilators

Airway Pressure devices

Others

By Type of Hospital Furniture

Hospital Beds with Mechanical Fittings and Dentists' Chairs

Operating Tables

Examination Tables

Medical, surgical, dental or veterinary furniture

Others

By Type of Auxiliary Product

Hearing Aids

Artificial body parts (excluding artificial teeth and joints)

Others

By Type of Dental and Orthopedic Products

Orthopedic Appliances

Artificial teeth and dental fittings

Dental appliances

Surgical Belts

Trusses

Crutches

Others

By Type of End-Users

Hospitals

Clinics

Labs and Others

By Type of Region

Dubai

Abu Dhabi

Ras Al Khaimah

Sharjah

Others

Companies Covered

1. Braun

Becton Dickinson (BD)

Boston Scientific

Canon

Dräger

Fresenius Medical Care

Fujifilm

GE Healthcare

Getinge

Hitachi

Johnson & Johnson

Medtronic

Nihon Kohden

Philips HealthTech

Siemens Healthineers

Smith & Nephew

Stryker

Zimmer Biomet

Cochlear

Oticon

Starkey

Widex

Hill-Rom Holdings Inc.

Invacare Corporation

Paramount Bed Holdings

Key Target Audience

Medical Device Manufacturers

Medical Device Distributors

Medical Device Importers

Research organizations and consulting companies

Government bodies such as regulating authorities and policy makers

Market research and Consulting firms

Time Period Captured in the Report: -

Historical Period – 2015-2020

Forecast Period –2020-2025F

Key Topics Covered in the Report

Executive Summary

Overview of UAE Healthcare System

UAE Medical Device Market Introduction and Overview

Industry Life Cycle and Value Chain of UAE Medical Device Market

Key Market Drivers in the UAE Medical Device Market

Demand & Supply Side Ecosystem, Preferences & Trends across UAE Medical Device Market

UAE Medical Device Market Size by Revenue

UAE Medical Device Market by Type of Devices and Sub Segments

UAE Medical Device Market by End Users

UAE Medical Device Market by Regions (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain)

Competitive Factors and Assessment in UAE Medical Device Market

Market Trends and Development

Market Issues and Challenges

Government Rules and Regulations

UAE Medical Device Market Future Outlook

Upcoming Technologies in the Medical Device Market

Analyst Recommendations

For More Information on the research report, refer to below link:

UAE Medical Device Market Growth Rate

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 India Medical Device Market Outlook To 2023 - By IVD Market (Type Of Device, Sales Channel, Domestic Manufacturing And Import), By Diagnostic Imaging Market (Type Of Device, Domestic Manufacturing And Import) And By Patient Aid Market (Orthopedic Device, Hospital Furniture And Hearing Aid)

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