Global Market Research Reports : Ken Research: Kuwait Blood Gas Analyzer and POC Immunoassay Analyzer Market Outlook

Thursday, July 7, 2022

Kuwait Blood Gas Analyzer and POC Immunoassay Analyzer Market Outlook

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Increased Privatization, growing public and private healthcare centres, and double-digit growth in BGA, POC IAA, and TCM markets are the key market drivers of the medical devices industry in Kuwait: Ken Research

Heavy Government involvement in the industry: The government of Kuwait drives the majority of the healthcare sector with an 84% market share. The increasing budget share (11%) and upcoming projects to increase the number of hospitals and healthcare centers are expected to drive the demand for diagnostic devices in Kuwait. The huge presence of global brands like Siemens, Abbott, and Radiometer and increasing private investments are helping the medical devices market to grow at double digits.

COVID-19 Impact on Medical Device Market: With the advent of COVID-19, it became difficult for the suppliers to provide services on time. The government showcased prompt action and increased the number of beds and ventilators in ICUs and also provided free medical care to many migrant workers in the country of Kuwait. Although the market for BGA and POC IAA slowed down a bit is 2020 and the pace was slowly picked up in 2021.

Surge in Modern Technologies and number of Hospitals: The government has been increasing the number of technological developments and product approvals to propel the market growth during the study as well as the forecast period. The increasing Neo-Natal Diseases have led to an increase in several ICUs and NICUs. Technologically advanced TCM and the rising prevalence of chronic disorders are leading to the adoption of these devices for monitoring Oxygen and Carbon dioxide in Kuwait.

The report titled “Kuwait Blood Gas and POC Immunoassay Analyzer Market Outlook to 2026” by Ken Research suggested that the Diagnostic Devices (BGA, POC IAA, and TCM) market is expected to see double-digit growth in all the three segments of the market. Increased investment in healthcare from both government and private sector and high disease prevalence are driving the market in Kuwait. Increased focus on improving the quality of healthcare by the private sector will boost the overall medical devices industry in Kuwait.

Key Segments Covered

Blood Gas Analyzer

By Installed Base
By Type of Device
By Type of Sales Model
By type of End-User
By Type of Workload

POC Immunoassay Analyzer

By Installed Base
By Type of Device
By Type of Sales Model
By Type of Tests Conducted

Transcutaneous Monitors

By Installed Base
By End User

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Key Target Audience

Healthcare Industry
Medical Device Manufacturing Companies
Medical Device Distributors
Hospitals
Multi-specialty and Super Specialty Clinics
Diagnostic Centers
Sleep Labs Centers
Home Healthcare Centres

Time Period Captured in the Report:

Base Year: 2021
Forecast Period: 2022F–2026F

Companies Covered:

Equipment Manufacturers

Roche Diagnostics
Abbott
Siemens Healthineers
Nova Biomedical
Radiometer
Instrumentation Laboratory

Key Topics Covered in the Report

Kuwait Diagnostic Device (BGA, POC IAA, and TCM) Introduction
Market Ecosystem
Value chain Analysis
Detailed Analysis of Blood Gas Analyzer Market in Kuwait (Market Size, 2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026; Future Trends and Technologies)
Detailed Analysis of Immunoassay Analyzer Market in Kuwait (Market Size, 2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026; Future Trends and Technologies)
Detailed Analysis of Transcutaneous Monitors Market in Kuwait (Market Size, 2021; Market Segmentation; Market Shares; Competition; Future Market Size, 2026; Future Trends and Technologies)
Major Challenges in Kuwait Diagnostic Device (BGA, POC IAA, and TCM) Market