Global Market Research Reports : Ken Research: UAE Medical Devices Market Growth Rate, Share, Size, Forecast and Outlook to 2025: Ken Research

Monday, July 18, 2022

UAE Medical Devices Market Growth Rate, Share, Size, Forecast and Outlook to 2025: Ken Research

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UAE Medical Devices Market is expected to Grow at CAGR 6.7% during 2020-2025, generating a revenue of over USD 2 Billion in 2025F: Ken Research

Key Findings

As the UAE are almost entirely reliant on imports of medical devices, abundant opportunities are available for medical device companies to meet the country’s growing demand.
Increasing presence of Global Manufacturers into the UAE Medical Devices market will support the dominance of Distributor Mediated sales as these companies require local distributor partnerships to sell their devices in UAE.
Innovative surgical interventions like autonomous surgical robots and intelligent balloon catheters will enhance outcomes of complex surgeries and enable new forms of minimally invasive surgeries.

Increased Demand for Radiography Services: High incident rates of lung and heart diseases prompt hospitals to make enhancements for medical equipment, thus, increasing the demand for general radiography devices like electro-cardiographs, ultrasound, x-ray and others. The major advantages of digital imaging are cost-effectiveness and easy accessibility. The hospitals are able to cut the cost by lowering the film price, reducing the requirement of storage space, and decreasing the number of people required to run the services and archive sections.

Rise of Telemedicine Industry: The Telehealth market in UAE is forecast to reach over $536.5 Mn by 2025, expanding @25% CAGR from 2020 to 2025. The highest growing segment within telehealth will be virtual visit market, which is expected to reach $280.7 Mn by 2025 representing @30.7% CAGR. The market holds many opportunities to grow owing to the lack of access to care and rising provider adoption of telemedicine, rising consumer demand and patient acceptance, and enhanced quality of care.

New Healthcare Infrastructure Projects: Upcoming healthcare infrastructure projects in UAE such as Saudi German Hospital Dubai, consisting of a 150-bed hospital and medical college complex will increase the demand for medical devices. The department of Economic Development in UAE is also boosting investment proposals in the medical industries sector, including facilitating procedures, giving priority to local medical products and strengthening investment partnerships, which will result in the growth of Local Manufactured Products in UAE.

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

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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

B. 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