Showing posts with label diabetes clinic in UAE. Show all posts
Showing posts with label diabetes clinic in UAE. Show all posts

Tuesday, January 10, 2023

UAE Diabetes Care Services Market is in a Growing Stage, owing to Rising Privatization of the Health Care Sector and Increasing Cost of Treatment

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  1. UAE Diabetes Care Services Market grew at a CAGR of 5.9% in the period 2017-2022P owing to increasing diabetes cases and Government initiatives to improve the economy

UAE Diabetes Care Services Market

The UAE Diabetes Care Services Market has witnessed a steady growth in the recent years as a result of various initiatives like Vision 2030 undertaken by the government. It is to be noted that Diabetes Screening Initiative by the Government in 2021 has addressed the critical areas of diabetes management and has led to an influx of patients in hospitals for health care services.

On the other hand, rising cases of diabetes as a result of unhealthy lifestyle has also exacerbated the situation. As per the estimates, a total of 550,000 patients of type 2 diabetes exist in the country as of 2022P & their number is expected to witness an uptick in the upcoming years which will probably drive the market growth as well. On the other hand, restraints like lack of medical staff, high competition in the market & low medical tourism marketing can hinder the overall progress.

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  1. Digital health applications, telehealth services and data monitoring are the major trends prevalent in UAE Diabetes Care Services Market

UAE Diabetes Care Services Market 

UAE’s health regulators are increasingly considering the adoption of new smart technologies. The country is predicted to add an additional AED 668.4 Bn to its economy by 2035 on the back of accelerated AI adoption Moreover, smart medi tech breakthroughs in the monitoring market will transform life for 1.2 Mn people in the UAE.  Some of the major innovations include insulin delivery systems, glucometers and others. In terms of telehealth services, it will help the patients in emergencies though medications for diabetes treatment such as insulin are taken by many with the help of health care providers.

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  1. Lack of specialized clinics or hospitals exclusively for diabetes treatment is a major market opportunity for a new player in the market.

UAE Diabetes Care Services Market

Number of diabetes affected population in UAE is expected to be 1.1 Mn in 2030. This increases the scope for new clinics in the country. New players can start small diabetes clinics with adequate facilities for diabetes screening and treatment, so that high capital investment can be avoided while existing players can expand their business by establishing small clinics in different locations. Players can focus on using injectable for treatment rather than oral medications, owing to increasing price of drugs such as metformin. Moreover clinics should be equipped with telemedicine services, so that it will be more consumer preferable and profitable. Increasing Government support for health care sector in UAE under UAE 2030 Vision will be a major impetus for new players in the market.

For more insights on the market intelligence, refer to the link below:-

UAE Diabetes Care Services Market Outlook to 2027F: Ken Research

Friday, January 6, 2023

UAE Diabetes Care Services Market is estimated to grow at a positive CAGR of ~6.1% between FY’22P-FY’27F: Ken Research

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UAE’s rapid infrastructural development, growing focus on preventive care, advancements in patient care delivery and Government support will positively transform the market.

Effect of Technology & Digital Health: UAE’s health regulators are increasingly considering the adoption of new smart technologies. The country is predicted to add an additional AED 668.4 Bn to its economy by 2035 on the back of accelerated AI adoption. Smart medi tech breakthroughs in the AED 39.3 Bn diabetes monitoring market, will transform life for 1.2 Mn people in the UAE. Innovations include insulin delivery systems, glucometers and other areas specifically targeted to address the many complications that arise from the disease.

Telehealth Services: Telehealth services are being promoted all over the globe for their quick response & ability to help the patients in times of emergency. Digital health solutions around telehealth covering remote consultations were introduced in UAE in 2019, where select private healthcare operators across the country started offering telehealth services to patients. Telehealth will help the patients in emergencies though medications for diabetes treatment such as insulin are taken by many with the help of health care providers. Not only this, individuals who reside away from hospitals & clinics can be assured of timely checkup via telehealth services which can curtail unpredictability to a large extent.

Rising Cost of Treatments: Diabetes treatment is unaffordable for non- residents in UAE due to income inequality in the economy in the remote or rural regions such as Al Khari, Labsah, Masafi and more. This creates an environment of uncertainty & anxiousness for individuals who are not well off. Not only this, there is minimal diabetes care services access for many people in the country, due to poor concentration of clinics in sub-urban and rural areas in comparison to urban provinces. This can be solved by setting up clinics and services in rural areas especially with the help of Government & increasing the concentration of private clinics in rural areas owing to low cost of operation.

Decision Making parameters: Convenience plays a greater role in deciding a clinic or hospital. A patient will be far more likely to visit a clinic that is in a convenient location as compared to the one far away from his/her existing location. Lower neighborhood level access can result in health care decisions that might reduce continuity of diabetes care. Primary care treatment clinics will be preferred by customers as they provide greater consumer proximity. When it comes to insurance services, Abu Dhabi and Dubai Government provides full medical coverage for all UAE nationals which is a major factor influencing the hospital visits. Insurance premium ranges around AED 5,500 a year and expats who have health cards from the Government can avail concessions in treatment and opt for health care services. This helps to increase the level of trust an individual has in the healthcare services thereby reducing uncertainty faced by them.

UAE Diabetes Care Services Market

Analysts at Ken Research in their latest publication UAE Diabetes Care Service Market Outlook to 2027F - Driven by Rising Diabetes Cases and Increasing Privatization in the Healthcare sector” by Ken Research observed that UAE Diabetes Care Services market is in the growing phase, growing at CAGR of 5.9% between FY’17-FY’22P owning to the favorable government Initiatives, increase in diabetes patient and rising technological advancement. It is expected that UAE Diabetes Care Services market will continue to grow, at a CAGR of 6.1% for the FY’22P- FY’27F forecasted period.

Key Segments Covered

UAE Diabetes Care Services Market:

  • By Types of Services, FY’2022P & FY’2027F:
  • Injectables
  • Oral Drugs
  • Combination
  • Lifestyle Changes
  • By Type of Requirement, FY’2022P & FY’2027F:
  • Tertiary Care
  • Secondary Care
  • Primary Care

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  • By Revenue Division, FY’2022P & FY’2027F:
  • Domestic
  • International
  • By End-User, FY’2022p & FY’2027F:
  • Diabetes Clinics
  • Hospitals
  • By Diabetes Clinics, FY’2022P & FY’2027F:
  • Organized
  • Unorganized

Key Target Audience

  • Hospitals
  • Diabetic Care Service Provider
  • Diabetic Care Equipment Distributer
  • Diabetic Care Equipment Manufacturer
  • Clinics
  • Market Research and Consulting Firms
  • Healthcare Companies
  • Pharmaceutical Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities
  • New Entrants

Time Period Captured in the Report:

  • Historical Period: FY’17- FY’22P
  • Base Year: FY’22P
  • Forecast Period: FY’22P – FY’27F

Companies Covered:

  • Imperial College London Diabetes Centre
  • Glucare Health
  • Mediclinic Middle East
  • Cleveland Clinic
  • NMC Healthcare

Key Topics Covered in the Report:

  • Executive Summary of UAE Diabetes Care Services Market
  • Market Size of UAE Diabetes Care Services Market
  • Market Segmentation of UAE Diabetes Care Services Market
  • SWOT Analysis of UAE Diabetes Care Services Market
  • Trends and Developments in UAE Diabetes Care Services Market
  • Factors considered by Hospitals and clinics for Treatment
  • Regulatory Bodies of UAE Diabetes Care Services Market
  • Overview of Emirates Diabetes Endocrine Society
  • Challenges and restrains in UAE Diabetes Care Services Market
  • End User Analysis of UAE Diabetes Care Services Market
  • Competitive Analysis of UAE Diabetes Care Services Market (Inception, USP, Insurance Partner, No of Clinics, Clinics by region, est. revenue, no of doctors, no of employees, no of walk-in per day per clinic, major treatment offered)
  • Future Outlook of UAE Diabetes Care Services Market
  • Covid Analysis of UAE Diabetes Care Services Market
  • Analyst Recommendations

For more information on the research report, refer to below link:

UAE Diabetes Care Services Market Outlook to 2027F: Ken Research

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Global Type 2 Diabetes Therapeutics Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

Global Diabetes Insulin Delivery Pens Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

Global Type 1 Diabetes Drugs Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery