UAE Medical Devices Market Research Report: Industry Analysis and Forecast to 2030
UAE Medical Device Market size was valued at around USD 1.92 billion in 2023 and is estimated to grow at a CAGR of about 8.87% during the forecast period, i.e., 2024-30.
According to the latest market research report title “UAE Medical Devices Market By Type (Diagnostic Devices [Surgical ENT Devices, Endoscopes, Diagnostic Molecular Devices, Imaging Devices], Monitoring Devices [Cardiac Monitoring Devices, Respiratory Monitoring Device, Temperature Monitoring Devices, Weight Monitoring Devices, Hemodynamic Monitoring Devices, Fetal and Neonatal Monitoring Devices, Neuromonitoring Devices, Others], Drug Delivery Devices, Bio Implants and Stimulation Devices, Surgical Devices, Treatment Equipment [Infusion Pumps, Medical Lasers and LASIK Surgical Machines, Others]), By Therapeutic Application (Gastrointestinal Surgery, Diagnostic Imaging, Respiratory, General Surgery, Orthopedics, Dental, Cardiovascular, Nephrology And Urology, Neurology, Ophthalmology, Ear-Nose-Throat (ENT), Others), By End-User (Hospitals, Specialty Centers & Clinics, Diagnostic Centers, Homecare), By Region (Dubai, Abu Dhabi & AI Ain, Sharjah & Northern Emirates)–Forecast to 2030″, published by MarkNtel Advisors, The UAE Medical Device Market size was valued at around USD 1.92 billion in 2023 and is estimated to grow at a CAGR of about 8.87% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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UAE Medical Devices Market Key Driver:
Active Government Efforts Toward Attaining Carbon Neutrality – In order to achieve carbon-zero targets and diversify the economy away from the overburdened oil & gas sector, the UAE government is taking various initiatives toward raising awareness among citizens about the benefits of electric vehicles and providing them with tax redemption or rebate. Hence, more & more people are shifting towards more automated & technologically updated electric vehicles, given the rising fuel prices and growing concerns over environmental degradation, thereby driving the UAE Medical Devices Market.
UAE Medical Devices Market Segmentation
The UAE Medical Devices Market is highly robust and fragmented into numerous segments;
By Type
-Diagnostic Devices
–Surgical ENT Devices
–Endoscopes
–Diagnostic Molecular Devices
–Imaging Devices
-Monitoring Devices
–Cardiac Monitoring Devices
–Respiratory Monitoring Device
–Temperature Monitoring Devices
–Weight Monitoring Devices
–Hemodynamic Monitoring Devices
–Fetal and Neonatal Monitoring Devices
–Neuromonitoring Devices
–Others
-Drug Delivery Devices
-Bio Implants and Stimulation Devices
-Surgical Devices
-Treatment Equipment
–Infusion Pumps
–Medical Lasers and LASIK Surgical Machines
-Others
By Therapeutic Application
-Gastrointestinal Surgery
-Diagnostic Imaging
-Respiratory
-General Surgery
-Orthopedics
-Dental
-Cardiovascular
-Nephrology And Urology
-Neurology
-Ophthalmology
-Ear-Nose-Throat (ENT)
-Others
By End User
-Hospitals
-Specialty Centers & Clinics
-Diagnostic Centers
-Homecare
By Region
-Dubai
-Abu Dhabi and Al Ain
-Sharjah &Northern Emirates
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Key Players Operating in the UAE Medical Devices Market: –
-Medtronic Plc
-Johnson & Johnson Middle East FZ-LLC
-Abbott Laboratories
-Becton, Dickinson & Company (BD)
-B. Braun Medical Gulf FZ-LLC
-Siemens Healthineers AG
-GE Healthcare
-Stryker ESCS BV
-Boston Scientific Corp.
-Fujifilm Middle Eat FZE
Key Questions Answered:
- What is the projected CAGR of the UAE Medical Devices Market during the forecast period?
- Which segment is expected to lead the UAE Medical Devices Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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