UAE Medical Devices Market Share, Size, & Revenue | Forecast 2030

UAE Medical Devices Market Size, Trends, and Analysis for 2030: A Comprehensive Report 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 2024-30. www.marknteladvisors.com

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Market Insights

 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. This comprehensive market research report has been recently released by Markntel Advisors, a prominent firm specializing in research, consulting, and data analytics, offering an extensive array of strategic reports across various industry sectors. The report systematically examines numerous factors that have significantly shaped the market dynamics in recent years.

UAE Medical Devices Market Driver:

 Rising Chronic Disease to Drive Demand for Medical Devices in the UAE – The escalating prevalence of chronic diseases, particularly diabetes & cardiovascular conditions, in the UAE is a significant driver shaping the country's Medical Device Market. With lifestyle factors & changing demographics contributing to the surge in these health issues, there is an amplified demand for advanced medical devices & diagnostic tools that facilitate the effective management and treatment of these conditions. For instance, according to the World Health Organization (WHO), NonCommunicable Diseases account for around 77% of all deaths in the UAE, with which Cardio Vascular Diseases account for approximately 40% of the causes.  Due to this, patients & healthcare professionals increasingly rely on medical devices like glucose monitors, cardiac monitors, and imaging equipment to monitor, diagnose, and manage chronic diseases. This heightened demand stimulates the growth of the medical device market in the UAE. As the burden of chronic diseases continues to grow, the market for medical devices remains a critical component in delivering quality healthcare services & enhancing patient outcomes in the UAE.

How Has the UAE Medical Devices Market Been Divided?

 In the report, we have conducted a thorough analysis of the market by breaking it down into various high-performing segments. We aim to clarify the factors that contribute to the success and increased market share of each segment. This analysis includes an examination of their significant impact on the UAE Medical Devices Market in terms of sales, expansion opportunities, job creation, and other vital factors. These components are categorized as follows:  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])

Competitive Benchmarking

 In the UAE Medical Devices Market, prominent companies such as 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 etc are subject to thorough evaluation. Each company within this industry undergoes scrutiny based on the value of their products, their capabilities, and other noteworthy attributes. Additionally, this study encompasses various mergers and acquisitions, as well as recent product launches by these firms, aimed at acquainting stakeholders with the prevailing market dynamics.

Some of the Key Questions Answered in this Report:

 What are the growth projections for the years 2024-2030?  Which market factors will aid in developing client and business strategies?  What are the critical market opportunities for each segment enlisted in the research report?  What are the primary growth tactics used by the major market players?

Why You Should Choose MarkNtel Advisors for Your Market Research Needs:

 Valuable Insights for Informed Decisions: Our reports offer valuable and current insights that can be easily turned into actions. Whether you're a company looking to launch a new venture or expand profitably, our reports will guide you towards success.  Numerous Benefits: Our analysis of the UAE Medical Devices Market provides a wide range of advantages, including market research insights, comprehensive information, industry projections, and data trends.

 In-Depth Analysis: Our UAE Medical Devices Market report goes deep into various industries, expertly examining important market trends, consumer behavior, and competitive landscapes. Stakeholders can expect a wealth of insights to shape their business strategies.

Our Solutions: Offering Flexible and Scalable Solutions across Verticals

• Industry & Market Insights  Market size estimation  Go-to-market strategies  Business plans  Industry & market landscape  Growth strategy support  Market entry support • Consumer Insights  Product concept testing  Consumer behavior surveys  Brand health studies  Customer segmentation  Voice of customer surveys

• Company Insights  Account profiles  Product intelligence  Competitive intelligence  Industry & market landscape  Customer case studies  Prospect identification  Investor pitch decks

• Trade Insights  Distribution channel audits  Trade margin analysis  In-store visibility audits  Supplier audits  Product mix analysis

Our 360°Approach: Combining Various Techniques to Deliver Holistic Solutions

• Secondary Research • Desktop research • Syndicated research & reports • Proprietary databases • Industry associations & trade data

• Primary Research • In-depth stakeholder interviews • Consumer surveys • Mystery surveys • Expert interviews

• Data Insights • In-depth stakeholder interviews • Consumer surveys • Mystery surveys • Expert interviews

MarkNtel Advisors Target Geographies- Focus Areas

MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • Political, Economic, Social, Technological and Environmental Analysis • Credit Ratings provided by leading institutions • GDP projections by bodies such as the World Bank, IMF, OECD, etc.

• Market Disruptions and the “Next Big Things”

Major Target Areas Low Focus Geographies

Low to Medium Focus

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