UAE Medical Devices Market: Comprehensive Analysis and Forecast 2024 to 2030 | |
Автор: wasimarkntel |
UAE Medical Devices Market Overview and Insights:UAE Medical Devices Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development. What is the Future Market Size of the UAE Medical Devices Industry and its Yearly Growth Rate?The UAE Medical Devices 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 is largely attributed to the country’s commitment to providing world-class healthcare services, strategic location as a regional healthcare hub, and a healthcare ecosystem marked by cutting-edge technology and skilled healthcare professionals. The surging demand for innovative new devices and the growing prevalence of lifestyle & chronic diseases such as obesity & diabetes is also aiding in elevating the demand for these devices across the medical sector. Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.” Request for a Free PDF Sample of the Report – https://www.marknteladvisors.com/query/request-sample/uae-medical-devices-market.html Who are the Main Competitors Driving the UAE Medical Devices Market Forward?The prominent players essentially operating in the UAE Medical Devices Market are as follows:
What are the key Drivers Defining the UAE Medical Devices Market Size?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), Non-Communicable 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. Full Market Research Report – https://www.marknteladvisors.com/research-library/uae-medical-devices-market.html What is the Segmentation of the UAE Medical Devices Market?The UAE Medical Devices market covered in this report is segmented –
By capturing the potential share in the UAE Medical Devices Market, the Hospital segment is projected to grow at the fastest rate during 2023.
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