The UAE Medical Devices Market is projected to grow by around 8.4% CAGR during the forecast period, i.e., 2021-26, cites a recent research study conducted by MarkNtel Advisors. The key highlights of the research report include the industry growth drivers, restraints, opportunities, trends, & extensive insights into the market dynamics amidst the Covid-19 crisis. Besides, a thorough analysis of the UAE Medical Devices Market across various segments, countries, and leading competitors has also been added to the study.
The study provides a predictable market size for 2021 based on demand and price analysis. The report forecasts the UAE Medical Devices market size to 2026 in both the short and long term. The COVID-19 pandemic has had an unfavorable influence on various markets, where small and medium-sized firms are struggling to stay afloat in the short term.
The growth of the market is accredited to surging demand for innovative new devices, burgeoning prevalence of lifestyle-disease such as obesity and diabetes, a significant surge in the number of clinics and increasing government investment on healthcare infrastructure. Moreover, the strong presence of the giant market player, the subsequent rise in the import of medical devices as the country is import driven market along with snowballing government focus on the campaign to increase medical tourist is strongly contributing toward the growth of the market in coming years.
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Key points covered in the report:
- UAE Medical Devices Market dynamics, market size, trend analysis, leading market players, opportunities, recent developments.
-Economy synopsis and forecast analysis for 2021-2026.
-The research on UAE Medical Devices Industry includes a detailed analysis of the key market participants.
-Market strategies that are increasingly being used by prominent UAE Medical Devices Companies.
-Assessment of market factors including market growth drivers, significant challengers, inhibitors, and opportunities.
-Strategic profiling of key market players and thorough evaluation of their growth tactics.
-PESTEL Analysis, Porter’s Five Forces Model, Competitors Analysis, Value Chain Analysis, Recommendations and Price Analysis.
The study is beneficial for industry stakeholders in justifying numerous key questions, such as which market segments should be targeted, marketing strategies to be applied, revenue generation techniques, in order to strategize investments and take advantage of market growth.
Key Companies & Market Share Insights:
Owing to the vast number of major and small-scale manufacturers, the market is extremely concentrated and competitive. Major corporations pursue numerous marketing tactics, such as geographic expansion, in order to boost sales and capitalize on new businesses and markets for new and existing products/services. Major industry players are: 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.
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Market Segmentation includes:
The UAE Medical Devices Market is categorized. This section brings the segmentation statistics and provides insights regarding growing and dominating segments. The data has been represented using charts and graphs to make it reader friendly.
Market Segment, 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
Market Segment, By Therapeutic Application
-Gastrointestinal Surgery
-Diagnostic Imaging
-Respiratory
-General Surgery
-Orthopedics
-Dental
-Cardiovascular
-Nephrology And Urology
-Neurology
-Ophthalmology
-Ear-Nose-Throat (ENT)
-Others
Market Segment, By End User
-Hospitals
-Specialty Centers & Clinics
-Diagnostic Centers
-Homecare
Market Segment, By Region
-Dubai
-Abu Dhabi & AI Ain
-Sharjah & Northern Emirates
Lucrative Opportunities:
The study outlines all of the issues that are being faced by UAE Medical Devices Market. This enables the reader to gain a better understanding of the market and grab the lucrative opportunities. The analysts conducted a thorough examination of the current market scenario while concentrating on new business objectives. A comprehensive evaluation of evolving stakeholders’ needs and the entire environment study is included.
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About Us:
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.
We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.
If you are looking for a custom-made report, feel free to reach out MarkNtel Advisors & avail customization facilities get connect at [email protected] and call at +1 604 800 2671.
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