UAE Medical Devices Market Overview:

According to MarkNtel Advisors study 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 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. 

The UAE Medical Device Market Opportunity:

Expansion of Healthcare Infrastructure to Propel Medical Devices Manufacturing Opportunities – New healthcare infrastructure projects in the UAE are creating prospects for medical device manufacturers in the country. Projects like Al Ain Hospital, consisting of 713 beds with a rehabilitation center, would increase the demand for medical devices to treat patients.

The Department of Economic Development is actively promoting investment opportunities within the medical industrial sector, streamlining administrative procedures, prioritizing local medical products, and fostering collaborative investment ventures with both domestic & foreign medical device manufacturers. Such measures create a conducive environment for manufacturers to expand their operations within the UAE and contribute to the overall growth of the UAE Medical Device Market in the forecast years.

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Scope of the UAE Medical Devices Market Report Segmentation

-By Type

• Diagnostic Devices
• Monitoring Devices
• Drug Delivery Devices
• Bio Implants and Stimulation Devices
• Surgical Devices
• Treatment Equipment
• 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

For more detailed information about the UAE Medical Devices market report, click here – https://www.marknteladvisors.com/research-library/uae-medical-devices-market.html

Geographical analysis:

-By Region

• Dubai
• Abu Dhabi and Al Ain
• Sharjah &Northern Emirates

The UAE Medical Device Industry Recent Development:

• 2022: Boston Scientific inaugurated its new offices in the United Arab Emirates to address the significant increase in demand for medical devices in the region.

Current Landscape of UAE Medical Devices Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the UAE Medical Devices market. The research report profiles major players, including

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• 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

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