UAE recorded the highest population growth rate in the Arab region in 2020 with Abu Dhabi accounting for 85% of the total UAE area. Majority of the healthcare facilities are concentrated in Abu Dhabi and Dubai followed by Sharjah and Ras al-Khamiah.
The UAE has a comprehensive, government-funded health service and a rapidly developing private health sector, which is one of the major pillar of UAE Vision 2021. Highest no. of in-Patient and outpatient is observed in Abu Dhabi followed by Sharjah with Dubai and Abu Dhabi leading in terms of physicians and nurses. 77.1% Deaths in UAE are caused by non-Communicable diseases with high prevalence of Obesity and related cardio metabolic disorders in the country.
UAE is the fourth largest medical device market in the Middle East and Africa region, growing @8.7% CAGR in 2015-2020. It is a highly price sensitive and import dependent market with advanced medical devices imported from countries such as US, Germany, Japan and China
Population growth, changing epidemiology, a growing medical tourism industry, healthcare infrastructure developments, expanding health insurance are the major growth drivers in the industry. However, lack of comprehensive laws and lax enforcement mechanisms for IP protection and dependency on imports limits the scope for ‘local innovation’ in the market.
Key Market Segmentations
By Procurement: Imports have accounted for 99.0% of the revenue share in UAE Medical Device Market in 2020. The imports are largely related to more sophisticated medical and surgical instruments and infrastructure.
By Mode of Sales: Distributor Mediated Sales have accounted for 85.0% of the revenue in UAE Medical Device Market in 2020. Majority of the international companies hire distributors in UAE through which it sells the medical devices to hospitals, diagnostic laboratories and other non-residential customers.
By Type of Medical Device: Medical Consumables have accounted for the largest share of ~% of the revenue share in UAE Medical Devices market in 2020, followed by Diagnostic Imaging product with ~% and Respiratory Products with ~%.
By Type of Medical Consumables: Surgical Gloves and Masks, Syringes, Needles and Catheters and Intravenous IV Administration Sets contributed more than ~% revenue in 2020. The COVID-19 outbreak and increasing hospital admissions across the country have significantly increased the demand for medical disposables.
By Type of Diagnostic Imaging Product: CT Scans contributed the highest revenue share of ~% in 2020 followed by X Ray Based Products, Ultrasound and MRI. The CT Scan segment witnessed the fastest growth since they are one of the primary diagnostic tools for COVID-19 patients.
By Type of Cardiac Device: Angioplasty Device Angioplasty and CRM have accounted for the major share of ~% each in the UAE medical device market in 2020. 6.5 mn people have at least one major risk factor for heart diseases driving the for the growth of cardiac device market
By Type of Respiratory Product: Oxygen Concentrators contributed highest revenue share of ~% in 2020. The UAE population has high risk of exposures to occupational and environmental factors that lead to illnesses such as asthma, chronic bronchitis and emphysema.
By Type of Hospital Furniture: Hospital Beds with Mechanical Fittings and Dentists' Chairs contributed highest revenue share of ~% in 2020. Increasing number of hospitals and lifestyle diseases along with operations on morbidly obese patients increasing by more than 5,000 cases a year is driving growth.
By Type of Auxiliary Product: Hearing Aids have accounted for the major share of ~% in the UAE medical devices market in 2020. Increase in hearing loss (4% of people in UAE live with impaired hearing) is the main reason for the growth of hearing aids devices in the country.
By Type of Dental and Orthopedic Products: Orthopedic Appliances contributed the highest revenue of $~ Mn in 2020. Oral implant surgery, products for sensitive teeth and gum are some of the major areas in dental care which led to demand of these equipments.
By End Users: Hospitals along with Clinics and Diagnostic Lab Centers contribute ~% of the market revenue in UAE Medical Devices Market in 2020. Consumer and provider attitudes toward telehealth have improved since the post-COVID-19 era. Virtual healthcare and business models are evolving, moving from purely “virtual urgent care” to a range of services enabling integration of telehealth with other virtual health solutions, and hybrid virtual/in-person care models.
By Regions: Abu Dhabi generated the highest revenue share of ~% in UAE Medical Devices in 2020 followed by Dubai and Sharjah with ~% and ~% each. Presence of the three healthcare cities in the UAE, namely Sheikh Khalifa Medical City, Dubai Healthcare City and Sharjah Healthcare City, are driving the medical device industry in UAE.
Competitive Scenario in UAE MEDICAL DEVICE Market
The competition scenario in UAE medical devices market is highly fragmented due to the presence of large number of international companies and local distributors leading to dilution of market share. The international companies distribute their products through authorized distributors located across the country. GE, Siemens, Philips, Hill-rom, Fresenius, Phonak, Stryker are the major companies operating in the UAE Medical Device market. Pharma trade, Gulf & world traders, Pure Health and Al Zahrawi are few top distributors in UAE. The major competitive parameters include product portfolio, price, and distribution network, pricing, after support services and marketing activities.
UAE Medical Device Market Outlook & Projections
The UAE medical device market is expected to generate $~ Bn revenue in 2025, with imports contributing ~% of the market revenues. The creation of a world-class healthcare sector is a top priority for the UAE and the healthcare sector is expected to advance and expand significantly in the next few years which will support the growth of Medical Device Market in the country. The Healthcare expenditure in UAE is expected to rise from $15.5 Bn in 2019 to $ 29.2 Bn in 2029. Aging population along with increase in number of hospitals and clinics, increase in total healthcare expenditure by the government and increase in medical tourism in the country are going to impact the demand for medical devices in the positive manner.
Companies Covered in the Report
Manufacturing Companies
· B. Braun
· Becton Dickinson (BD)
· Boston Scientific
· Canon
· Dräger
· Fresenius Medical Care
· Fujifilm
· GE Healthcare
· Getinge
· Hitachi
· Johnson & Johnson
· Medtronic
· Nihon Kohden
· Philips HealthTech
· Siemens Healthineers
· Smith & Nephew
· Stryker
· Zimmer Biomet
· Cochlear
· Oticon
· Starkey
· Widex
· Hill-Rom Holdings Inc.
· Invacare Corporation
· Paramount Bed Holding
Distributors
· Al Hayat Pharmaceuticals
· Al Mazroui
· Al Zahrawi
· Alphamed
· City Pharmacy Company
· Emitac Healthcare solutions LLC
· Gulf and World
· Gulf Drug Store LLC
· "Modern Pharmaceutical Company
· (MPC)"
· Pharmatrade
· Pure Health
Key Factors Considered in the Report
· Executive Summary
· Overview of UAE Healthcare System
· UAE Medical Device Market Introduction and Overview
· Industry Life Cycle and Value Chain of UAE Medical Device Market
· Key Market Drivers in the UAE Medical Device Market
· Demand & Supply Side Ecosystem, Preferences & Trends across UAE Medical Device Market
· UAE Medical Device Market Size by Revenue
· UAE Medical Device Market by Type of Devices and Sub Segments
· UAE Medical Device Market by End Users
· UAE Medical Device Market by Regions (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain)
· Competitive Factors and Assessment in UAE Medical Device Market
· Market Trends and Development
· Market Issues and Challenges
· Government Rules and Regulations
· UAE Medical Device Market Future Outlook
· Upcoming Technologies in the Medical Device Market
· Analyst Recommendations
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