Technological Advancement, An Increase In The Aging Population, And A Rise In The Prevalence Of Chronic Diseases In The Country Are Fueling The Growth Of The UAE Medical Devices Market – Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 1. UAE is the fourth largest medical device market in the Middle East, growing @~8% CAGR during 2015-2020, and is poised to grow more in the next five years. To Know More about this report, download a Free Sample Report The medical device industry of UAE has registered positive growth during the review period of 2015-2020. Here, UAE’s increasing budget allocation for the healthcare sector and ongoing healthcare development projects has played a pivotal role in the continued growth. Moreover, the increasing disease burden of chronic diseases and growing medical tourism are also helping the industry to expand. Besides it, the rising demand for Radiography devices, and telehealth services will drive the growth of the market in the future. Presently, the medical device market is expected to expand at a CAGR of ~6% between 2020 and 2025F. 2. Medical Consumables, Diagnostic Imaging Products, Respiratory Products, are some of the major contributors to the overall revenue of the medical devices sector in USA. The UAE medical device sector is continuously growing with Medical Consumables dominating the segment followed by Diagnostic imaging products, respiratory products, and Dental and orthopedic products. The Medical Consumables, Dental, and Orthopedic Products are highly expected to showcase highest growth in the coming years as many local manufacturers are entering into the market with their products. The demand for such products will be driven by rising demand for more sophisticated and modern medical products, increase in ageing population and deaths in the country along with increased government support and increased expenditure on healthcare. 3. Presently, the UAE medical device market relies heavily on foreign imports due to the underdevelopment of domestic medical device industry. Visit This link Request for Custom Report Large MNC’s in UAE lead the high technology end of the Medical Devices market with extensive service networks and local manufacturers producing products in the lower end of the technology value chain. This is because the medical equipment sector of UAE is highly price-sensitive and import-driven market with advanced medical devices being imported from countries such as Germany, Japan and China. The local companies majorly deal in surgical gloves, bandages, hospital hollowware and other equipment. Also, the other reason for the lower share of domestic production is majorly due to the lack of capabilities and fewer numbers of local manufacturing companies in the UAE. Further, around 50% and 25% margins are charged by distributors on Medical Consumables and Equipment’s respectively. 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