UAE Respiratory Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

UAE Respiratory Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The UAE Respiratory Devices Market is expected to register a CAGR of 2% during the forecast period. This is attributing to the increasing prevalence of respiratory disorders, such as COPD, TB, Asthma, and Sleep Apnea, technological advancements, and large patient population. As per the data published in the World Bank 2019, the tuberculosis incidents rate in the United Arab Emirates per 100,000 inhabitants was 0.81 in 2017. In addition, according to the Global Health Data Exchange, in 2017 approximately 19,742.18 numbers of people are affected by COPD in the United Arab Emirates.

Thus, the presence of such a large number will demand respiratory devices and drive the market in the UAE. Furthermore, Increasing R&D expenditure by innovators and generic players, technological advancements associated with respiratory devices, and the rising ageing population will also fuel the UAE respiratory devices Market. However, high costs associated with the devices may hamper the market to a certain extent.

Key Market TrendsTherapeutic devices in UAE Respiratory Device is Estimated to Witness a Healthy Growth in Future.

Therapeutic devices are estimated to witness healthy growth in the future attributed to the growing prevalence of respiratory disorders, rising chronic diseases, and growing geriatric population. Therapeutic devices comprise of CPAP Devices, BiPAP Devices, Humidifiers, Nebulizers, Ventilators, Oxygen Concentrators, and Inhalers. These are essential in the healing of the respiratory disorder population.

The CPAP and BiPAP devices are widely used in obstructive sleep apnea patient population. The rising number of sleep apnea population in the United Arab Emirates and the availability of reimbursement coverage in this region are expected to fuel the therapeutic device segment growth. This rising prevalence and enhanced patient compliance will likely positively impact the segment growth

Competitive Landscape

The UAE Respiratory Devices Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are ResMed, Medtronic, Koninklijke Philips N.V, GE Healthcare, Atlas Medical, GlaxoSmithKline plc, Fisher & Paykel Healthcare Ltd, and Allied Healthcare Products, Inc

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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