UAE Homecare Medical Equipment Market By Type (Therapeutic Equipment {Home Respiratory Therapy Equipment, Home IV Equipment, Home Dialysis Equipment, Others}, Patient Monitoring Equipment {Blood Glucose Monitors, Blood Pressure Monitors, Holter Monitors, Peak Flow Meters, Apnea Monitors, Heart Rate Monitors, Baby Monitors, Electronic Thermometers, Others}, Mobility Aids & Patient Support Equipment {Wheelchairs, Walking Assist Devices, Bathroom Safety Equipment, Others}, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), By Region, Competition Forecast & Opportunities, 2027
UAE homecare medical equipment market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of growing outpatient care service demands. Increasing instances of in-home medical assistance are further driving the growth of the UAE homecare medical equipment market in the upcoming five years. Rising disposable income among the population and the increasing demand for personal healthcare experts & hired patient care services demands are also some of the major factors supporting the growth of the UAE homecare medical equipment market in the next five years. Homecare medical equipment is the medical devices that provide a safe, convenient, cost-efficient, and provides a suitable environment for the patients in the comfort of their homes.
Expanding Outpatient Healthcare Sector Promises Market Growth
Growing demands for qualitative healthcare among the population of the country are further driving the growth of the UAE homecare medical equipment market in the upcoming five years. Rising instances of chronic diseases and prolonged treatment for the same often requires outpatient healthcare services for the patients. Growing in-home care, after surgery recoveries, along with the long-term life support systems, the demand for homecare medical equipment is rapidly growing and aiding the growth of the UAE homecare medical equipment market in the next five years.
In the year 2020, the UAE outpatient healthcare expenditure was USD 7.41 billion. Under the scheme and plans for healthcare support from the government, the patient in need is aided by patient care, funded by the government. Also, with the rising disposable income, the population is spending and thus the demand for homecare medical equipment in the upcoming five years in the future five years.
COVID-19 Influence Over Home Healthcare Industry
Recent pandemic conditions had strict regulations. A complete lockdown was imposed and the patient suffering from chronic diseases was advised to stay home, and medical assistance was provided through cloud services and homecare services. Health monitoring equipment like blood sugar monitoring equipment, blood pressure monitors, pulse oximeters, etc. were highly in demand and thus the UAE homecare medical equipment market is expected to grow in future five years. The rising geriatric population, increasing instances of diabetes, and blood pressure issues are some of the major factors driving the growth of the UAE homecare medical equipment market in the next five years.
Market Segmentation
The UAE homecare medical equipment market is segmented by type, distribution channel, competitional landscape, and regional distribution. Based on type, the market is fragmented into therapeutic equipment, patient monitoring equipment, mobility aids & patient support equipment, and others. Therapeutic equipment includes home respiratory therapy equipment, home IV equipment, home dialysis equipment, and others. Patient monitoring equipment includes blood glucose monitors, blood pressure monitors, Holter monitors, peak flow meters, apnea monitors, heart rate monitors, baby monitors, electronic thermometers, and others. Mobility aids & patient support equipment includes wheelchairs, walking assist devices, bathroom safety equipment, and others. By distribution channel, the market is bifurcated into hospital pharmacies, retail pharmacies, online pharmacies, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Abu Dhabi, Dubai, Sharjah, rest of UAE.
Company Profile
Medtronic Meta FZ-LLC, Johnson & Johnson UAE, Abbott Laboratories S.A., Roche UAE, GE Healthcare UAE, Philips Healthcare UAE, Invacare UAE, Sunrise Medical UAE, Drive Devilbiss UAE, Dexcom UAE, among others is a partial list of major market players of the companies responsible for the growth of UAE homecare medical equipment market.
Report Scope:
In this report, UAE homecare medical equipment market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
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