UAE Minimally Invasive Surgical Devices Market, By Type (Handheld Instruments {Graspers, Retractors/Elevators, Suturing Instruments, Dilators, Others}, Surgical Scopes {Laparoscopes, Gastroscope, Cystoscope, Ureteroscope, Others}, Cutting Instruments {Trocar’s v/s Other MIS Instruments}, Guiding Devices {Guiding Catheters v/s Guidewires}, Electrosurgical Devices {Electrosurgery Instruments & Accessories, Electrosurgery Generators, Patient Return Electrodes}, Others), By Surgery Type (Gastrointestinal, Gynecology, Urology, Cardiovascular, Others), By End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, Others), By Region, Competition Forecast & Opportunities, 2027
UAE minimally invasive surgical devices market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of growing adoptions of advanced technologies for the population welfare. Growing instances of surgical ventures further substantiate the growth of the UAE minimally invasive surgical devices market in the upcoming five years. Increasing investments in the healthcare industry and rising government involvement in surgical approaches further aid the growth of the UAE minimally invasive surgical devices market in the next five years.
Expanding Healthcare Industry Promises Market Growth
Increasing expenses for healthcare and patient care services is a major driver for the growth of the UAE minimally invasive surgical devices market in the upcoming five years. Along with the government investment, the common population of the country with their rising disposable income is also actively investing in healthcare services and substantiating the growth of the UAE minimally invasive surgical devices market in the next five years. UAE healthcare expenses were 4.27% of the country’s GDP in the year 2019.
The higher prevalence of chronic diseases like cancer, cardiovascular diseases, and neurological disorders that involves the surgical treatment, supports the growth of the UAE minimally invasive surgical devices market in the future five years. The use of minimally invasive surgical devices ensures high precision, accuracy, better control over the surgical procedures, and enhanced vision for the surgeon to operate and is thus preferred, thus aiding the growth of the UAE minimally invasive surgical devices market in the upcoming five years.
Rising Neurological Disorders Drives Market Growth
Increasing cases of mental disorders, genetic diseases that lead to various brain-related diseases, and other neurological disorders actively drive the growth of the UAE minimally invasive surgical devices market in the upcoming five years. Instances of disorders like strokes, severe headaches, epilepsy, cerebral palsy, etc. prove as major symptoms for the patient suffering from neurological disorders. These diseases coupled with increasing injury-related neurological disorders such as traumatic brain injuries and spinal cord injuries further signify the growth of the UAE minimally invasive surgical devices market in the next five years.
Rising instances of cancer are also aiding the market growth. In the year 2020, 4,807 new cancer cases were discovered in the country. Surgical removal of cancerous cells and tumors facilitates market growth since the consumers are actively demanding minimally invasive surgical devices and thus aiding the growth of the UAE minimally invasive surgical devices market in the forecast years through 2027.
Market Segmentation
The UAE minimally invasive surgical devices market is segmented by type, surgery type, end user, competitional landscape, and regional distribution. Based on type, the market is further segmented into handheld instruments, surgical scopes, cutting instruments, guiding devices, electrosurgical devices, and others. Handheld instruments include graspers, retractors/elevators, suturing instruments, dilators, and others. Surgical scopes include laparoscopes, gastroscopes, cystoscopes, ureteroscope, and others. Cutting instruments include Trocars and other MIS instruments. Guiding devices include guiding catheters and guidewires. Electrosurgical devices include electrosurgery instruments & accessories, electrosurgery generators, and patient return electrodes. Based on surgery type, the market is fragmented into gastrointestinal, gynecology, urology, cardiovascular, and others. By end user, the market is bifurcated into hospitals & specialty clinics, ambulatory surgical centers, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Abu Dhabi, Sharjah, Dubai, and the rest of UAE.
Company Profile
Medtronic Meta FZ-LLC, Stryker ESCS BV, Johnson & Johnson UAE, Karl Storz UAE, and Fujifilm Middle East FZE, among others, is a partial list of major market players of the companies responsible for the growth of UAE minimally invasive surgical devices market.
Report Scope:
In this report, UAE minimally invasive surgical devices market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
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