UAE Syringe Pumps Market By Type (Infusion Pump, Push/Pull Pump, Continuous Flow, Others), By Application (ICU, Cardiac Surgery Units, Pediatric Units, Operating Theatres, Others), By End User (Hospitals & Clinics, Ambulatory Care Settings, Others), By Product Type (Stationary v/s Portable), By Equipment Type (New v/s Refurbished), By Source (Domestic v/s Import), By Region, Competition Forecast & Opportunities, 2027
UAE syringe pumps market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of the increasing prevalence of diabetes and rapid increase in the geriatric population. Increasing instances of chronic diseases like cardiovascular diseases and cancer, etc. further drive the growth of the UAE syringe pumps market in the upcoming five years. Moreover, the increased number of patients in the need of homecare, and their need to monitor the amount of dosage of the drugs also support the growth of the UAE syringe pumps market in the next five years.
Syringe pumps are medical devices that are used to deliver a very small amount of medications, mechanically moving the piston of a syringe to send the medication into the IV tubing. The pumps are usually installed in case of a consistent supply of medication is required for the patient. For the patients who are suffering from chronic diseases and require regular administration of drugs in the form of drips, in case the patients are required to administer drugs for the lack of nutrition, etc.
Growing Disease Burden Promises Market Growth
Chronic diseases and infectious diseases are rapidly increasing in the country. Increasing instances of COVID-19 virus is one of the infectious diseases that surged the demands for syringes and syringe pumps in recent years as a therapeutic device that supplied the drug intravenously to patients. Moreover, patients suffering from chronic diseases often require a consistent supply of drugs and nutrient solutions for their recovery of the patients. Rising cancer instances and thus increasing demand for chemotherapy processes are actively driving the growth of the UAE syringe pump market in the upcoming five years.
Cardiovascular diseases are responsible for 40% of the mortalities in the country every year. Every year new cancer cases being discovered in the country are also increasing. In the year 2020, a total of 4807 new cases of cancer were discovered among the population of the United Arab Emirates. This figure included the native city, as well as immigrants in the country. Growing medical tourism in the country is also majorly responsible for the surging population burden in the country.
Expanding Healthcare Industry Supports Market Growth
Factors like the increasing number of hospitals & other healthcare infrastructure, increasing surgical ventures, growing investments, favorable government schemes along with growing demands for advanced healthcare & patient care services further drive the growth of the UAE syringe pumps market in the upcoming five years. UAE healthcare industry is one of the top-level healthcare service industries that ensure quality services for its patients. Rising disposable income among the population of the country is also aiding the growing investments in the country.
UAE outpatient healthcare system generates significant demand for syringe pumps. Increasing demand for outpatient services and growing expenses in the sector ensure UAE syringe pumps market in the next five years. In the year 2020, UAE outpatient healthcare expenditures were USD7.41 billion and it is anticipated to increase further with the availability of the services and consumers’ tendency to spend over lavish healthcare services including in-home settings for the patients.
Market Segmentation
The UAE syringe pumps market is segmented by type, application, end-user, product type, equipment type, source, competitional landscape, and regional distribution. Based on type, the market is further segmented into an infusion pump, push/pull a pump, continuous flow, and others. By application, the market is fragmented into ICU, cardiac surgery units, pediatric units, operating theatres, and others. Based on end users, the market is bifurcated into hospitals & clinics, ambulatory care settings, and others. By product type, the market is differentiated between stationary and portable, Based on equipment type, the market is divided between new and refurbished. Based on the source, the market is divided between domestic and import. 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, Medigate Medical Equipment Trading LLC, MegaMed S.M.S. Company LLC, Dubai Medical Supplies & Equipment, and Al Maqam Medical Supplies L.L.C, among others, is a partial list of major market players of the companies responsible for the growth of UAE syringe pumps market.
Report Scope:
In this report, UAE syringe pumps market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
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