UAE Wearable Medical Devices Market, By Type (Diagnostic v/s Therapeutic), By Products (Activity Monitors/Trackers, Smartwatches, Patches, Smart Clothing), By Purpose (Heart Rate, Physical Activities, Blood Oxygen Saturation, Body Temperature, Others), By

UAE Wearable Medical Devices Market, By Type (Diagnostic v/s Therapeutic), By Products (Activity Monitors/Trackers, Smartwatches, Patches, Smart Clothing), By Purpose (Heart Rate, Physical Activities, Blood Oxygen Saturation, Body Temperature, Others), By Site (Strap/Clip/Bracelet, Handheld, Headband, Shoe Sensors, Others), By Application (General Health & Fitness, Remote Patient Monitoring, Home Healthcare), By Distribution Channel (Pharmacies, E-Commerce, Others), By Region, Competition Forecast & Opportunities, 2017-2027

UAE wearable medical devices market is expected to grow at a formidable rate during the forecast period. The market growth can be attributed to the increasing prevalence of chronic disorders such as diabetes, obesity, cardiovascular diseases, etc., and growing consumer awareness about preventive healthcare measures. Ongoing digitization trends in the healthcare industry and the launch of novel wearable medical devices are also some of the factors contributing to the growth of the UAE wearable medical devices market. Rise of market players offering innovative products to monitor blood pressure, brain activity, heart disease, blood sugar level, pain relief, hydration, temperature, and sleep of an individual is also contributing to the market growth. Rising investments from market players in research & development activities for better healthcare management and the growing inclination of consumers towards purchasing wearable medical devices for chronic disease management, elderly care, and fitness management are supporting the UAE wearable medical devices market growth. The launch of convenient and affordable wearable medical devices and rapid adoption of advanced digital technologies by consumers are driving the market growth. Additionally, the healthcare industry is continuously exploring new technologies and improving the quality of treatments moving towards virtual disease management, remote monitoring, diagnosis, and treatment, which is anticipated to boost the UAE wearable medical devices market in the coming years. Furthermore, increasing focus on fitness and a healthy lifestyle and rising mortality rate due to non-communicable diseases are creating more demand for personalized monitoring and care devices, fueling the adoption of wearable medical devices in UAE.

The UAE wearable medical devices market is segmented into type, products, purpose, site, application, distribution channel, regional distribution, and company. Based on type, the market is divided into diagnostic and therapeutic. The diagnostic type is expected to hold the largest share in the UAE wearable medical devices market owing to the rising availability of many diagnostic devices and the increasing incidence of chronic diseases. Based on products, the market is divided into activity monitors/trackers, smartwatches, patches, and smart clothing. The activity monitors/trackers segment is anticipated to dominate the UAE wearable medical devices market owing to the rising internet penetration and a growing number of smartphone-based healthcare devices.

Leading players in the UAE wearable medical devices market are Philips Healthcare Middle East, Medtronic UAE, Abbott Laboratories, Inc. (UAE), GE Healthcare UAE, Fitbit, Inc. (UAE), Dexcom UAE, Boston Scientific Corporation, etc.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze and forecast market size of the UAE wearable medical devices market, in terms of value.
• To define, classify and forecast the UAE wearable medical devices market on the basis of type, products, purpose, site, application, distribution channel, region, and competition forecast.
• To identify tailwinds and headwinds for the UAE wearable medical devices market.
• To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the UAE wearable medical devices market.
• To evaluate competitor pricing, average market selling prices and trends in the UAE wearable medical devices market.
• To strategically profile the leading players, which are involved in the supply of wearable medical devices in the market.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of wearable medical devices manufacturers and suppliers in UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings and end user of all major wearable medical devices suppliers across UAE.

TechSci Research calculated the market size for the UAE wearable medical devices market using a bottom-up approach, where manufacturers’ value sales data for different types of products was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

• Wearable medical devices manufacturers
• Research organizations and consulting companies
• Associations, organizations, and alliances related to wearable medical devices
• Government bodies such as regulating authorities and policy makers
• Industry associations
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as manufacturers, distributors, dealers, and which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, UAE wearable medical devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• UAE Wearable Medical Devices Market, By Type:
• Diagnostic
• Therapeutic
• UAE Wearable Medical Devices Market, By Products:
• Activity Monitors/Trackers
• Smartwatches
• Patches
• Smart Clothing
• UAE Wearable Medical Devices Market, By Purpose:
• Heart Rate
• Physical Activities
• Blood Oxygen Saturation
• Body Temperature
• Others
• UAE Wearable Medical Devices Market, By Site:
• Strap/Clip/Bracelet
• Handheld
• Headband
• Shoe Sensors
• Others
• UAE Wearable Medical Devices Market, By Application:
• General Health & Fitness
• Remote Patient Monitoring
• Home Healthcare
• UAE Wearable Medical Devices Market, By Distribution Channel:
• Pharmacies
• E-Commerce
• Others
• UAE Wearable Medical Devices Market, By Region:
• Dubai
• Abu Dhabi
• Sharjah
• Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE wearable medical devices market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Companies Mentioned

1.Philips Healthcare Middle East
2.Medtronic UAE
3.Abbott Laboratories, Inc. (UAE)
4.GE Healthcare UAE
5.Fitbit, Inc. (UAE)
6.Dexcom UAE
7.Boston Scientific Corporation

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights