UAE Interventional Cardiology Devices Market to be dominated by Increasing Prevalence of Coronary Artery Diseases through 2027
Increasing prevalence of coronary artery diseases to
drive the UAE interventional cardiology devices market in the forecast period,
2023-2027
According to TechSci Research report, “UAE Interventional Cardiology Devices Market – By Region, Forecast and Opportunities, 2017-2027”, the UAE interventional cardiology devices market is anticipated to grow
at a significant rate in the forecast period, 2023-2027. Interventional
cardiology is the branch of cardiology that concerns with catheter-based
treatment of cardiovascular diseases, such as congenital heart defect (CHD), aneurysm,
and coronary artery disease. The procedure requires the insertion of catheter
into femoral artery or vein or any large peripheral artery and through catheter
whole procedure is performed by using fluoroscopy. The rise in prevalence of
coronary artery diseases, technological advancements, and unhealthy lifestyle
are the primary factors driving the demand for the UAE interventional
cardiology devices market. In UAE, as the population of overweight and obese are
increasing, the overall prevalence of heart related ailments is rising too.
This is due to the lack of physical activity and unhealthy choices made by the
people in the country. Growing expansion of healthcare facilities, increasing
investments on healthcare sector, rising patient awareness and geriatric
population are expected to influence the market demand.
However, a stringent regulatory requirement, high
manufacturing cost of devices and the availability of effective first-line
treatments which may hamper
the growth of the market in the forecast period.
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data Figures spread through 110 Pages and an in-depth TOC on "UAE Interventional Cardiology Devices Market"
The UAE Interventional
Cardiology Devices market is segmented into product, end user, and
company.
Based on product, the market
is divided into angioplasty balloons, angioplasty stents, structural heart
devices, catheters, plaque modification devices, hemodynamic flow alteration
devices, and other. The
catheters segment is expected to witness a rise
over the forecast period due to the expanding prevalence of coronary artery
diseases (CAD), and the growing awareness about the benefits of the early
diagnosis. Moreover, technological advancements and product innovations taking
place in the Catheters sub-segment are likely to propel UAE interventional
cardiology devices market growth.
Based on end user, the market
is divided into hospitals
& clinics, ambulatory surgical centers, and others. The hospital
segment is anticipated to grow at the highest rate during the forecast period which
attributes to the increasing number of hospitals and the rising demand for
minimally invasive treatment options & procedures for heart-related
diseases. For instance, in 2019, health expenditure per capita for United
Arab Emirates was 1,843 US dollars.
Major operating companies
operating in UAE interventional cardiology devices market are:
- Riomed Medical Supplies LLC
- B Braun Medical Gulf FZ-LLC
- GE Healthcare UAE
- Omron Healthcare UAE
- Masimo Corporation UAE
- Philips Healthcare UAE
- Nihon Kohden Middle East FZE
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“UAE is expected to witness
a significant growth in the upcoming years due to increasing prevalence of coronary
artery diseases, technological advancements, and unhealthy lifestyle. Also,
owing to the non-invasive surgeries, the demand for Interventional Cardiology
Devices rises. Changing
lifestyle such as lack of activity, unhealthy choices, and sedentary lifestyle
are the primary reason due to which the
UAE interventional cardiology devices market is expected to grow through 2027”
said Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“UAE
Interventional
Cardiology Devices Market - By Region, Competition Forecast &
Opportunities, 2027 Segmented By Product Type (Angioplasty Balloons, Angioplasty
Stents, Structural Heart Devices, Catheters, Plaque Modification Devices,
Hemodynamic Flow Alteration Devices, Others), By End User (Hospitals &
Clinics, Ambulatory Surgery Centers, Others), By Region”, has evaluated the future growth
potential of UAE interventional cardiology devices and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in UAE interventional cardiology devices market.
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