UAE Cardiac Monitoring
& Cardiac Rhythm Management Devices Market is expected to register robust
growth in the forecast period, 2023-2027. Cardiac monitoring (CM)
devices assist in continuous examination of cardiac activity of a patient.
Cardiac rhythm management (CRM) devices help in maintaining normal cardiac
rhythm in patients suffering from rhythm and rate disorders of the heart. These
devices play a significant role in treating numerous cardiac ailments, such as
heart failure, atrial flutter, coronary ischemia, lack of oxygen supply to
cardiac muscles, indications of recent heart attack, atrial fibrillation,
effects of drugs, and certain genetic errors among others. The increasing
incidence of cardiac disorders and growing number of unmet medical needs across
UAE is primarily driving the market growth. With this, continuous advancements
in the devices and the rising awareness among the patients regarding the
cardiac management devices supports the market growth. The development of new
MRI-labelled devices is expected to offer lucrative opportunities for growth of
cardiac monitoring & cardiac rhythm management sector in the upcoming
years.
Elevating
Prevalence of Cardiovascular Disease Augments the Market Growth
Cardiovascular disease (CVD)
is the major cause of death across the globe. As per the World Health Organization
(WHO), CVD approximately 30 million people suffer heart attack or stroke every
year. Few of the risk factors for CVD include family history, ethnicity, and
age. Some of the major causes for cardiovascular ailments, include tobacco
consumption, high blood pressure (hypertension), high cholesterol, obesity,
physical inactivity, diabetes, unhealthy diets, and alcohol consumption which
are contributing to the market growth. On account of the lifestyle
modifications, number of cases of hypertension, diabetes, dyslipidemia, and
obesity, are propelling the rise in incidence of CVD across the globe. Numerous
CVDs can be prevented through pre-monitoring and pre-diagnosis. Several
abnormalities in the functioning of the heart, called arrhythmias, can be treated
successfully with early diagnosis. This, in turn, is escalating the demand for
CM & CRM devices as these devices aid save patients at high risk of cardiac
arrest which is supporting the growth of the market in the forthcoming years.
Launch of Advanced Devices is
Expected to Boost the Market Growth
Continuous technological
advancements and the advent of various innovative products such as durable
batteries, MRI pacemakers, and biocompatible materials are primarily driving
the growth of the cardiac monitoring devices and cardiac rhythm management
market. Cardiac monitoring and cardiac rhythm management devices are widely
utilized in hospitals, home, and ambulatory care. With this, the growing
adoption of novel devices along with the technological innovation implemented
in the healthcare sector are stimulating the market growth. Several leading
market players are focusing towards developing compact versions of these
devices, which is projected to revolutionize the market in the upcoming years.