UAE oxygen concentrators Market is
anticipated to register growth with an impressive CAGR in the forecast period,
2023-2027. Oxygen concentrators are extensively used by medical care workers
for diagnostic and therapeutic purposes. The market growth can be attributed to
the growing prevalence of several chronic medical ailments such as asthma,
chronic bronchitis, and chronic obstructive pulmonary disease (COPD). The
growing prevalence of such diseases is primarily due to the adoption of
sedentary and unhealthy lifestyles such as high alcohol consumption, smoking,
junk eating, lack of exercise leading to obesity, and so on. In addition, the
increasing carbon emissions and degrading air quality have also resulted in
increased cases of lung-related problems. Furthermore, the rising geriatric
population who are more susceptible to such diseases is anticipated to propel
the UAE market for oxygen concentrators over the coming years.
Growing Demand for Homecare Oxygen
Concentrator Fuels the Market Growth.
With the growing prevalence of chronic
respiratory diseases, the demand for home-based oxygen concentrators is growing
at a rapid pace. COPD, respiratory allergies, occupational lung diseases, and asthma
are among the leading respiratory disorders across UAE because of their high
frequency and social and economic impacts. According to a survey, approximately
60 million people in the middle east are at risk of developing respiratory
illness. This has augmented the need for homecare oxygen concentrators. Oxygen
concentrators and compressed oxygen gas cylinders are extensively utilized in
homecare settings and are generally chosen by old patients who experience
difficulty in mobility and rely upon a steady oxygen supply. Furthermore, the
outbreak of Covid-19 across the globe and the consistently increasing number of
covid-affected patients have proliferated the adoption of oxygen cylinders or
concentrators in UAE as well. During the peak times of covid, due to the
shortage of oxygen beds in the hospitals, numerous people were stocking oxygen concentrators
at home. This has prompted several market players to supplement the
manufacturing of oxygen concentrators. As a result, the UAE oxygen
concentrators market has a huge potential in the coming years.
Increasing Rate of Product Launches
Along With Rising Government Initiatives Fuels the Market Growth
The introduction of innovative products
with the growing preference for portable oxygen concentrators is fostering the UAE
oxygen concentrators market. Portable oxygen concentrators are light in weight
and are increasingly preferred by patients who travel frequently. They are also
gaining wide traction in the airline sector. Apart from this, the governments
of several developing nations are extensively spending to improve the
healthcare infrastructure, especially after huge losses due to Covid-19. For
this, the UAE government is focusing on both import and local manufacturing of
medical oxygen gas to ensure its uninterrupted supply.