The UAE remote patient monitoring
devices market is anticipated to grow at a robust CAGR during the forecast
period, 2023-2027. The growing old age population and the increasing prevalence
of chronic conditions are the primary factors driving the demand for UAE remote
patient monitoring devices market.
Also, the need to expand the access of the
healthcare system to a wider population and the advancements in the
telecommunication industry is the other prominent factors that are expected to
fuel the UAE remote patient monitoring devices market growth through the next
five years.
Surge in Prevalence of Chronic Diseases
Boosts the Market Growth
UAE has a strong healthcare
infrastructure, and the government is continuously making efforts to expand the
healthcare services to meet the evolving needs of the growing population. The
development of the healthcare sector is a priority sector in UAE Vision 2040,
and the government is making efforts and high-end investments in developing the
healthcare sector.
In 2019, the UAE healthcare expenditure as a % of GDP was
4.27%. The most common chronic diseases and disorders faced by the people of
Saudi Arabia are obesity, diabetes, cancer, and cardiovascular problems.
Chronic diseases can be monitored with the help of remote monitoring devices,
and the vital parameters can be known by patients with accuracy, which aids
them in making informed decisions.
The remote monitoring devices are used by
the hospital facilities for improved chronic disease management as well as to
identify the early symptoms of disease and monitor the progress report of the
patients to provide better care to patients. The advent of advanced remote
monitoring devices and the growing awareness among consumers about the benefits
of using these devices are expected to foster the UAE remote patient monitoring
devices market growth in the next five years.
Growing Popularity of Telemedicine
Services Supports the High Market Demand
The development of a strong
telecommunication sector and the proliferation of intelligent devices are
accelerating the demand for remote consultation services among patients. The
UAE healthcare information technology is expected to grow at an impressive rate
in the forecast period. The outbreak of COVID-19 bolstered the need for
telehealth services to reduce the spread of novel coronavirus and get effective
medication by consulting the top healthcare professionals without physically
visiting the healthcare facilities.
Market players are providing remote
healthcare services through different technology platforms. After taking the
consultations from healthcare professionals, patients can take care of
themselves with the help of remote patient monitoring devices. The Ministry of
Health has collaborated with Emirates Integrated Telecommunication Company PJSC
(“Du”) to improve the options and enhance the telehealth services.
It also
includes the services of virtual hospitals where healthcare professionals can
provide remote care services by using artificial technology and smart devices,
and monitoring services. The demand for telehealth and remote consultation
services among patients is expected to boost the UAE remote patient monitoring
devices market for the forecast period.
Rising Geriatric Population Fuels the
Market Demand
In 2020, the geriatric population as a %
of the total population in UAE was 1.26%. The older population is vulnerable
and is prone to several diseases. Geriatric populations look for affordable,
easy-to-deploy, and easy-to-use telehealth and remote patient monitoring
technology to take care of themselves.
The remote patient monitoring devices
help the elderly directly connect with their healthcare professionals on-demand
via voice or video services. It also enables the healthcare professionals to
collect data from the patients without needing to visit the healthcare
facilities. The high demand from the old age population is expected to propel
the UAE remote patient monitoring devices market growth in the next five years.
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Market Segmentation
The UAE remote patient monitoring
devices market is segmented into product, application,
end user, regional distribution,
and company.
Based on product, the market is divided into special monitors and
vital sign monitors.
Based on application, the market is divided into diabetes,
hypertension, cardiovascular diseases, weight management & fitness
monitoring, and others.
Based on end user, the market is divided into hospital-based
patients, ambulatory patients, and home healthcare.
To analyze the
market based on the region, the UAE remote patient monitoring devices market is
studied in major regions namely Dubai, Abu Dhabi, Sharjah, and Rest of the UAE.
Market Players
Enpy UAE, Mubadala Health UAE, Medtronic
Meta FZ-LLC, Abbott Laboratories, S.A., Dexcom (UAE), Boston Scientific
Corporation (UAE), Omron Healthcare (UAE), Philips Healthcare (UAE), are among
the major market players operating in the UAE remote patient monitoring devices
market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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·
Product
·
Application
·
End User
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Regional scope
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Dubai,
Abu Dhabi, Sharjah, Rest of UAE
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Key companies profiled
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Enpy UAE, Mubadala Health UAE, Medtronic Meta FZ-LLC, Abbott
Laboratories, S.A., Dexcom (UAE), Boston Scientific Corporation (UAE), Omron
Healthcare (UAE), Philips Healthcare (UAE)
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Customization scope
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10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
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Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
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Report Scope:
In this report, UAE remote patient
monitoring devices market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- UAE Remote Patient Monitoring Devices Market,
By Product Type:
- Special Monitors
- Vital Sign Monitors
- UAE Remote Patient Monitoring Devices Market, By Application:
- Diabetes
- Hypertension
- Cardiovascular Diseases
- Weight Management & Fitness
Monitoring
- Others
- UAE Remote Patient Monitoring Devices Market, By End User:
- Hospital Based Patients
- Ambulatory Patients
- Home Healthcare
- UAE Remote Patient
Monitoring Devices Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Rest of UAE
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in UAE remote patient monitoring
devices market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
UAE remote patient monitoring devices market
is an upcoming report to be released soon. If you wish an early delivery of
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