UAE stent market is anticipated to
register growth with an impressive CAGR in the forecast period, 2023-2027, on
the account of increasing events of stent placement for the heart transplant
surgeries. Higher prevalence of cardiovascular diseases like heart attack,
stroke, etc. further drives the growth of the UAE stent market in the upcoming
five years. Growing research and technological advancement in the medical
devices like stents further support the growth of the UAE stent market in the
next five years.
A stent is a medical equipment in the
shape of a tiny tube that is placed in a hollow structure of the body. The body
structure may be an artery, vein, or ureter. Due to blockage in the arteries,
veins, or ureters, etc. the movement of the fluid be it blood or urine gets
restricted that causes various health hazard and severe conditions.
when placed near such blockage opens the passage such that the movement can be
facilitated, and further functioning of the organ can be regulated. A stent is
a metal or plastic mesh tube inserted into the lumen of an anatomic vessel or
duct to keep the passageway open, and stenting is the placement of a stent.
Growing Disease Burden Drives Market
Increasing instances of cardiovascular
diseases and increasing mortality rate due to the disease is rising and driving
the growth of the UAE stent market in the upcoming five years. The
cardiovascular diseases accounts for 40% of deaths in the country as recorded
in the year 2021.
Rapidly increasing geriatric population of the country along
with their susceptibility to cardiovascular diseases along with increasing
instances of high blood pressure, diabetes among the population is further
aiding the growth of the UAE stents market in the next five years.
The United Arab Emirates has one of the
highest age-standardized death rates for CVD, at 204 and 309 per 100,000
respectively for coronary artery disease (CAD) and diabetes that leads to
death. Moreover, the advanced technology and demands for minimally invasive
medical devices also aid the growth of the UAE stent market in the future five
According to the global health observatory, the United Arab Emirates has
the second-highest cardiovascular mortality rate, after Saudi Arabia in the MEA
region, higher than the rate found in Gulf Cooperation Council countries and
high-income countries such as Germany, the United States of America, and
Expanding Healthcare Industry Promises
Growing healthcare industry in the
country is a major factor driving the growth of the market. The United Arab
Emirates invests actively in importing the medical devices through the global
players penetrating the UAE healthcare industry. Also, the government is aiding
the local manufacturers with finances and tax incentive plans to collaborate
with the global players and manufacture the medical devices locally. This would
decrease the dependency over import and make healthcare more affordable in the
Investments in the research and product
development is slow in the industry. To support the research the government has
to invite global players and provide them the opportunity, since the resources
and feasible facilities are difficult to come by in the country. Rising
disposable income, growing investments and healthcare policies from the
government allowing the common population to invest in their health and benefit
from it for future, etc. also aids the growth of the UAE stent market in the
forecast years through 2027.
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The UAE stent
market is segmented by product type, material type, type, end user, competitional
landscape, and regional distribution.
on product type, the market is differentiated between vascular stents and
non-vascular stents. Vascular stents include coronary stents, peripheral
stents, and neurovascular stents. Non vascular stents include gastrointestinal
stents, urological stents, and pulmonary (airway) stents.
By material type, the
market is distinguished between metal and polymer.
Based on type, the market is
further differentiated between balloon expandable and self-expandable.
user, the market is bifurcated between hospitals & clinics, ambulatory care
centers, and others. The market analysis also studies the regional segmentation
to devise regional market segmentation, divided among Abu Dhabi, Dubai,
Sharjah, rest of UAE.
Medtronic Meta FZ-LLC, Boston Scientific
Corporation UAE, Becton, Dickinson, and Company, CONMED Corporation UAE, Stryker
ESCS BV, Abbott Laboratories S. A, B.Braun Medical Inc., among others is a partial list of
major market players of the companies responsible for the growth of UAE stent
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
forecast, company share, competitive landscape, growth factors, and trends
Abu Dhabi, Dubai, Sharjah, Rest of UAE.
Key companies profiled
Medtronic Meta FZ-LLC, Boston Scientific Corporation UAE,
Becton, Dickinson, and Company, CONMED Corporation UAE, Stryker ESCS BV,
Abbott Laboratories S.A, B.Braun Medical Inc.
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regional & segment scope.
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In this report, UAE stent market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- UAE Stent Market, By Product Type:
- Vascular Stents
- Coronary Stents
- Peripheral Stents
- Neurovascular Stents
- Non-Vascular Stents
- Gastrointestinal Stents
- Urological Stents
- Pulmonary (Airway) Stents
- UAE Stent Market, By Material Type:
- UAE Stent Market, By Type:
- Balloon Expandable
- UAE Stent Market, By End User:
- Hospitals & Clinics
- Ambulatory Care Centers
- UAE Stent Market, By Region:
o Abu Dhabi
o Rest of UAE
analysis of the major companies present in UAE stent market.
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customizations according to a company’s specific needs. The following
customization options are available for the report:
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- Detailed analysis and profiling of
additional market players (up to five).