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Report
UAE Diagnostic Electrocardiograph Market By Product Type (Resting ECG Devices, Stress ECG Devices, Holter Monitors, Others), By Channel (12-Channel, 5-Channel, 3-Channel, 6-Channel, Single-Channel), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Cardiac Care Centers, Others), By Region, Competition Forecast & Opportunities, 2027
Market Report I 2023-02-01 I 76 Pages I TechSci Research
UAE diagnostic electrocardiograph market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of increasing instances of cardiovascular diseases in the country. The rising geriatric population and their susceptibility toward chronic diseases like heart attack, strokes, etc. are also major factors driving the growth of the UAE diagnostic electrocardiograph market in the upcoming five years. Growing investment in the healthcare industry and imports of technologically advanced medical devices are also responsible for the growth of the UAE diagnostic electrocardiograph market in the next five years.
Electrocardiogram or electrocardiograph are heart rate diagnostic and monitoring device that records surface potentials associated with the electrical activity of the heart. The device is connected to the patient through electrodes. Traditionally, the electrodes or the ends were attached to the four limbs, and advanced models of the device are attached to the heart. The device is non-invasive. Rhythmic contraction and expansion of the heart are analyzed through an electrograph and this method analyzes the heart condition and identifies the abnormalities in the heart. Heart blockages, inflammation in the cardiac muscles, and potential cancer cell development can be diagnosed through the diagnostic electrocardiograph.
Growing Disease Burden Drives Market Growth
Rapidly increasing instances of cardiovascular diseases among the population of the country are a major driving factor for the growth of the UAE diagnostic electrocardiograph market in the upcoming five years. Chronic diseases like heart attacks, strokes, arterial blockages, etc. are growing in the country. The sedentary lifestyle and poor eating & drinking habits have increased the risks of cardiovascular diseases in the population of the country. As of 2020, cardiovascular diseases contribute to 40% of mortalities in the country. Risk factors like abdominal obesity, dyslipidemia, hypertension, and diabetes are major factors increasing the instances of cardiovascular diseases and the risks of CVD among the young and adult population are rapidly increasing.
Moreover, the geriatric population is highly susceptible to cardiovascular diseases. Prolong history of carelessness in eating habits, and consumption of oily and fatty food has resulted in high cholesterol levels and heart blockage conditions among the population. Although half of the affected population in the country ages less than 50 years. Thus, the demand for early diagnosis to provide timely treatments is also driving the growth of the UAE diagnostic electrocardiograph market in the next five years.
Healthcare Industry Expansion Promises Market Growth
Investments in the healthcare sector have been rising in the recent decade. The growing economy of the country also benefits the population with rising incomes. Thus, the population is actively investing their hard-earned money into healthcare services. Recent pandemic conditions have further threatened the population to keep their considerable percentage of income for emergencies and invest in better healthcare services. In the year 2019, the United Arab Emirates spent over 4.2% of its GDP on the healthcare sector. Growing investment is supporting the growing healthcare infrastructure. Along with the population expenses, the government is investing in the industry actively.
Growing investments are also utilized for the imports of medical devices from neighboring countries. The government is also promoting local manufacturers to form a collaboration with the global market players and enforcing locally manufactured products to decrease imports thus making the healthcare service more affordable in the country. Advancing healthcare infrastructure & better patient care services are also inviting medical tourism thereby indirectly aiding the growth of the UAE diagnostic electrocardiograph market in the future five years.
Market Segmentation
The UAE diagnostic electrocardiograph market is segmented by product type, channel, end user, competitive landscape, and regional distribution. Based on product type, the market is further segmented into resting ECG devices, stress ECG devices, Holter monitors, and others. By channel, the market is fragmented into 12-channel, 5-channel, 3-channel, 6-channel, and single-channel. By end user, the market is bifurcated into hospitals & clinics, ambulatory surgical centers, cardiac 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.
Company Profile
Philips Healthcare UAE, Hill-Rom Middle East, Medigate Medical Equipment Trading L.L.C, Medical Rescue Developers, and Nihon Kohden Middle East FZE, among others are a partial list of major market players of the companies responsible for the growth of UAE diagnostic electrocardiograph market.
Report Scope:
In this report, UAE diagnostic electrocardiograph market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- UAE Diagnostic Electrocardiograph Market, By Product Type:
o Resting ECG Devices
o Stress ECG Devices
o Holter Monitors
o Others
- UAE Diagnostic Electrocardiograph Market, By Channel:
o 12-Channel
o 5-Channel
o 3-Channel
o 6-Channel
o Single-Channel
- UAE Diagnostic electrocardiograph Market, By End User:
o Hospitals & Clinics
o Ambulatory Surgical Centers
o Cardiac Care Centers
o Others
- UAE Diagnostic Electrocardiograph Market, By Region:
o Abu Dhabi
o Dubai
o Sharjah
o Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE diagnostic electrocardiograph 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).
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on UAE Diagnostic Electrocardiograph Market
4. Voice of Customer
5. Executive Summary
6. UAE Diagnostic Electrocardiograph Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Resting ECG Devices, Stress ECG Devices, Holter Monitors, Others)
6.2.2. By Channel (12-Channel, 5-Channel, 3-Channel, 6-Channel, Single-Channel)
6.2.3. By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Cardiac Care Centers, Others)
6.2.4. By Company (2021)
6.2.5. By Region
6.3. Product Market Map
7. Dubai Diagnostic Electrocardiograph Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Lead Type
7.2.3. By End User
8. Sharjah Diagnostic Electrocardiograph Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Lead Type
8.2.3. By End User
9. Abu Dhabi Diagnostic Electrocardiograph Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Lead Type
9.2.3. By End User
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. Import-Export Analysis
14. UAE Economic Profile
15. Competitive Landscape
15.1. Philips Healthcare UAE
15.2. Hill-Rom Middle East
15.3. Medigate Medical Equipment Trading L.L.C.
15.4. Medical Rescue Developers
15.5. Nihon Kohden Middle East FZE
16. Strategic Recommendations
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