UAE ECG Equipments Market Analysis

UAE ECG Equipments Market Analysis

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The UAE ECG Equipment Market is expected to witness growth from $45 Mn in 2022 to $84 Mn in 2030 with a CAGR of 8.30% for the forecasted year 2022-2030. One of the major reasons propelling the expansion of the ECG equipment market is the rising prevalence of cardiac diseases in the United Arab Emirates. The market is segmented by product type and by the end user. Some key players in this market include Winray, Mena Medical Supplies, Johnson & Johnson, Philipps Healthcare, Medtronic, DSM N.V., Roche and Dexcom.

ID: IN10AEMD008 CATEGORY: Medical Devices GEOGRAPHY: UAE AUTHOR: Jigyasu Bhandari

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UAE ECG Equipment Healthcare Market Executive Analysis

The UAE ECG Equipment Market size is around $45 Mn in 2022 and is projected to reach $84 Mn in 2030, exhibiting a CAGR of 8.30% during the forecast period. In the federal budget for 2022–2026, the UAE government has set aside $1.33 Bn (8.4% of the total budget) for healthcare and community security. About 3.5% of the UAE's GDP is spent on healthcare, with roughly 70% coming from state spending and only 30% coming from the private sector.

In the UAE, the age-standardized death rate from CVD was 281.5 per 100,000 people, higher than the global norm of 235 per 100,000 people. A non-invasive diagnostic instrument known as an Electrocardiogram (ECG) is frequently used to identify and track a variety of cardiac conditions. An ECG generates a visual depiction of the heart's rhythm and function by measuring the electrical activity of the heart. Arrhythmias, heart attacks, and heart failure are just a few of the cardiac illnesses that can be diagnosed using an ECG. An ECG analyses the electrical activity of the heart to find damage or blockages in the heart's arteries as well as irregular heartbeats and other rhythm anomalies. The efficacy of treatments for cardiac diseases is monitored using ECG. Clinicians can determine whether the treatment is effective and make changes as needed by comparing ECG results obtained before and after the procedure. A cardiac illness risk assessment using ECG is possible. For instance, people with a family history of cardiac disease might be recommended to get an ECG to determine how likely they are to get the disease themselves.

UAE ECG Equipment Market Analysis

Market Dynamics

Market Growth Drivers

In the UAE, the market for ECG equipment is expanding as a result of the rising demand for residential healthcare services. For home healthcare providers to provide patients with high-quality treatment in their homes, portable, user-friendly ECG equipment is a necessity. One of the major reasons propelling the expansion of the ECG equipment market is the rising prevalence of cardiac diseases in the United Arab Emirates. There is a growing need for ECG equipment to identify and monitor these conditions as the incidence of cardiac diseases in the area rises. To lower the prevalence of cardiac diseases, the UAE government is actively promoting preventive healthcare measures and spending significantly on the infrastructure of the healthcare system. As healthcare providers look to update their facilities with the newest ECG equipment, this is fueling the development of the market for ECG equipment.

Market Restraints

There are numerous local and international players operating in the fiercely competitive UAE ECG equipment market. As a result, new players may have a harder time capturing market share, and established players may find it difficult to hold onto their place. ECG technology is fairly expensive, which may have a significant negative impact on the market expansion. Many medical professionals in the UAE might not be able to purchase the most up-to-date ECG equipment, which could hamper their ability to offer high-quality care.

Competitive Landscape

Key Players

  • Winray (UAE)
  • Mena Medical Supplies (UAE)
  • Johnson & Johnson
  • DarioHealth
  • Medtronic
  • Philipps Healthcare
  • Dexcom

Recent Notable Deals

2022: In order to provide cutting-edge ECG and other medical tools to Abu Dhabi hospitals and clinics, GE Healthcare teamed up with the Abu Dhabi Health Services Company (SEHA) in 2022.

2021: In order to provide ECG machines and other medical equipment to UEMedical's hospitals and clinics in Abu Dhabi, Mindray and UEMedical entered into a strategic partnership deal in 2021.

Healthcare Policies and Regulatory Landscape

The UAE has a well-established healthcare system with rules and guidelines in place to guarantee the reliability and safety of ECG devices. The Ministry of Health and Prevention (MOHAP), which regulates the registration, importation, and distribution of ECG equipment in the UAE, is in charge of the regulatory framework for these products. Before being distributed in the UAE market, ECG equipment must be registered with the MOHAP. Giving specific information about the device, such as its technical specs, clinical data, and manufacturing processes, is required as part of the registration process. The MOHAP must issue the importers with the required permits and licences before ECG equipment can be brought into the UAE through designated routes. For ECG equipment, the MOHAP has set rigid quality and safety standards. To guarantee that medical devices are both safe and effective for patients, these standards encompass a variety of device design, manufacturing, and performance aspects.

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

ECG Equipment Market Segmentation

By Product Type (Revenue, USD Billion):

  • Holter Monitors
  • Resting ECG Machines
  • Stress ECG Machines
  • Event Monitoring Systems
  • ECG Management Systems
  • Cardiopulmonary Stress Testing Systems

By End User (Revenue, USD Billion):

  • Hospitals and Clinics
  • Diagnostic Centres
  • Ambulatory Services
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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The market is segmented by type and by the end user.

The UAE ECG Equipment Market is studied from 2022-2030.

Mena Medical Supplies, Johnson & Johnson, Philipps Healthcare, Medtronic, DSM N.V., Roche and Dexcom are the major companies operating in the UAE ECG Equipment market.

This report addresses

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  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
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Last updated on: 24 April 2023
Updated by: Shivam Zalke

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