Market Trends of UAE Artificial Organs & Bionic Implants Industry
Artificial Kidney Segment is Expected to Have a Highest Growth Rate in the UAE Artificial Organs and Bionic Implants Market Over the Forecast Period
The artificial kidney segment is expected to witness significant growth in the artificial organs and bionic implants market over the forecast period owing to the factors such as the rising prevalence of renal failures as well as increasing chronic diseases such as diabetes that lead to kidney disease. A wearable artificial kidney is a wearable dialysis machine. An individual with end-stage renal disease may use a wearable artificial kidney on a daily or even a continuous basis. The increasing incidence and prevalence of renal failures in India are expected to drive segment growth.
Kidney failure or dysfunction has become a burden in the country recently. For instance, an article published in the National Library of Medicine in February 2021, stated that it has been observed that renal impairment in COVID-19 individuals ranged from mild to severe. In addition, as per the same source, the most prevalent underlying conditions linked with moderate-to-severe renal function impairment among COVID-19 patients were diabetes mellitus and hypertension.
Additionally, according to the 2022 statistics published by the International Diabetes Federation Diabetes Atlas 10thedition of 2021, in the United Arab Emirates, 990.9 thousand people were living with diabetes, in 2021. In addition, as per the same source, this number is projected to reach 1,177.5 thousand by 2030. Thus, the high blood sugar from diabetes can damage blood vessels in the kidney as well as nephrons leading to kidney disease and kidney failure. This is expected to increase the demand for organ transplantation which in turn is anticipated to propel the market growth over the forecast period.
Therefore, owing to the aforesaid factors the segment is expected to witness growth over the forecast period.
Orthopedic Bionic Segment is Expected to Have Significant Share in the UAE Artificial Organs and Bionic Implants Market Over the Forecast Period
Some of the related disorders prevalent in the country are flat feet, osteoarthritis, rickets, arthritis, rheumatoid arthritis, osteoporosis, shin splints, gout, etc. The growing burden of orthopedic diseases due to the increasing geriatric population and the adoption of key strategies are expected to drive the segmental market. The study published in the National Library of Medicine in March 2021 stated that the prevalence of knee osteoarthritis was 56.6% in the UAE, which is significantly high. Thus, due to the high prevalence of orthopedic diseases, there is an increasing demand for early diagnosis, thus driving the market. Similarly, according to the study published in the National Library of Medicine in August 2021, the prevalence of limb-girdle muscular dystrophies (LGMD) was 19.64% among the UAE people. For an effective diagnosis of LGMD, there is a need for diagnostic imaging in the country, hence the high prevalence of the disease will drive the market.
Furthermore, initiatives such as launching new facilities are another factor in market growth. For instance, in February 2022, Gargash Hospital launched its facilities equipped with the CORI Robotics Surgical System, one of the most advanced and efficient, real-intelligence hand-held robotics solutions for joint replacement surgeries. Thus, the increasing prevalence of orthopedic disorders coupled with the initiatives by the government and market players are expected to increase segmental growth over the forecast period.
