Market Trends of UAE Patient Monitoring Equipment Industry
This section covers the major market trends shaping the UAE Patient Monitoring Equipment Market according to our research experts:
Hemodynamic Monitoring Devices Segment is Expected to Grow Fastest Over the Forecast Period
The key factors propelling the growth of this market are an increase in the number of critically ill geriatric cases, a rise in the prevalence of cardiac disorders and diabetes, increasing demand for home-based and non-invasive monitoring systems. According to the Global Health Data Exchange, there are around 455,632 new cases of cardiovascular diseases reported in UAE in the year 2019. The numbers have been increased from the past year(423,234). With the increasing prevalence of cardiovascular diseases and other chronic diseases in the United Arab Emirates, market growth also increases. Factors such as technological advancements in hemodynamic monitoring systems, increasing research into hemodynamic monitoring systems further boost the segment growth.
Moreover, according to the Global Health Data Exchange, there is rising cases of Diabetes observed in the United Arab Emirates which is also positively impacting the see overall market growth.