UAE Blood Warmer Devices Market May Flourish in the Forecast Period and Register an Impressive CAGR, During 2023-2027F, due to Increasing Demands for Medical Devices Majorly Rising from the End-use Sectors.
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Growing Instances Of Chronic Diseases Promises Market Growth
Rising instances of chronic diseases among the population of the UAE are anticipated to drive the growth of the UAE blood warmer devices market in the upcoming five years. The population of the country is rising owing to the increasing birth rate, lower mortality rate, better healthcare services along with the increasing immigrant population in the country. The rise in the demands for better healthcare for all along with the increasing instances of diseases like cardiovascular diseases, brain diseases, kidney failure, etc. further aid the growing cases of surgical approaches as a treatment for the same that aids the growth of the UAE blood warmer devices market in the next five years.In the year 2020, there were over 4000 new cases of cancer and the cases of breast cancer in the female population rapidly grew that surging the demand for the mastectomy leading to the growth in the number of surgeries and demand for blood bags to support those surgeries thereby aiding the growth of the UAE blood warmer devices market in the future five years. The increasing geriatric population is also one of the major factors. The geriatric population is highly susceptible to chronic diseases and infectious diseases thereby requiring blood transfusions thus substantiating the growth of the UAE blood warmer devices market in the forecast years through 2027.
Government Aids & Investments In Healthcare Industry Supports Market Growth
The government of the United Arab Emirates is actively supporting the growth of the healthcare industry in the country. In the year 2019, 4.27% of the country’s GDP was spent on healthcare services in the country. Also, the population in the country is highly investing in better healthcare & patient care services. Moreover, the government has various favorable schemes and tax incentives for the imports of technologically advanced medical devices since the research and development sector in the country lack resources and are itself underdevelopment, further leading to market growth. Investments in outpatient healthcare also aid in market growth. The growing construction of hospitals, clinics, and blood banks, along with the transfusion centers also substantiates the growth of the UAE blood warmer devices market in the forecast years. UAE outpatient healthcare expenditures in the year 2020 were USD 7.41 billion.Market Segmentation
The UAE blood warmer devices market is segmented by product, mobility, end user, competitional landscape, and regional distribution. Based on product, the market is fragmented into intravenous warming systems, surface warming systems, and patient warming accessories. Mobility, the market is differentiated between, stationary and mobile. Based on end users, the market is bifurcated into hospitals & clinics, blood banks, transfusion centers, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Dubai, Sharjah, Abu Dhabi, and the rest of UAE.Company Profile
Atlas Medical, LLC, 3M Medical UAE, Smith’s Medical International Ltd., Stryker ESCS BV, Becton, Dickinson, and Company, among others, is a partial list of major market players of the companies responsible for the growth of UAE Blood warmer devices market.Report Scope:
In this report, UAE Blood warmer devices market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:UAE Blood Warmer Devices Market, By Product:
- Intravenous Warming System
- Surface Warming System
- Patient Warming Accessories
UAE Blood Warmer Devices Market, By Mobility:
- Stationary
- Mobile
UAE Blood Warmer Devices Market, By End User:
- Hospitals & Clinics
- Blood Banks
- Transfusion Center
- Others
UAE Blood Warmer Devices Market, By Region:
- Dubai
- Sharjah
- Abu Dhabi
- Rest of UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE Blood warmer devices market.Available Customizations:
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Medical, LLC
- 3M Medical UAE
- Smith’s Medical International Ltd
- Stryker ESCS BV
- Becton, Dickinson, and Company