UAE Artificial Organs & Bionic Implants Market Size

UAE Artificial Organs & Bionic Implants Market Analysis

The UAE Artificial Organs and Bionic Implants Market is expected to witness a CAGR of 11.48% during the forecast period.

The COVID-19 pandemic impacted the studied market significantly. During the initial phase of the pandemic, due to the lockdowns and shutdowns, the number of organ transplants and surgeries decreased to avoid the contamination and spread of coronavirus. There was also a decreased in organ research and development-related activities related to artificial organs and bionic implants due to the shift of focus toward COvid-19 diagnostics and treatment. However, with resumed services and transplantation procedures, the studied market is expected to witness significant growth over the forecast period.

Certain factors propelling the market growth are the increased number of people suffering from organ failures, the rising incidents of motor accidents and injuries, and rapid technological advancements in the bionics sector. The rising number of chronic diseases among the population can lead to organ dysfunction due to lifestyle disorders such as unhealthy dietary habits, smoking, alcohol consumption, and lack of exercise, which is the key factor driving the market growth. For instance, an article published in Springer Nature in April 2021 stated that the pandemic level of obesity in the UAE was 28.8. The lifetime discounted direct costs associated with NASH and AF-NASH managed with SoC increased dramatically across all countries, amounting to USD 1.6 billion in UAE (local population) through 2030, reflecting the increasing country caseloads over the period. Thus, the increasing burden is expected to increase the demand for artificial organ and bionic implants in the country over the forecast period.

Additionally, a meta-analysis study published in the National Library of Medicine in December 2021 stated that the combined prevalence of hypertension was 31% in the UAE. In addition, as per the same source, the prevalence of hypertension was higher in Dubai (37%) than in the Abu Dhabi region (29%). Thus, the elevated blood pressure in the population causes the left ventricle to thicken, which increases the risk of heart attack and cardiac failure. This is expected to increase the demand for cardiac bionics, thereby boosting the market growth.

Furthermore, as per a news published in October 2021, the team at Cleveland Clinic Abu Dhabi performed two deceased donor kidney transplants and a deceased donor liver transplant in a single day. In addition, the team completed 10 of the complex transplant procedures in the first three weeks of October. Thus, the rising number of organ transplants in the country is expected to propel the demand for artificial organs and bionics during transplantation procedures, which, in turn, is anticipated to boost the market growth over the forecast period.

However, the expensive procedure, coupled with the fear of malfunction or failure of the device, is likely to impede the market growth over the forecast period.