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The UAE General Surgical Devices Market is expected to grow at a CAGR of 6.2% over the forecast period.
The ongoing COVID-19 pandemic impacted the market significantly. The market was impacted adversely during the initial phase of the pandemic due to the lockdowns and shutdowns. However, the United Arab Emirates (UAE) government continued normal operations in the healthcare system following proper regulations and restrictions. This created opportunities for various surgical procedures. Additionally, due to the increasing number of hospital admissions and increasing cases of obesity in the country, bariatric surgeries were allowed in the UAE. For instance, a retrospective study was conducted in the UAE during the initial phase of the pandemic and the study results were published as “Resuming Bariatric Surgery Procedures During COVID-19 Pandemic: Early Surgical Outcomes at a Tertiary Referral Center in the Middle East” in June 2022. As per the study, bariatric procedures in the country continued even during the peak phase of the pandemic. Observing the UAE government regulations, most healthcare settings were selected as COVID-19-free facilities to perform such surgeries. Thus, these ongoing surgeries during the pandemic are anticipated to have created a demand for general surgical devices used for bariatric surgeries. Therefore, the pandemic is expected to considerably impact the market under study.
Factors such as the growing preference for minimally invasive surgeries, the increasing prevalence of injuries and accidents, and increasing healthcare expenditure in the country are expected to garner the market's growth over the forecast period.
Road traffic accidents and injuries among the target population in the country have been increasing recently. This is increasing hospital admissions as well as the demand for general surgery. As per the article by Salam Al Amir published in December 2021 in The National, Dubai reported a 20% increase in traffic fatalities in the year 2021. Additionally, according to RoadSafetyUAE data updated in June 2022, the number of road traffic fatalities in the UAE increased to 3.81 fatalities per 100,000 inhabitants in 2021 from 3.58 fatalities per 100,000 inhabitants in 2020. Thus, the increasing burden of road traffic fatalities and injuries demands emergency general surgery. This is further anticipated to drive the demand for surgical devices used in general surgery. Hence, it is expected to fuel market growth.
Additionally, the country is advancing its surgical facilities by developing new and advanced surgical centers. These surgical centers focus on occupying technically advanced surgical and medical devices for patient treatment. For instance, in August 2022, a new outpatient building at Dubai Hospital was inaugurated, which includes 128 specialized clinics equipped with the latest technology, and the center was built with an investment of USD 48 million. In addition, in May 2022, Aster Hospitals UAE opened its first full-fledged oncology section at its branch in Al Qusais, Dubai in response to a significant increase in demand for cancer screenings and treatment. The new center provides specialized cancer care with a focus on interdisciplinary treatment, and it will first concentrate on surgical and medical oncology. Thus, such developments and advancements in hospital end users create new opportunities for surgical devices in the country. Moreover, the growing burden of diseases requiring surgeries, the adoption of minimally invasive surgeries, increasing healthcare expenditure, and technological advancements are several other factors that are driving the studied market growth in the UAE.
Therefore, owing to the abovementioned factors, the market under study is expected to witness growth. However, stringent regulation and reimbursement issues associated with the devices are expected to hinder the market's growth during the analysis period.
Scope of the report
As per the scope of this report, surgical devices serve a specific purpose during surgery. Typically, surgical devices have generic use, while some specific tools are designed for particular procedures or surgeries. The UAE General Surgical Devices Market is segmented by Product (Handheld Devices, Laparoscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices and Other Products) and Application (Cardiology, Orthopedic, Neurology, Gynecology and Urology and Other Applications). The report offers the value (in USD million) for the above segments.
|Electro Surgical Devices|
|Wound Closure Devices|
|Trocars and Access Devices|
|Gynecology and Urology|
Key Market Trends
Cardiology Segment is Anticipated to Witness Growth Over the Forecast Period
The demand for cardiology or cardiovascular surgeries is increasing in the country owing to the increasing cases of various heart diseases among the target population in the country. Additionally, the increasing adoption of minimally invasive heart surgeries in the UAE is another factor driving the growth of the segment.
Cardiovascular disease (CVD) is the major cause of mortality globally as well as in the UAE. As per the article “Population Awareness of Cardiovascular Disease Risk Factors and Health Care Seeking Behavior in the UAE” published in December 2021, when the study was conducted among several UAE residents, 57% mentioned that they do not involve vigorous activity, 66% frequently or consistently indulge in fast food, 65% take fried food as a main course, and 75% reported poor or fair practice considering CVD. These are major risk factors for CVD. In addition, as per the source mentioned above, the UAE has the second-highest cardiovascular mortality rate, after Saudi Arabia, and is higher than the rate found in Gulf Cooperation Council (GCC) countries.
Additionally, according to a survey result published in “Gulf Insider” in September 2021, over half of UAE citizens have experienced heart disease at some point in their lives. More than a thousand UAE citizens participated in the study, and the results showed that 55% of those polled either had heart illness (12%), had a close friend or relative afflicted with the disease (53%), or experienced both. This burden of CVD among the target population in the country is anticipated to drive demand for heart surgeries, creating demand for surgical devices used for the same. Thereby, driving the segment’s growth over the forecast period.
Therefore, owing to the aforementioned factors, the segment is anticipated to witness growth over the forecast period.
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The UAE General Surgical Devices Market is competitive and consists of several market players. These players are focusing on research and development to form stable and safe devices for surgical procedures. The market has been noticing technological developments on a large scale for the past decade. Some market players are Medtronic, Smith+Nephew, and 3M, amongst others.
B. Braun SE
Smith + Nephew
- In March 2022, Emitac Healthcare Solutions partnered with a host of global companies as part of its commitment to bring cutting-edge medical and healthcare solutions to the UAE and other Middle East countries. The new partnerships signed at Arab Health in Dubai span distribution rights for surgical instruments, nursing beds, cancer treatment, and diagnostic solutions, among others.
- In February 2022, CareTech Holdings PLC acquired two businesses in the United Arab Emirates, known as Wellness Group and Dmetco-Bayti Group. Abu-Dhabi-based Wellness provides physical health consultations and surgical services, in which CareTech has picked up a 51% interest in the company, and will pay GBP 8.1 million in cash upfront, with a deferred consideration of GBP 3.9 million.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Minimally Invasive Devices
4.2.2 Growing Cases of Injuries and Accidents
4.2.3 Increasing Healthcare Expenditures in Emerging Economies
4.3 Market Restraints
4.3.1 Stringent Government Regulations
4.3.2 Improper Reimbursement for Surgical Devices
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Product
5.1.1 Handheld Devices
5.1.2 Laproscopic Devices
5.1.3 Electro Surgical Devices
5.1.4 Wound Closure Devices
5.1.5 Trocars and Access Devices
5.1.6 Other Products
5.2 By Application
5.2.4 Gynecology and Urology
5.2.5 Other Applications
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Company Profiles
6.1.1 B. Braun SE
6.1.2 Johnson & Johnson
6.1.4 Corel Pharma Chem.
6.1.7 Getinge AB
6.1.8 Smith + Nephew
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Frequently Asked Questions
What is the study period of this market?
The UAE General Surgical Devices Market market is studied from 2019 - 2027.
What is the growth rate of UAE General Surgical Devices Market?
The UAE General Surgical Devices Market is growing at a CAGR of 6.2% over the next 5 years.
Who are the key players in UAE General Surgical Devices Market?
Medtronic, Stryker, B. Braun SE, Olympus, Smith + Nephew are the major companies operating in UAE General Surgical Devices Market.