Market Size of UAE Patient Monitoring Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 239.77 Million |
| Market Size (2029) | USD 324.36 Million |
| CAGR (2024 - 2029) | 6.23 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Patient Monitoring Equipment Market Analysis
The UAE Patient Monitoring Equipment Market size is estimated at USD 239.77 million in 2024, and is expected to reach USD 324.36 million by 2029, growing at a CAGR of 6.23% during the forecast period (2024-2029).
Some of the factors such as the rising burden of chronic diseases due to lifestyle changes, growth in the geriatric population, growing preference for home and remote monitoring, and ease of use and portability devices are propelling the market growth. Chronic diseases are the leading cause of death and disability in the United Arab Emirates. According to Institute for Health Metrics and Evaluation 2017, in the UAE the highest number of deaths was caused by cardiovascular diseases with around 7.35 million deaths reported in the year 2017. In addition, according to the same source mentioned above there around 13,736 cases of chronic obstructive pulmonary disease (COPD) in 2018. The numbers have been increased to 14,759 in 2019. Thus, the rising prevalence of chronic disorders will propel market growth.
Furthermore patient monitoring technologies identify small changes in the patient's physiological data, hence promoting self-monitoring. Thus, it reduces readmissions and prevents avoidable hospitalizations, decreases the number of unnecessary trips to the doctor's office and reduce travel-related expenses. On the short- and long-term basis, by the proper implementation, patient monitoring technologies can expand access to quality healthcare and save time and money.
