UAE Stent Market to Grow with Impressive CAGR until 2027

UAE Stent Market is anticipated to grow with growing conditions of heart blockage among the population, in the forecast period, 2023-2027F.

According to TechSci Research report on, “UAE Stent Market - By Region, Competition Forecast & Opportunities, 2027”, UAE stent market might register an impressive CAGR during the forecast period, 2023-2027, to establish growth due to factors like increasing demand for the medical devices owing to growing open heart surgeries. Increasing conditions of heart blockage, failure in urine pass etc. drives the growth of the UAE stent market in the upcoming five years.

The medical equipment is utilized to open a blood vessel that is usually blocked due to excessive accumulation of calcium, or fats and cholesterol. The stent is a mesh like tube that is inflated after insertion and expands inside, thereby opening the blockage.

Rapid technological advancement in the product leading to higher accuracy of the medical equipment and more reliability in the medical equipment further supported the growth of the UAE stent market in the next five years.

Increasing instances of cardiovascular diseases like heart attacks, strokes, etc. is also supporting the market growth. Growing demands for minimally invasive stents and other advancement also aids the growth of the UAE stent market in the future five years.

Expanding healthcare industry in the country, rapidly growing imports of medical; devices, growing penetration of the market by the global giants and government aid to the local manufacturers also substantiate the growth of the UAE stent market in the forecast years through 2027.

Increasing investment in the industry, product development with advanced technology, better patient care demands, and rising expenses on the healthcare services by the common population of the country is further aiding the growth of the UAE stent market in the forecast period.

 

 

 

 

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UAE Stent Market"

https://www.techsciresearch.com/report/uae-stent-market/9409.html

The UAE stent market is segmented by product type, material type, type, end user, competitional landscape, and regional distribution.

Based on product type, the market is differentiated between vascular stents and non-vascular stents. Vascular stents include coronary stents, peripheral stents, and neurovascular stents. Non vascular stents include gastrointestinal stents, urological stents, and pulmonary (airway) stents.

Vascular stents are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on grounds of increasing deaths due to cardiovascular diseases. Surge in the demand for the stent placement, and the open heart surgeries further drive the growth of the UAE stent market in the future five years. Coronary stents would also thus lead the sub-segment analysis too.

By material type, the market is distinguished between metal and polymer. Metal stents are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on account of advantages of metal stents such as lower rates of stent fracture, flexibility, and biocompatibility.

Furthermore, with recent technological advancements integration of metallic stents with biodegradable polymers to help with overcoming the limitations of the metal stents. Based on type, the market is further differentiated between balloon expandable and self-expandable.

By end user, the market is bifurcated between hospitals & clinics, ambulatory care centers, and others.

A partial list of major market players of the UAE stent market includes:

  • Medtronic Meta FZ-LLC
  • Boston Scientific Corporation UAE
  • Becton, Dickinson, and Company
  • CONMED Corporation UAE
  • Stryker ESCS BV
  • Abbott Laboratories S.A
  • B.Braun Medical Inc.

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“Healthcare industry in the United Arab Emirates is flourishing owing to the growing investment in the industry through government fund allotment as well as increased expenses over the medical devices, equipment, tools, along with the better healthcare products & services by the consumers. Growing demands for better healthcare facilities, advanced patient care for the citizens as well as immigrants of the countries also facilitates the industrial growth. The government also imports majority of the medical devices, equipment, tools, along with the other healthcare products from the neighboring countries and global giants penetrating the market. The globally active market players may enter the market in future since the market has wide scopes for future expansions. Through technological advancements and consistent research the market growth can further be aided thus ultimately supporting the new entrants toward their brand establishment in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

UAE Stent Market By Product Type (Vascular Stents {Coronary Stents, Peripheral Stents, Neurovascular Stents} v/s Non-Vascular Stents {Gastrointestinal Stents, Urological Stents, Pulmonary (Airway) Stents}), By Material Type (Metal v/s Polymer), By Type (Balloon Expandable v/s Self-Expandable), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, 2027 has evaluated the future growth potential of UAE stent market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE stent market.

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  • Marco Brown
    published this page in Submit Content 2022-11-13 22:11:45 -0800

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