UAE Remote Patient Monitoring Devices Market to be Dominated by Diabetic Patients till 2027
Rise in awareness about preventive healthcare practices and high per capita healthcare expenditure is expected to drive the demand of UAE remote patient monitoring devices market in the forecast period, 2023-2027.
According to TechSci Research report, “UAE Remote Patient Monitoring Devices Market By Product (Special Monitors v/s Vital Sign Monitors), By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others), By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare), By Region, Competition Forecast & Opportunities, 2027”, the UAE remote patient monitoring devices market is expected to witness impressive growth in the forecast period, 2023-2027. Remote patient monitoring devices use technology to collect real-time health-related and medical data from the patients for illnesses such as cancer diabetes, which results in timely management of diseases.
Healthcare facilities are actively adopting next-generation technologies to revolutionize the quality of services offered to patients. Remote patient monitoring devices integrated with the internet of things technology have significantly improved the effectiveness and quality of care for patients and the elderly population to treat chronic illnesses.
Bluetooth connectivity, sensors, actuators, and other communication methods have allowed the patients to transfer the data to healthcare professionals via cloud-based platforms seamlessly. Also, the market players are making high-end investments for technological innovations and improving the service and accuracy of remote patient monitoring devices.
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The UAE remote patient monitoring devices market is segmented into product, application, end user, regional distribution, and company.
Based on product, the market is divided into special monitors and vital sign monitors. The special monitor segment is expected to hold the largest market share in the forecast period. A special monitor monitors the clinical data to identify symptoms pre-and post-surgery to prevent complications.
Diagnosis of illness at an early stage leads to effective treatment, which is one of the primary reasons for their high demand. Also, the integration of advanced features such as Wi-Fi connectivity in special monitors is expected to accelerate the market growth in the forecast period.
Based on application, the market is divided into diabetes, hypertension, cardiovascular diseases, weight management & fitness monitoring, and others. The diabetes segment is expected to dominate the market through the forecast period. Diabetes is one of the most prevalent diseases in the United Arab Emirates.
The number of people suffering from diabetes is rising at an alarming rate due to the adoption of a sedentary lifestyle and unhealthy eating habits. With the help of remote patient monitoring devices, patients can check their insulin levels by themselves and take appropriate steps to mitigate the risks.
Based on end user, the market is divided into hospital-based patients, ambulatory patients, and home healthcare. The hospital-based patients are expected to be the leading end-use segments. The hospital treats a large number of outpatients as well as inpatients. UAE Outpatient Healthcare Expenditure in 2020 was USD 7.41 Billion.
They offer a wide range of diagnostic tests and have large hospital staff to look after the patients. The hospitalized patients need to be continuously monitored, and therefore, it is essential to check the parameters of patients in real-time. The rise in the number of hospital facilities and the number of patients admitted to hospitals are expected to boost the demand for the UAE remote patient monitoring devices market through the forecast period.
Major market players operating in the UAE remote patient monitoring devices market are:
· Enpy UAE
· Mubadala Health UAE
· Medtronic Meta FZ-LLC
· Abbott Laboratories, S.A.
· Dexcom (UAE)
· Boston Scientific Corporation (UAE)
· Omron Healthcare (UAE)
· Philips Healthcare (UAE)
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“Market players are expected to invest in the integration of smart technologies with remote patient monitoring devices to meet the growing demands of patients for quality healthcare services. Dubai Healthcare Authority (DHA) announced its collaboration with Enpy, a local start-up for non-invasive medical devices and developing monitoring devices that can be connected with smart devices and measure vital signs. The government is actively promoting the use of remote patient monitoring devices to detect the early signs of diseases and provide better care to patients. Support from the government and the growing number of market players offering innovative products are expected to propel the UAE remote patient monitoring devices market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Remote Patient Monitoring Devices Market By Product (Special Monitors v/s Vital Sign Monitors), By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others), By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of UAE remote patient monitoring devices 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 remote patient monitoring devices market.
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