Market Overview

UAE In-Vitro Diagnostics Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 - ResearchAndMarkets.com

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The "UAE
In-Vitro Diagnostics Devices Market: Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023"
report has been
added to ResearchAndMarkets.com's offering.

The UAE in-vitro diagnostics (IVD) devices market was worth US$ 283
Million in 2017. The market is further projected to reach a value of
nearly US$ 501 Million by 2023, at a CAGR of 10% during 2018-2023.

In order to meet the needs of its growing population, the UAE Government
is rapidly investing in the expansion of its healthcare sector, in turn,
creating a huge demand for in-vitro diagnostics devices. The market is
also being supported by the exemption of tariffs on the imports of
medical devices.

Market Drivers

Due to the increasing cases of chronic diseases and growing geriatric
population, there has been a rise in the initiatives by health
authorities emphasizing preventive care through regular checkups, which
are promoting the sales of in-vitro diagnostics devices in the UAE.

On account of the rising awareness regarding health and wellness, and
growing trend of self-care among the people, there has been an increase
in the number of independent diagnostic laboratories which offer
affordable health packages.

Expanding and affordable healthcare has made the UAE an attractive
medical tourism destination in the GCC region. The subsequent
development and upgradation of healthcare facilities have created a
heightened demand for in-vitro diagnostic devices in the country.

Introduction of advanced in-vitro diagnosis technology is projected to
create positive growth prospects for the market as the medical community
in the country is focusing on providing patients with enhanced
diagnostic capabilities.

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 UAE In-Vitro Diagnostic Devices Market

6 Market Breakup by End-User

7 Market Breakup by Application

8 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/q2ds49/uae_invitro?w=4

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