Business Monitor International


United Arab Emirates Medical Devices Report

Published 18 December 2013

  • 142 pages
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$1,295.00
United Arab Emirates Medical Devices Report

Espicom Industry View: The UAE is among the top 40 largest medical device markets in the world, and ranks fourth in the Middle East & Africa (MEA) region. Manufacturing capability is limited, therefore the market will continue to rely on imported medical devices. A changing epidemiological profile, a growing medical tourism industry, continuous healthcare infrastructure developments, an expanding health insurance and increasing health expenditure are factors contributing to market growth.

Headline Industry Forecasts

  • The medical device market is projected to expand at a 2013-2018 CAGR of 7.3%, which should see it grow from an estimated US$841.2mn in 2013 to around US$1,198.1mn in 2018. The orthopaedics & prosthetics product area is expected to record the highest 2013-2018 CAGR, whilst the diagnostic imaging product area is expected to register the lowest CAGR.

  • Medical device imports supply most of the market in value terms. Using collated monthly data in US dollar terms, medical device imports fell by 5.8% in the last 12 months to September 2013, to US$731.1mn. In comparison, imports recorded a 2007-2012 CAGR of 7.3% in US dollar terms, reaching US$746.9mn. The leading suppliers are Europe and the USA.

  • Medical device exports are deceptive. Using collated monthly data in US dollar terms, exports fell by 8.5% in the last 12 months to September 2013, to US$57.2mn. Key destinations include Malaysia and the UK.

  • Medical device production is estimated at over US$100mn. Production is limited to basic items, particularly various types of syringes, IV sets and other devices on the lower end of the technology scale.

Headline Risk Reward Ratings

  • The UAE is the third most attractive market in the Middle East and Africa (MEA) region in which to commercialise a medical device, according to BMI Espicom's Medical Device Risk Reward Ratings (RRRs). The country's overall score for Q214 is 60.0 out of 100 compared to a regional average of 49.5 for the 14 key markets...

Table of Contents

Espicom Industry View
7
Espicom Industry View
7
SWOT
9
Medical Device Market
9
Political
11
Economic
12
Business Environment
13
Industry Forecast
14
Medical Device Market Forecast
14
Past Performance 2008-2013
14
Future Performance 2013-2018
15
Table: Projected Medical Device Market, 2013-2018
16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
18
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$ Per Capita)
22
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% Of Total)
25
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$mn, % Change)
28
Consumables Market Forecast
31
Table: Consumables Market, 2008-2018 (US$mn)
31
Table: Consumables Market, 2008-2018 (US$ Per Capita)
32
Table: Consumables Market, 2009-2018 (US$mn % Change)
33
Diagnostic Imaging Market Forecast
35
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
36
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita)
37
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
38
Dental Products Market Forecast
40
Table: Dental Products Market, 2008-2018 (US$mn)
41
Table: Dental Products Market, 2008-2018 (US$ Per Capita)
41
Table: Dental Products Market, 2009-2018 (US$mn % Change)
42
Orthopaedics & Prosthetics Market Forecast
44
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
45
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$ Per Capita)
45
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
46
Patient Aids Market Forecast
47
Table: Patient Aids Market, 2008-2018 (US$mn)
48
Table: Patient Aids Market, 2008-2018 (US$ Per Capita)
48
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
49
Other Medical Devices Market Forecast
51
Table: Other Medical Devices Market, 2008-2018 (US$mn)
52
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita)
53
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
54
Annual Medical Device Imports
56
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)
59
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s, % Change)
60
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)
61
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)
62
Table: Medical Device Imports By Product Area, 2008-2012 (% Distribution)
64
Table: Leading Medical Device Suppliers By Product Area, 2012 (US$000s)
65
Table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution)
66
Table: Top 20 Medical Device Suppliers, 2012 (US$000s)
68
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)
69
Table: Detailed Medical Device Import Trends By Product Area, 2012
72
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s)
76
Monthly Medical Device Imports
79
Table: Monthly Medical Device Imports By Product Area, December 2010 - June 2013 (US$mn)
79
Annual Medical Device Exports
80
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)
83
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change)
84
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)
85
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)
86
Table: Medical Device Exports By Product Area, 2008-2012 (% Distribution)
87
Table: Leading Medical Device Destinations By Product Area, 2012 (US$000s)
89
Table: Leading Medical Device Destinations By Product Area, 2012 (% Distribution)
90
Table: Top 20 Medical Device Destinations, 2012 (US$000s)
92
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)
93
Table: Detailed Medical Device Export Trends By Product Area, 2012
96
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s)
100
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s)
103
Monthly Medical Device Exports
105
Table: Monthly Medical Device Exports By Product Area, December 2010 - June 2013 (US$mn)
106
Macroeconomic Forecasts
108
Fiscal Position Remains Solid
110
Industry Risk Reward Ratings
112
Industry Risk Reward Ratings
112
Table: Espicom Analysis Of The Medical Device Market, 2013
112
Market Overview
114
Medical Device Market Overview
114
Overview
114
Table: Medical Device Market, Key Ratios, 2013
114
The Market In 2013
115
Table: Medical Device Market By Product Area, 2013
115
Healthcare Overview
116
Healthcare System
116
Dubai's Healthcare System
117
Abu Dhabi's Healthcare System
120
Health Insurance
121
Healthcare Expenditure
122
Table: Key Data, 2008-2013
123
Industry Trends And Developments
126
Industry Trends & Developments
126
Regulatory Development
128
Medical Device Regulations
128
Medical Device Pricing & Reimbursement
129
Gulf Initiatives
129
Public Tenders
129
Competitive Landscape
130
Domestic Medical Device Production
130
National Medical Device Manufacturers
131
Multinational Medical Device Manufacturers
131
Multinational Market Activity
132
Table: Multinational Market Activity, 2013
132
Medical Device Market Access
133
Market Environment
133
Distribution
133
Trade Association
133
Trade Show
134
Methodology
135
Table: Used HS Trade Codes, 2013
136
Table: Rearranged HS Trade Codes, 2013
138

The United Arab Emirates Medical Devices Report features forecasts for medical devices production, imports, exports and healthcare expenditure by Espicom, a Business Monitor International company (BMI). These forecasts focus on Consumables, Diagnostic Imaging Apparatus, Dental Products, Orthopaedic and Prosthetic Devices and other medical devices.

The breakdown of domestic production, domestic manufacturing, individual trade associations and multinational activity in United Arab Emirates provides industry professionals, strategists, company executives, and analysts with independent forecasts and competitive intelligence on the United Arab Emirates medical devices industry.

Key Benefits

  • Benchmark Espicom’s Medical Devices expenditure forecasts, which take into account macroeconomic and industry-specific forecasts for United Arab Emirates, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in United Arab Emirates.
  • Target Business Opportunities in the United Arab Emirates medical devices market by using our assessments and projections for disease and demographic trends, regulatory developments, tax legislation and government subsidies, investment dynamics and domestic demand in United Arab Emirates.
  • Assess the activities and market position of your competitors via our assessments of domestic production, imports and exports, trade associations, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Covers geographic factors, political issues, and economic concerns, together with an overview of the country’s healthcare systems, health insurance regulations and health related projects which might have an impact on the country. These are presented in conjunction with estimates of health expenditure.

Market Developments

Provides analysis on the latest regulatory developments, key forecast indicators and major corporate developments, including production growth and government investment programmes.

Medical Market Analysis

Evaluates the market’s developments over the past year, comparing it with historical trends, and provides a forecast of future performance throughout our forecast period to end-2018. The report presents forecasts on the annual imports and exports for each of these sectors along with a monthly analysis of import and export trends and developments. There is also a detailed assessment of domestic production and domestic manufacturing, with a breakdown of individual trade associations, national and multinational manufacturers.

Medical Device Market Projections cover Market (US$mn), Per Capita (US$mn), (%) of total expenditure, and (%) change, for the below medical devices:

Consumables (US$mn): bandages and dressings, suturing materials, ostomy products, syringes, needles, and catheters.

Diagnostic Imaging (US$mn): electrodiagnostic, ultrasound, MRI, patient monitoring, CT scanners, X-ray apparatus, imaging parts and accessories.

Dental Products (US$mn): dental capital equipment, dental drills, dental chairs, dental X-rays, dental instruments and supplies, dental cements, teeth and other fittings.

Orthopaedic and prosthetic products (US$mn): fixation devices, artificial joints, and other artificial body parts.

Patient Aids (US$mn): portable aids, hearing aids, pacemakers, and therapeutic appliances.

Other medical devices (US$mn): wheelchairs, ophthalmic instruments, anaesthesia apparatus, dialysis apparatus, blood pressure monitors, endoscopy monitors, and hospital furniture.

Multinational Activity

Discusses the presence of multinational companies in the country, either via sales and distribution outlets, or through manufacturing facilities. ‘Domestic Manufacturing’ delineates the presence and activities of domestic medical device companies. Key company developments are incorporated, enabling a full evaluation of recent company performance and future growth prospects.

Accessing the Market

This section contains analysis of the overall market environment, distribution (including over 1,600 qualified sales agencies and distribution leads), import duties and taxes, procurement options (such as trade fairs, various expositions and procurement bodies), together with an explanation of the regulatory environment covering registration, labelling requirements and the use of second-hand equipment.

Directory

Contains details for Healthcare organisations, Professional Bodies, and Trade Associations, along with Trade Code Classifications.

Appendix – Statistical Tables

Extensive statistical tables provide historical data and forecasts from 2007-2018, identifying trends and changes in population, principle causes of death, public health expenditure, hospital data (including beds by type, discharge data, long stay patients by type), and hospital personnel.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc