Business Monitor International


United Arab Emirates Medical Devices Report

Published 23 April 2014

  • 142 pages
 
$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 8.7%, which should see it grow from an estimated US$0.8bn in 2013 to around US$1.3bn in 2018. Orthopaedics & prosthetics are expected to record the highest 2013-2018 CAGR, whilst patient aids are expected to register the lowest CAGR.

  • Medical device imports supply most of the market in value terms. Imports have declined by 0.6% in 2013, to nearly US$0.8bn, which is the country's second highest ever import level. Overall, imports have recorded a 2008-2013 CAGR of 6.6%, ranging from 3.0% for patient aids to 8.9% for dental products. The leading suppliers are Europe, the USA and China.

  • Medical device exports are deceptive, and the UAE is an important regional location for medical device re-exports. Exports fell to less than US$0.1bn in 2013 and recorded a low 2008-2013 CAGR of 2.7%, ranging from -16.7% for dental products to 30.8% for orthopaedics & prosthetics. Key destinations include Oman and Malaysia. The trade balance has an increasing deficit, valued at US$0.7bn in 2013.

  • Medical device production is estimated at over US$0.1bn. 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...

Table of Contents

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
2008-2013 Performance
14
2013-2018 Performance
15
Table: Projected Medical Device Market, 2013-2018
16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
17
Consumables Market Forecast
20
Bandages & Dressings
21
Suturing Materials
21
Syringes, Needles & Catheters
21
Other Consumables
21
Table: Consumables Market, 2008-2018 (US$mn)
22
Table: Consumables Market, 2009-2018 (US$mn % Change)
23
Diagnostic Imaging Market Forecast
24
Electrodiagnostic Apparatus
25
Radiation Apparatus
25
Imaging Parts & Accessories
25
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
26
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
27
Dental Products Market Forecast
28
Capital Equipment
29
Instruments & Supplies
29
Table: Dental Products Market, 2008-2018 (US$mn)
29
Table: Dental Products Market, 2009-2018 (US$mn % Change)
30
Orthopaedics & Prosthetics Market Forecast
31
Fixation Devices
32
Artificial Joints
32
Other Artificial Body Parts
32
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
32
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
33
Patient Aids Market Forecast
34
Portable Aids
34
Therapeutic Appliances
34
Table: Patient Aids Market, 2008-2018 (US$mn)
35
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
35
Other Medical Devices Market Forecast
37
Table: Other Medical Devices Market, 2008-2018 (US$mn)
37
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
39
Annual Medical Device Imports
40
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
43
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s % Change)
44
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
45
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
46
Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
49
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
50
Table: Detailed Medical Device Import Trends By Product Area, 2013
53
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)
57
Monthly Medical Device Imports
60
Table: Monthly Medical Device Imports By Product Area, June 2011 - December 2013 (US$mn)
60
Annual Medical Device Exports
62
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
64
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s % Change)
65
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
66
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s % Change)
67
Table: Top 20 Medical Device Destinations, 2013 (US$000s)
69
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
70
Table: Detailed Medical Device Export Trends By Product Area, 2013
74
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
78
Table: Detailed Medical Device Trade Balance, 2009-2013 (US$000s)
81
Monthly Medical Device Exports
83
Table: Monthly Medical Device Exports By Product Area, June 2011 - December 2013 (US$mn)
84
Macroeconomic Forecasts
86
Oil Sector To See Only Marginal Gains
87
Fiscal Position Remains Solid
88
Risks To Outlook
89
Table: Economic Activity (United Arab Emirates 2009-2018)
90
Table: GDP By Expenditure (United Arab Emirates 2011-2018)
90
Industry Risk Reward Ratings
92
Table: Middle East And Africa Medical Device Risk Reward Ratings, Q314
93
Market Overview
94
Medical Device Market Overview
94
Table: Medical Device Market, Key Ratios, 2013
95
Table: Medical Device Market By Product Area, 2013
95
Healthcare Overview
96
Health Status
96
Healthcare System
96
Public Healthcare Providers
98
Table: SEHA'S Network By Region, 2012
100
Private Healthcare Providers
101
Healthcare Funding
103
Healthcare Resources
105
Healthcare Activity
105
Healthcare Personnel
105
Key Healthcare Data
105
Table: Key Healthcare Data, 2008-2013
105
Industry Trends And Developments
108
Industry Trends & Developments
108
Regulatory Development
111
Medical Device Regulations
111
Medical Device Pricing & Reimbursement
112
Competitive Landscape
113
Domestic Medical Device Production
113
National Medical Device Manufacturers
114
Multinational Medical Device Manufacturers
114
Multinational Market Activity
115
Table: Multinational Market Activity, 2014
115
Medical Device Market Access
116
Market Environment
116
Distribution
116
Trade Association
116
Trade Shows
117
Methodology
118
Medical Device Market Methodology
118
Trade Code Classifications
119
Table: Used HS Trade Codes, 2014
119
Table: Rearranged HS Trade Codes, 2014
121
Risk/Reward Ratings Methodology
124
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
125
Sources
126
Contact
127

The United Arab Emirates Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a Business Monitor International (BMI) company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data 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 BMI's Medical Devices market 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 demographic trends, regulatory developments, investment dynamics and domestic demand in United Arab Emirates.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View
Provides industry, political and economic views. Briefly analyses the Medical Devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT
SWOT analyses of the Medical Devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts
Evaluates and analyses the Medical Devices market in terms of historical and forecast trends, covering six product areas and 40+ specific product categories. In addition, presents annual and monthly import and export trade data.

Product Areas:

  • Consumables: medical dressings, suturing materials, syringes, needles & catheters, blood-grouping reagents, first-aid boxes & kits, ostomy products and surgical gloves.
  • Diagnostic Imaging: electrocardiographs, ultrasound, MRI, scintigraphic apparatus, other electrodiagnostic apparatus (i.e. patient monitors), CT scanners, other X-ray apparatus, ABC ray apparatus, contrast media, X-ray film, X-ray tubes and other imaging parts & accessories.
  • Dental Products: dental drills, dental chairs, dental X-ray, dental cements, dental instruments and teeth & other fittings.
  • Orthopaedics & Prosthetics: fixation devices, artificial joints and other artificial body parts.
  • Patient Aids: hearing aids, pacemakers, other portable aids (i.e. stents), mechano-therapy apparatus and therapeutic respiration apparatus.
  • Other Medical Devices: wheelchairs, ophthalmic instruments, hospital furniture, medical/surgical sterilisers, UV/IF apparatus, blood pressure monitors, endoscopy monitors, dialysis apparatus, transfusion apparatus and anaesthesia apparatus.

Macroeconomic Forecasts
Presents macroeconomic forecasts impacting the Medical Devices market.

Industry Risk Rewards Rankings
Industry Risk Rewards Rankings (IRRR) tool, which provides a globally comparative and numerically based assessment of the Medical Devices market’s attractiveness.

Market Overview
Assesses the Medical Devices market in the current year. Additionally, covers healthcare intelligence affecting the market, including healthcare organisation, healthcare developments and health expenditure. Includes historical healthcare data, in terms of health status, health expenditure, health infrastructure, health services and health personnel.

Industry Trends & Developments
Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory Developments
Focuses on the latest regulatory developments, covering the competent authority, the latest regulations and marketing registrations. Also, reviews key pricing & reimbursement measures.

Competitive Landscape
Values historical Medical Devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

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