United Arab Emirates (UAE) Healthcare (Pharma and Medical Devices) Market Analysis, Regulatory, Reimbursement and Competitive Landscape
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
UAE Healthcare Market Overview
The UAE pharmaceutical market size was $3.5 billion in 2020. The market is expected to grow at a CAGR of more than 7% during the forecast period. The UAE medical devices market size was $2.4 billion in 2021. The market is expected to grow at a CAGR of more than 3% during 2022-2027. The UAE pharmaceutical industry has considerable development potential for international drugmakers, as the second-largest economy among Arab countries, after Saudi Arabia. The trend in market preferences toward generic drugs and other medical products may influence the future trajectory of the UAE pharmaceuticals sector, as enterprises increasingly attempt to produce generics to keep up with current market dynamics.
UAE Pharmaceuticals Market Outlook, 2020-2027 ($ Billion)
To know more about the UAE pharmaceutical market forecast, download a free report sample
UAE Medical Devices Market Outlook, 2021-2027 ($ Billion)
To know more about the UAE medical devices market forecast, download a free report sample
The UAE Healthcare market research report provides the market overview, segments, import and export partners, as well as companies associated with the UAE pharmaceutical market.
Market size (2020) (Pharmaceuticals Market) | $3.5 billion |
CAGR (2021-2027) | 7% |
Forecast period | 2021-2027 |
Key Types (Pharmaceuticals Market) | Generics, Biologics, Biosimilars, and Over the Counter (OTC) |
Key Import Partners (Pharmaceuticals Market) | The US, Germany, France, Switzerland, and Ireland |
Key Export Partners (Pharmaceuticals Market) | Kuwait, Iraq, Bahrain, Lebanon, and Jordan |
Key Companies (Pharmaceuticals Market) | Johnson & Johnson (J&J), F. Hoffmann-La Roche Ltd. (Roche), Boehringer Ingelheim, Merck KGaA, and Gulf Pharmaceutical Industries-Julphar |
The report also provides the market details, types, and companies associated with the UAE medical devices market.
Market size (2021) (Medical Devices) | $2.4 billion |
CAGR (2022-2027) | >3% |
Forecast period | 2022 to 2027 |
Key types | Hospital Supplies, Orthopedic Devices, General Surgery, Cardiovascular Devices, and Neurology Devices |
Key companies | Abbott, B. Braun Melsungen AG (B. Braun), Zimmer Biomet Holdings Inc (Zimmer Biomet), Terumo, and Smith & Nephew |
UAE Pharmaceuticals Market - Key Highlights
In order to meet the demands of the projected population rise, the Dubai Health Authority (DHA) planned to improve the absorptive capacity of clinical services by 2030. This includes increasing the number of beds, operating theatres, and critical care units. Rapid economic, social, and demographic reforms including government-led projects, elimination of several infectious illnesses, easy access to high-quality healthcare facilities, decreased maternal mortality rates, and evidence-based therapies have resulted in higher life expectancy and relative prosperity. In 2020, the UAE cabinet adopted the National Policy on Vaccinations which is intended to boost the country’s position as a domestic and global healthcare hub through an integrated and trustworthy healthcare system, as well as guaranteed access to high-quality vaccination services in compliance with international safety principles.
UAE Pharmaceuticals Market - Import and Export Partners
The top import partners of the UAE are the US, Germany, France, Switzerland, and Ireland. The US accounts for the highest percentage in the import business. The top export partners of the UAE are Kuwait, Iraq, Bahrain, Lebanon, and Jordan.
UAE Pharmaceuticals Market by Segments
The key segments in the UAE pharmaceuticals market are generics, biologics, biosimilars, and over the counter (OTC).
UAE Pharmaceuticals Market – Competitive Landscape
Some of the key players in the UAE pharmaceuticals market are Johnson & Johnson (J&J), F. Hoffmann-La Roche Ltd. (Roche), Boehringer Ingelheim, Merck KGaA, and Gulf Pharmaceutical Industries-Julphar.
UAE Pharmaceuticals Market Analysis by Key Companies, 2020 (%)
To know more about key pharmaceutical companies, download a free report sample
UAE Medical Devices Market Dynamics
The UAE is robust in healthcare infrastructure. As a result, the medical device industry has made considerable progress and expansion. Hospitals and clinics in the UAE have top-notch medical instruments and equipment frequently purchased from prominent US corporations. The UAE has taken advantage of its connections with renowned firms to gain modern medical technologies during the COVID-19 pandemic.
UAE Medical Devices by Segments
The key segments in the medical devices market in the UAE are hospital supplies, orthopedic devices, general surgery, cardiovascular devices, and neurology devices. Hospital supplies has the highest share among them in the market.
UAE Medical Devices Market Analysis by Segments
To know more about segment insights into the UAE medical devices market, download a free report sample
UAE Medical Devices – Competitive Landscape
Some of the major players in the medical devices market in the UAE are Abbott, B. Braun Melsungen AG (B. Braun), Zimmer Biomet Holdings Inc (Zimmer Biomet), Terumo, and Smith & Nephew.
UAE Medical Devices Market Analysis by Companies, 2020 (%)
To know more about medical device companies, download a free report sample
Scope
This report provides:
- An overview of the pharmaceutical and medical device markets, comprising market size, segmentation, and key drivers and barriers.
- Profiles and SWOT analyses of the major players in the pharmaceutical market: Johnson & Johnson, Roche, Boehringer Ingehlheim, Merck, and Julphar.
- Profiles and SWOT analyses of the major players in the medical device market: Abbott, B Braun, Zimmer Biomet, Terumo, and Smith & Nephew.
- An insightful review of the COVID-19 epidemiology, COVID-19 impact and developments in healthcare market, HealthTech landscape, reimbursement and regulatory landscape, with analysis covering details of the country’s healthcare reimbursement process, regulatory agencies and the approval processes for new drugs and medical devices.
- Detailed analysis of the country’s healthcare policy highlights, demographics, healthcare infrastructure, and healthcare expenditure.
- An overview of the opportunities for and challenges to growth in the UAE’s healthcare market.
Reasons to Buy
- Develop business strategies by understanding the trends shaping and driving the UAE healthcare market.
- Drive revenues by understanding the key trends, reimbursement and regulatory policies, pharmaceutical market segments, and companies likely to impact the UAE healthcare market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing competitors’ performance.
- Organize your sales and marketing efforts by identifying the market categories and segments that present the most opportunities for consolidation, investment and strategic partnership.
Table of Contents
Table
Figures
Frequently asked questions
-
What is the UAE pharmaceuticals market size in 2020?
The UAE pharmaceuticals market size was valued at $3.5 billion in 2020.
-
What is the UAE pharmaceuticals market growth rate?
The pharmaceuticals market in the UAE is expected to grow at a CAGR of more than 7% during the forecast period.
-
What are the key segments in the UAE pharmaceuticals market?
The key segments in the pharmaceuticals market in the UAE are generics, biologics, biosimilars, and over the counter (OTC).
-
Who are the key import and export partners of the UAE pharmaceuticals market?
The key import partners of the UAE are the US, Germany, France, Switzerland, and Ireland. The key export partners of the UAE are Kuwait, Iraq, Bahrain, Lebanon, and Jordan.
-
Which are the key companies in the UAE pharmaceuticals market?
Some of the key players in the UAE pharmaceuticals market are Johnson & Johnson (J&J), F. Hoffmann-La Roche Ltd. (Roche), Boehringer Ingelheim, Merck KGaA, and Gulf Pharmaceutical Industries-Julphar.
-
What is the UAE medical devices market size in 2021?
The UAE medical devices market size was valued at $2.4 billion in 2021.
-
What is the UAE medical devices market growth rate?
The UAE medical devices market is expected to grow at a CAGR of more than 3% from 2022-2027.
-
What are the key segments in the medical devices market of the UAE?
The key segments in the medical devices market of UAE are hospital supplies, orthopedic devices, general surgery, cardiovascular devices, and neurology devices.
-
Which are the key companies in the medical devices market of the UAE?
Some of the major players in the medical devices market of the UAE are Abbott, B. Braun Melsungen AG (B. Braun), Zimmer Biomet Holdings Inc (Zimmer Biomet), Terumo, and Smith & Nephew.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.