UAE Foot & Ankle Devices Market to grow with a CAGR of 6.84%
Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Foot & Ankle Devices Market.
According to TechSci Research report, “UAE
Foot & Ankle Devices Market
Industry Size, Share, Trends, Competition,
Opportunity and Forecast, 2018-2028”,
UAE Foot & Ankle Devices Market has valued at USD 46.03 million in 2022 and
is anticipated to witness an impressive growth in the forecast period with a
CAGR of 6.84% through 2028. This
can be due to collaborations and partnerships among leading companies with a
diverse approach to merge the expertise of individual companies and to
strengthen their position.
Technological advancements in foot and
ankle devices have significantly improved the diagnosis, treatment, and overall
patient outcomes in orthopedic care. Minimally
invasive arthroscopic procedures enable surgeons to diagnose and treat various
foot and ankle conditions using small incisions, reducing recovery time and
postoperative pain. Advanced endoscopic techniques provide visualization and
treatment options for soft tissue and joint disorders with minimal disruption
to surrounding tissues. 3D printing allows the creation of patient-specific
implants tailored to an individual's anatomy. Custom implants enhance the fit
and function of prosthetics and orthopedic devices, leading to improved
outcomes. Robotic-assisted
surgery aids orthopedic surgeons in performing precise and controlled
procedures. This technology enhances accuracy during joint replacements and
other complex surgeries, contributing to faster recovery times.
Implants embedded with sensors and smart
technologies can monitor parameters such as load distribution and joint
movement. This information aids in postoperative rehabilitation and allows for
personalized patient care. Wearable technology, such as smart braces and
orthopedic shoes, can provide real-time data on a patient's movement and gait,
facilitating continuous monitoring and adjustment of treatment plans.
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In December 2022, The
University Hospital Sharjah's Department of Orthopaedics has unveiled the
incorporation of cutting-edge technologies for endoscopic orthopedic surgeries.
The hospital now offers one-day endoscopic procedures in operating rooms
accredited by the American Joint Commission. This initiative aligns with the
health strategies of the Emirate of Sharjah and the broader country by
enhancing the efficiency of hospital admissions for a greater number of cases.
Additionally, it contributes to cost-effectiveness without compromising
healthcare quality, fostering collaborative partnerships with insurance
companies in both the Emirate of Sharjah and the United Arab Emirates.
Market
access and distribution pose challenges in the UAE Foot & Ankle Devices
Market, influenced by various factors specific to the region. Import
and export regulations, including customs procedures, can impact the flow of
medical devices into and within the UAE. Understanding and complying with these
regulations are critical for a smooth distribution process. The distribution
landscape in the UAE may involve multiple stakeholders, including distributors,
wholesalers, and retailers. Establishing an efficient distribution network and
managing relationships with local partners are key challenges. Cultural nuances
and language differences can influence business relationships. Building trust
and effective communication with local distributors and stakeholders requires
cultural sensitivity and understanding. The effectiveness of the logistics and
transportation infrastructure plays a vital role in the distribution of medical
devices. Efficient transportation systems are necessary to ensure timely
delivery to healthcare facilities across the UAE. The UAE comprises several
emirates, each with distinct healthcare infrastructures. Ensuring comprehensive
coverage and distribution to diverse geographic areas requires strategic
planning and coordination.
UAE Foot & Ankle Devices
Market is segmented based on Product Type, Procedure, Application, End User, and
by region.
Based on the Application,
UAE Foot
& Ankle Devices Market is segmented into Trauma & Hair line Fractures,
Rheumatoid Arthritis & Osteoarthritis, Diabetic Foot Diseases, Ligament
Injuries, and Others. Diabetic foot diseases refer to a group of complications
that can affect the feet of individuals with diabetes. Diabetes mellitus is a
chronic metabolic condition characterized by elevated blood glucose levels, and
over time, it can lead to various complications, including those affecting the
feet. Diabetic foot diseases can range from mild to severe, and they are a
significant cause of morbidity and disability in people with diabetes. Peripheral neuropathy is
a common complication of diabetes that affects the nerves in the feet. It can
lead to numbness, tingling, or loss of sensation in the feet. Reduced sensation
makes individuals with diabetes more susceptible to injuries and less aware of
pressure, temperature, and pain. Diabetes can contribute to the development of
peripheral arterial disease, which involves reduced blood flow to the lower
extremities. Poor circulation can lead to slow wound healing, increased risk of
infections, and difficulty in managing foot conditions.
Based on Region, Abu Dhabi region held the largest share
in the UAE Foot
& Ankle Devices Market.
Economic factors, such as higher
income levels or greater healthcare spending in the Abu Dhabi region, can
contribute to a more significant market for foot and ankle devices. The
government in the Abu Dhabi region has implemented specific initiatives or
policies to promote healthcare, attract medical professionals, or encourage the
development of medical technologies. It could lead to the dominance of the
region in the market. Abu Dhabi is a hub for medical tourism, drawing patients
from other parts of the UAE or internationally for foot and ankle treatments,
this could contribute to the region's dominance in the market.
Some of the major companies operating in
the UAE Foot
& Ankle Devices Market include:
- Johnson
& Johnson
- Stryker
Corporation UAE
- Zimmer
Biomet UAE
- Arthrex
UAE
- CONMED
Corporation UAE
- Orthofix
Medical UAE
- Ottobock
UAE
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“Certain areas,
particularly in Dubai, are projected to exert significant demand for Foot &
Ankle Devices. The growth in the competitive landscape and the presence of
well-established companies in the market, committed to enhance the overall
wellbeing of people each year, are expected to contribute to a remarkable
growth of the UAE Foot & Ankle Devices Market in the
forecast period," said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based Global management consulting firm.
UAE Foot & Ankle Devices
Market by Product Type (Fixation Devices, Soft Tissue Orthopedic Devices,
Bracing & Support Devices, Prostheses), By Procedure (Osteotomy, Fracture
Repair, Fusion Procedures, Others), By Application (Trauma & Hair line
Fractures, Rheumatoid Arthritis & Osteoarthritis, Diabetic Foot Diseases,
Ligament Injuries, Others), By End User (Hospitals, Ambulatory Surgery Centers,
Orthopedic Clinics, Rehabilitation Centers), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of UAE
Foot & Ankle Devices Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
innovative 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 Foot &
Ankle Devices Market.
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