UAE Remote Patient Monitoring Devices Market to grow with a CAGR of 10.86%

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Remote Patient Monitoring Devices Market.

According to TechSci Research report, “UAE Remote Patient Monitoring Devices Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, UAE Remote Patient Monitoring Devices Market has valued at USD 0.15 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 10.86% 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.

 The focus on preventive healthcare is a significant driver for the demand for Remote Patient Monitoring (RPM) devices in the UAE market. Remote patient monitoring devices enable continuous monitoring of vital signs and health metrics. This proactive approach allows for the early detection of health issues before they escalate, supporting preventive healthcare by identifying potential risks or deviations from normal health parameters. Many remote patient monitoring devices are designed to manage chronic conditions. Preventive healthcare involves actively managing these conditions to prevent complications. RPM devices provide valuable data for healthcare providers to monitor and adjust treatment plans, contributing to the overall well-being of patients. The data collected through remote patient monitoring allows healthcare professionals to tailor interventions based on individual health profiles. This personalized approach supports preventive measures by addressing specific risk factors and health concerns unique to each patient.

Preventive healthcare often involves engaging patients in their own health management. Remote patient monitoring devices empower individuals to actively participate in monitoring their health, promoting a sense of responsibility and awareness of preventive measures. Beyond medical conditions, remote patient monitoring devices can track lifestyle factors such as physical activity, sleep patterns, and nutrition. This holistic approach to monitoring supports preventive healthcare by encouraging healthier lifestyle choices and identifying areas for improvement.

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In May 2022, Mubadala Health, a comprehensive healthcare network in Abu Dhabi, UAE, which includes prominent institutions like Cleveland Clinic Abu Dhabi, Healthpoint, and Imperial College London Diabetes Centre (ICLDC), is set to incorporate remote patient monitoring devices from BioIntelliSense Inc. into its long-term care strategy. The collaboration aims to leverage BioIntelliSense's BioSticker and BioButton wearable devices, coupled with algorithmic-based data services, to continuously monitor vital health metrics such as resting heart rate, respiratory rate, temperature, body position, activity level, sleep, and gait analysis. This initiative aligns with Mubadala Health's continuous care model, focusing on enhancing clinical workflow efficiencies, data-driven clinical insights, and delivering personalized care experiences. The BioCloud analytics and intelligent alerting system will enable remote monitoring of at-risk, long-term care patient populations, utilizing a centralized command centre to analyse data from BioIntelliSense's multi-parameter wearable devices. The introduction of continuous remote monitoring capabilities is expected to elevate the level of healthcare provided to patients in the UAE.

Cost and reimbursement models present challenges in the UAE Remote Patient Monitoring (RPM) Devices Market. Implementing and sustaining remote patient monitoring programs involves various costs, and the development of appropriate reimbursement models is crucial for the widespread adoption of these technologies. Deploying remote patient monitoring systems involves upfront costs, including the purchase of monitoring devices, software infrastructure, and integration with existing healthcare systems. These initial expenses can be a barrier, especially for smaller healthcare providers. The cost of remote patient monitoring devices, including wearable sensors and home monitoring equipment, contributes significantly to the overall expense. Ensuring affordability and cost-effectiveness of these devices is essential for both healthcare providers and patients. Establishing the necessary technology infrastructure for remote patient monitoring, including data storage, connectivity solutions, and secure platforms, incurs additional costs. Upgrading existing systems to support interoperability can be a complex and resource-intensive process.

UAE Remote Patient Monitoring Devices Market is segmented based on Product, Application, End User, and by region.  

Based on the Application, UAE Remote Patient Monitoring Devices Market is segmented into Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others. Weight management and fitness monitoring are integral components of health and wellness that involve tracking and managing physical activity, dietary habits, and overall well-being. In the context of digital health, various technologies and devices contribute to effective weight management and fitness monitoring. Digital scales provide accurate measurements of body weight. Some advanced digital scales also measure additional metrics such as body fat percentage, muscle mass, and water weight. Numerous mobile apps are designed for weight management. Users can log their daily food intake, track exercise routines, set weight loss goals, and receive personalized insights. Apps and devices focused on nutrition tracking help users monitor their caloric intake, nutritional content, and dietary patterns. Some apps provide guidance on maintaining a balanced diet.

Based on Region, Abu Dhabi region held the largest share in the UAE Remote Patient Monitoring Devices Market. Collaborations between local healthcare entities and technology providers may be more prevalent in Abu Dhabi, leading to increased adoption of remote patient monitoring devices. These collaborations could be driven by specific regional healthcare strategies. The level of awareness and education among healthcare professionals and the general population about the benefits of remote patient monitoring could contribute to its adoption. If there are targeted awareness campaigns or educational programs in Abu Dhabi, it may result in higher adoption rates. The economic strength of Abu Dhabi may contribute to greater investments in cutting-edge healthcare technologies. The ability to invest in and afford advanced medical solutions could be higher in regions with greater economic resources.

Some of the major companies operating in the UAE Remote Patient Monitoring Devices Market include:

• Enpy UAE
• Mubadala Health UAE
• Medtronic Meta FZ-LLC
• Abbott Laboratories, S.A.
• Dexcom (UAE)
• Boston Scientific Corporation (UAE)
• Omon Healthcare (UAE)
• Philips Healthcare (UAE)

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“Certain areas, particularly in Dubai, are projected to exert significant demand for Remote Patient Monitoring 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 Remote Patient Monitoring Devices Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

UAE Remote Patient Monitoring Devices Market by Product (Special Monitors, Vital Sign Monitors), By Application (Diabetes, Hypertension, Cardiovascular Diseases, Weight Management & Fitness Monitoring, Others), By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of UAE Remote Patient Monitoring 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 Remote Patient Monitoring Devices Market.

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