Press Release

UAE Homecare Medical Equipment Market to grow with a CAGR of 8.84%

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Homecare Medical Equipment Market.


According to TechSci Research report, “UAE Homecare Medical Equipment Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, UAE Homecare Medical Equipment Market has valued at USD 1.76 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 8.84% 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 in the market.

The aging population is a significant driver of the demand for Homecare Medical Equipment. With aging, individuals are more susceptible to chronic health conditions such as diabetes, cardiovascular diseases, and respiratory disorders. Homecare medical equipment becomes essential for the management and monitoring of these conditions in the comfort of one's home. Homecare medical equipment allows the aging population to maintain a level of independence and autonomy. Devices such as mobility aids, home safety equipment, and assistive technologies enable seniors to perform daily activities without excessive reliance on external assistance. Older individuals often prefer the familiar and comfortable environment of their homes. Home-based care using medical equipment allows them to receive necessary healthcare services without the need for frequent hospital visits.

Many seniors express a strong desire to age in place, meaning they prefer to live in their own homes rather than moving to assisted living facilities or nursing homes. Homecare medical equipment supports this preference by providing tools and devices that facilitate independent living. The aging population puts increased pressure on healthcare facilities. Homecare medical equipment helps in alleviating this burden by enabling seniors to manage certain aspects of their health at home, reducing the need for hospital admissions and freeing up healthcare resources.


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In October 2022, the Ministry of Industry and Advanced Technology (MoIAT) announced the signing of two memoranda of understanding (MoU) totalling Dh260 million ($70.8 million) with leading pharmaceutical and medical devices companies in the UAE. In these partnerships, PureHealth, a prominent healthcare provider in the UAE and a participant in the ministry's National ICV Program, will collaborate with Abu Dhabi Medical Devices Company (ADMD), a subsidiary of Abu Dhabi National Industrial Projects. Additionally, Abu Dhabi Ports Group and Abu Dhabi Polymers Company (Borouge) are involved in establishing a Dh110 million medical supplies production line in Abu Dhabi. As per the MoU, Borouge will supply raw materials, and Abu Dhabi Ports Group will provide industrial land in ICAD 1 to produce medical syringes, administration devices, and blood collection tubes.

Data security and privacy concerns are significant challenges in the UAE Homecare Medical Equipment Market. Homecare medical equipment often involves the collection and transmission of sensitive patient data. Ensuring the confidentiality of patient information is crucial to maintaining trust in home-based healthcare services. Unauthorized access or data breaches can compromise patient confidentiality. Healthcare data is subject to strict regulations to protect patient privacy. In the UAE, compliance with regulations such as the Health Data Protection Regulation (HDPR) is essential. Ensuring that homecare medical equipment adheres to these regulations can be challenging but is necessary to avoid legal repercussions. The interconnected nature of many homecare medical devices makes them susceptible to cybersecurity threats. Hackers may attempt to gain unauthorized access to devices, networks, or stored data, posing risks to patient safety and privacy. As patient data is transmitted between homecare devices, healthcare providers, and other stakeholders, ensuring secure and encrypted transmission is critical. Weaknesses in encryption protocols or inadequate security measures can expose data to interception or unauthorized access.


UAE Homecare Medical Equipment Market is segmented based on Type, Distribution Channel, and by region.  


Based on the Type, UAE Homecare Medical Equipment Market is segmented into Therapeutic Equipment, Patient Monitoring Equipment, Mobility Aids & Patient Support Equipment. Mobility aids and patient support equipment are essential categories of healthcare devices designed to assist individuals with mobility challenges, either due to age, injury, disability, or other health conditions. These devices aim to enhance the user's independence, safety, and overall quality of life by providing support and assistance in various activities. Walkers are frames with four legs and handles, providing stability and support for individuals who need assistance with balance and walking. Used by people with limited mobility or those recovering from injuries to support their weight while walking. Wheelchairs are seats with wheels, either manually operated or electrically powered, used for seated mobility. Designed for individuals with severe mobility impairments or those unable to walk for extended periods.

Based on Region, Abu Dhabi region held the largest share in the UAE Homecare Medical Equipment Market. Regions with a focus on research, innovation, and technology may see greater adoption of advanced homecare medical equipment. Abu Dhabi invested in research and development in the healthcare sector, it could contribute to the dominance of the region in the market. Collaborations between healthcare providers, medical equipment manufacturers, and government entities can enhance the availability and accessibility of homecare medical equipment. If there are strong partnerships in Abu Dhabi that support the homecare sector, it could lead to the region's dominance. The level of awareness among healthcare professionals and the public about the benefits of homecare services and medical equipment can impact market dynamics. If there are effective awareness campaigns and educational programs in Abu Dhabi, it may contribute to the region's dominance.

 

Some of the major companies operating in the UAE Homecare Medical Equipment Market include:

  • Medtronic Meta FZ-LLC
  • Johnson & Johnson UAE
  • Abbott Laboratories S.A.
  • Roche UAE
  • GE Healthcare UAE
  • Philips Healthcare UAE
  • Invacare UAE
  • Sunrise Medical UAE
  • Drive Devilbiss UAE
  • Dexcom UAE

 

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

UAE Homecare Medical Equipment  Market by Type (Therapeutic Equipment {Home Respiratory Therapy Equipment, Home IV Equipment, Home Dialysis Equipment, Others}, Patient Monitoring Equipment {Blood Glucose Monitors, Blood Pressure Monitors, Holter Monitors, Peak Flow Meters, Apnea Monitors, Heart Rate Monitors, Baby Monitors, Electronic Thermometers, Others}, Mobility Aids & Patient Support Equipment {Wheelchairs, Walking Assist Devices, Bathroom Safety Equipment, Others), Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of UAE Homecare Medical Equipment  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 Homecare Medical Equipment Market.

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