UAE Cannula Market Size & Outlook, 2024-2030
The cannula market in the UAE is expected to reach a projected revenue of US$ 2.2 million by 2030. A compound annual growth rate of 5.5% is expected of the UAE cannula market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.5
Forecast, 2030 (US$M)
$2.2
CAGR, 2024 - 2030
5.5%
Report Coverage
UAE
Related Markets
UAE cannula market highlights
- The UAE cannula market generated a revenue of USD 1.5 million in 2023 and is expected to reach USD 2.2 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, cardiac was the largest revenue generating product in 2023.
- Dermatology is the most lucrative product segment registering the fastest growth during the forecast period.
Cannula market data book summary
| Market revenue in 2023 | USD 1.5 million |
| Market revenue in 2030 | USD 2.2 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Cardiac |
| Fastest growing segment | Dermatology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac, Dermatology, Nasal |
| Key market players worldwide | Medtronic PLC, Becton Dickinson & Co, Edwards Lifesciences Corp, LivaNova PLC, Smiths Group PLC, Boston Scientific Corp |
Other key industry trends
- In terms of revenue, UAE accounted for 0.9% of the global cannula market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa cannula market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3.8 million by 2030.
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Cannula Market Scope
Cannula market segmentation & scope
Cannula Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Edwards Lifesciences Corp | View profile | 19800 | One Edwards Way, Irvine, CA, United States, 92614 | https://www.edwards.com |
| Smiths Group PLC | View profile | 15000 | 11-12 St James’s Square, 4th Floor, London, United Kingdom, SW1Y 4LB | https://www.smiths.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Becton Dickinson & Co | View profile | 73000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | https://www.bd.com |
UAE cannula market size, by product, 2018-2030 (US$M)
UAE Cannula Market Outlook Share, 2023 & 2030 (US$M)
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