UAE Cardiac Resynchronization Therapy Market Size & Outlook
UAE cardiac resynchronization therapy market, 2018-2030 (US$M)
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UAE cardiac resynchronization therapy market highlights
- The UAE cardiac resynchronization therapy market generated a revenue of USD 30.4 million in 2023 and is expected to reach USD 43.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, crt-defibrillator was the largest revenue generating product in 2023.
- CRT-Pacemaker is the most lucrative product segment registering the fastest growth during the forecast period.
Cardiac resynchronization therapy market data book summary
| Market revenue in 2023 | USD 30.4 million |
| Market revenue in 2030 | USD 43.6 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Crt-defibrillator |
| Fastest growing segment | CRT-Pacemaker |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CRT-Defibrillator, CRT-Pacemaker |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Boston Scientific Corp, BIOTRONIK, MicroPort Scientific Corp, LivaNova PLC |
Other key industry trends
- In terms of revenue, UAE accounted for 0.7% of the global cardiac resynchronization therapy 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 cardiac resynchronization therapy market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 58.5 million by 2030.
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Cardiac Resynchronization Therapy Market Scope
Cardiac Resynchronization Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE cardiac resynchronization therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cardiac resynchronization therapy market will help companies and investors design strategic landscapes.
Crt-defibrillator was the largest segment with a revenue share of 69.74% in 2023. Horizon Databook has segmented the UAE cardiac resynchronization therapy market based on crt-defibrillator, crt-pacemaker covering the revenue growth of each sub-segment from 2018 to 2030.
Dubai Hospital is one of the few healthcare centers in the UAE that perform invasive cardiac procedures, including implantation of single-chamber & dual-chamber pacemakers and CRT-Ds. However, the demand for CRT devices is expected to increase over time with growing awareness and improving healthcare infrastructure in the country. In October 2019, for example, Aster Hospital, another healthcare facility in the UAE, reported CRT-D implantation in a 61-year-old man suffering from severe heart failure with frequent episodes of fast and life-threatening heart beats.
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Target buyers of UAE cardiac resynchronization therapy market databook
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Our clientele includes a mix of cardiac resynchronization therapy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE cardiac resynchronization therapy market , including forecasts for subscribers. This country databook contains high-level insights into UAE cardiac resynchronization therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE cardiac resynchronization therapy market size, by product, 2018-2030 (US$M)
UAE Cardiac Resynchronization Therapy Market Outlook Share, 2023 & 2030 (US$M)
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