Market revenue in 2023 | USD 54.5 million |
Market revenue in 2030 | USD 93.8 million |
Growth rate | 8.1% (CAGR from 2023 to 2030) |
Largest segment | Flexible endoscopes market |
Fastest growing segment | Disposable Endoscopes |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Rigid Endoscopes Market, Robot Assisted Endoscope Market, Disposable Endoscopes, Capsule Endoscopes Market, Flexible Endoscopes Market |
Flexible endoscopes market was the largest segment with a revenue share of 46.97% in 2023. Horizon Databook has segmented the UAE endoscopes market based on rigid endoscopes market, robot assisted endoscope market, disposable endoscopes, capsule endoscopes market, flexible endoscopes market covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE endoscopes market is projected to witness growth primarily driven by the increasing geriatric population and the high prevalence of cancer. The Health Authority-Abu Dhabi (HAAD) issued recommendations for treating colorectal cancer, which is expected to boost the demand for endoscopes.
Furthermore, ongoing reforms in HAAD are anticipated to positively impact the market growth trajectory. Moreover, cancer ranks as the third leading cause of death in the UAE, resulting in an increased demand for both diagnostic and therapeutic endoscopy procedures.
In addition, hospitals and healthcare facilities in the UAE are expanding their endoscopy services to meet the growing demand. This expansion is expected to positively impact the local market, leading to increased revenue generation.
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