Market revenue in 2021 | USD 247.7 million |
Market revenue in 2030 | USD 895.0 million |
Growth rate | 15.3% (CAGR from 2021 to 2030) |
Largest segment | Wearable sensors |
Fastest growing segment | Implantable/ingestible sensors |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hand held diagnostic sensors, Wearable sensors, Implantable/ingestible sensors |
Key market players worldwide | Analog Devices Inc, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Medtronic PLC, Smiths Group PLC, Koninklijke Philips NV, Stryker Corp, Abbott Laboratories, Roche Holding AG ADR, Hologic Inc |
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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 health sensors market will help companies and investors design strategic landscapes.
Wearable sensors was the largest segment with a revenue share of 40.94% in 2021. Horizon Databook has segmented the UAE health sensors market based on hand held diagnostic sensors, wearable sensors, implantable/ingestible sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE health sensors market is mainly driven by factors such as rising number of people suffering from diabetes and increasing prevalence of chronic diseases. For instance, according to International Diabetes Federation, in 2020, the prevalence of diabetes in the UAE was 15.4%, and about 1,223,400 adults were living with diabetes.
These factors are expected to boost the demand for health sensors in the country. However, lack of awareness about fitness and proper use of Health Sensors may impede the market growth in the country. Thus, the market in the UAE is expected to grow at a moderate rate during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE health sensors market , including forecasts for subscribers. This country databook contains high-level insights into UAE health sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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