UAE Hearing Loss Disease Treatment Market Size & Outlook
UAE hearing loss disease treatment market, 2018-2030 (US$M)
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UAE hearing loss disease treatment market highlights
- The UAE hearing loss disease treatment market generated a revenue of USD 35.3 million in 2023 and is expected to reach USD 55.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, devices was the largest revenue generating product in 2023.
- Drugs is the most lucrative product segment registering the fastest growth during the forecast period.
Hearing loss disease treatment market data book summary
| Market revenue in 2023 | USD 35.3 million |
| Market revenue in 2030 | USD 55.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Devices |
| Fastest growing segment | Drugs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Drugs |
| Key market players worldwide | Novartis AG ADR, Frequency Therapeutics, Acousia Therapeutics, Sensorion, Pipeline Therapeutics, Audina Hearing Instruments, Astellas Pharma Inc |
Other key industry trends
- In terms of revenue, UAE accounted for 0.3% of the global hearing loss disease treatment 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 hearing loss disease treatment 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 74.9 million by 2030.
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Hearing Loss Disease Treatment Market Scope
Hearing Loss Disease Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE hearing loss disease treatment 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 hearing loss disease treatment market will help companies and investors design strategic landscapes.
Devices was the largest segment with a revenue share of 90.37% in 2023. Horizon Databook has segmented the UAE hearing loss disease treatment market based on devices, drugs covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE hearing loss disease treatment market is likely to grow steadily over the coming years. In addition, the local presence of market players and active contribution by government authorities to boost market growth.
In April 2020, StartKey UAE introduced mobile hearing center to provide health services to patients with hearing impairment. Furthermore, in October 2022, Coral Beach Resort Sharjah introduced novel AMSAAN technology with an aim to provide superior services to patients with hearing disabilities.
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Target buyers of UAE hearing loss disease treatment market databook
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Our clientele includes a mix of hearing loss disease treatment 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 hearing loss disease treatment market, including forecasts for subscribers. This country databook contains high-level insights into UAE hearing loss disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE hearing loss disease treatment market report size, by product, 2018-2030 (US$M)
UAE Hearing Loss Disease Treatment Market Share, 2023 & 2030 (US$M)
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