UAE Medical Device Contract Research Organization Market Size & Outlook
UAE medical device contract research organization market, 2018-2030 (US$M)
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UAE medical device contract research organization market highlights
- The UAE medical device contract research organization market generated a revenue of USD 40.2 million in 2023 and is expected to reach USD 72.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, clinical was the largest revenue generating phase in 2023.
- Preclinical is the most lucrative phase segment registering the fastest growth during the forecast period.
Medical device contract research organization market data book summary
| Market revenue in 2023 | USD 40.2 million |
| Market revenue in 2030 | USD 72.8 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Preclinical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Preclinical, Clinical |
| Key market players worldwide | IQVIA Holdings Inc, Charles River Laboratories International Inc, Icon PLC, Syneos Health, Labcorp Holdings Inc, Wuxi AppTec Co Ltd, Medpace Holdings Inc, Eurofins Scientific SE, Promedica International, Qserve |
Other key industry trends
- In terms of revenue, UAE accounted for 0.5% of the global medical device contract research organization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia medical device contract research organization 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 115.3 million by 2030.
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Medical Device Contract Research Organization Market Scope
Medical Device Contract Research Organization Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE medical device contract research organization 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 medical device contract research organization market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 83.33% in 2023. Horizon Databook has segmented the UAE medical device contract research organization market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE business Council states that the healthcare sector in the UAE is improving owing to growing adoption of new medical technologies after the COVID-19 pandemic. Adopting innovative new technologies and forming partnerships with medical technology companies have boosted the UAE’s Medtech sector. The country has embraced 3D printing technology.
The country aims to become a global 3D printing center. The growing demand for 3D printed devices worldwide owing to advantages such as cost-effectiveness of devices is expected to increase the demand for R&D of 3D printed devices in the country.
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Target buyers of UAE medical device contract research organization market databook
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Our clientele includes a mix of medical device contract research organization 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 medical device contract research organization market , including forecasts for subscribers. This country databook contains high-level insights into UAE medical device contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE medical device contract research organization market size, by phase, 2018-2030 (US$M)
UAE Medical Device Contract Research Organization Market Outlook Share, 2023 & 2030 (US$M)
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