UAE Microcatheter Market Size & Outlook, 2020-2027
UAE microcatheter market, 2016-2027 (US$M)
Related Markets
UAE microcatheter market highlights
- The UAE microcatheter market generated a revenue of USD 14.8 million in 2020 and is expected to reach USD 20.3 million by 2027.
- The UAE market is expected to grow at a CAGR of 4.6% from 2021 to 2027.
- In terms of segment, dual lumen was the largest revenue generating product design in 2020.
- Dual Lumen is the most lucrative product design segment registering the fastest growth during the forecast period.
Microcatheter market data book summary
| Market revenue in 2020 | USD 14.8 million |
| Market revenue in 2027 | USD 20.3 million |
| Growth rate | 4.6% (CAGR from 2020 to 2027) |
| Largest segment | Dual lumen |
| Fastest growing segment | Dual Lumen |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Lumen, Dual Lumen |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Merit Medical Systems Inc, Stryker Corp, Penumbra Inc, Boston Scientific Corp, Teleflex Inc, Asahi Intecc Co Ltd, Surmodics Inc, BioCardia Inc |
Other key industry trends
- In terms of revenue, UAE accounted for 0.8% of the global microcatheter market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, Saudi Arabia microcatheter market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.6 million by 2027.
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Microcatheter Market Scope
Microcatheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE microcatheter 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 microcatheter market will help companies and investors design strategic landscapes.
Dual lumen was the largest segment with a revenue share of 64.19% in 2020. Horizon Databook has segmented the UAE microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2016 to 2027.
The United Arab Emirates (UAE) is vigorously expanding its national healthcare system to flourish unmet needs in the industry and to support economic diversification. Also, hospitals in the UAE are focusing on collaborative activities with the U.S. and UK based hospitals to deliver better healthcare offering in the region.
For example, the partnership between Mubadala healthcare and Cleveland Clinic. Through the collaboration, the hospital is operating at five centers in UAE and delivering special care to the patients suffering from cardiology, Neurology, digestive disease, oncology disorder, and respiratory diseases.
Moreover, growth of UAE’s medical tourism industry coupled with rising incidences of chronic disorders in the region further support growth of the market in near future. Moreover, increasing cases of ischemic stroke in UAE are among the major factors contributing to the market growth.
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Our clientele includes a mix of microcatheter 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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Horizon Databook provides a detailed overview of country-level data and insights on the UAE microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into UAE microcatheter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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UAE microcatheter market size, by product design, 2016-2027 (US$M)
UAE Microcatheter Market Outlook Share, 2020 & 2027 (US$M)
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