UAE Neonatal Critical Care Equipment Market Size & Outlook
UAE neonatal critical care equipment market, 2018-2030 (US$M)
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UAE neonatal critical care equipment market highlights
- The UAE neonatal critical care equipment market generated a revenue of USD 16.6 million in 2023 and is expected to reach USD 29.2 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, other equipments was the largest revenue generating type in 2023.
- Phototherapy Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
Neonatal critical care equipment market data book summary
| Market revenue in 2023 | USD 16.6 million |
| Market revenue in 2030 | USD 29.2 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Other equipments |
| Fastest growing segment | Phototherapy Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoregulation Equipment, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Other Equipments |
| Key market players worldwide | Draegerwerk AG & Co KGaA, Cardinal Health Inc, Koninklijke Philips NV, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Vyaire Medical, BD, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, Phoenix Group Holdings PLC, Natus Medical, Utah Medical Products Inc, Ambu A/S ADR |
Other key industry trends
- In terms of revenue, UAE accounted for 0.6% of the global neonatal critical care equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia neonatal critical care equipment market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 11.8 million by 2030.
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Neonatal Critical Care Equipment Market Scope
Neonatal Critical Care Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE neonatal critical care equipment 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 neonatal critical care equipment market will help companies and investors design strategic landscapes.
Other equipments was the largest segment with a revenue share of 33.73% in 2023. Horizon Databook has segmented the UAE neonatal critical care equipment market based on thermoregulation equipment, phototherapy equipment, respiratory devices, neonatal monitoring devices, other equipments covering the revenue growth of each sub-segment from 2018 to 2030.
The high prevalence of low-birth-weight children in the country and the high neonatal mortality rate is expected to drive market growth over the forecast period. According to UNICEF data, the prevalence of low birth weight in the UAE was around 9.6% in 2020.
Hence, to provide access to advanced neonatal care services to such a population, several companies are partnering with the government and nongovernment organizations to train for advanced equipment & instruments.
The workshop was designed to provide insights on Neonatal and Paediatric Extracorporeal Membrane Oxygenation (ECMO) to the service providers. Such initiatives are expected to drive market growth, boosting the demand for advanced equipment.
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Target buyers of UAE neonatal critical care equipment market databook
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Our clientele includes a mix of neonatal critical care equipment 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 neonatal critical care equipment market , including forecasts for subscribers. This country databook contains high-level insights into UAE neonatal critical care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE neonatal critical care equipment market size, by type, 2018-2030 (US$M)
UAE Neonatal Critical Care Equipment Market Outlook Share, 2023 & 2030 (US$M)
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