UAE Peripheral Vascular Devices Market Size & Outlook
UAE peripheral vascular devices market, 2018-2030 (US$M)
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UAE peripheral vascular devices market highlights
- The UAE peripheral vascular devices market generated a revenue of USD 40.6 million in 2023 and is expected to reach USD 53.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- PTA Balloons is the most lucrative type segment registering the fastest growth during the forecast period.
Peripheral vascular devices market data book summary
| Market revenue in 2023 | USD 40.6 million |
| Market revenue in 2030 | USD 53.8 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | PTA Balloons |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices, Peripheral Stents |
| Key market players worldwide | Abbott Laboratories, Edwards Lifesciences Corp, Medtronic PLC, St. Jude Medical, Teleflex Inc, Philips, Boston Scientific Corp, Cook Group, Covidien, AngioScore |
Other key industry trends
- In terms of revenue, UAE accounted for 0.4% of the global peripheral vascular devices 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 peripheral vascular devices 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 173.5 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE peripheral vascular devices 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 peripheral vascular devices market will help companies and investors design strategic landscapes.
Peripheral stents was the largest segment with a revenue share of 28.82% in 2023. Horizon Databook has segmented the UAE peripheral vascular devices market based on pta balloons, catheters, endovascular aneurysm repair stent grafts, plaque modification devices, peripheral accessories, inferior vena cava filters, hemodynamic flow alteration devices, peripheral stents covering the revenue growth of each sub-segment from 2018 to 2030.
Cardiovascular diseases are a cause of significant mortality and morbidity in the UAE. A survey featured in Gulf Insider in 2023 stated that a noteworthy 50% of the UAE population suffers from heart-related conditions. Of this percentage, 12% have personally reported suffering from cardiovascular diseases, while a staggering 53% have been intimately connected to the condition through friends or family members.
This substantial prevalence of cardiovascular diseases is anticipated to boost the demand for advanced cardiovascular devices, especially peripheral vascular devices, thereby fostering market expansion. Moreover, the UAE government is making substantial investments in the healthcare infrastructure, specifically directed toward the establishment of cutting-edge hospitals, specialized centers, and advanced medical facilities.
The primary objectives of these investments are to augment the accessibility of healthcare services, enhance patient outcomes, and attract prominent healthcare professionals & researchers to the nation. These strategic initiatives collectively propel the peripheral vascular devices market growth through heightened investments and a conducive atmosphere for innovation.
Reasons to subscribe to UAE peripheral vascular devices market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE peripheral vascular devices market databook
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Our clientele includes a mix of peripheral vascular devices 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 peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into UAE peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE peripheral vascular devices market size, by type, 2018-2030 (US$M)
UAE Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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