UAE Ppg Biosensors Market Size & Outlook, 2023-2030
UAE ppg biosensors market, 2018-2030 (US$M)
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UAE ppg biosensors market highlights
- The UAE ppg biosensors market generated a revenue of USD 3.6 million in 2023 and is expected to reach USD 7.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, smart watches was the largest revenue generating product in 2023.
- Smart Watches is the most lucrative product segment registering the fastest growth during the forecast period.
Ppg biosensors market data book summary
| Market revenue in 2023 | USD 3.6 million |
| Market revenue in 2030 | USD 7.1 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Watches |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pulse Oximeters, Smart Watches, Wrist Bands |
| Key market players worldwide | Analog Devices Inc, Murata Manufacturing Co Ltd, Silicon Laboratories Inc, MediaTek Inc, Ams-OSRAM AG |
Other key industry trends
- In terms of revenue, UAE accounted for 0.8% of the global ppg biosensors 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 ppg biosensors 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 21.6 million by 2030.
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PPG Biosensors Market Scope
PPG Biosensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE ppg biosensors 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 ppg biosensors market will help companies and investors design strategic landscapes.
Smart watches was the largest segment with a revenue share of 44.44% in 2023. Horizon Databook has segmented the UAE ppg biosensors market based on pulse oximeters, smart watches, wrist bands covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE is a lucrative market for digital health companies. In the UAE, cardiovascular disease is the major cause of mortality, with patients frequently experiencing symptoms a decade sooner than their counterparts in other industrialized countries.
Consequently, growing prevalence of chronic diseases is expected to enhance the need for medical equipment and drive the market. The UAE has appointed a minister for the UAE Strategy for Artificial Intelligence. Such initiatives are anticipated to boost market growth.
However, although Dubai Healthcare City Authority (DHA) and Health Authority- Abu Dhabi (HAAD) established few regulations related to telehealth, regulations regarding medical liability and data security are unclear and are anticipated to limit market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE ppg biosensors market , including forecasts for subscribers. This country databook contains high-level insights into UAE ppg biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE ppg biosensors market size, by product, 2018-2030 (US$M)
UAE PPG Biosensors Market Outlook Share, 2023 & 2030 (US$M)
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