Market revenue in 2023 | USD 39.3 million |
Market revenue in 2030 | USD 133.9 million |
Growth rate | 19.2% (CAGR from 2023 to 2030) |
Largest segment | Specialized monitors |
Fastest growing segment | Vital Sign Monitors |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Vital Sign Monitors, Specialized Monitors |
Key market players worldwide | shenzhen mindray automation equipment co., Nihon Kohden Corp, OMRON Corp, OSI Systems Inc, Koninklijke Philips NV, Roche Holding AG ADR, Welch Allyn, Smiths Group PLC, Abbott Laboratories, Boston Scientific Corp, Draegerwerk AG & Co KGaA, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Johnson & Johnson, BioTelemetry, Medtronic PLC, Masimo Corp, Vital Farms Inc Ordinary Shares, BIOTRONIK, American Well Corp Ordinary Shares - Class A, CareValidate |
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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 remote patient monitoring devices market will help companies and investors design strategic landscapes.
Specialized monitors was the largest segment with a revenue share of 82.44% in 2023. Horizon Databook has segmented the UAE remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE is a lucrative market for digital health companies. This can be attributed to the ongoing establishment of high-tech medical cities as per the Dubai Health Strategy 2021 and Abu Dhabi Healthcare Strategic Plan 2015-2020.
Furthermore, the UAE has also appointed a minister for the UAE Strategy for Artificial Intelligence. Such initiatives are anticipated to promote market growth.
However, even though the Dubai Healthcare City Authority (DHCCA), Dubai Health Authority (DHA), and Health Authority - Abu Dhabi (HAAD) have established some regulations related to telehealth, the regulations regarding medical liability and data security are unclear and are thus anticipated to limit market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into UAE remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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