UAE Ultrasound Devices Market Size & Outlook, 2023-2030
UAE ultrasound devices market, 2018-2030 (US$M)
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UAE ultrasound devices market highlights
- The UAE ultrasound devices market generated a revenue of USD 91.1 million in 2023 and is expected to reach USD 120.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, diagnostic ultrasound devices was the largest revenue generating product in 2023.
- Therapeutic Ultrasound Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Ultrasound devices market data book summary
| Market revenue in 2023 | USD 91.1 million |
| Market revenue in 2030 | USD 120.3 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Diagnostic ultrasound devices |
| Fastest growing segment | Therapeutic Ultrasound Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Ultrasound Devices, Therapeutic Ultrasound Devices |
| Key market players worldwide | Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, Samsung BioLogics, FUJIFILM Holdings Corp, Konica Minolta Inc, Esaote |
Other key industry trends
- In terms of revenue, UAE accounted for 0.9% of the global ultrasound 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 ultrasound 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 211.3 million by 2030.
Diagnostic ultrasound devices was the largest segment with a revenue share of 84.3% in 2023. Horizon Databook has segmented the UAE ultrasound devices market based on diagnostic ultrasound devices, therapeutic ultrasound devices covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE market is rapidly growing. The UAE government is liberalizing policies to attract foreign investments to improve healthcare standards and boost the healthcare industry. This represents significant opportunities for manufacturers operating in the market to expand their reach in the country.
Growing prevalence of chronic diseases in the UAE is expected to increase the demand for treatment options, boosting the need for ultrasonography scanning. Along with the presence of a vast patient pool, quicker and well-defined regulatory approval procedure in the country is expected to contribute to the market growth.
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Ultrasound Devices Market Scope
Ultrasound Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE ultrasound devices market size, by product, 2018-2030 (US$M)
UAE Ultrasound Devices Market Outlook Share, 2023 & 2030 (US$M)
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