MarkNtel Advisors Insights: GCC Connected Medical Devices market to Grow at 20.19% CAGR from 2022-2027

A comprehensive analysis report on the GCC Connected Medical Devices Market has been recently released by MarkNtel Advisors, covering the forecast period from 2022 to 2027. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the GCC Connected Medical Devices Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

GCC Connected Medical Devices Market Overview:

Base Year: 2021

Forecast Years: 2022-2027

Historical Years: 2017-2020

Market Growth Rate: 20.19% (2022-2027)

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GCC Connected Medical Devices Market Segmentation Analysis:

According to MarkNtel study the market is segmented the into the following categories:

By Device Type

Diagnostic Devices
- Insulin Pumps
- Pulse Oximeter
- ECG Monitor
- Smart Watches
- Cardioverter Defibrillator
- Wearable Electrocardiographs
- Sleep Monitors
- Others (Electronic skin patches, fitness tracker etc.)
Therapeutic Devices
- Pain Management
- Respiratory Therapy Management
- Rehabilitation Devices

By Product Site

Handheld
Headband
Strap/Clip
Shoe sensors
Others (Clip, bracelet etc.)

Among them, Handheld devices grabbed a significant market share during 2017-21. However, the market shares of straps, bracelets, or bands have also registered an uptrend during the same period.

By Application Type

Fitness monitoring
Remote patient monitoring
Diabetes/Obesity care
Cardiac Health
Others (Home healthcare, sleep tracking etc.)

By Distribution Channel

Online Stores
Retail Pharmacies
Others (Supermarkets/Hypermarkets)

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By Country

UAE
Saudi Arabia
Qatar
Oman
Bahrain
Kuwait

Of all the countries across GCC, the UAE is one of the most vibrant economies for connected medical devices & wearables, owing to greater proximity to wearable technology, high-speed internet penetration, growth in footprints of foreign multinationals, proactive government initiatives to ensure fitness, rising home care services, and so on.

GCC Connected Medical Devices Market Competitive Landscape:

This section competitive landscape covers the top companies’ participants in the GCC Connected Medical Devices industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2022-2027.

Leading Market Player Are:

Fitbit, Inc.
Abbott Laboratories
Medtronic
Omron Healthcare, Inc.
Dexcom
Withings SAS
Vital connect
Polar Electro
Apple, Inc.
Garmin

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

About Us:

We are a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.