The GCC Connected Medical Devices Market Size, Share, and overview research report forecast 2022-2027 offers a comprehensive overview of the market, including current trends and forecast growth in terms of service and products. The reader may use this information to better understand the market under consideration's quantitative growth elements. This research focuses on crucial market growth indicators and examines revenue development, value chain analysis, and geography studies in great detail.
To get a competitive edge in the industry, top suppliers are focusing on providing high-quality, economical, and new technologies employing existing materials. Leading producers compete in terms of price, quality, design, and aftermarket support. The competition is increasing and getting better thanks to technological know-how and investments made through partnerships and agreements.
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The study's objective was to:
- Market size by major regions/nations and other study segments are taken into account and analysed.
- A better comprehension of market structure.
- Identifies, portrays, and examines Market Players to determine value, share, the competitive landscape, SWOT analysis, and future development strategies.
- To assess the market's particular growth trends, potential, and overall commitment.
- To convey in-depth information about the major market growth influences (growth potential, industry-specific challenges, and risks).
- To assess the market's size in relation to important regions and the relevant main countries.
- To assess market developments for competitive analysis, such as market growth, partnerships, new product introductions, and acquisitions.
Market Dynamics
Growth Drivers: Governments’ Digital Health Initiatives to Boost the Sales of Healthcare Wearables
The Governments across the region have proactively launched digital programs to ensure proper remote care of patients. The Department of Health, Abu Dhabi initiated a home care model to provide quality services to the patients by approving the services of around 75+ service providers catering to more than 5,000 patients. Further, the Ministry of Health and Prevention (MoHAP), the UAE, launched an updated version of its smart patient platform to ensure proper care of patients via digital channels. For instance, in 2020, the Government of Saudi Arabia launched (MAKOM) initiative to deliver tele-mental health services.
Industry Players Development
- In 2021, FitBit introduced FitBit Charge 5, which was the first brand in the UAE to include a color-AMOLED display in the smart fitness bands.
- In 2020, FitBit launched Fitbit Charge 4 in the Middle East countries such as the UAE, Bahrain, etc.
Competitively in the GCC Connected Medical Devices Market:
To create superior business plans and obtain a competitive advantage, it is essential to consider historical firm performance, basic operational techniques, and the product and service portfolio. This research provides an in-depth analysis of the leading players in the worldwide GCC Connected Medical Devices market historical firm performance, basic operational techniques, and the product and service portfolio. These businesses have engaged in a number of joint ventures, collaborations, mergers, and acquisitions in order to forge a strong position in the market:
Top Companies of GCC Connected Medical Devices Market
-Fitbit, Inc.
-Abbott Laboratories
-Medtronic
-Omron Healthcare, Inc.
-Dexcom
-Withings SAS
-Vital connect
-Polar Electro
-Apple, Inc.
-Garmin
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Important GCC Connected Medical Devices Market Segmentation
The market segmentation section explains segments to readers. The report outlines their historical development as well as the future course they will probably take. In-depth details on new trends that may influence these segments' future are also included. In addition to providing projections for 2022-2027 at the global, regional, and national levels, the report looks at important trends in each sub segment of the worldwide market.
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.)
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)
By Country
-UAE
-Saudi Arabia
-Qatar
-Oman
-Bahrain
-Kuwait
Important Concerns Addressed in This GCC Connected Medical Devices Market Report:
- How has the worldwide GCC Connected Medical Devices Market performed thus far, and how will it fare in the years to come?
- What effect did COVID-19 have on the market?
- Which geographical markets are most crucial?
- How does the market division appear?
- What are the various steps in the industry's value chain?
- What are the industry's primary driving forces and obstacles?
- How is the GCC Connected Medical Devices Market structured globally, and who are the key players?
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