Emphasis on Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Odontology, And Others); Testing Type (Biochemistry, Hematology, Microbiology, Histopathology, Imaging, and Others); End-User (Hospitals, Diagnostic Centers, Home Care, And Others); Emirates.
The UAE Diagnostic and Medical Testing market was valued at USD 1.4 Billion in 2022 and is expected to grow at a strong CAGR of around 6.5% during the forecast period (2023-2030). This is mainly due to the UAE government’s commitment to providing world-class healthcare services to its residents and its continuous investment in healthcare infrastructure acting as a significant driver. As per the International Trade, in the 2022, federal budget, a total of USD 15.8 billion USD (AED 58.931 billion) was approved for public spending out of which 8.4% is dedicated to healthcare. This commitment is evidenced by the establishment of state-of-the-art medical facilities, research centers, and hospitals, which foster a conducive environment for medical testing and diagnostics. Furthermore, the nation’s expanding population, including a growing emigrant community demands comprehensive healthcare services, increasing the need for diagnostics. Moreover, the increasing prevalence of lifestyle-related diseases, such as diabetes and cardiovascular conditions, necessitates regular testing and monitoring. In addition, the UAE’s emergence as a medical tourism hub further boosts the demand for high-quality diagnostic services.
Some of the major players operating in the market include Emirates Hospitals Group, Aster DM Healthcare, Al Borg Laboratories, FUJIFILM Middle East FZE. Abbott, Medtronic, Johnson & Johnson, GE Healthcare, Siemens Healthineers, Al-Zahrawi Medical Supplies Est. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst testing types, the hematology segment held the dominant share of the market in 2022”
Based on the application, the market is segmented into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, odontology, and others. The hematology segment held the dominant share of the market in 2022. This is mainly due to the rise in demand for hematology testing because of the prevalence of lifestyle-related diseases and genetic conditions in the UAE. This segment encompasses a wide range of tests, including complete blood counts (CBC), hemoglobin analysis, and coagulation studies.
“Amongst application, the Three-Phase segment to grow with a high CAGR during the forecast period”
Based on application, the market is segmented into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, odontology, and others. Oncology is expected to grow with a significant CAGR during the forecast period (2023-2030). The rising incidence of various cancer types necessitates comprehensive oncology diagnostics. As per the National Institute of Health, in 2022, breast cancer(20.23%), colorectal cancer (10.24%), thyroid cancer (9.99%), leukemia (7.62%), skin (5.04%), non-Hodgkin’s lymphoma (4.17%), and prostate cancer (3.76%) are the most common types of cancers in UAE. This segment includes cancer screening tests, tumor marker assays, molecular diagnostics, and advanced imaging techniques such as PET-CT scans. These tests are essential for early cancer detection, accurate staging, and treatment planning.
“Abu Dhabi held a dominant share of the market in 2022”
Abu Dhabi registered the highest market share in the UAE diagnostic and medical testing market due to the rapidly growing sector within the healthcare landscape of the United Arab Emirates. This is mainly due to the early detection and monitoring of diseases which offers a wide range of services from routine check-ups to specialized tests like genetic screening and advanced medical imaging. Furthermore, Abu Dhabi’s healthcare infrastructure is a key driver of the region’s health tourism, attracting patients from around the world who seek world-class diagnostic and medical testing services. As the healthcare needs of the population continue to evolve, Abu Dhabi remains dedicated to further advancing its diagnostic and medical testing capabilities, positioning itself as a UAE hub for healthcare excellence.
UAE Diagnostic and Medical Testing Market Report Coverage
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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Key Insights
4. Executive Summary
5. Impact Of Covid-19 On The Uae Diagnostic And Medical Testing Market
6. Uae Diagnostic And Medical Testing Market Revenue (usd Bn), 2020-2030f
7. Market Insights By Application
8. Market Insights By Testing Type
9. Market Insights By End-user
10. Market Insights By Emirates
11. Uae Diagnostic And Medical Testing Market Dynamics
12. Uae Diagnostic And Medical Testing Market Opportunities
13. Uae Diagnostic And Medical Testing Market Trends
14. Demand And Supply-side Analysis
15. Value Chain Analysis
16. Government Laws And Regulation
17. Competitive Scenario
18. Companies Profiled
19. Disclaimer
Research Methodology for the UAE Diagnostic and Medical Testing Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the UAE diagnostic and medical testing market were the three major steps undertaken to create and analyze the adoption of the UAE diagnostic and medical testing in major regions UAE. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the UAE diagnostic and medical testing market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the UAE diagnostic and medical testing market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the UAE diagnostic and medical testing market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as application, testing type, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the UAE diagnostic and medical testing market. Further, we conducted factor analysis using dependent and independent variables such as Application, testing type, and end-user of the UAE diagnostic and medical testing market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the UAE diagnostic and medical testing market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the UAE diagnostic and medical testing market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the market. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the UAE diagnostic and medical testing market. data was split into several segments & and sub-segments post studying various parameters and trends in the areas of the application, testing type, and end-user in the UAE diagnostic and medical testing market.
The main objective of the UAE Diagnostic and Medical Testing market Study
The current & and future market trends of the UAE diagnostic and medical testing market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
Q1: What is the current market size and growth potential of the UAE diagnostic and medical testing market?
Q2: What are the driving factors for the growth of the UAE diagnostic and medical testing market?
Q3: Which segment has the largest share of the UAE diagnostic and medical testing market by testing type?
Q5: Which region will dominate the UAE diagnostic and medical testing market?
Q6: Who are the key players operating in the UAE diagnostic and medical testing market?
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