Hexa Reports Industry Middle East Medical Device Market | Page 2
Further Key Findings from the Study Suggest:
Based on product type, In-Vitro Diagnostics(IVD) is expected to dominate the market as of 2016.
Furthermore, neurology device segment is anticipated to grow at the fastest CAGR owing to the factors
such as growing incidence of conventional diseases, augmenting research and technological
advancement offered by key industry players to meet the current unmet needs.
The medical devices are also analyzed depending upon the U.S. FDA classification, with Class II being
the dominant as well as the fastest growing segment during the forecast period. The Class II device
segment is anticipated to capture over 60.0% of the market share by 2025.
Geographic expansion into Qatar, U.A.E. and Iraq by well-established players is anticipated to promote
the fastest growth for the region.
Few of the industry players for the Middle East medical devices market include Medtronic, Johnson &
Johnson, Siemens, Roche, Becton Dickinson and Abbott Laboratories
Entry of various new players coupled with collaborative efforts by existing players is expected to be
witnessed over the forecast period.
For instance, In December 2016, Becton Dickinson announced a research collaboration with a leading
global organization the Juvenile Diabetes Research Foundation(JDRF) that would be funding their
research for type 1 diabetes. This is anticipated to enable BD's focus on enhancing technology
supporting extended wear insulin infusion set.
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Table Of Content
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Middle East Medical Device Market Variables, Trends & Scope
Chapter 4. Middle East Medical Device Market: Product Estimates & Trend Analysis
Chapter 5. Middle East Medical Device Market: FDA Classification Estimates & Trend Analysis
Chapter 6. Middle East Medical Device Market: End-use Estimates & Trend Analysis
Chapter 7. Middle East Medical Device Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
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