Press Release Description
Surge in Cardiovascular Disease Prevalence to Accelerate the UAE Preventive Cardiology Market
The UAE Preventive Cardiology Market is anticipated to grow at a CAGR of about 12% during the forecast period of 2024-30, cites MarkNtel Advisors in the recent research report. The obesity rate in the UAE has been increasing for the past few years due to fat-rich fast food consumption, sedentary lifestyles, and harsh climatic conditions. The rising cases of obesity have been leading to illnesses like hypertension, high cholesterol levels, etc., that, if not controlled, would lead to a range of cardiovascular diseases. This has raised health concerns among citizens in recent years, fueling demand for preventive cardiology services and solutions such as an electrocardiogram (ECG), cardiac blood tests, etc., to counteract these issues.
Moreover, in recent years, hospitals have been collaborating with healthcare professionals, nutritionists, and fitness experts to provide health and wellness programs. These programs educate individuals about healthy lifestyles, stress management, nutrition, and exercise, thus contributing to disease prevention. These clinics provide patients with ongoing care, early screening services, etc., to prevent complications and improve their quality of life, which is further improving market growth.
In addition, healthcare expenditure across the country has been improving in recent years. These expenditures are mostly inclined toward conducting health & wellness programs, improving awareness, etc., among the citizens. Consequently, as awareness regarding early screening, preventive medications, prophylaxis, etc., improves, the demand for preventive healthcare solutions, including those meant for cardiac diseases, would also amplify in the coming years, further states the research report, “The UAE Preventive Cardiology Market Analysis, 2024.”
Segmentation Analysis
The Diagnostic Services Segment Dominates the UAE Preventive Cardiology Market
Based on the components, the market is further divided into Diagnostic Services, Technology, Telehealth & Remote Monitoring, and Digital Health Apps. Out of them all, the Diagnostic Services segment held a major market share. Diagnostic services include various tests that have applications in the early diagnosis and initial management of patients with various heart conditions, including arrhythmias, myocardial infarctions, coronary artery disease (CAD), etc. For instance, ECG has advantages such as its non-invasive and painless nature. Also, recent advances such as the development of wearable ECG devices, AI-powered interpretation, and non-contact monitoring systems that have the potential to improve the accuracy of cardiovascular disease diagnosis would further drive the market growth of various diagnostic services.
Dubai Witnessed Considerable Growth in the UAE Preventive Cardiology Market
Dubai has emerged as a leader in the UAE Preventive Cardiology Market. Dubai’s dominance in the UAE Preventive Cardiology market is attributed to the growing healthcare sector, government initiatives, etc. The increasing burden of cardiovascular diseases as a result of the rise in the number of overweight and obese individuals, coupled with the rising diabetic population, is expected to propel the demand for preventive cardiology solutions in the region.
The increasing adoption of telemedicine for chronic disease management, such as cardiovascular diseases and hypertension, to significantly reduce hospitalization rates for patients with chronic diseases in Dubai is going to further accelerate the demand for preventive cardiology solutions.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Premier Diagnostic Center, Freiburg Medical Laboratory M.E. L.L.C., Healthchecks360, Al Borg Diagnostics, Neuberg Diagnostics Lab, Koninklijke Philips N.V., Medtronic, Abbott, AMIT International Group, Polar Electro, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across various countries?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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