According to Markntel Advisors Report, GCC Connected Medical Devices and Wearables Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Connected Medical Devices refer to the devices that can transmit receive data from one device to another or through the internet. For instance, a heart rate monitor transmits a patient’s heart rate data to a physician or healthcare institutes via connectivity technologies such as Bluetooth, Wi-Fi, etc. Medical wearables refer to a network of smart devices (electronic skin patches, ECG monitors, etc.) used by patients that are equipped with sensors, actuators, and software connected to the cloud that enables the collection, analysis, and transmission of health data in real-time. The growth in the integration of technology in healthcare institutes, growing awareness about physical fitness, and rising penetration of home care services are expected to boost the adoption of connected medical devices wearables in the GCC region.
Global GCC Connected Medical Devices and Wearables Market Research Report Summary:
The GCC Connected Medical Devices and Wearables and Wearables Market is projected to grow at a CAGR of around 20.19% during the forecast period, i.e., 2025-30.
Time Period Captured in the Report:
- Historical Years: 2020-2023
- Base Years: 2024
- Forecast Years: 2025-2030
Who are the Key Players Operating in the GCC Connected Medical Devices and Wearables Market?
The top companies of the GCC Connected Medical Devices and Wearables Market ruling the industry are:
Fitbit, Inc., Abbott Laboratories, Medtronic, Omron Healthcare, Inc., Dexcom, Withings SAS, Vital connect, Polar Electro, Apple, Inc., Garmin and Others
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What is Included in GCC Connected Medical Devices and Wearables Market Segmentation?
The GCC Connected Medical Devices and Wearables Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-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
Explore the Complete GCC Connected Medical Devices and Wearables Market Analysis Report – https://www.marknteladvisors.com/research-library/gcc-connected-medical-devices-market.html
GCC Connected Medical Devices and Wearables Market Driver:
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.
GCC Connected Medical Devices and Wearables Market Challenge:
Rising Cyber Security Attacks in Healthcare Sector - Due to rising digital innovations, organizations are becoming more susceptible to online attacks in GCC countries. These connected care medical devices, such as heart rate monitors and insulin pumps, provide more entry points for hackers as data security is not prioritized in their design. However, the devices might not store patients’ data, but attackers could leverage devices to plan a cyber-attack on the server that holds the crucial information. Therefore, rising concerns over cyber security in connected care devices are considered one of the major challenges in the healthcare industry.
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