Diabetes is one of the fastest growing lifestyle and debilitating diseases in the Middle East region. At present, one out of every five person in the UAE is suffering from diabetes. The concern becomes a bit serious as diabetes is associated with several other chronic diseases like cardiovascular diseases. This has put an extra burden on the country’s healthcare spending to allocate more funds for diagnosis, care and prevention. According to our new research report “Diabetes Market in UAE” the UAE diabetes care market is projected to grow at a CAGR of more than 8% during 2010-2012.
We have studied the UAE diabetes market by segmenting it into - insulin and non-insulin market. We have found that although insulin care products have a smaller share in the market by volume, they contribute maximum to the total market sales. Each of these two segments have been thoroughly studied and analyzed in the report. Moreover, the report provides an overview of patient profile in the country which will help clients to identify the future demand scenario.
Our report has found that the prevalence of diabetes in the UAE has reached an epidemic level and some serious steps need to be taken by the government to spread awareness among people about its social, economic and personal effects. The report has also found that the demand for blood glucose meters and other medical devices will increase at a rapid pace and will introduce major changes in the current market scenario. We suggest that the government should make some changes in regulatory environment and promote the local manufacturing of drugs and devices.
The report studies the current development process and its effects on various segments of the industry. The research gives detailed statistical and analytical review of macroeconomic indicators, key drivers and restraints. It contains exhaustive information about the market players, government initiatives and patient profile that will help clients to draw up market strategies and assess opportunity areas in the UAE diabetes market.
The report also includes a section of future projection and demand analysis that gives a rough idea about the prospective market trends to facilitate clients comprehend how the market will progress in coming years.
