Future of GCC Connected Medical Devices and Wearables and Wearables Market: Key Dynamics, Size & Share Analysis

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. GCC region has always been at the forefront in accepting new technologies, especially in healthcare & consumer devices. The greater traction towards these devices is led by rising purchasing power, augmentation in the home care services, ascending health consciousness among the individuals, lifestyle trends, etc. Therefore, the double-digit growth in the sales of connected medical devices, and wearables were registered during 2020-23.

Top Challenges Impacting the GCC Connected Medical Devices and Wearables and Wearables Market Growth

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.

Understanding the Core Segments in the GCC Connected Medical Devices and Wearables and Wearables Market

GCC Connected Medical Devices and Wearables and Wearables Market Size, Share & Industry Trends Analysis-By Device Type (Diagnostic Devices [Insulin Pumps, Pulse Oximeter, ECG Monitor, Smart Watches, Cardioverter Defibrillator, Wearable Electrocardiographs, Sleep Monitors, Others], Therapeutic Devices [Pain Management, Respiratory Therapy Management, Rehabilitation Devices]), By Product Site (Handheld, Headband, Strap/Clip, Shoe sensors, Others), By Application Type (Fitness monitoring, Remote patient monitoring, Diabetes/Obesity care, Cardiac Health, Others), By Distribution Channel (Online Stores, Retail Pharmacies) and others.

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Geographical Analysis of the GCC Connected Medical Devices and Wearables and Wearables Market

  • The UAE
  • Saudi Arabia
  • Oman
  • Qatar
  • Kuwait
  • Bahrain

Of all the countries across GCC, the UAE is one of the most vibrant economies for connected medical devices & wearables, owing to greater proximity to wearable technology, high-speed internet penetration, growth in footprints of foreign multinationals, proactive government initiatives to ensure fitness, rising home care services, and so on. 

Who Dominates the GCC Connected Medical Devices and Wearables and Wearables Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

  • Fitbit, Inc.
  • Abbott Laboratories
  • Medtronic
  • Omron Healthcare, Inc.
  • Dexcom
  • Withings SAS
  • Vital connect
  • Polar Electro
  • Apple, Inc.
  • Garmin and others.

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