Report Description of the UAE Home Healthcare Market
Research Scope and Assumption
- The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
- The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
- We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
- All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
- Inflation has not been accounted for in order to estimate and forecast the market
- Numbers may not add up due to rounding off
Research Objective:
- To analyze and forecast the market size of UAE Home Healthcare Drugs market
- To classify and forecast UAE Home Healthcare Market market based on application, drugs, project type, and application.
- To identify drivers and challenges for UAE Home Healthcare market
- To examine competitive developments such as mergers and acquisitions, agreements, collaborations and partnerships, etc., in UAE Home Healthcare market
- To conduct pricing analysis for UAE Home Healthcare Drugs market
- To identify and analyze the profile of leading players operating in UAE Home Healthcare market
Reason to buy the report:
- Facilitate decision-making based on strong current and forecast data for Atopic Dermatitis drug market
- Develop strategies based on the latest regulatory framework
- Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
- Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the Atopic Dermatitis market
- Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
- To strategically profile key players and comprehensively analyze their market shares and core competencies
- We have technically sound team which do a deep dive research and also provide strategy-based consulting analysis
UAE Home Healthcare Market Executive Summary
Home Healthcare industry in UAE is a fast growing sector and can become an important source of earning for the nation. Domestic Home Healthcare Market, focuses on the development and enhancement of production facilities, factories and market (storage and distribution) in the country
Market Size and Key Findings
The UAE Home Healthcare market size is at around USD xx billion in 2021 and is projected to reach USD xx billion in 2026, exhibiting a CAGR of xx% during the forecast period.
There have been a remarkable progress in the field of Home Healthcare in the past 5 years. UAE’s focus on improving healthcare facilities have resulted in growth of Home Healthcare in the country. Changing homecare and instant healthcare needs in the country have impacted the Home healthcare industry in positive ways.
Market Dynamics
Market Growth Drivers Analysis
Major factors driving the growth of this market include the rise in aging population, technological advancements, increasing incidences of chronic diseases, growing demand for affordable healthcare delivery systems due to the mounting healthcare costs, and government initiatives to promote home healthcare.
Market Restraints
Patient safety concerns, rapid technological changes, and interoperability are restricting the growth of this market.
COVID-19 impact on “UAE Home Healthcare Market”
Home care has become an essential strategy to face COVID-19 and similar future crises. There is increased awareness amongst patients and their families, and initiatives by public and private sectors developed over a short time have contributed to this. Post-COVID-19, it is expected that the dependence on home care through both public and private sectors will increase.
Competitive Landscape
Key Players
Key market players include Amana Healthcare, Bayti Home Healthcare LLC, Manzil Health Care Services LLC, Aster DM Healthcare Limited, United Home Healthcare, Emirates Healthcare, Prime Healthcare Group, Sublime Nursing, THB Home Healthcare,and DMETCO Home Healthcare LLC
Products in Pipeline
SURE Universal of Ramat Gan, Israel, has partnered with the United Arab Emirates’ Hamad Bin Khalifa (HBK) Department of Projects to launch a white-label smart IoT healthcare solution, HBKiCare, for the UAE and Middle East regional markets.
SURE Universal develops pioneering IoT software for home healthcare. HBK Department of Projects is a UAE royal family initiative to support and advance the development of social progress, environmental balance and economic growth around the world
Notable Recent Deals
Aster DM Healthcare Ltd has signed a pact to acquire Abu Dhabi-based Wahat Al Aman Home Healthcare LLC for an estimated amount of AED 105 million ($28.6 million or Rs 204 crore).
The acquisition of the home healthcare services provider will enhance Aster DM’s presence in Abu Dhabi, the hospital operator said in a stock-exchange filing.
Healthcare Policies and Regulatory Landscape
Policy changes and Reimbursement scenario of UAE Home Healthcare
The UAE government is setting policies and applying more restrictions and regulatory measures such as large fines, to non-compliant companies. In addition, several deals were executed to acquire home care companies, such as Mubadala/Amana Healthcare. Consequently, we expect to see more mergers and acquisitions that will decrease the number of providers in the UAE.
