Kuwait Medical Devices Market will be Driven by Implementation of Technology and Increased Private Sector Investment in Healthcare: Ken Research

Philips acquired Spectranetics in August 2017 for a deal amounting to USD 2.2 Billion. The deal will help Philips enhance its portfolio of interventional imaging systems and devices.

According to Ken Research report titled Kuwait Medical Device Market Outlook to 2022 – By Type of Medical Devices (Diagnostic Imaging Products, Medical Disposables, Auxiliary Devices, Orthopedic Devices, Dental Products, Aesthetic Devices, Diabetic Products and Others) and By Type of Sales Channel (Online and Offline Sales)increase in population along with increase in number of chronic disease and other patients has resulted in growth in demand for medical devices market. This growth is complemented by increase in healthcare spending by the government as well as the private sector. However, oil prices, outbound medical tourism and lack of skilled local doctors and technicians had negative impact on medical devices market in Kuwait.

Positioning of Medical Devices Market in Kuwait

The medical devices market in Kuwait is import driven and witnessed a double digit growth in the past five years (2012-2017). There is demand for all type of medical devices and is largely dominated by Diagnostic Imaging Products, Medical Disposables, Auxiliary Devices, Orthopedic Devices, Dental Products, Aesthetic Devices, and Diabetic Products. Demand is largely driven by ease of use and handling, quality of diagnosis provided and eases of access to after sale services. Improvement in quality of healthcare services and enhanced focus of global players in providing service, training and support had positive impact on the market.

New Technologies Adoption, Emergence of Private Healthcare and Changing Lifestyle will Drive the Market for Medical Devices in Kuwait

The market for medical devices in the region is estimated to grow steadily and is primarily driven by diagnostic imaging products accounting for majority of the market share. Healthcare market which is largely dominated by government aided projects in past has seen increased participation of private players. Many of the private hospitals use some of the latest state of art technologically advanced medical devices. The product is majorly sold through the offline channel as products are ordered in bulk and in case of specialized devices many technical, quality parameters after sales services and training details are to be finalized making it easier to adopt offline channel or a mix of offline and online sales.

Increase in number of chronic diseases, better awareness, improved access to new treatment methods and access to well trained medical staff has resulted in increase in demand for healthcare facilities including medical devices in the country. The market consists of all the major players such as GE, Johnson and Johnson, Canon, Siemens and other major players in global medical devices industry thus boosting the confidence of patients in diagnosis.

Keywords:-

Medical Devices Market Kuwait

Medical Devices Import Kuwait

Kuwait Diagnostic Imaging Products

Diabetes Devices Market Kuwait

Kuwait Orthopedic Devices Market

Kuwait Healthcare Devices

Johnson And Johnson Kuwait Medical Devices

Artificial Intelligence Kuwait Medical Devices

Future Of Medical Devices Kuwait

Kuwait Medical Device Products

Import Of Medical Devices Kuwait

Medical Device Distributors Kuwait

Canon Kuwait Medical Devices

GE Kuwait Medical Devices

Diabetic Devices Market Kuwait

Online Medical Devices Market

Global Medical Devices Companies Kuwait

Porter Analysis Kuwait Medical Devices

Key Segments Covered:-

Types of Medical Devices:-

Orthopedic Devices

Auxiliary Devices

Medical Disposables

Diagnostic Imaging/ Radiology Equipments

Diabetic Products

Dental Products

Aesthetic Devices

Type of End Users:-

Public Sector

Private Sector

Type of sales Channel:-

Offline Sale

Online Sale

Key Target Audience:-

Hospitals

Doctors

Pharmacies

Medical Devices Manufacturers

Medical Devices Distributors

Diagnostic Labs

Ministry of Health

Period Captured in the Report:-

2012-2017 – Historical Period

2018-2022 – Future Forecast

Companies Covered:-

Major Manufacturers:-

General Electric Healthcare

Canon Medical System (Toshiba Medical)

Johnson and Johnson

Medatronics

Major Distributors:-

Advanced Technology Company

Al Essa Group

Bader Sultan

Safwan Trading

Al-Sayer Medical

Yiaco

Central Circle

Fourth Dimension

Tareq

For more information on the research report, refer to below link:-

https://kenresearch.com/healthcare/kuwait-medical-device-market.html

Related Reports:-

https://kenresearch.com/publisher/ken-research/singapore-healthcare-market-154981.html

https://kenresearch.com/healthcare/vietnam-medical-devices-market-143604.html

https://kenresearch.com/healthcare/indonesia-medical-devices-market-143545.html

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

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