The diagnostic and medical testing is type of medical test functioned to aid in the diagnose or detection of any syndrome. Such test plays an essential role in the control, prevention and surveillance of any syndrome. The diagnostic and medical testing support in advancing the patient care, underwriting to customer protection, and decreasing the healthcare expenditure.
According to the report analysis, ‘UAE Diagnostic and Medical Testing Market Current Analysis and Forecast (2017-2026)’ states that some of the foremost players operating in the market comprise NRL (National Reference Laboratories), Al Borg lab, Medsol, MENA Labs, Purehealth, Unilabs, Cleveland Clinic Abu Dhabi, SRL Diagnostics UAE, Thumbay Labs, Life Diagnostics & York Lab. Numerous M&A’s along with partnerships have been commenced by such players to boost their existence in dissimilar countries in the region.
In addition, with the significant rise in lifestyle diseases, movement in care models and innovative healthcare delivery approaches worldwide comprising the aim on preventative rather than curative care, the diagnostics & medical testing industry across the UAE is well poised to augment. The Clinical laboratory services are a critical component of the healthcare sphere provided their impact and efficiency to deliver consistent and high-quality healthcare to patients. Laboratory tests support determine the existence, greatness or absence of disease and monitor the efficiency of treatment. Clinical Laboratory services are classified into 2 broad groups: pathology testing and imaging laboratory services. As per Frost & Sullivan’s research during 2019, Abu Dhabi & Dubai collectively underwritten up to 82% of the test volumes of the entire laboratory market across UAE. Both Emirates have healthier healthcare infrastructure in the form of hospitals, clinics and laboratory centers along with higher penetration in the private healthcare segment.
Based on the type of testing, the market is classified into Routine Testing, & Specialized Testing. The Routine Testing segment gripped the foremost market and dominated the market. The segment produced revenue of USD xx million during 2020.Based on the type of players, the market is categorized into public institutions, Private clinics and private hospitals, & Independent laboratories. Whereas, the Private clinics and private hospitals sector grabbed the foremost market and registered the market. The segment generated revenue of USD xx million during 2020.
Based on the end user, the market is classified into B2B End-users, B2C End-users, and Lab Management & COVID. The B2B End-users segment captured the foremost market and registered the market. The segment created revenue of USD xx million during 2020. For a better understanding of the market implementation of the UAE Diagnostics and Medical Testing, the market is analysed reliant on its regional demand in the regions such as Dubai, Abu Dhabi & Rest of UAE. Abu Dhabi registered the market and produced xx million in terms of volume during 2020 due to greater number of laboratories, augmented spending in health infrastructure & government aim & favorable policies on healthcare across the country. Therefore, in the near years, it is predicted that the market of diagnostic and medical testing will increase around the region more proficiently over the incoming duration.
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UAE Diagnostic and Medical Testing Market
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