2014-01-09 05:42:04 - UAE Diabetes Market Opportunity Analysis 2018 - a new market research report on companiesandmarkets.com
UAE reports one of the highest rates of Type 2 diabetes which places signifant pressure on societal costs not only because of the increased pressure on the healthcare system but also due to loss of productivity and the morbidity and mortality issues associated with the disease.The total number of UAE diabetes patients is estimated to total 0.75 million by the end of 2013 as high obesity and rising sedentary lifestyles and unhealthy diets drive an increase in the rates of diabetes seen in the population. It is forecast that in the UAE, the number of diabetics will rise at an annual rate of between 4% to 6%. This rate is almost double the global rate of increase reported elsewhere over
the same period. By 2018, the number of diabetics in UAE is forecast to total 0.85 million.The production of diabetes devices is not significant in the UAE. Only basic items such as syringes are manufactured in the UAE. Though the government is encouraging private entities and other public companies to increase the local domestic production sector, but the major hurdle is that UAE is not well equipped and does not posses the required capability to produce any high-tech equipment. The country is thus a net importer of devices used for diabetes care.
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