Medical testing is the medical process that serves to diagnose, detect, or monitor diseases, disease procedures, or susceptibility to infection, or to determine a course of treatment. Medical examinations Likewise, visual examinations, physical and genetic examinations, diagnostic imaging, chemical and cytological analysis in relation to clinical chemistry and molecular diagnostics, work classically in the medical setting. Whereas diagnostic testing is a process that works to ensure or determine the presence of disease in a single person suspected of having a syndrome, primarily after symptoms have been reported, or based on the results of other medical tests. This includes postmortem diagnosis.
According to the analysis of the report,Current Analysis and Forecast of the UAE Diagnostic and Medical Tests Market (2017-2026)” It states that with the significant growth in lifestyle diseases, shift in care models and leading healthcare delivery methods across the globe including the goal of preventive rather than curative care, the medical diagnostics and testing industry across the UAE is well poised for the increase. Clinical Laboratory Services is a critical unit of healthcare due to its impact and efficiency to deliver consistent, high-quality healthcare to patients. Laboratory tests support the determination of the presence, extent, or absence of disease and the monitoring of treatment efficacy.
Some of the major players operating in the market are 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. Several mergers and acquisitions along with partnerships have been conducted by these players to enhance their presence in different countries in the region.
Although NRL, Al Borg Lab, Medsol, MENA Labs, Purehealth, Unilabs, Cleveland Clinic Abu Dhabi, SRL Diagnostics, Thumbay Labs, Life Diagnostics and Yok Labs are some of the prominent players operating in the UAE medical diagnostics and testing market. . Several mergers and acquisitions along with partnerships have been conducted by these players to simplify the customers with leading high tech products/technologies.
Based on the test model, the medical diagnostics and tests market in the UAE is categorized into internal and external. Among the Test Prototype, it was recorded internally for a market estimate of USD XX during 2020 and is projected to reach USD XX Million by 2026, at a CAGR of XX% during the analyzed period. The internal test model is less luxurious, convenient and discreet as well as helping to diagnose disease at an early stage. Therefore, the in-house test model is expected to capture a noteworthy market share in the expected duration as well.
Moreover, other aspects such as the ease of availability of devices, the growth of awareness associated with the use of medical diagnostic and testing products, and the presence of a large elderly population suffering from several chronic syndromes, which also ensure the growth of the market. Not only that, but the presence of a large number of major players in the UAE is another key aspect that drives the diagnostics and medical tests market. Therefore, in the coming years, the market for diagnostic and medical tests around the UAE is expected to grow more efficiently during the coming years.
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UAE market for diagnostics and medical tests
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UAE Diagnostic and Medical Tests Market, Analysis, Revenue, Shares, Size, Major Players, Growth, Trends, Forecast, Competition, Future Forecast and Impact of COVID-19: Kane Research appeared first on Kane Research.