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    Medical Technology Sector Banner

    Medical technology

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    Sector Overview

    The rapid transformation of the UAE’s healthcare sector has been brought about by new medical technology – a step of particular importance in light of the global pandemic.

    As a result, the focus is on further expanding the healthcare system by adopting innovative new technology and forging partnerships with leading hospitals, academic medical research entities, and medical technology companies.

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    Sector Key Numbers

    USD +5bn

    UAE demand of medicine per year

    USD 1bn

    The MVA in Medical Technology sector is expected to increase by USD 1bn in 2031

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    The UAE is focused on expanding its healthcare system through providing an attractive environment for startups (e.g., Dubai Science Park, 10 local start-up incubators)

    The UAE has the ability to leverage local academic research entities (e.g., Mohammed Bin Rashid Medical Research Institute, Sharjah Institute of Medical & Health Sciences)

    The UAE plans to further shorten the timeline for the approval of medical products (UAE already ranks among the fastest nations for drug approvals)

    Secure low-cost financing for the medical sector.

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    Active Pharmaceutical Ingredients
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    Testimonials

    Success Stories

    AstraGene Testimonial

    "MoIAT helped us in a big way at the beginning stages of our company. They introduced us to Emirates Development Bank and helped us secure an infrastructure loan as well as working capital which helped us to enhance our production. We were supported by DHA and exhibited at their stand as part of the “Made in Dubai” initiative. ‘Make it in the Emirates’ is an admirable program from the UAE Government. Entrepreneurs in the UAE have a number of unique advantages. The UAE is a stable, peaceful, tolerant, and multiracial country. It is well connected by air and sea (for export and import). There is a great transparency of governance with easy access to government officials. We have an excellent infrastructure and a number of government programs to enhance investment. The most important is the great vision of the country’s leaders with supportive government leaders and officials wanting UAE to be the best country to live in the world".

    Dr. Palat K Menon
    Founder & CEO, AstraGene

    Medical Technology Sector Stories
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    Where to Invest

    Industrial Sectors

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    Food - Beverage and Agricultural Technology Sector

    UAE is becoming a major hub for F&B trade in the MENA region. The food and beverage (F&B) industry is one of the fastest growing and most competitive sectors in the UAE

    Advanced Manufacturing Sector

    Advanced technology industries provide a benchmark for a nation’s development. The UAE’s pursuit of its vision to become a leading and advanced nation is reflected in its policies and market reforms in this area

    Electrical Equipment and Electronics Sector

    UAE is one of the highest ranked countries for the consumption of consumer electronics and appliances. Furthermore, due to its strategic location, Dubai in particular, has been an important supplier of electronic products to the Middle East, Africa and CIS countries.

    Heavy industries Sector

    The UAE heavy industry is growing rapidly and plays an increasingly major role in contributing to the nation's GDP

    Hydrogen Sector

    The UAE is rich in hydrocarbons and has a diversified energy mix, from natural gas to solar energy. This places the UAE among the leading countries with potential of developing hydrogen energy sector further, building on the extensive experience and expertise in the oil & gas and renewable energy sectors. Hydrogen production from hydrocarbons presents an important steppingstone

    Machinery and Equipment Sector

    The United Arab Emirates is focused on growing the manufacture of machinery and equipment, considering it a sector of vital importance

    Medical technology

    The UAE’s healthcare sector is being transformed by new medical technologies that have taken on increased importance in light of the global pandemic. The UAE is focused on expanding its healthcare system, adopting innovative new technologies, and forging partnerships with leading hospitals and medical technology companies

    Petrochemicals and Chemical Products Sector

    The petrochemicals and chemical products industry is one of the most important sectors in the UAE. It has contributed to the diversification of its economy and has significant export opportunities.

    Pharmaceuticals Sector

    The UAE pharmaceutical sector is expanding rapidly to meet the evolving needs of a growing population. The UAE is focused on developing local manufacturers of pharmaceutical products as well as attracting international pharmaceutical companies to the country to achieve self sufficiency and build knowledge and expertise.

    Rubber and Plastics Sector

    The UAE rubber and plastics industry is one of the largest and most important industries in the UAE after oil and gas. Due to its high quality and added value, the UAE rubber and plastics industry has made worldwide leaps in recent years, allowing it to access more than 60 global markets spanning six continents.

    Space Technology Sector

    The UAE is seeking opportunities to explore celestial bodies, develop satellite communication technologies and deploy the latest space technologies in terrestrial applications.
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