Post-Covid-19 MedTech Industry Growth Analysis in the GCC Countries
The Covid-19 outbreak has severely impacted the global economy. Like other countries, the GCC countries have also experienced a significant impact on various industries including the MedTech sector. It has hampered the demand of the patients and customers for medical devices and services. While the demand for the PPEs, COVID 19 diagnostic kits, telemedicine, and remote engagement services, has touched a new height. To support the MedTech industry, governments in the GCC have initiated several measures such as launching social infrastructure projects, the introduction of smart monitors and AI-associated medical devices, adoption of wearable technologies among patients, providing access to the COVID-19 combating devices, ease in guidelines related to medical devices, and introduction to innovative electronic platforms, among several others. Analyzing the trend over the past few years before Covid-19, the GCC countries have made rapid advancements in the MedTech industry. During the...