Domestic Medical Device Market Forecast Revised Down As Re-Exporting Surges Ahead

BMI View: The UAE's status in the Middle East as the regional epicentre of trade and transport will provide considerable opportunities to distributors in Abu Dhabi that re-export medical devices to the rest of the countries in the Gulf Cooperation Council (GCC). The GCC is currently embarking on a hospital construction spree to keep up with its population's growing demand for high quality healthcare and the Arab Spring will only serve to increase demand for medical device imports. The UAE's domestic market has not fared well in nominal terms in recent years as the introduction of a tendering system and

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