The UAE’s healthcare industry will experience growth at a compounded annual growth rate (CAGR) of 16 per cent over the next two years, according to a recent report.

The country is witnessing a tremendous increase in the demand for healthcare services and professionals, indicating a proportional increase in spending, added the report from RNCOS, a leading business research and intelligence firm.

Tripp Lite, a leading manufacturer of power protection equipment, is poised to play a major role in the healthcare segment’s development with its portfolio of healthcare medical solutions, a statement said.

Currently the company offers a suite of products, including power protection, power supplies and IEC 60601-1 regulatory compliance solutions that can be used in hospitals, clinics, laboratories and other healthcare facilities.

“The country’s healthcare segment has maintained robust growth over the last few years, demonstrating both the public and the private sector’s strong commitment towards enhancing the quality of medical services and facilities,” said Vipin Sharma, vice president, Middle East Africa and CIS Sales, Tripp Lite.

“Understanding the potential of this market segment, we are now implementing initiatives to expand our market share, which we aim to do by leveraging our healthcare medical solutions that can be used extensively across various medical facilities and institutions in the UAE.”

The company’s range of healthcare power protection solutions is composed of medical-grade UPS Systems, mobile power solutions and surge suppressors supporting a wide range of equipment and applications both inside and outside patient care areas.

“From a global perspective, a lot of leading healthcare institutions have chosen Tripp Lite as their strategic partner to address their power protection needs,” said Molly Jantzen, global director for Medical Sales & Marketing, Tripp Lite.

“We offer fully integrated vendor neutral solutions that works compatibly with any system. Utilizing our diverse range of products will give our healthcare-based customers the security and confidence of using a solution that is both cost effective and eco-friendly, driving in savings that can be used to improve on other resources needed to run their clinics and hospitals more efficiently,” Jantzen concluded. – TradeArabia News Service