UAE healthcare market forecasted to grow at CAGR of 16 per cent over the next two years

Jan. 31, 2012 - PRLog -- It has been predicted that the UAE’s healthcare industry will experience continuous growth at a compounded annual growth rate (CAGR) of 16 per cent over the next two years, according to a recent report from RNCOS, a leading business research and intelligence firm. The report shares that the country is witnessing a tremendous increase in the demand for healthcare services and professionals, indicating a proportional increase in spending.

Setting their sights on becoming a major part of this segment’s continued development, Tripp Lite, a world-leading manufacturer of power protection equipment, is poised to play a major role in the healthcare segment’s development with its diverse portfolio of healthcare medical solutions. Currently the company offers an impressive 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 broad 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. Tripp Lite is strategically placed in the market as the only company that can provide solutions from patient room to server room. All medical grade models include built-in Faraday shielding that provides full line isolation and reduces the cumulative leakage current of connected equipment to less than 100 μA for optimal safety. Full isolation also provides continuous noise filtering and enhanced common mode surge suppression.

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


About Tripp Lite
Outstanding product reliability and exceptional service have been Tripp Lite trademarks for more than 90 years. As the world’s leading manufacturer of power protection equipment, Tripp Lite is focusing on positioning itself as a premier provider of integrated solutions for the healthcare segment. The company powers, protects, secures, cools, controls and connects electrical and electronic equipment of server rooms to patient rooms of healthcare facilities like hospitals, laboratories and clinics. Tripp Lite innovations include the first UPS system designed specifically for personal computers and the world’s most trusted premium surge suppressor—the Isobar®—with more than 16 million in use. Tripp Lite maintains the highest level of ready-to-ship inventory in the industry with more than 1,000 different products, including UPS systems, surge suppressors, line conditioners, power inverters, cables, connectivity products and network management accessories. Headquartered in Chicago, Illinois, Tripp Lite maintains a global presence with fully staffed offices worldwide. Tripp Lite’s vision is built on the bedrock of its values: unsurpassed reliability, enhanced service and the highest quality products available. Additional information, including a list of Tripp Lite sales offices and authorized reseller partners, can be found by calling Tripp Lite Middle East and Africa at (741.4.887.1633), by e-mailing santosh_pania@tripplite.com or by visiting Tripp Lite’s website: www.tripplite.com