Gulf Medical University

Thumbay International Research Grant of AED 3 Million to Fuel Innovation and Impact -25/26 Through this grant Gulf Medical University to be a leading research-based university in the United Arab Emirates. In the next two years, we hope to increase the Grant amount to AED 10 Million.” — Dr. Thumbay Moideen, Founder President of Thumbay Group AJMAN, UNITED ARAB EMIRATES, July 7, 2025 / EINPresswire.com / -- In a bold step to propel global medical research and healthcare innovation, Thumbay Group—through its academic flagship Gulf Medical University (GMU)—has launched the Second Cycle of the Thumbay International Research Grant 2025/26. With a total allocation of AED 3 million, the grant reaffirms Thumbay Group’s commitment to empowering research that transforms lives, strengthens healthcare systems, and addresses real-world challenges. This initiative invites visionary researchers from around the world to submit proposals that are rooted in innovation, evidence-based methodology, and interdisciplinary collaboration. The focus areas include some of the most critical frontiers in healthcare: precision oncology, drug discovery, AI applications in medicine, public health, healthcare systems and health economics, veterinary medicine, and innovation in medical education. The grant serves as a powerful platform that connects scientific discovery with societal progress. It is designed to nurture research that delivers tangible outcomes in patient care, medical education, and the integration of technology in healthcare systems. At its core lies a belief in the transformative power of ideas. Through this initiative, we are investing in visionary minds and trailblazers whose work will shape the future of medicine and spark the next generation of breakthroughs. Commenting on the announcement, Dr. Thumbay Moideen, Founder President of Thumbay Group, said, “Through this grant, we are investing to make Gulf Medical University a leading research-based university and United Arab Emirates to be a Hub for research and innovation. In the next two years, we hope to increase the Grant amount to AED 10 Million.” Echoing the founder’s vision, Prof. Manda Venkatramana, Acting Chancellor at GMU, added, “Our goal is to create an ecosystem where research is not confined to the lab but extended into clinics and communities, making an impact on patient outcomes. With over 100 leading industry partners, GMU is proud to serve as the launchpad for innovation with purpose.” Proposals are now being accepted, with a submission deadline of November 30, 2025. Interested researchers can visit www.gmu.ac.ae . This initiative by Thumbay Group once again places the UAE at the heart of global efforts to foster cutting-edge research, proving that when visionary leadership meets purpose-driven science, the possibilities are limitless. Gulf Medical University is one of the region’s leading academic health centers, known for its innovation-driven medical education and global collaborations. With over 90 nationalities represented on campus and partnerships with more than 60 universities worldwide, GMU is committed to shaping future healthcare leaders. vignesh Thumbay Media +971 55 881 0655 email us here Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

DUBLIN--( BUSINESS WIRE )--The "KSA Medical Devices Market Outlook to 2026 -Driven by Increasing Prevalence of Chronic Diseases, Growing Healthcare Awareness and Rising Healthcare Budget in the Country" report has been added to ResearchAndMarkets.com's offering. "KSA Medical Devices Outlook to 2026 provides a comprehensive analysis on the status of the medical device market in KSA. The report covers various aspects including the current market scenario in KSA, procurement and pricing trends, market potential of each medical device, major growth drivers, tech disruptions and innovations, and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and business activity. KSA Medical Device Market Overview and Size: KSA is the largest medical device market in the Middle East region, growing at single digit CAGR in 2016-2021. It is a highly price sensitive and import dependent market with advanced medical devices imported from countries such as US, Germany, Japan and China. About half of locally manufactured devices are single-use devices are made out of plastic. KSA's increasing budget allocation for the healthcare sector and ongoing healthcare development projects has played a pivotal role in the continued growth. KSA Medical Device Market Segmentation: By Procurement: Imports have accounted for majority of the revenue share in KSA Medical Device Market in 2021. The imports are largely related to more sophisticated medical and surgical instruments and infrastructure. By Mode of Sales: Distributor Mediated Sales have accounted for majority of the revenue in KSA Medical Device Market in 2021. Majority of the international companies hire distributors in KSA for the purposes of monitoring business opportunities, navigating import and standard testing regulations, and identifying public sector sales and contract opportunities. By Type of Medical Device: Medical Consumables have accounted for the largest revenue share in KSA Medical Devices market in 2021, followed by Diagnostic Imaging product and Cardiac Products with Public & private hospitals making up the major end users for each segment/sub-segment of the industry. By Type of Medical Consumables: Syringes, Needles and Catheters, Surgical Gloves and Masks and Infusion Pumps contributed significant share in revenue during 2021. Rising prevalence of Hospital Acquired Infections (HAIs) and Covid-19 pandemic encouraged many local manufacturers to enter the market for medical disposables. By Type of Diagnostic Imaging Products: CT Scans contributed the highest revenue share in 2021 followed by MRI and X-Ray Based Products. Increasing prevalence of cancer and other chronic diseases and growing ageing population are driving the demand for diagnostic imaging equipment in KSA. By Type of Cardiac Devices: Implantable Cardioverter- Defibrillator (ICD) and Cardiac Rhythm Management (CRM) have accounted for the major share in the KSA medical device market in 2021. Various specialized clinics focused at treating cardiovascular diseases are becoming prevalent in KSA. By Type of Respiratory Products: Oxygen Concentrators contributed highest revenue share in 2021 owing to Covid-19 pandemic. The KSA population has high risk of exposures to chronic obstructive pulmonary disease (COPD) and asthma. By Type of Hospital Furniture: Hospital Beds with Mechanical Fittings and Dentists' Chairs contributed highest revenue share in 2021. Increasing incidences of chronic diseases, rise in geriatric population and growing hospital investments are leading to an increasing need for better patient-care and enhanced operational efficiency in KSA. By Type of Auxiliary Products: Hearing Aids have accounted for the major share in the KSA medical devices market in 2021. Rising occurrence of hearing loss of geriatric population, increasing initiatives by governments and NGOs to raise consciousness about hearing loss treatments are factors boosting the demand for hearing aid devices in KSA market. By Type of Dental and Orthopedic Products: Dental Appliances contributed the highest revenue in 2021. The increasing prevalence of oral diseases, an inclination towards the use of minimally invasive procedures and rise in the number of dentists are propelling the growth of the market. By End Users: Hospitals contributed highest to the market revenue in KSA Medical Devices Market in 2021. Currently public sector hospitals represent approximately more than 75% of bed capacity in KSA. By Region: Riyadh contributed highest to the market revenue in KSA Medical Devices Market in 2021. It has one of the best hospital facilities in Middle East which are at par with international standards. Competitive Landscape in the KSA Medical Market: The competition scenario in KSA medical devices market is moderately fragmented due to the presence of large number of international companies and local distributors leading to dilution of market share. The international companies distribute their products through authorized distributors located across the country. GE, Siemens, Philips, Hill-rom, Straumann, Phonak, Stryker are the major companies operating in the KSA Medical Device market. Gulf Medical, Mediserv, FMS, Al-Jeel Medical and Tamer Group are few top distributors in KSA. The major competitive parameters include product price, technological advancements, product portfolio variability, after support services and marketing activities. KSA Medical Device Market Outlook & Projections The KSA medical device market is expected to a positive growth in revenue in 2026, with imports contributing highest share to the market revenues. Changes in population composition will drive future healthcare requirements and will create demand for a number of specialisms; pediatrics, lifestyle diseases, long-term care, rehabilitation, home care, and rejuvenation services. Government is planning to invest in private sector integration to create effective strategic partnerships in the pursuit of national health objectives and promotion of fair and comprehensive geographical coverage across all regions of the Kingdom. Companies Covered Abbott Baxter B. Braun Becton Dickinson (BD) Boston Scientific Canon Cochlear Drager Fresenius Medical Care Fujifilm GE Healthcare Getinge Hill-Rom Holdings Inc. Hitachi Invacare Corporation Johnson & Johnson Medtronic Nihon Kohden Oticon Paramount Bed Holdings Philips HealthTech Siemens Healthineers Smith & Nephew Stryker Widex Zimmer Biomet Key Segments Covered By Type of Business Activity Import Local Production By Mode of Selling Distributor Mediated Direct Sales By Type of Device Medical Consumables Diagnostic Imaging Products Respiratory Products Dental and Orthopedic Products Cardiac Device Hospital Furniture Auxiliary Devices Ophthalmic Devices Dialysis Machine Others By Type of Medical Consumable Surgical Gloves and Masks Syringes, Needles and Catheters Intravenous Administration Set Sutures and catgut Infusion Pumps Ostomy Bandages, Dressings and Others By Type of Diagnostic Imaging Product CT Scan X-ray Based Products Ultrasound MRI Electro diagnostic apparatus (Functional Examination) ECG Others By Type of Cardiac Device Angioplasty Device Cardiac Rhythm Management ICD Implants Pacemakers Heart-Lung Machines Others By Type of Respiratory Products Oxygen Concentrator Nebulizers Humidifier Ventilators Airway Pressure devices Others By Type of Hospital Furniture Hospital Beds with Mechanical Fittings and Dentists' Chairs Operating Tables Examination Tables Medical, surgical, dental or veterinary furniture Others By Type of Auxiliary Product Hearing Aids Artificial body parts (excluding artificial teeth and joints) Others By Type of Dental and Orthopedic Products Orthopedic Appliances Artificial teeth and dental fittings Dental appliances Surgical Belts Trusses Crutches Others By Type of End-Users Hospitals Clinics Labs and Others By Type of Region Riyahd Dammam and Al Khobar Jeddah Al-Qassim and Aseer Province Others Key Target Audience Medical Device Manufacturers Medical Device Distributors Medical Device Importers Research organizations and consulting companies Government bodies such as regulating authorities and policy makers Market research and Consulting firms Time Period Captured in the Report: Historical Period - 2016-2021 Forecast Period -2021-2026F For more information about this report visit https://www.researchandmarkets.com/r/fmpaf6 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. 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