DIH Expands Strategic Partnership with Zahrawi Group
DIH (NASDAQ: DHAI) announced the expansion of its strategic partnership with Zahrawi Group to include Saudi Arabia, extending their collaboration that began in 2019. The partnership now covers four countries: UAE, Qatar, Bahrain, and Saudi Arabia.
The expanded collaboration aims to enhance the distribution of DIH's advanced robotic rehabilitation devices across these regions, leveraging Zahrawi Group's established presence in the Gulf Cooperation Council healthcare sector. DIH's technology incorporates visual stimulation for clinical research and functional rehabilitation in patients with walking impairments, reduced balance, and impaired arm and hand functions.
Dr. Patrick Bruno, DIH's Chief Market Officer, emphasized the partnership's focus on making advanced medical technologies more accessible to healthcare providers across the four countries. Abdulrahman Ramadan, Zahrawi Group's CEO, confirmed the alignment with their mission to provide innovative healthcare solutions.
DIH (NASDAQ: DHAI) ha annunciato l'espansione della sua partnership strategica con Zahrawi Group per includere l'Arabia Saudita, estendendo la loro collaborazione che è iniziata nel 2019. La partnership ora copre quattro paesi: Emirati Arabi Uniti, Qatar, Bahrein e Arabia Saudita.
La collaborazione ampliata mira a migliorare la distribuzione dei dispositivi di riabilitazione robotica avanzata di DIH in queste aree, sfruttando la presenza consolidata di Zahrawi Group nel settore sanitario del Consiglio di Cooperazione del Golfo. La tecnologia di DIH incorpora stimolazione visiva per la ricerca clinica e la riabilitazione funzionale in pazienti con problemi di deambulazione, equilibrio ridotto e funzioni degli arti superiori compromesse.
Il Dr. Patrick Bruno, Chief Market Officer di DIH, ha sottolineato l'obiettivo della partnership di rendere le tecnologie mediche avanzate più accessibili ai fornitori di servizi sanitari nei quattro paesi. Abdulrahman Ramadan, CEO di Zahrawi Group, ha confermato l'allineamento con la loro missione di fornire soluzioni sanitarie innovative.
DIH (NASDAQ: DHAI) anunció la expansión de su asociación estratégica con Zahrawi Group para incluir Arabia Saudita, extendiendo su colaboración que comenzó en 2019. La asociación ahora abarca cuatro países: Emiratos Árabes Unidos, Qatar, Baréin y Arabia Saudita.
La colaboración ampliada tiene como objetivo mejorar la distribución de los dispositivos avanzados de rehabilitación robótica de DIH en estas regiones, aprovechando la presencia consolidada de Zahrawi Group en el sector de atención médica del Consejo de Cooperación del Golfo. La tecnología de DIH incorpora estimulación visual para la investigación clínica y la rehabilitación funcional en pacientes con problemas de marcha, equilibrio reducido y funciones de brazos y manos afectadas.
El Dr. Patrick Bruno, Director de Mercado de DIH, enfatizó el enfoque de la asociación en hacer que las tecnologías médicas avanzadas sean más accesibles para los proveedores de atención médica en los cuatro países. Abdulrahman Ramadan, CEO de Zahrawi Group, confirmó la alineación con su misión de proporcionar soluciones de atención médica innovadoras.
DIH (NASDAQ: DHAI)는 Zahrawi Group과의 전략적 파트너십을 확장하여 사우디 아라비아를 포함시키고, 2019년에 시작된 협력을 연장했다고 발표했습니다. 이 파트너십은 이제 아랍에미리트, 카타르, 바레인, 그리고 사우디 아라비아의 네 나라를 포괄합니다.
확대된 협력은 DIH의 첨단 로봇 재활 장치의 배급을 이 지역에서 향상시키는 것을 목표로 하며, Zahrawi Group의 걸프 협력 회의(GCC) 헬스케어 분야에서의 확고한 존재감을 활용합니다. DIH의 기술은 걷기 장애, 균형 저하 및 팔과 손 기능 저하 환자들의 임상 연구와 기능적 재활을 위한 시각적 자극을 포함합니다.
DIH의 최고 마케팅 책임자인 Patrick Bruno 박사는 파트너십의 초점이 네 나라의 의료 제공자들에게 첨단 의료 기술을 더욱 접근 가능하게 만드는 것임을 강조했습니다. Zahrawi Group의 CEO인 Abdulrahman Ramadan은 혁신적인 헬스케어 솔루션을 제공하겠다는 미션에 대한 일치를 확인했습니다.
DIH (NASDAQ: DHAI) a annoncé l'expansion de son partenariat stratégique avec Zahrawi Group pour inclure l'Arabie Saoudite, étendant leur collaboration qui a commencé en 2019. Le partenariat couvre désormais quatre pays : ÉAU, Qatar, Bahreïn et Arabie Saoudite.
La collaboration élargie vise à améliorer la distribution des dispositifs de réhabilitation robotique avancés de DIH dans ces régions, en tirant parti de la présence bien établie du Zahrawi Group dans le secteur de la santé du Conseil de coopération du Golfe. La technologie de DIH intègre une stimulation visuelle pour la recherche clinique et la réhabilitation fonctionnelle chez les patients souffrant de troubles de la marche, de déséquilibres réduits et de fonctions des bras et des mains altérées.
Dr. Patrick Bruno, Directeur Marketing de DIH, a souligné que le partenariat vise à rendre les technologies médicales avancées plus accessibles aux prestataires de soins de santé dans les quatre pays. Abdulrahman Ramadan, PDG de Zahrawi Group, a confirmé l'alignement avec leur mission de fournir des solutions de santé innovantes.
DIH (NASDAQ: DHAI) hat die Expansion seiner strategischen Partnerschaft mit Zahrawi Group bekannt gegeben, um Saudi-Arabien einzubeziehen und die Zusammenarbeit, die 2019 begann, auszudehnen. Die Partnerschaft umfasst nun vier Länder: VAE, Katar, Bahrain und Saudi-Arabien.
Die erweiterte Zusammenarbeit zielt darauf ab, die Verteilung der fortschrittlichen robotergestützten Rehabilitationsgeräte von DIH in diesen Regionen zu verbessern und dabei die etablierte Präsenz von Zahrawi Group im Gesundheitssektor des Golf-Kooperationsrates zu nutzen. Die Technologie von DIH umfasst visuelle Stimulation für klinische Forschung und funktionelle Rehabilitation bei Patienten mit Gehbehinderungen, eingeschränktem Gleichgewicht sowie beeinträchtigter Arm- und Handfunktion.
Dr. Patrick Bruno, Chief Market Officer von DIH, betonte, dass der Fokus der Partnerschaft darauf liegt, fortschrittliche Medizintechnologien für Gesundheitsdienstleister in den vier Ländern zugänglicher zu machen. Abdulrahman Ramadan, CEO der Zahrawi Group, bestätigte die Ausrichtung auf ihre Mission, innovative Gesundheitslösungen bereitzustellen.
- Geographic expansion into Saudi Arabia, increasing market presence in the Gulf region
- Strategic partnership enhancement with established regional healthcare provider
- Access to four key Middle Eastern markets through distribution network
- None.
Insights
The expansion of DIH's partnership with Zahrawi Group into Saudi Arabia marks a strategic milestone for the company's Middle Eastern presence. Saudi Arabia's healthcare market, projected to reach
The partnership extension builds upon an established four-year track record of successful collaboration in other GCC countries, reducing execution risk. Zahrawi Group's three-decade presence in the region provides DIH with immediate access to an extensive distribution network and established relationships with key healthcare providers. This is particularly valuable given Saudi Arabia's complex healthcare procurement processes and regulatory requirements.
While the immediate revenue impact may be gradual due to typical sales cycles in medical devices, this expansion positions DIH to capture market share in what is becoming one of the world's fastest-growing healthcare markets. The Saudi market alone represents a potential addressable market 3-4 times larger than DIH's current GCC presence combined, considering population size and healthcare spending patterns.
NORWELL, Mass. and DUBAI, United Arab Emirates, Feb. 04, 2025 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. ("DIH")(NASDAQ:DHAI), a global provider of advanced robotic devices used in rehabilitation, which incorporate visual stimulation in an interactive manner to enable clinical research and intensive functional rehabilitation and training in patients with walking impairments, reduced balance and/or impaired arm and hand functions, today announced the expansion of their strategic partnership with Zahrawi Group (MTC Company), DIH's representative and sales partner, to include Saudi Arabia. Building on a successful collaboration that started in 2019, the partnership now spans four countries: the United Arab Emirates, Qatar, Bahrain, and Saudi Arabia.
Established in 1989 in Dubai, UAE, Zahrawi Group (MTC Company) is one of the leading and pioneer Medical Devices and Life Science providers in the Gulf Cooperation Council, continuously expanding, progressing, and contributing to the prosperity of the people and economy of the region.
The expansion aims to enhance the distribution and accessibility of DIH's innovative rehabilitation solutions across these regions, leveraging Zahrawi Group's (MTC Company) established presence and expertise in the healthcare sector. The collaboration will focus on delivering state-of-the-art technologies to improve patient outcomes and support healthcare professionals with cutting-edge tools.
"We are excited to broaden our partnership with Zahrawi Group (MTC Company), a company that shares our commitment to excellence and innovation in healthcare," said Dr. Patrick Bruno, Chief Market Officer at DIH. "Together, we will work to ensure that our advanced medical technologies are accessible to healthcare providers across these four countries, ultimately benefiting patients and supporting the advancement of medical care in the region."
"Extending our partnership with DIH aligns with our mission to provide smart solutions, innovative products, and outstanding services to improve people's lives every day," said Abdulrahman Ramadan, Group CEO of Zahrawi Group (MTC Company). "We are confident that this collaboration will bring significant advancements to the rehabilitation landscape in the UAE, Qatar, Bahrain, and Saudi Arabia."
The expanded partnership underscores both companies' dedication to fostering innovation and delivering high-quality rehabilitation solutions. By combining DIH's technological expertise with Zahrawi Group's (MTC Company) regional experience, the collaboration is poised to make a meaningful impact on rehabilitation services delivery in the Middle East.
About DIH Holding US, Inc.
DIH stands for the vision to “Deliver Inspiration & Health” to improve the daily lives of millions of people with disabilities and functional impairments through providing devices and solutions enabling intensive rehabilitation. DIH is a global provider of advanced robotic devices used in physical rehabilitation, which incorporate visual stimulation in an interactive manner to enable clinical research and intensive functional rehabilitation and training in patients with walking impairments, reduced balance and/or impaired arm and hand functions. Built through the mergers of global-leading niche technology providers, DIH is a transformative rehabilitation solutions provider and consolidator of a largely fragmented and manual-labor-driven industry.
About Zahrawi Group (MTC Company)
Zahrawi Group (MTC Company) is a pioneer Medical Devices and Life Science Distributor in the Gulf region, with a presence in UAE, KSA, Qatar, Oman, and Bahrain. Zahrawi Group (MTC Company) is specialized in Surgical, Medical, Nuclear Medicine, Diagnostic, and Analytical Lab solutions, and was founded with a vision to be the leading and most trusted partner in the GCC. Zahrawi Group is committed to improving people’s lives by introducing innovative Healthcare products, Smart solutions, and Outstanding services. For more information, visit www.zahrawigroup.com.
Caution Regarding Forward-Looking Statements
This press release contains certain statements which are not historical facts, which are forward-looking statements within the meaning of the federal securities laws, for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include certain statements made with respect to the business combination, the services offered by DIH and the markets in which it operates, and DIH’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions provided for illustrative purposes only, and projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. These risks and uncertainties include, but are not limited to: general economic, political and business conditions; those factors identified in our "Risk Factors" included in our periodic filings with SEC; the ability of DIH to achieve its projected revenue, and its continued access to sources of additional debt or equity capital if needed. While DIH may elect to update these forward-looking statements at some point in the future, DIH specifically disclaims any obligation to do so.
Investor Contact
Greg Chodaczek
Investor.relations@dih.com
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