A recent report published by
Infinium Global Research on the GCC telemedicine
market provides in-depth analysis of segments and sub-segments in the GCC as
well as regional telemedicine market. The study also highlights the impact of
drivers, restraints, and macro indicators on the GCC and regional GCC telemedicine market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecast and dollar values of
GCC telemedicine market. According to the report, the GCC telemedicine market
is projected to grow at a CAGR of 25% over the forecast period of 2021-2027.
Telemedicine is a part of
telehealth that deals with both remote clinical service delivery and the
non-clinical part of the healthcare system. Telemedicine includes remote
delivery of healthcare services such as health assessment or consultation over
telecommunication. Healthcare professionals can examine, diagnose, and treat
patients almost anytime, from anywhere without the need for an in-person visit.
Telemedicine allows healthcare providers to offer services by using devices
such as phones, computers, or others. Telemedicine offers a large number of
advantages such as diagnosis of common infections, allergies, mental health
problems, and routine follow-up visits for surgery or illness. In addition,
telemedicine enables health data sharing through devices such as smartphones,
wearables, and medical devices. Also, this technology assists in sending
X-rays, ultrasound photos and images, and improves access to the specialist.
Moreover, Telemedicine is used to set up virtual visits and at the same time
provide education, such as explaining how to use an inhaler.
The COVID-19 pandemic had a fairly
positive impact on the GCC
telemedicine market over a short as well as long time period. A
large number of people were infected by the COVID-19, and many people lost
their lives. Health problems other than COVID-19 were neglected had a serious
impact on the health of people. However, due to the government restrictions,
and concerns over the spread of infection, people avoided going out of their
houses. Telemedicine solutions helped people address their health concerns
while staying indoors and avoiding going out. Moreover, the pandemic improved
the awareness among people regarding health and fitness. This, in turn,
augmented the adoption of telemedicine solutions among the people over the
period of the pandemic. Furthermore, many people who recovered from COVID-19
reported developing other health problems such as sleep problems, rashes, and
fatigue. The growing cases of post-COVID disorders among recovered patients are
anticipated to boost the market growth for telemedicine.
Continuous technological
innovations, growing demand for remote patient monitoring, high prevalence of
chronic diseases, and increasing geriatric population are considered to be the
driving factors for the growth of the GCC telemedicine
market. Moreover, features offered by telemedicine are supporting the adoption
of telemedicine technology across the GCC countries. In addition, the rise in
technological innovations and the adoption of medical devices are enabling
growth in this market. Moreover, the growing number of smartphone users is
anticipated to boost the growth of this market over the forecast period. However,
the high initial cost of the technology, legal and reimbursement problems, and
inadequate healthcare infrastructure are some of the inhibiting factors for the
growth of the telemedicine market. Furthermore, the global telemedicine market
is likely to offer several opportunities for major players due to technological
advancements in the telecommunication sector.
Among the countries, Saudi Arabia
dominated the GCC
telemedicine market followed by UAE. Saudi Arabia is the main
country driving the growth in the GCC region. Telemedicine technology is widely
used in remote locations across the country for ordering medical supplies or
medical consultations. The growth of the telemedicine market in this country is
primarily attributed to the increasing adoption of telemedicine from
organizations and patients, ongoing reforms in telehealth parity laws, and
improved reimbursement policies. UAE is expected to register the highest growth
rate during the forecast period due to increasing healthcare infrastructure and
on-going adoptions of medical devices.
The report on GCC telemedicine
market covers segments such as type, clinical service, technology, and mode of
delivery. On the basis of type, the sub-markets include live
video-conferencing, store-and-forward or asynchronous video, remote patient
monitoring, and mobile health or mhealth. On the basis of clinical service, the
sub-markets include teleradiology, telecardiology, teleconsultation,
teledermatology, telesurgery, telepathology, and telepsychiatry. On the basis
of technology, the sub-markets include software, hardware, and telecom. On the
basis of mode of delivery, the sub-markets include cloud-based delivery, and
on-premise delivery.
The report provides profiles of
the companies in the market such as Abu Dhabi Telemedicine Centre, Okadoc
Technologies FZ-LLC, Granteq LLC, Ubieva LLC (Cura), King Faisal Specialist
Hospital & Research Center, Sihaty, AlTibbi, Helium Health (Meddy),
Medcare Hospital LLC, and Cerner Corporation.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of GCC
telemedicine market. Moreover, the study highlights current market
trends and provides forecast from 2021-2027. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.