MENA Digital Health Market (Service - Telehealth, mHealth, Health Analytics, and Digital Health System; End-user - Clinics, Government Hospitals, Specialty Hospital, and General Hospital): Industry Analysis, Trends, Size, Share and Forecasts to 2028

A recent report ongoing study by Infinium Global Research on the digital health market provides an in-depth analysis of segments and sub-segments in the MENA as well as regional digital health market. The study also highlights the impact of drivers, restraints, and macro indicators on the MENA and regional digital health market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the MENA digital health market. The MENA digital health market was valued at about USD 12 billion in 2022 and is expected to reach nearly USD 30 billion in 2028, with a CAGR of over 17% during the forecast period.

Market Insight

Digital healthcare systems can benefit greatly from digital technology, including better care coordination, real-time chronic illness monitoring, more accurate diagnosis, more efficient treatments, and patient and physician convenience. Covid-19 has played a significant role in accelerating the use of digital health in healthcare. Even before the Covid-19 outbreak, the Middle East was adopting healthcare digital transformation trends. To facilitate the digitalization of healthcare and the improvement of patient care, the Pandemic compelled healthcare leaders to speed up the development of digital healthcare. The MENA region’s health regulators are increasingly considering the adoption of new, smart technologies to modernize its healthcare ecosystem. The United Arab Emirates has introduced best-in-class solutions centered on things like telemedicine, the digitalization of medical data, connected medical equipment, and 3D printing as part of the expansion and increased sophistication of its healthcare industry.

One of the major factors driving the growth of the MENA digital health market is the increasing demand for home monitoring devices that provide constant monitoring and reliable access to data. Digital health benefits people suffering from chronic ailments or who desire regular fitness checks. Demand for the digitalization of healthcare is anticipated to rise in the coming years due to the rising adoption of digital health and the rising incidence of chronic diseases. The governments in the MENA region are utilizing technology to great effect to improve access for citizens. It is anticipated that this will raise awareness and the tracking of illness patterns and treatment initiatives. Additionally, the MENA digital health industry is anticipated to be driven by the region's younger population, which is under 45 years old and has access to computers, smartphones, and tablets. The high cost of digital health products and maintenance solutions, the lack of funding for research and development, the shortage of qualified personnel, and the absence of regulatory agencies have a negative impact on the growth rate of the MENA digital health market. Health authorities in the MENA region are raising awareness of chronic diseases and educating the public on available options for treatment and prevention. Healthcare professionals improved acceptance of digital health and the public's growing awareness of it are projected to accelerate market growth. Additionally, the introduction of AI in healthcare and the accessibility of the internet are essential factors expected to create lucrative growth opportunities during the forecast period.

Countries such as UAE and Saudi Arabia are anticipated to play a leading role in the MENA digital health market. The UAE digital health market dominates the market growth rate. With the development of the IT infrastructure and the progress of telemedicine, the government of the UAE offers strong support to local and international market participants. It is thought that the healthcare industry's growing awareness of digitization will boost industrial growth. Telemedicine is one way that digital healthcare technologies can help Nigeria, a country with a low population-to-healthcare worker ratio, improve healthcare access. The use of technology in healthcare has grown as more people become aware of the benefits and efficiency of telemedicine and digital health solutions. During the COVID-19 lockdown, when many individuals were unable to get traditional healthcare, this became abundantly obvious.

Report Scope of the Digital Health Market:

Segment Covered

The report on MENA digital health market covers segments such as service, and end-user. On the basis of service, the sub-markets include telehealth, mhealth, health analytics, and digital health system. On the basis of end-user, the sub-markets include clinics, government hospitals, specialty hospital, and general hospital.

Companies Profiled:

The report provides profiles of the companies in the market such as Ilara Health, DabaDoc.com, 54gene, Vezeeta, AlTibbi, Seha Healthcare, Okadoc Technologies FZ-LLC, TachyHealth, Inc., ProvenMed, and 1Life Healthcare, Inc..

Report Highlights:

The report provides deep insights into 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 the digital health market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. 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.