UAE Ai In Healthcare Market Size & Outlook, 2023-2030
UAE ai in healthcare market, 2016-2030 (US$M)
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UAE ai in healthcare market highlights
- The UAE ai in healthcare market generated a revenue of USD 17.2 million in 2023 and is expected to reach USD 137.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 34.6% from 2024 to 2030.
- In terms of segment, software solutions was the largest revenue generating component in 2023.
- Software Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
Ai in healthcare market data book summary
| Market revenue in 2023 | USD 17.2 million |
| Market revenue in 2030 | USD 137.9 million |
| Growth rate | 34.6% (CAGR from 2023 to 2030) |
| Largest segment | Software solutions |
| Fastest growing segment | Software Solutions |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Services, Software Solutions |
| Key market players worldwide | Microsoft Corp, International Business Machines Corp, Alphabet Inc Class A, NVIDIA Corp, Intel Corp, GE Aerospace, Medtronic PLC, Oracle Corp, Medidata, Merck KGaA, IQVIA Holdings Inc, Itrex Group |
Other key industry trends
- In terms of revenue, UAE accounted for 0.1% of the global ai in healthcare market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia ai in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 191.3 million by 2030.
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AI In Healthcare Market Scope
AI In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE ai in healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in healthcare market will help companies and investors design strategic landscapes.
Software solutions was the largest segment with a revenue share of 36.63% in 2023. Horizon Databook has segmented the UAE ai in healthcare market based on hardware, services, software solutions covering the revenue growth of each sub-segment from 2016 to 2030.
The UAE AI in healthcare market is expected to grow exponentially. Rise in investments by the government and increase in the number of hospitals embracing AI is expected to boost the market. For instance, in May 2018, Abu Dhabi’s Department of Health announced a new strategy called UAE Strategy for Artificial Intelligence to regulate AI, its implementation, and use in healthcare.
In addition, the Mohamed bin Zayed University of Artificial Intelligence and Abu Dhabi Health Services Company (SEHA) signed a Memorandum of Understanding in 2021 with the intention of discovering and incorporating AIdriven solutions that address major healthcare challenges and improve the provision of patient-led services. This is expected to positively impact the market growth.
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Our clientele includes a mix of ai in healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE ai in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into UAE ai in healthcare market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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UAE ai in healthcare market size, by component, 2016-2030 (US$M)
UAE AI In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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