Saudi Arabia Digital Health Market Size & Outlook
Saudi Arabia digital health market, 2018-2030 (US$M)
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Saudi Arabia digital health market highlights
- The Saudi Arabia digital health market generated a revenue of USD 1,109.9 million in 2023 and is expected to reach USD 4,627.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 22.6% from 2024 to 2030.
- In terms of segment, tele-healthcare was the largest revenue generating technology in 2023.
- Tele-Healthcare is the most lucrative technology segment registering the fastest growth during the forecast period.
Digital health market data book summary
| Market revenue in 2023 | USD 1,109.9 million |
| Market revenue in 2030 | USD 4,627.5 million |
| Growth rate | 22.6% (CAGR from 2023 to 2030) |
| Largest segment | Tele-healthcare |
| Fastest growing segment | Tele-Healthcare |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tele-Healthcare, MHealth, Healthcare Analytics, Digital Health Systems |
| Key market players worldwide | Epic Systems Corporation, Telefonica SA, AT&T, Airstrip Technologies, Quantum-Si Inc Ordinary Shares - Class A, Alphabet Inc Class C, Orange SA, SoftServe, Hims & Hers Health Inc Ordinary Shares - Class A, Computer Programs and Systems Inc. (CPSI), Vocera Communications, International Business Machines Corp, Cisco Systems Inc, Apple Inc, Oracle Corp, Veradigm Inc, McKesson Corp, Vodafone Group PLC, Qualcomm Inc, Samsung Electronics Co Ltd |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global digital health market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa digital health market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,648.4 million by 2030.
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Digital Health Market Scope
Digital Health Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia digital health 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 digital health market will help companies and investors design strategic landscapes.
Tele-healthcare was the largest segment with a revenue share of 41.37% in 2023. Horizon Databook has segmented the Saudi Arabia digital health market based on tele-healthcare, mhealth, healthcare analytics, digital health systems covering the revenue growth of each sub-segment from 2018 to 2030.
Adoption of digital health in Saudi Arabia is considerably low due to lesser penetration of smartphones, poor network coverage, and patients & doctors sticking to traditional medical ways. However, initiatives are being taken in the country to make it active in the digital health market.
However, recently, the Saudi Arabian government, in partnership with companies such as GE Healthcare and other governments such as the UK, has come up with an initiative called Saudi Vision 2030 to emphasize on the adoption of eHealth solutions.
GE Health, in collaboration with the MoH, has launched Mawid, a digital platform from GE. This platform can be used for making centralized appointments across various healthcare bodies, ranging from primary care centers to specialty units.
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Our clientele includes a mix of digital health 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 Saudi Arabia digital health market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia digital health market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia digital health market size, by technology, 2018-2030 (US$M)
Saudi Arabia Digital Health Market Outlook Share, 2023 & 2030 (US$M)
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