UAE Internet Of Medical Things (iomt) Market Size & Outlook
UAE internet of medical things (iomt) market, 2018-2030 (US$M)
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UAE internet of medical things (iomt) market highlights
- The UAE internet of medical things (iomt) market generated a revenue of USD 1.6 billion in 2023 and is expected to reach USD 7.5 billion by 2030.
- The UAE market is expected to grow at a CAGR of 24.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Internet of medical things (iomt) market data book summary
| Market revenue in 2023 | USD 1.6 billion |
| Market revenue in 2030 | USD 7.5 billion |
| Growth rate | 24.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Boston Scientific Corp, BIOTRONIK, Cisco Systems Inc, GE Aerospace, Honeywell International Inc, International Business Machines Corp, Johnson & Johnson, Koninklijke Philips NV, Lenovo Group Ltd, Medtronic PLC, NeuroMetrix Inc, Microsoft Corp, SAP SE ADR, Siemens AG |
Other key industry trends
- In terms of revenue, UAE accounted for 0.9% of the global internet of medical things (iomt) 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 internet of medical things (iomt) market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.9 billion by 2030.
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Internet of Medical Things (IoMT) Market Scope
Internet of Medical Things (IoMT) Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE internet of medical things (iomt) 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 internet of medical things (iomt) market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 43.75% in 2023. Horizon Databook has segmented the UAE internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE market accounted for a revenue share of 16.3% in 2023. The country’s significant investments in healthcare infrastructure are leading to the adoption of advanced technologies to improve healthcare delivery. Furthermore, there is a growing trend of partnerships between technology companies, healthcare providers, government, and research institutions to develop and implement IoMT solutions.
These collaborations drive innovation and the integration of advanced medical technologies. For instance, in February 2023, the UAE health authorities announced the successful integration of three key healthcare platforms, namely Riayati, Malaffi, and Nabidh. The integration allows for seamless data sharing and communication between these platforms, enabling healthcare providers to access patient records and medical information more easily.
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Target buyers of UAE internet of medical things (iomt) market databook
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Our clientele includes a mix of internet of medical things (iomt) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE internet of medical things (iomt) market, including forecasts for subscribers. This country databook contains high-level insights into UAE internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE internet of medical things iomt market report size, by component, 2018-2030 (US$M)
UAE Internet of Medical Things (IoMT) Market Share, 2023 & 2030 (US$M)
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