Middle East & Africa Medical Terminology Software Market Size & Outlook
Middle East & Africa medical terminology software market, 2017-2030 (US$M)
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MEA medical terminology software market highlights
- The MEA medical terminology software market generated a revenue of USD 70.9 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, quality reporting was the largest revenue generating application in 2023.
- Quality Reporting is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 70.9 million |
| Market revenue in 2030 | USD 123.9 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Quality reporting |
| Fastest growing segment | Quality Reporting |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Data Aggregation, Reimbursement, Public Health Surveillance, Data Integration, Decision Support, Clinical Trials, Quality Reporting, Other Application |
| Key market players worldwide | Wolters Kluwer NV, 3M Co, IAC Inc Ordinary Shares - New, IQVIA Holdings Inc, Intelligent Medical Objects, Clinical Architecture, B2i Healthcare |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.0% of the global medical terminology software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 424.8 million by 2030.
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Medical Terminology Software Market Scope
Medical Terminology Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa medical terminology software 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 medical terminology software market will help companies and investors design strategic landscapes.
Quality reporting was the largest segment with a revenue share of 22% in 2023. Horizon Databook has segmented the Middle East & Africa medical terminology software market based on data aggregation, reimbursement, public health surveillance, data integration, decision support, clinical trials, quality reporting, other application covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa medical terminology software market databook
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Our clientele includes a mix of medical terminology software 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 continent-level data and insights on the Middle East & Africa medical terminology software market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical terminology software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical terminology software market size, by country, 2017-2030 (US$M)
Middle East & Africa Medical Terminology Software Market Outlook Share, 2023 & 2030 (US$M)
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