Middle East & Africa Remote Patient Monitoring Software And Services Market Size & Outlook
Middle East & Africa remote patient monitoring software and services market, 2018-2030 (US$M)
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MEA remote patient monitoring software and services market highlights
- The MEA remote patient monitoring software and services market generated a revenue of USD 397.3 million in 2023.
- The market is expected to grow at a CAGR of 39.5% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating type in 2023.
- Software is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 397.3 million |
| Market revenue in 2030 | USD 4,092.8 million |
| Growth rate | 39.5% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Software |
| Key market players worldwide | Teladoc Health Inc, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Siemens Healthineers AG ADR, OMRON Corp, BioIntelliSense, Philips |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.7% of the global remote patient monitoring software and services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,092.8 million by 2030.
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Remote Patient Monitoring Software And Services Market Scope
Remote Patient Monitoring Software And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa remote patient monitoring software and services 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 remote patient monitoring software and services market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 78.15% in 2023. Horizon Databook has segmented the Middle East & Africa remote patient monitoring software and services market based on services, software covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa remote patient monitoring devices market is divided into South Africa, Saudi Arabia, UAE, and the rest of the Middle East and Africa (ROMEA).
Saudi Arabia is a lucrative market in this region as there are several planned healthcare facilities that are anticipated to be functional in the coming years, leading to increasing demand for remote patient monitoring devices in hospitals as well as home healthcare.
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Target buyers of Middle East & Africa remote patient monitoring software and services market databook
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Our clientele includes a mix of remote patient monitoring software and services 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 remote patient monitoring software and services market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa remote patient monitoring software and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA remote patient monitoring software services market report size, by country, 2018-2030 (US$M)
Middle East & Africa Remote Patient Monitoring Software And Services Market Share, 2023 & 2030 (US$M)
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