Middle East & Africa Smart Card In Healthcare Market Size & Outlook

The smart card in healthcare market in Middle East & Africa is expected to reach a projected revenue of US$ 83.8 million by 2028. A compound annual growth rate of 11.8% is expected of Middle East & Africa smart card in healthcare market from 2022 to 2028.
Revenue, 2021 (US$M)
$38.3
Forecast, 2028 (US$M)
$83.8
CAGR, 2022 - 2028
11.8%
Report Coverage
Middle East & Africa

MEA smart card in healthcare market highlights

  • The MEA smart card in healthcare market generated a revenue of USD 38.3 million in 2021.
  • The market is expected to grow at a CAGR of 11.8% from 2022 to 2028.
  • In terms of segment, contactless smart cards was the largest revenue generating product type in 2021.
  • Hybrid Smart Cards is the most lucrative product type segment registering the fastest growth during the forecast period.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2028.


MEA data book summary

Market revenue in 2021USD 38.3 million
Market revenue in 2028USD 83.8 million
Growth rate11.8% (CAGR from 2021 to 2028)
Largest segmentContactless smart cards
Fastest growing segmentHybrid Smart Cards
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHybrid Smart Cards, Contactless Smart Cards, Contact-Based Smart Cards, Dual-Interface Smart Cards
Key market players worldwideAtos SE, Infineon Technologies AG, NXP Semiconductors NV, Texas Instruments Inc, Thales, Giesecke+Devrient, CardLogix Corporation, IDenticard Systems


Other key industry trends

  • In terms of revenue, MEA region accounted for 3.5% of the global smart card in healthcare market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 831.5 million by 2028.

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Smart Card In Healthcare Market Companies

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Middle East & Africa smart card 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 smart card in healthcare market will help companies and investors design strategic landscapes.


Contactless smart cards was the largest segment with a revenue share of 27.94% in 2021. Horizon Databook has segmented the Middle East & Africa smart card in healthcare market based on hybrid smart cards, contactless smart cards, contact-based smart cards, dual-interface smart cards covering the revenue growth of each sub-segment from 2016 to 2028.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart card in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart card in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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MEA smart card in healthcare market size, by country, 2016-2028 (US$M)

Middle East & Africa Smart Card In Healthcare Market Outlook Share, 2021 & 2028 (US$M)

MEA smart card in healthcare market size, by country, 2016-2028 (US$M)

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