Middle East & Africa Smart Healthcare Market Size & Outlook
Middle East & Africa smart healthcare market, 2018-2030 (US$M)
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MEA smart healthcare market highlights
- The MEA smart healthcare market generated a revenue of USD 5,726.1 million in 2023.
- The market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, mhealth was the largest revenue generating product in 2023.
- RFID Kanban Systems is the most lucrative product 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 5,726.1 million |
| Market revenue in 2030 | USD 14,409.6 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth |
| Fastest growing segment | RFID Kanban Systems |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID Kanban Systems, RFID Smart Cabinets, Electronic Health Records (EHR), Telemedicine, MHealth, Smart Pills, Smart Syringes |
| Key market players worldwide | Airstrip Technologies, Allscripts Healthcare, Apple Inc, AT&T, Brooks Automation, Oracle Corp, Cisco Systems Inc, GE HealthCare Technologies Inc Common Stock, Covidien, International Business Machines Corp, McKesson Corp, Olympus Corp, Samsung Electronics Co Ltd, Siemens Healthineers AG ADR, Solstice Medical, TwinBin, LogiTag, Pepperl+Fuchs, InnerSpace, Wurth Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.5% of the global smart healthcare 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 108,269.0 million by 2030.
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Smart Healthcare Market Scope
Smart Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa smart 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 healthcare market will help companies and investors design strategic landscapes.
Mhealth was the largest segment with a revenue share of 39.44% in 2024. Horizon Databook has segmented the Middle East & Africa smart healthcare market based on rfid kanban systems, rfid smart cabinets, electronic health records (ehr), telemedicine, mhealth, smart pills, smart syringes covering the revenue growth of each sub-segment from 2018 to 2030.
The implementation of big data in healthcare organizations coupled with increased healthcare expenditure has led to an increase in the demand for smart healthcare in the region.
Favorable initiatives being undertaken by governments for encouraging the adoption of healthcare IT in hospitals and clinics are among the factors expected to boost the market in this region.
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Our clientele includes a mix of smart healthcare 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 smart healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA smart healthcare market size, by country, 2018-2030 (US$M)
Middle East & Africa Smart Healthcare Market Outlook Share, 2024 & 2030 (US$M)
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