Saudi Arabia Smart Healthcare Market Size & Outlook
Saudi Arabia smart healthcare market, 2017-2030 (US$M)
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Saudi Arabia smart healthcare market highlights
- The Saudi Arabia smart healthcare market generated a revenue of USD 1,133.1 million in 2023 and is expected to reach USD 2,928.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.5% 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.
Smart healthcare market data book summary
| Market revenue in 2023 | USD 1,133.1 million |
| Market revenue in 2030 | USD 2,928.7 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth |
| Fastest growing segment | RFID Kanban Systems |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 0.7% of the global smart healthcare 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 smart healthcare market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,536.2 million by 2030.
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Smart Healthcare Market Scope
Smart Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 49.23% in 2023. Horizon Databook has segmented the Saudi Arabia 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 2017 to 2030.
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Our clientele includes a mix of smart healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia smart healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia smart healthcare market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia smart healthcare market size, by product, 2017-2030 (US$M)
Saudi Arabia Smart Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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