Saudi Arabia Tele-intensive Care Unit Market Size & Outlook
Saudi Arabia tele-intensive care unit market, 2018-2030 (US$M)
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Saudi Arabia tele-intensive care unit market highlights
- The Saudi Arabia tele-intensive care unit market generated a revenue of USD 27.5 million in 2024 and is expected to reach USD 65.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 15.5% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Tele-intensive care unit market data book summary
| Market revenue in 2024 | USD 27.5 million |
| Market revenue in 2030 | USD 65.4 million |
| Growth rate | 15.5% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Koninklijke Philips NV, Inova Diagnostics, Banner Health, iMDSoft, InTouch Health, Inteleicu, Hicuity Health, UPMC, Philips |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global tele-intensive care unit market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa tele-intensive care unit market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 65.4 million by 2030.
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Tele-intensive Care Unit Market Scope
Tele-intensive Care Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia tele-intensive care unit 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 tele-intensive care unit market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.82% in 2024. Horizon Databook has segmented the Saudi Arabia tele-intensive care unit market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as the growing aging population, favorable government initiatives, and advancement of the healthcare system have presented a new growth opportunity for companies to expand their product portfolio.
For instance, in February 2023, Caregility, an Eatontown-based telehealth company, deployed its Caregility Cloud tele-ICU solution at Seha Virtual Hospital, established by the Saudi Arabian Ministry of Health, offering over 30 specialized clinical services across 130 hospitals nationwide.
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Target buyers of Saudi Arabia tele-intensive care unit market databook
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Our clientele includes a mix of tele-intensive care unit 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 country-level data and insights on the Saudi Arabia tele-intensive care unit market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia tele-intensive care unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia tele-intensive care unit market size, by component, 2018-2030 (US$M)
Saudi Arabia Tele-intensive Care Unit Market Outlook Share, 2024 & 2030 (US$M)
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