Middle East & Africa Telehealth Market Size & Outlook
Middle East & Africa telehealth market, 2018-2030 (US$M)
Related Markets
MEA telehealth market highlights
- The MEA telehealth market generated a revenue of USD 3,730.2 million in 2023.
- The market is expected to grow at a CAGR of 25.3% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product in 2023.
- Software 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 3,730.2 million |
| Market revenue in 2030 | USD 18,047.8 million |
| Growth rate | 25.3% (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 | Hardware, Software, Services |
| Key market players worldwide | Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Oracle Corp, Siemens Healthineers AG ADR, Medtronic PLC, Teladoc Health Inc, American Well Corp Ordinary Shares - Class A, Evernorth, Doctor On Demand, Global Med Technologies |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.7% of the global telehealth 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 167,192.3 million by 2030.
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Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa telehealth 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 telehealth market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 46.46% in 2023. Horizon Databook has segmented the Middle East & Africa telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Countries such as Saudi Arabia, Qatar, the UAE, Kuwait, and Oman in the Middle East are prospering. Advancements in healthcare systems are expected to drive adoption of digital health solutions such as telehealth in these countries.
On the contrary, some countries in Africa score low in digital health readiness, i.e., they lack in proper healthcare infrastructure. With the rising penetration of smartphones, inclination of governments, entrepreneurs, and healthcare professionals toward smartphones for better & healthier lifestyles is increasing.
In countries such as Saudi Arabia and the UAE, informative medical apps and telehealth & telemedicine platforms are gaining popularity. However, slow development of mobile technologies in a few MEA countries has limited the adoption of telehealth technologies, thereby hampering market growth in the region.
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Target buyers of Middle East & Africa telehealth market databook
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Our clientele includes a mix of telehealth 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa telehealth market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA telehealth market size, by country, 2018-2030 (US$M)
Middle East & Africa Telehealth Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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