South Africa Telehealth Market Size & Outlook, 2023-2030
South Africa telehealth market, 2018-2030 (US$M)
Related Markets
South Africa telehealth market highlights
- The South Africa telehealth market generated a revenue of USD 872.4 million in 2023 and is expected to reach USD 4,361.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 25.8% 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.
Telehealth market data book summary
| Market revenue in 2023 | USD 872.4 million |
| Market revenue in 2030 | USD 4,361.7 million |
| Growth rate | 25.8% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 0.9% of the global telehealth market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE telehealth 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 4,835.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South 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 46.55% in 2023. Horizon Databook has segmented the South Africa telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Digitalization of healthcare in South Africa is expected to continue at a steady rate due to factors such as developing infrastructure, large population with unmet medical needs, and lucrative market space for investors.
Government aids such as eHealth Strategy South Africa, which provide vision, mission, and strategies for deployment of eHealth in South Africa, would help the market prosper during the forecast period. Find-A-Med, Kids First Aid, and Hello Doctor are the leading telehealth apps used by the South African population.
In addition, SA Medical Research Council has developed a health information app for primary healthcare workers, who can quickly confirm vital information of their patients with one tap on a smartphone.
Reasons to subscribe to South Africa telehealth market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa telehealth market databook
-
Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Africa telehealth market , including forecasts for subscribers. This country databook contains high-level insights into South Africa telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa telehealth market size, by product, 2018-2030 (US$M)
South Africa Telehealth Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
