Market revenue in 2023 | USD 906.4 million |
Market revenue in 2030 | USD 4,835.0 million |
Growth rate | 27% (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 |
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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 46.35% in 2023. Horizon Databook has segmented the UAE telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE is one of the most promising markets for digital healthcare and telehealth platforms. Factors such as government aids to innovative start-ups and significant funding by the government to promote telehealth are propelling market growth in the country.
All these abovementioned factors are encouraging companies, patients, and physicians in the UAE to embrace digital healthcare solutions, such as telehealth. Several healthcare professionals and researchers in the UAE are embracing telehealth platforms, thereby bringing in a revolution in the healthcare industry in the country.
Changes in the UAE’s healthcare industry include the introduction of electronic patient records, robotic surgery, telehealth, and ePharmacy. Telemedicine is prospering in the UAE. Mubadala Development Company, an investment company owned by the UAE government, has partnered with Medgate, a Swiss company, to establish Abu Dhabi’s telemedicine center.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE telehealth market , including forecasts for subscribers. This country databook contains high-level insights into UAE telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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