Middle East & Africa Telemedicine Market Size & Outlook
Middle East & Africa telemedicine market, 2018-2030 (US$M)
Related Markets
MEA telemedicine market highlights
- The MEA telemedicine market generated a revenue of USD 3,989.9 million in 2023.
- The market is expected to grow at a CAGR of 19.2% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Israel is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 3,989.9 million |
| Market revenue in 2030 | USD 13,615.8 million |
| Growth rate | 19.2% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Twilio Inc Class A, Teladoc Health Inc, Zoom Video Communications Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.5% of the global telemedicine 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 105,769.5 million by 2030.
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Telemedicine Market Scope
Telemedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa telemedicine 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 telemedicine market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 51.88% in 2023. Horizon Databook has segmented the Middle East & Africa telemedicine market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in the prevalence of chronic diseases and rapidly aging population in the region are contributing to the market growth. In addition, the ongoing COVID-19 pandemic, which requires physical distancing, has led to increase in the adoption of telemedicine at a larger scale among providers.
Hence, organizations are offering telemedicine to provide patient care, irrespective of their physical location, which is promoting the market growth. For instance, Cerner, Hamad Medical Corporation (HMC), and Primary Health Care Corporation (PHCC) have allowed clinical and scheduling support in combination with telemedicine technology in entire state of Qatar.
In addition, patients and doctors are increasingly connected via mobile phones, making these the next logical segment for innovation in healthcare. Digital health transformation across the region further fuels the market growth.
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Our clientele includes a mix of telemedicine market companies, investment firms, advisory firms & academic institutions.
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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 telemedicine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa telemedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA telemedicine market size, by country, 2018-2030 (US$M)
Middle East & Africa Telemedicine Market Outlook Share, 2023 & 2030 (US$M)
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