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UAE Telehealth market is expected to grow at a CAGR of 25% during 2021-26

06-15-2021 11:07 AM CET | Health & Medicine

Press release from: MarkNtel Advisors LLP

UAE Telehealth market is expected to grow at a CAGR of 25% during

According to the MarkNtel Advisors’ research report, “UAE Telehealth Market Analysis, 2021,” the market is likely to grow at a CAGR of 25% during 2021-26 due to the rapidly developing healthcare infrastructure, surging market penetration of smartphones, and soaring adoption of online platforms. Moreover, technological advancements and mounting demand for monitoring patient’s health remotely are other crucial factors fueling the market growth. However, the increasing number of frauds and the use of social media for delivering healthcare facilities are a few factors that negatively affect market growth during the forecast period.

Key questions answered in the study
1. What are the current and future trends in the UAE Telehealth market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the UAE Telehealth market?
5. What is the customer orientation, purchase behavior, and expectations from the UAE Telehealth market service providers across various regions?

Get a sample copy of the market analysis: https://www.marknteladvisors.com/query/request-sample/uae-telehealth-market.html

Healthcare Providers Accounted for the Largest Market Share

Based on the End-User, the market bifurcates into Providers, Payers, and Patients. Of these, Providers generated the highest revenue in the UAE Telehealth Market in the previous few years. The mounting deployment of telehealth solutions to minimize the work burden of healthcare professionals is the prime factor fueling the segment growth. Further, burgeoning government-funded projects is another crucial factor backing the overall segment growth in the market.

“UAE Telehealth Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Telehealth providers across the regions. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

For detailed analysis: https://www.marknteladvisors.com/research-library/uae-telehealth-market.html

Web/App-Based Segment Exhibits Fastest Growth
Based on the Mode of Delivery, the market bifurcates into Web/App-based, Cloud-based, and On-premise. Among these segments, the Web/App-based is likely to witness the fastest growth rate in the forecast period as it provides direct access to healthcare delivery solutions. Further, the web/app-based mode of delivery offers advantages like cost-effectiveness and ease of operation. Along with this, increasing smartphone penetration also drives the segment's growth. Therefore, based on these factors, the Web/App-Based Model segment is likely to contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “UAE Telehealth Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the UAE Telehealth Market are NextGen Healthcare, VSee, OKADOC, Doxy.me, LLC, Abu Dhabi Telemedicine, vHealth, Insta doctor, Medcare, Trydoc 24x7, and Others.

Market Segmentation:
1. By Component (Hardware [Medical Peripheral Devices {Blood Glucose Meter, Pulse Oximeters, Blood Pressure Monitors, ECG Monitors, Blood Pressure Monitors, Others (Weight Scale, Peak Flow Meters)}, Telemedicine Monitors], Services [Remote Patient monitoring (RPM), Store-and-Forward, Real-time interaction], Software)
2. By Mode of Delivery (Web/App-based, Cloud-based, On-premises)
3. By Application (Telemedicine, Patient Monitoring, Medical Education)
4. By End-User (Providers, Payers, Patients)
5. By Region (Dubai, Abu Dhabi & AI Ain, Sharjah & Northern Emirates)
6. By Competitors (NextGen Healthcare, VSee, OKADOC, Doxy.me, LLC, Abu Dhabi Telemedicine, vHealth, Insta doctor, Medcare, Trydoc 24x7, and Others)

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1613-707-5086
Website: https://www.marknteladvisors.com

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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