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GCC Telemedicine Market 2023-2028 | Size, Share, Trends Report
GCC Telemedicine Market Report
Report Highlights
How big is the GCC telemedicine market?
The GCC telemedicine market is expected to exhibit a growth rate (CAGR) of 20.6% during 2023-2028.
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What is telemedicine?
Telemedicine is an advanced method of delivering medical services remotely using a telecommunication network. It relies on various tools, such as mobile health (mHealth) applications, video conferencing, and remote patient monitoring (RPM), to offer these services. It aids in improving clinical management, providing access to high-quality healthcare services, and reducing discrepancies in diagnosis. As a result, telemedicine finds extensive applications in several medical specialties, including radiology, psychiatry, cardiology, neurology, and dermatology, across the GCC countries.
What are the growth prospects and trends in the GCC telemedicine industry?
The GCC telemedicine market is primarily driven by rapid digitalization and expansion of the healthcare sector. Moreover, the rising need to provide affordable and quality medical care due to the escalating costs of traditional healthcare services, is positively influencing the market growth. Additionally, several favorable initiatives taken by governments of GCC countries to promote digital health solutions have catalyzed market growth. Besides this, the surging adoption of telemedicine by healthcare providers, as it offers a range of medical services such as virtual consultations, remote patient monitoring, rehabilitation, post-operative care, disease diagnosis, and medication tracking, represents another major growth-inducing factor.
Furthermore, the integration of artificial intelligence (AI) in telemedicine that enables patient monitoring, chatbot assistance, and data-driven decision-making by healthcare professionals is contributing to the market growth. Other factors, including heavy investments in research and development (R&D) to launch advanced telemedicine solutions, increasing prevalence of chronic diseases, rising healthcare expenditure, and rapid proliferation of smartphones, are also anticipated to create a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
Software
Hardware
Services
Breakup by Communication Technology:
Video Conferencing
mHealth Solutions
Others
Breakup by Hosting Type:
Cloud-Based and Web-Based
On-Premises
Breakup by Application:
Teleconsultation and Telementoring
Medical Education and Training
Teleradiology
Telecardiology
Teleneurology
Telepsychiatry
Tele-Dermatology
Others
Breakup by End User:
Providers
Patients
Payers
Others
Breakup by Country:
Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain
Who are the key players operating in the industry?
The report covers the major market players including:
Abu Dhabi Telemedicine Centre
Aster DM Healthcare
Cerner Corporation
CISCO Systems Inc.
GE Healthcare (General Electric Company)
GRANTEQ LLC
Health at Hand
Koninklijke Philips N.V.
Life Gulf Assistance
Okadoc Technologies FZ-LLC
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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