A telecommunication technology paved the way for a revolution in the healthcare sector with smartphones, computers, and the internet. Telemedicine enables actual communication between medical staff and patients and enables the transmission of essential health and medical information. Telemedicine plays a dynamic role in saving human lives, particularly in emergencies.
The Middle East & Africa Telemedicine Market Segments Size & Growth:
The Middle East & Africa telemedicine market value will be $3.48 billion in 2018 and expected to grow at a CAGR of 10.8% to reach $5.25 billion by 2025 during the forecast period 2019-2025. Major factors that are driving the market growth is due to the rise in ageing population, growing prevalence of chronic diseases, and improvements in telecommunication infrastructure. However, according to telemedicine industry analysis lack of interoperability between e-health solutions and delayed response time are restricting the growth of the Middle East & Africa telemedicine market share.
The Middle East & Africa Telemedicine Market Segments Share:
The Middle East & Africa telemedicine market is categorised into by component which consists of services, hardware, and software. The services segment is projected to account for the significant share of the Middle East & Africa telemedicine market due to the growing adoption of remote monitoring solutions by patients in remote rural areas and technological improvements in telecommunication. The software segment is expected to witness the highest growth in the forecast period 2019-2025.
By mode of delivery, it is classified by cloud-based
By Geography, South Africa accounted for the significant share in the market in 2017 based on telemedicine market trends in this region. This growth is attributed to better healthcare infrastructure, improved health care spending, and lifestyle-related diseases. However, the Middle East region is likely to grow at the highest CAGR during the forecast period 2019-2025 due to the increasing awareness among this region.
The Middle East & Africa Telemedicine Market Segments Trends:
The Middle East & Africa Telemedicine Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact on altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary key telemedicine market leaders are:
Along with these companies, there were many other companies considered/cited in the report while analysing the Middle East & Africa telemedicine market size. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
Study In December 2016,
Starting from $2700
Starting from $2700
Starting from $2700
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