Mobile Segment to Dominate MEA Telemedicine Market during 2020–2028      

According to a new market research study on “MEA Telemedicine Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Product and Services, Specialty, Delivery Mode” is expected to reach US$ 8,462.12 million by 2028 from 2,670.26 US$ million in 2021. The market is estimated to grow at a CAGR of 17.9% from 2021 to 2028. The report provides trends prevailing in the MEA telemedicine market along with the drivers and restraints pertaining to the market growth. Combination of various markets through product advancements and acquisitions is the major factor driving the growth of the MEA telemedicine market. However, issues associated with insufficient universal reimbursement policies hinders the growth of MEA telemedicine market.  

 MEA telemedicine market is segmented into type, product and services, specialty, delivery mode, and country. MEA telemedicine market, based on the product and services is segmented into software and hardware, tele-consulting, tele-monitoring, and tele-education/training. In 2020, the software and hardware segment held the largest share of the market. MEA telemedicine market, based on the type was segmented into telehospital, and telehome. In 2020, the telehospital segment held the largest share of the market. MEA telemedicine market, based on the specialty was segmented into cardiology, gynecology, orthopedics, neurology mental health (psychiatry) and others. In 2020, the others segment held considerable share of the market. MEA telemedicine market, based on the delivery mode was segmented into mobile, web, and call centers. In 2020, the mobile segment held the largest share of the market. Based on country, the MEA telemedicine market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. Saudi Arabia held the largest market share in 2020.

The COVID-19 pandemic has become the most significant challenge in the MEA. The COVID-19 pandemic has had a devastating global impact on the health of the population and a huge economic impact on most countries. The pandemic is providing immense opportunities for telehealth solutions, considering that social distancing is the only existing solution developed so far, which is capable of minimizing exposure. In line with this, telehealth represents an attractive, effective, and affordable option. Moreover, this technology is of critical important to keep healthcare providers safe. Also, while at the global level, up to 70% of countries have responded to the challenges posed by the COVID-19 pandemic with telemedicine. In Africa, governments have set up counselling helplines and increased training for key health responders in basic psychosocial skills. Thus, rising COVID-19 outbreak is likely to boost the growth of the telemedicine market in the MEA during the forecast period.

Allscripts Healthcare Solutions, Inc.; Cerner Corporation; Cisco Systems, Inc.; Honeywell International, Inc.; Insight; Koninklijke Philips N.V.; McKesson Corporation; and Teladoc Health are among the leading companies in the MEA telemedicine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Philips to become a global leader in patient care management solutions for the hospital and the home through the acquisition of BioTelemetry, Inc.    

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com