The UAE Telehealth Market is projected to grow by around 25% CAGR during the forecast period, i.e., 2021-26, cites a recent research study conducted by MarkNtel Advisors. The key highlights of the research report include the industry growth drivers, restraints, opportunities, trends, & extensive insights into the market dynamics amidst the Covid-19 crisis. Besides, a thorough analysis of the UAE Telehealth Market across various segments, countries, and leading competitors has also been added to the study.
The study provides a predictable market size for 2021 based on demand and price analysis. The report forecasts the UAE Telehealth market size to 2026 in both the short and long term. The COVID-19 pandemic has had an unfavorable influence on various markets, where small and medium-sized firms are struggling to stay afloat in the short term.
Due to the surging consumer demand & patient acceptance for enhanced quality of care, the burgeoning geriatric population, and the increasing number of chronic diseases, such as cancer, diabetes, and neurological issues. Furthermore, mounting medical tourism, rising patient pool in the remote location, and escalating need for remote patient monitoring are other crucial factors influencing the growth of the Telehealth Market.
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Key points covered in the report:
- UAE Telehealth Market dynamics, market size, trend analysis, leading market players, opportunities, recent developments.
-Economy synopsis and forecast analysis for 2021-2026.
-The research on UAE Telehealth Industry includes a detailed analysis of the key market participants.
-Market strategies that are increasingly being used by prominent UAE Telehealth Companies.
-Assessment of market factors including market growth drivers, significant challengers, inhibitors, and opportunities.
-Strategic profiling of key market players and thorough evaluation of their growth tactics.
-PESTEL Analysis, Porter’s Five Forces Model, Competitors Analysis, Value Chain Analysis, Recommendations and Price Analysis.
The study is beneficial for industry stakeholders in justifying numerous key questions, such as which market segments should be targeted, marketing strategies to be applied, revenue generation techniques, in order to strategize investments and take advantage of market growth.
Key Companies & Market Share Insights:
Owing to the vast number of major and small-scale manufacturers, the market is extremely concentrated and competitive. Major corporations pursue numerous marketing tactics, such as geographic expansion, in order to boost sales and capitalize on new businesses and markets for new and existing products/services. Major industry players are: NextGen Healthcare, VSee, OKADOC, Doxy.me, LLC, Abu Dhabi Telemedicine, vHealth, Insta doctor, Medcare, Trydoc 24x7
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Market Segmentation includes:
The UAE Telehealth Market is categorized. This section brings the segmentation statistics and provides insights regarding growing and dominating segments. The data has been represented using charts and graphs to make it reader friendly.
Market Segment, 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
Market Segment, By Mode of Delivery
-Web/App based
-Cloud based
-On premise
Market Segment, By Application
-Telemedicine
-Patient Monitoring
-Medical Education
Market Segment, By End - Users
-Providers
-Payers
-Patients
Market Segment, By Regions
-Dubai
-Abu Dhabi & AI Ain
-Sharjah & Northern Emirates
Lucrative Opportunities:
The study outlines all of the issues that are being faced by UAE Telehealth Market. This enables the reader to gain a better understanding of the market and grab the lucrative opportunities. The analysts conducted a thorough examination of the current market scenario while concentrating on new business objectives. A comprehensive evaluation of evolving stakeholders’ needs and the entire environment study is included.
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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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