(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 21, 2021, 00:11 /Comserve / -- Telehealth refers to the use of communication technologies and digital information to distribute health-related services & information remotely.
COVID-19 has reformed the way we work and has impacted various aspects of the businesses worldwide. Keeping in mind the multi-faceted challenges and the impact on economies post pandemic, companies are focusing on the risks and probabilities for sustainability, growth, and development from this transition.
Telehealth refers to the use of communication technologies and digital information to distribute health-related services & information remotely. It offers health care services when the patient & medical professionals are not physically present with each other. According to the MarkNtel Advisors' research report, “UAE Telehealth Market Analysis, 2021,” the market is likely to grow at a CAGR of around 25% during 2021-26 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.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: UAE Telehealth Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)
Impact of COVID-19 - Due to the sudden outbreak of the COVID-19 pandemic, the UAE Telehealth Market has witnessed positive growth owing to the restriction on in-person visits to clinics & hospitals. The COVID-19 pandemic has provided immense opportunities to the telehealth market by offering an attractive, affordable, and effective solution. Further, the technological advancements will help the telehealth market to grow significantly in the upcoming timeline.
Services Segment Accounted for the Largest Market Share
Based on Component, the market bifurcates into Hardware, Software, and Services. Of these segments, Services captured a significant share in the UAE Telehealth Market in the previous few years. The segment growth owes to the rising geriatric population fueling the demand for home assistance for care. Further, surging government initiatives to implement telehealth projects and increasing demand for video conferencing solutions provides lucrative opportunities to drive the segment growth, cites MarkNtel Advisors in their research report,“UAE Telehealth Market Analysis, 2021.”
Telemedicine Dominated the Market
Within the Application segment, the market classifies into Telemedicine, Patient Monitoring, and Medical Education. Of these segments, the Telemedicine application acquired the largest share in the UAE Telehealth Market in the past few years. Telemedicine technology is beneficial for providing advanced patient-centered care and access to remote locations. Further, it also helps in reducing hospitalization rate and clinic visits, thereby boosting the segment growth.
Dubai Attained the Highest Market Share
Dubai held the largest share in the UAE Telehealth Market in the previous few years and is likely to retain its leading position during the forecast period due to surging awareness among consumers regarding the availability of online platforms for consulting medical professionals without physically visiting the clinics or hospitals. Further, increasing developments in the healthcare sector, rapid adoption of cloud-based technologies, and mounting prevalence of chronic diseases among individuals are other critical factors boosting the market growth.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: UAE Telehealth Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)
Technological Advancements to Boost the Market Growth
The technologies like telehealth, telemedicine, Chabot, and robots are gaining popularity and are likely to drive the demand for telehealth solutions during the forecast period. Mounting demand to reduce the healthcare cost, ease of access, rising trend of collaboration among key players are some prominent causes aiding the growth of the UAE Telehealth Market during the forecast years.
Competitive Landscape
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.
Key Questions Answered in the Market Research Report:
1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the UAE Telehealth Market?
2. What are the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the UAE Telehealth Market?
4. Who are the key competitors, their key strengths & weaknesses, and how they perform in the UAE Telehealth Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the UAE Telehealth Market study?
TABLE OF CONTENT
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. Impact of COVID-19 on UAE Telehealth Market
5. UAE Telehealth Market Trends & Insights
6. UAE Telehealth Market Dynamics
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
MENAFN21102021004694010674ID1103011634
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.