According to the MarkNtel Advisors’ research report, “UAE Telehealth Market Analysis, 2021,” the market is likely to grow at a CAGR of 25% during 2021-26 due to rapid development in telecommunication technology, the surging prevalence of chronic diseases like hypertension and diabetes for continuously monitoring patient’s conditions, and the rising market penetration of smart gadgets. Apart from this, the mounting need for expanding healthcare access, shortage of physicians, and snowballing adoption of advanced technologies are other essential aspects backing the growth of the UAE Telehealth Market.
Key questions answered in the study
Real-Time- Interaction Attained the Highest Market Share
Based on the Component, the market segments into Hardware, Software, and Services. The Services segment further bifurcates into Remote Patient Monitoring (RPM), Store-and-Forward, and Real-time interaction. Among these subdivisions, Real-time interaction accounted for the largest share in the UAE Telehealth Market in the previous few years due to the surging demand for e-visits as they cost comparatively less than face-to-face consultations. Further, real-time interaction also provides appropriate care and reduces the probability of adverse effects of a disease.
“UAE Telehealth Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Telehealth providers across the regions. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
Abu-Dhabi & Al Ain Exhibits Fastest Growth
Abu-Dhabi & Al Ain is likely to register the fastest growth in the UAE Telehealth market during 2021-26 due to the rapid expansion of the healthcare industry and the increasing demand for healthcare assistance. Additionally, rising innovations in the telecommunication sector and mounting medical tourism further boost the market in Abu Dhabi & Al Ain, thereby propelling the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “UAE Telehealth Market Analysis, 2021.”
According to MarkNtel Advisors, the major leading players in the UAE Telehealth Market are NextGen Healthcare, VSee, OKADOC, Doxy.me, Abu Dhabi Telemedicine, vHealth, Insta doctor, Medcare, Trydoc 24x7, and Others.