Market Overview
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.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-2026) | 25% |
| Key Companies Profiled | NextGen Healthcare, VSee, OKADOC, Doxy.me, LLC, Abu Dhabi Telemedicine, vHealth, Insta doctor, Medcare, Trydoc 24x7 |
| Unit Denominations | USD Million/Billion |
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.
