#KSA Telehealth market players

[medi-techinsights]

GCC Countries Digital Health Market is anticipated to witness a significant growth by 2027 : Increasing Investment Opportunities in KSA & UAE

Digital health refers to the application of digital tools and technologies to monitor and manage illnesses, diseases and health risks and to advertise and promote wellness. The global scope of digital health includes many segments such as Telehealth, mHealth Apps, Connected Medical Devices & Services, Electronic Health Records (EHRs), Electronic Medical Records (EMRs), Healthcare Analytics, Digital Therapeutics, etc.

Rapid Growth in the GCC Countries Digital Health Market Post Covid-19 Pandemic

Due to strict government norms on social distancing during COVID-19 pandemic, GCC countries had seen a fast surge in the application of virtual care solutions, such as online consultations, online prescriptions, online pharmacies, RPM solutions, etc. which is poised to be the upcoming trend in the GCC regions. COVID-19 pandemic has created a fertile environment for all digital health startups. The GCC region had also seen the growth of many health tech startups post Covid-19 pandemic.

“Post Covid-19 Pandemic, to improve patient experience and enhance the quality of care, adoption of digital health has increased in leading GCC markets such as Saudi Arabia and UAE. An increasing number of Saudi-based companies such as Nala Health (Acquired by Integrative Health) and Cura Healthcare which provides instant consultations to tailored digital care programs are the major examples. Also, to reduce the need for physical hospital visits, Saudi Arabia’s Ministry of Health (MoH) has launched many mobile apps such as Mawid, Tabaud, and Seha, which provide virtual consultations.”-Partner, UAE-based Venture Capital Firm

Positive Funding Environment Triggers the Growth of the GCC Countries Digital Health Market

In recent years, the GCC countries has seen a rapid surge in the fundings and investments for digital health startups which is set to boost the growth of the GCC Countries Digital Health Market.

For instance,

In June 2022, WEMA Health, a digital health startup, launched its own services in UAE after raising $3.50 million in a seed funding round led by Dawn Health, Europe’s leading digital health company. The company offers a virtual obesity programme to help its members lose up to 20% of their body weight.

Competitive Landscape Analysis: GCC Countries Digital Health Market

Some of the top and emerging players operating in the GCC Countries digital health market are as follows: -

3M Health Information Systems

GE Healthcare

Philips Healthcare

InterSystems

Cerner Corporation

Epic Systems

Altibbi

Cura Healthcare

Integrative Health (Acquired Nala Health)

Ynmodata

Labayh

AlemHealth

Okadoc

Vezeeta

GluCare.Health

The major factors driving the growth of the GCC Countries digital health market are an increasing funding for healthcare IT and digital transformation in Saudi Arabia and United Arab Emirates, growing awareness of digital-health solutions, adoption of artificial intelligence, IoT and 5G in the healthcare-IT segment, growing healthcare service spending towards non-hospital care. However, potential cybersecurity threats and insufficient legal and regulatory frameworks to counter issues such as data protection, data privacy, and intellectual property rights are set to impact the market’s growth.

Get Detailed Insights on GCC Countries Digital Health Market with a FREE Sample Report @ https://meditechinsights.com/gcc-countries-digital-health-market/

[adityarana1687-blog]

Healthcare Cloud Computing Market Is Expected To Witness Higher Demands Till 2026

The global healthcare cloud computing market size is expected to reach USD 27.8 billion by 2026, according to a new report by Grand View Research, exhibiting a CAGR of 11.8% over the forecast period. The associated benefits of data analytics and increase in demand for flexible & scalable data storage by healthcare professionals is expected to drive the demand for these services over the forecast period.

Healthcare organizations are digitalizing their IT infrastructure and deploying cloud servers to improve features of systems. These solutions help organizations in reducing infrastructure cost & interoperability issues and aid in complying with regulatory standards. Hence, rising demand from health professionals to curb IT infrastructure costs and limit space usage are anticipated to boost market growth over the forecast period.

Increase in government initiatives undertaken to develop and deploy IT systems in this industry is one of the key drivers of this market. Moreover, increase in partnerships between private & public players and presence of a large number of players offering customized solutions are some of the factors anticipated to drive demand in the coming years.

Request a free sample copy or view report summary: Healthcare Cloud Computing Market Report

Healthcare Cloud Computing Market Report Highlights

Non-clinical information systems such as revenue cycle management, health information exchange, financial management, etc., accounted for the largest revenue share in application segment in 2018

Financial management segment held 23.0% share of the non-clinical segment in 2018 while billing and accounts management is expected to grow at the considerable CAGR during the forecast period

Private deployment model dominated the overall market owing to its benefits and ease of usage

Software as a Service (SaaS) model accounted for the largest revenue share as of 2018 as it is widely accepted. This model enables access to applications on a cloud from various devices

Pay-as-you-go pricing model is anticipated to gain popularity in the coming years, as the consumer only pays for services being used

North America dominated the market with a share of over 55.0% in 2018. This can be attributed to an increase in demand from payers as well as providers

Some key players of this healthcare cloud computing market include Athenahealth, Cerner Corporation, CareCloud Corporation, Carestream Corporation, Epic Systems Corporation, Dell Inc., and Sectra AB

Companies are forming various strategic alliances with clinical research organizations and medical devices companies to further expand their profit margins in the healthcare IT sector. These type of strategic collaborations are expected to aid market growth in the coming years.

Healthcare Cloud Computing Market Segmentation

Grand View Research has segmented the healthcare cloud computing market on the basis of the application, deployment model, pricing model, service model, end use, and region:

Healthcare Cloud Computing Application Outlook (Revenue, USD Million, 2014 - 2026)

Clinical Information Systems

Non-Clinical Information Systems

Electronic Medical Records

PACS, VNA, and Image Sharing Solutions

Population Health Management

Telehealth

Laboratory Information Management Systems

Pharmacy Information Systems

Radiology Information Systems

Other CIS

Revenue Cycle Management

Billing and Accounts Management

Financial Management

Healthcare Information Exchange

Fraud Management

Supply Chain Management

Other NCIS

Healthcare Cloud Computing Deployment Model Outlook (Revenue, USD Million, 2014 - 2026)

Private cloud

Hybrid cloud

Public cloud

Healthcare Cloud Computing Service Model Outlook (Revenue, USD Million, 2014 - 2026)

Software-as-a-service

Infrastructure-as-a-service

Platform-as-a-service

Healthcare Cloud Computing Pricing Model Outlook (Revenue, USD Million, 2014 - 2026)

Pay-as-you-go

Spot Pricing

Healthcare Cloud Computing End-use Outlook (Revenue, USD Million, 2014 - 2026)

Healthcare Providers

Healthcare Payers

Healthcare Cloud Computing Regional Outlook (Revenue, USD Million, 2014 - 2026)

North America

Europe

Asia Pacific

Central & South America

MEA

U.S.

Canada

Mexico

UK

Germany

France

Italy

Spain

Netherlands

Sweden

Denmark

Russia

Japan

China

India

Australia

Singapore

Brazil

Argentina

Chile

South Africa

KSA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.