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1. UAE Well being-Tech Market has grown at a CAGR of 57 % in 2021 and was fuelled by the Covid-19 pandemic
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The UAE Well being-Tech market witnessed a fairly strong development in recent times. A gradual uptick may be seen over the interval 2018-2021. The general market grew at a CAGR of 57.2% with a serious portion of the market being dominated by the Healthcare IT techniques. The principle development drivers have been:
COVID-19 has led to a change in client desire and precedence for Well being tech merchandise in the UAE.
Abu Dhabi Well being Companies is implementing an digital Medical Document throughout 14 hospitals and 65 clinics. Affected person Knowledge will drive effectivity and scale back duplicate procedures
Fuelled by the event of built-in applied sciences historically discovered within the clinic, e.g. blood stress, blood sugar or wound administration instruments which can be linked electronically to the PHR or EMR.
Growing tendency of self-diagnosis among the many inhabitants and better affordability over the net platforms with inclusive tax relaxations, and subscription based mostly advantages additional drives the expansion of the UAE e-pharmacy market.
2. The Well being Tech market is but to expertise the entry of a number of home and worldwide gamers and is predicted to mature and consolidate within the close to future
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Varied segments of UAE Well being tech market corresponding to E-pharmacy, On-line session & Well being IT Options differ between being extremely concentrated to reasonably concentrated. On the subject of e-pharmacy, smartphones are anticipated to behave as point-of-care and residential well being diagnostic instruments for situations corresponding to urinary tract infections or diabetic eye illness whereas IoT linked gadgets, cloud based mostly algorithms, and quantum computing can allow real-time analysis and insights. In on-line session, improvement of holistic platforms that are anticipated to cowl a variety of providers together with physician session, prescription and report administration, diagnostics, e-pharmacy, wellness and illness administration providers can also be going to be seen. Furthermore, in Well being IT options, improved knowledge storage and dealing with, knowledge possession, legal responsibility of assorted stakeholders are some possible future tendencies.
3. Telemedicine, AR & VR, blockchain, Synthetic Intelligence, machine studying, and the usage of knowledge are among the tendencies which can be going to form the health-tech market within the coming years
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The UAE Well being-Tech Market is predicted to witness a gentle, strong development over the following few years, pushed largely by technological improvements like synthetic intelligence, machine studying & knowledge utilization. Emergence of the teleconsultation platform ecosystem enabled by cellular medical models and intermediaries for entry, adoption and scalability, AI will show to be an important device in establish patterns which can generate extra insights and make well being tech corporations extra environment friendly when it comes to dealing with and manufacturing & VR environments that assist prepare individuals to take care of psychological well being points corresponding to Bipolar Dysfunction, Publish Traumatic Stress Dysfunction & stroke sufferers resolve motor deficits are some key tendencies that can most likely form the long run. Healthcare IT Options is predicted to carry the most important market share whereas on-line session will most likely maintain the smallest share.
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Ken Analysis is a Market Analysis and Consulting Agency, based mostly out of India, Indonesia and UAE. Since 2011, we now have been aiding purchasers globally with our Syndicate and Bespoke Market Analysis and Advisory Companies.
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