July 2022 | UAE News
- UAE E-Pharmacy players are opting for mobile
apps which saw ~3.2 Mn orders in 2021.
- UAE Teleconsultation companies provide
convenience and flexibility of video calling doctors which had a 79.4 Mn
AED in 2021.
- Malaffi a public-private sector collaboration
became operational in 2019 to solve IT needs during the pandemic.
UAE Online Health Tech Market Analysis
Target
Addressable Audience for UAE Health Tech: Smartphone penetration in the UAE as of 2021 was close to 98% with
complete internet penetration. Close to two thirds of the population is between
the age group of 25 to 54 years of age, resulting in a cohort of highly engaged
internet users willing to make the switch to Health Tech services. This is the
major factor which is driving the Health Market in UAE. Hospitals, Clinics and
Pharmaceutical establishments are also end users.
Technologies
Facilitating Business Operations: Companies
have been constantly on the look out to adapt new technologies in their
operations. Clinic management software, real time monitoring & business
analytics have driven the day-to-day operations in the industry. Artificial
Intelligence has helped the companies to offer personalize experience to
customer.
Future
Market Scenario: The demand
for the UAE Health Tech Market is expected to expand with at a double digit 11%
CAGR on the basis of GMV between 2022 and 2026. Emergence of the teleconsultation
platform ecosystem enabled by mobile medical units and intermediaries, VR
technology, AI & Blockchain are some of the technologies to revolutionize
the world. Demand Prediction and Customer Behaviour Analysis is crucial to
ensure sufficient availability and to ensure minimum degradation and stock-outs
of HealthCare products
Analysts at Ken Research in their
latest publication “UAE Health Tech Market Outlook to 2026 - Driven by
Increasing demand for Convenience and Shifting Customer behavior towards Online
Health services” believe that the Health Tech Market in UAE is
expected to demonstrate strong growth owing to the increase in demand for
deliveries of pharmaceutical products, wide product assortment, convenient
& hassle-free online teleconsultation experience.
Key Segments
Covered
- By Product Category
- E-Pharmacy
- Online Consultation
- HealthCare IT Solutions
- By Region
- UAE
- Sharjah
- Ajman
- By Business Model
- Omni Channel Model
- Inventory Led Model
- E-Commerce Model
- Annual Subscription Model
Companies
Covered
- Life Pharmacy
- 800 Pharmacy
- InstaShop
- Aster Pharmacy
- BinSina
- Medicina
- SouKare
- Docib HealthCare
- CHS Community Pharmacy
- Altibbi
- Okadoc
- Healthigo
- Health at Hand
- Abu Dhabi Telemedicine Centre
- Tru Doc 24x7
- Intersystem
- Cerner
- Medicoplus
- Insta-Practo
- Simplex Himes
- Safe Care Technology
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Key Target
Audience
- UAE E-Pharmacy Companies
- UAE Online Consultation Companies
- UAE HealthCare IT Solutions Companies
- Investors & Venture Capitalists
Time Period
Captured in the Report: -
- Historical Period: 2018 – 2021P
- Forecast Period: 2022 – 2026.
Key Topics
Covered in the Report
- How is the UAE Health Tech Market positioned
in the UAE?
- Evolution of the UAE Health Tech Market
- Consumer Purchase Behavior
- Supply Ecosystem and Challenges
- Market Size and Segmentation
- SWOT Analysis
- Current Technologies Facilitating UAE Health
Tech Market
- Upcoming Technologies in UAE Health Tech
Market
- Investment and Funding in UAE Health Tech
Companies in UAE
- Competitive Landscape – Cross Comparison of
Major Players
- Company Profiles
- Case study & Analyst Recommendations
- Research Methodology
Related Reports
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
