The UAE patient engagement solutions market is projected to grow from $85.05 Mn in 2022 to $229.32 Mn by 2030, registering a CAGR of 13.2% during the forecast period of 2022 - 2030. The main factors driving the growth would be high healthcare expenditure, rising chronic disease burden, focus on preventive care and government support. The market is segmented by component, delivery mode, application, therapeutic area, functionality and by end-user. Some of the major players include Okadoc, Healthigo, Orion Health, IBM and Mckesson.
The UAE patient engagement solutions market is projected to grow from $85.05 Mn in 2022 to $229.32 Mn by 2030, registering a CAGR of 13.2% during the forecast period of 2022 - 2030. National healthcare spending in the UAE increased from 4.15% in 2018 to 4.28% in 2019 as a percentage of GDP. The UAE government has prioritised developing advanced healthcare infrastructure, and as a result, the sector has developed and grown significantly over the past several years.
A cloud-based patient engagement tool enables healthcare providers to improve the patient experience. Modern patient engagement software makes it feasible for patients to go through every step of their trip, from booking to triage to follow-up.
The market for patient engagement solutions in the UAE is extremely competitive, with both domestic and foreign companies competing for market share. Electronic Medical Record (EMR) providers, telemedicine firms, mobile health (mHealth) suppliers, and patient engagement platforms are some of the market's major players. There will probably be more competition and industry consolidation as the market expands.
Market Growth Drivers
The UAE patient engagement solutions market is expected to be driven by factors such as high healthcare expenditure, rising chronic disease burden, focus on preventive care and government support. The UAE government has made considerable investments in digital health infrastructure, and people are increasingly utilising these services.
Market Restraints
Although the UAE has made major expenditures in digital infrastructure, certain patients may still have limited access to the internet or technology. Internet penetration in the UAE is 91.6%, but for people 55 and older, it declines to 68%, according to a 2020 report by the UAE Telecommunications Regulatory Authority. This limits the market growth in the country.
Key Players
November 2022: Okadoc, a health-tech company based in the UAE, announced a $10 Mn first close for its pre-series B investment round. Okadoc will be able to provide consumers with a hybrid kind of healthcare delivery with the funds.
The UAE government has created initiatives to encourage the use of technology in healthcare, such as the Dubai Health Strategy 2021 and the UAE National Health Agenda. The Patient Safety Strategy and the Dubai Health Experience are two programs that the Dubai Health Authority (DHA) has started to promote patient engagement. In order to safeguard patient data security and privacy, the UAE government has also adopted legislation and regulations, such as Federal Law No. 2 of 2019 on the Use of Information and Communication Technology in Healthcare.
Government organisations like the DHA and the Abu Dhabi Department of Health oversee the patient engagement solutions sector in the UAE. These organisations are in charge of supervising healthcare professionals and making sure they adhere to strict safety and quality requirements. Additionally, international regulations like HIPAA for patient privacy protection and ISO 27001 for information security management must be followed by healthcare providers who offer patient engagement solutions.
Healthcare providers in the UAE are often paid through a combination of public and private insurance plans, with various policies and rules applying based on the kind of service being rendered. Insurance policies may pay for patient engagement solutions, however, this frequency depends on the service in question's specific characteristics and advantages.
1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By component (Revenue, USD Billion):
By Delivery Mode (Revenue, USD Billion):
By Application (Revenue, USD Billion):
By Therapeutic area (Revenue, USD Billion):
By Functionality (Revenue, USD Billion):
By End-user (Revenue, USD Billion):
Insights10 will provide you with the reports within 10 key parameters which are:
Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.
Stage I: Market Data Collection
Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.
Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.
Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:
Stage II: Market Data Analysis and Statistical Model
Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.
Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.
The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.
The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.
Data Triangulation & Validation:
Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.
We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.
Stage III: Interpretation and Presentation
Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)
Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.
Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.
This report addresses
Need more?