Health Tech platforms have gained traction with the increasing prevalence of customers availing health services online due to the pandemic: Ken Research – GlobeNewswire

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| Source: Ken Research Ken Research
Gurugram, INDIA
Gurugram, India, Aug. 02, 2022 (GLOBE NEWSWIRE) —
Competition Scenario: The industry is currently concentrated with presence of 9 major players operating in the E-Pharmacy in UAE, 5 major players in the online consultation market and 6 major players in the IT Solutions market. Fast Delivery, Lower Price, User Convenience, wide product assortment and availability & Ease of Payment are the major factors that influence the buying decision of the consumer. The major players include Life Pharmacy, 800 Pharmacy, Medicoplus, Intersystem, Altibbi and Okadoc.
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Future Market Scenario (Upcoming Technologies): 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.
Regulations: The UAE Health Tech Players are expected to provide users of data protection, security and website integrity and encryption through online security certificate. DHA licensed physician with appropriate skills, competencies training and knowledge in relevant technologies and tools to provide consultation services.
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 servicesbelieve 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
By Region
By Business Model
Companies Covered:-
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Key Target Audience:-
Time Period Captured in the Report: –
Key Topics Covered in the Report:-
For more information on the research report, refer to below link:-
UAE Health Tech Market
Related Reports:
Vietnam Health Tech Market Outlook to 2026- Driven by Increase in Internet Penetration and Mobile Applications along with Technology Advancement in the country
Vietnam Health Tech market has grown at an increasing growth rate over the period 2018-2021, supported by the increase in geriatric population in the country along with growing internet penetration and use of e-platforms. Further improvements in advanced healthcare technology will generate greater demand for Health Tech products in Vietnam. Factors such as high disease prevalence, shifting from traditional practices to digital, technological novelties, growing healthcare expenditure and improving quality of healthcare services will drive the Health Tech Market in Vietnam in the coming years.
Philippines Health Tech Market Outlook to 2025- By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and By Region (Manila, Central Luzon, Mindanao/Davao, and Others
Philippines Health Tech Market had a slow growth initially. The slow growth corresponded to poor internet penetration and lack of technology awareness. Unorganized health tech infrastructure and a less tech-savvy population led to the accumulation of unharmonized healthcare data. The government faced a major difficulty when the healthcare challenges kept on increasing with the growing population. Increasing need and high government interest positively drove the Philippines health tech industry.
Indonesia Health Tech Market Outlook to 2025-Lack of Medical Staff and Protective Gear to Lean on Healthcare Startups in Indonesia
Indonesia Health Tech market grew at a very high growth rate over the review period 2017-2020 and was further supported by an increase in health awareness among the younger population, the advancement of technology in the market, introduction of new platforms in the market. The entry of domestic players with international investments has also contributed to the same. Strong growth was observed in Indonesia’s health tech industry majorly due to high-end user demand.
APAC Healthcare AI Market Outlook to 2025 – By Applications (Machine/Robot Assisted Medical Procedures, Clinical Trial & Drug Discovery/Development, Preliminary Diagnosis, Administrative Workflow Assistance, Virtual Nursing Assistant, Fraud Detection, Dosage Error Reduction), by Countries, by End Users & by Technologies and Current Investment Scenario
APAC AI in Healthcare Market has witnessed strong growth owing to rising number of collaborations, investments and partnerships among hospitals, healthcare providers, AI developers and medical device manufacturers; improved accuracy and predictive capacity of AI powered devices, limited number of skilled healthcare professionals in developing countries such as China and India and over the years advancements in processor design and manufacturing techniques across Asia Pacific region. The market size by revenue witnessed a five year CAGR of close to 56% during the review period (2013-2018) due to the combined effect of these factors. The market is currently placed in high growth stage with strong possibility for further innovations and developments at a faster pace with positive trends expected in the industry.
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