Prepared for Bassma A. | Delivered April 12, 2020
HealthTech Industry - MENA Region
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Provide an analysis of the heath-tech industry in the Middle East and North Africa (MENA) region covering the current supply gap, mobile penetration rate, market size, regulatory landscape, and initiatives, demographics, description, and evolution.
Provide an analysis of the health-tech industry focusing on global trends, demographics, traditional transformation cycles, and key players.
Provide an analysis of the health -tech sector in the Eastern Mediterranean (EM) region covering favorable demographics, tech-savvy population, need for healthcare inclusion, stakeholders, enablers, transformation, and case studies.
Provide an analysis detailing some of the emerging challenges and opportunities observable in the health-tech industry, projected regulatory and infrastructure growth, and emerging business models and use cases.
In 2017, about
of individuals living in the MENA regions were subscribed to a mobile service. This figure is expected to reach
Globally, MENA remains the
second least penetrated
region in the world. By 2025, the world's average mobile penetration rate will rise to
, 2 percent higher than the MENA region.
The global digital health market was valued at
$71 .4 billion
in 2017, and it is expected to grow to
The e-Health market in the Middle East and Africa was valued at
in 2019. The market is also projected to reach
in 2024, growing at a CAGR of 12.8 percent.
Overall, the Middle East and North Africa (MENA) healthcare market is projected to reach
by year-end 2020, mostly driven by the private health sector, which controls a third of the market.
According to MarketWatch, the Middle East and Africa digital health market is estimated to grow at
a moderate rate
. The growth is fostered by
growing literacy levels
and a significant
In addition, the adoption of smartphones in the Middle East and North Africa (MENA) region is anticipated to rise from
in 2018 to
According to HubSpot, the use of
in diagnosis and patient care is considered the most significant trend in health-tech.
Another top trend is the use of
virtual and augmented reality
in surgeries and training. The technology is currently being touted as the most effective and risk-free approach to surgical management.
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