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Middle East and Africa Wireless Healthcare Market Size & Share 2021-2028

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Sheryl Dias
Middle East and Africa Wireless Healthcare Market Size & Share 2021-2028

Middle East and Africa wireless healthcare market size is anticipated to expand at a significant CAGR during the forecast period 2021–2028. Growth of the market is attributed to aging population, long-term chronic disease condition, growing demand for remote patient monitoring, and rapid acceptance of wearable devices.

 

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Wireless systems are manufactured to provide services at suitable time and place, allowing data access and data entry by medical personnel at the hospitals and nursing homes. Wireless healthcare technologies are estimated to generate new industries and applications to deal with healthcare issues in the coming years. Wireless communication and monitoring permits efficient response and patient mobility in emergency situations.

 

The Covid-19 pandemic affected the demand and supply of Middle East and Africa wireless healthcare market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

 

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing access to advanced technologies is projected to boost the market.
  • Rising adaptation of wireless healthcare in the hospital sector is the major factor fueling the market.
  • Increasing issues regarding cybersecurity and privacy is projected to restrict the market expansion during the forecast period.
  • Lack of awareness about wireless healthcare is anticipated to hamper the market growth in the coming years.
  • R&D investment and technological advancement in Middle East and Africa wireless healthcare market is projected to offer lucrative opportunities for the market players.

 

Market Segment Insights

 

The software segment is expected to grow at a rapid pace

Based on components, the Middle East and Africa wireless healthcare market is segregated into services, hardware, and software. The software segment accounts for a key share of the market. Growth of the market is attributed to rising medical tourism, increasing utilization of connected devices, and rising adaptation of healthcare IT solutions.

 

The hospitals and nursing homes segment accounts for a significant share of the market

On the basis of applications, the Middle East and Africa wireless healthcare market is segmented into pharmaceuticals, home care?, and hospitals and nursing homes. The hospitals and nursing homes segment accounts for a key share of the market.

 

The market in Israel is anticipated to hold significant market share

On the basis of regions, the Middle East and Africa wireless healthcare market is categorized as Israel, South Africa, Saudi Arabia, United Arab Emirates, and Rest of Middle East and Africa. The market of United Arab Emirates is estimated to expand at a high CAGR during the forecast period due to increasing healthcare expenditure and rapid development in private sector. The market of Israel is estimated to hold significant market share due to growing demand for healthcare industry, correct billing system management, and rapid digitalization in health care sector.

 

Competitive Landscape

Key players competing in the Middle East and Africa wireless healthcare market include Allscripts Healthcare Solutions Inc., Verizon Communication Inc., Extreme Networks Inc., AT&T Inc., Motorola Solutions Inc., Cisco Systems Inc., Samsung Electronics Co. Ltd, Koninklijke Philips NV, Qualcomm Technologies Inc., and Apple Inc. 

 

About Growth Market Reports:

GROWTH MARKET REPORTS provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GROWTH MARKET REPORTS has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.

 

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