PUBLISHER: The Insight Partners | PRODUCT CODE: 1562246
PUBLISHER: The Insight Partners | PRODUCT CODE: 1562246
The Middle East & Africa teleradiology services market was valued at US$ 99.26 million in 2022 and is expected to reach US$ 328.53 million by 2030; it is estimated to register a CAGR of 16.1% from 2022 to 2030.
Promising 5G Technology to Enhance Bolsters Middle East & Africa Teleradiology Services Market
Telemedicine requires a network supporting high-quality videos while remotely monitoring patients in real time. Using 4G or older networks for transferring larger files between departments can be time-consuming, forcing physicians to spend their valuable time waiting for the file transfer process to complete. Upgrading to 5G can eliminate these blocks and provide healthcare providers with a more effective network that can continue to adapt to new technology. 5G is the next generation of wireless technology that benefits all devices operating in a network by providing higher bandwidths, faster speeds, and greater capacity to connect devices. 5G technology offers 100-2,000 times faster speed than typical hospital wireless networks, as it allows for quick data transfer even for large data sets (i.e., low latency), which will help the medical device connectivity to work faster. Remote patient monitoring aided in the proactive management of chronic diseases and the delivery of healthcare services. Healthcare experts increasingly recognized the value of medical device connectivity. As a result, the future of healthcare information systems is shifting toward digital data services. For example, EHRs, smart clinical administrative systems, and patient data portals are transforming the medical field to allow extraordinary access to care and interoperability among patient medical records. Due to various benefits offered by this technology, 5G is the best candidate to enrich cloud-based services and expand the offering of connected solutions. As 5G wireless connectivity expands what is possible from connected medical devices, care providers can treat more patients and provide medical assistance to underserved patients worldwide. It means a world of care accessibility for patients that was once impractical.
Wireless technology enables connectivity among devices in the hospital, at home, and wherever a point of need arises. 5G-enabled wearable devices can transmit large data packets throughout the day, driving improved patient outcomes through continuous remote monitoring. Thus, with increasing medical device connectivity usage, the need for a better network and technology also arises, and 5G is one such technology that is likely to offer growth opportunities to the market during the forecast period.
Middle East & Africa Teleradiology Services Market Overview
The UAE, Saudi Arabia, and South Africa are major countries in the Middle East & Africa. The market in the Middle East & Africa is anticipated to grow during the forecast period due to the rising prevalence of various chronic diseases, and conducive environment created by government initiatives in terms of funding and healthcare-related policies.
The Rest of Middle East & Africa countries comprises Egypt, Bahrain, GCC, and others. Egypt is potentially the best place for investing in the Middle East. Egypt has become the most dynamic and attractive market in the Middle East as the country has the second-largest pharmaceutical market after Turkey. Testing of drugs has shifted from Europe and the US to countries where trial costs are lower. Despite the limited functioning of the legislative and monitoring power of the government, the number of clinical tests in Egypt has risen, making it the most popular country in Africa for testing drugs (after South Africa).
Middle East & Africa Teleradiology Services Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Teleradiology Services Market Segmentation
The Middle East & Africa teleradiology services market is categorized into deployment type, modality, application, end user, and country.
Based on deployment type, the Middle East & Africa teleradiology services market is bifurcated into cloud-based and web-based. The cloud-based segment held a larger Middle East & Africa teleradiology services market share in 2022.
In terms of modality, the Middle East & Africa teleradiology services market is segmented into MRI, CT-scan, X-ray, ultrasound, and others. The CT-scan segment held the largest Middle East & Africa teleradiology services market share in 2022.
By application, the Middle East & Africa teleradiology services market is divided into musculoskeletal system, gastroenterology, cardiology, oncology, neurology, and others. The musculoskeletal system segment held the largest Middle East & Africa teleradiology services market share in 2022.
In terms of end user, the Middle East & Africa teleradiology services market is categorized into hospitals and clinics, diagnostic and imaging centers, others. The hospitals and clinics segment held the largest Middle East & Africa teleradiology services market share in 2022.
By country, the Middle East & Africa teleradiology services market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa teleradiology services market share in 2022.
Aster Medical Imaging LLC, medavis GmbH, Teleradiology Solutions Inc, TeleDiagnosys LLC, and Agilus Diagnostics Ltd are some of the leading companies operating in the Middle East & Africa teleradiology services market.