Healthcare IT market In Saudi Arabia 2023-2027
The healthcare IT market in Saudi Arabia is forecasted to grow by USD 1603.18 mn during 2022-2027, accelerating at a CAGR of 9.06% during the forecast period. The report on the healthcare IT market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of chronic diseases, growing aging population, and rising need for automation across departments in Saudi Arabia.
Technavio's healthcare IT market in Saudi Arabia is segmented as below:
By Component
By End-user
- Healthcare providers
- Healthcare payers
This study identifies the increase in adoption of telemedicine and other digital health solutions as one of the prime reasons driving the healthcare IT market in Saudi Arabia growth during the next few years. Also, healthcare providers and government agencies leveraging social media analytics and increasing use of internet-enabled mobile devices in healthcare it will lead to sizable demand in the market.
The report on the healthcare IT market in Saudi Arabia covers the following areas:
- Healthcare IT market sizing in Saudi Arabia
- Healthcare IT market forecast in Saudi Arabia
- Healthcare IT market industry analysis in Saudi Arabia
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading healthcare IT market in Saudi Arabia vendors that include 3M Co., Abbott Laboratories, athenahealth Inc., Bupa Arabia, Cognizant Technology Solutions Corp., Dassault Systemes SE, Dell Technologies Inc., Epic Systems Corp., General Electric Co., Informa PLC, International Business Machines Corp., King Faisal Specialist Hospital and Research Centers General Organization, Koninklijke Philips NV, Microsoft Corp., Ministry of National Guard Health Affairs, Oracle Corp., Siemens AG, Tata Sons Pvt. Ltd., and Wipro Ltd.. Also, the healthcare IT market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.