The Middle East and Africa Wireless Healthcare Market size is expected to grow from USD 3.76 billion in 2023 to USD 11.27 billion by 2028, at a CAGR of 24.54% during the forecast period (2023-2028).
It is predicted to aid the wireless healthcare market advance further across the region on the back of increased streamlining of communication and pressure relieving on the healthcare administration. On account of enhanced avoidance of cardiac attacks or disease identification for sooner treatment commencement, wireless healthcare has developed as a thriving healthcare industry around the region.
The Middle-East and African wireless healthcare market is moderately fragmented. The major players with a significant share of the market are expanding their customer base across various regions. Players are involved in product development and strategic collaborative initiatives with multiple companies to increase their market share and profitability.
In October 2022, Innovaccer Health Ltd, situated in Abu Dhabi Global Market, United Arab Emirates, was established by Innovaccer Inc., a Health Cloud firm. This is the company's most recent international market expansion outside of the United States, and it underscores the company's long-term growth plan and dedication to making healthcare more accessible, affordable, and of higher quality around the world.
In May 2022, GE Healthcare agreed to invest up to USD 50 million in Israeli firm Pulsenmore, marking another major step forward in enabling precision health. This investment aims to accelerate global acceptance of Pulsenmore's homecare ultrasound solutions while supporting its goal of obtaining FDA clearance and commercial expansion in the United States.
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