Uae Internet Of Medical Things (Iomt) Market, 2023-2030
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Uae Internet Of Medical Things (Iomt) Market, 2018-2030 (US$B)
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UAE internet of medical things (iomt) market highlights
- The UAE internet of medical things (iomt) market generated a revenue of USD 1.6 billion in 2023 and is expected to reach USD 7.5 billion by 2030.
- The UAE market is expected to grow at a CAGR of 24.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Internet of medical things (iomt) market data book summary
| Market revenue in 2023 | USD 1.6 billion |
| Market revenue in 2030 | USD 7.5 billion |
| Growth rate | 24.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Boston Scientific Corp, BIOTRONIK, Cisco Systems Inc, GE Aerospace, Honeywell International Inc, International Business Machines Corp, Johnson & Johnson, Koninklijke Philips NV, Lenovo Group Ltd, Medtronic PLC, NeuroMetrix Inc, Microsoft Corp, SAP SE ADR, Siemens AG |
Other key industry trends
- In terms of revenue, UAE accounted for 0.9% of the global internet of medical things (iomt) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa internet of medical things (iomt) market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.9 billion by 2030.
The UAE market accounted for a revenue share of 16.3% in 2023. The country’s significant investments in healthcare infrastructure are leading to the adoption of advanced technologies to improve healthcare delivery. Furthermore, there is a growing trend of partnerships between technology companies, healthcare providers, government, and research institutions to develop and implement IoMT solutions.
These collaborations drive innovation and the integration of advanced medical technologies. For instance, in February 2023, the UAE health authorities announced the successful integration of three key healthcare platforms, namely Riayati, Malaffi, and Nabidh. The integration allows for seamless data sharing and communication between these platforms, enabling healthcare providers to access patient records and medical information more easily.
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Internet Of Medical Things Iomt Market Report
Internet Of Medical Things Iomt Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Apple Inc | View profile | 161,000 | One Apple Park Way, Cupertino, CA, United States, 95014 | www.apple.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| SAP SE ADR | View profile | 107,602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | www.sap.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
UAE internet of medical things iomt market report
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Internet of Medical Things (IoMT) Market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 43.75% in 2023.
Horizon Databook has segmented the Uae internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE market accounted for a revenue share of 16.3% in 2023. The country’s significant investments in healthcare infrastructure are leading to the adoption of advanced technologies to improve healthcare delivery. Furthermore, there is a growing trend of partnerships between technology companies, healthcare providers, government, and research institutions to develop and implement IoMT solutions.
These collaborations drive innovation and the integration of advanced medical technologies. For instance, in February 2023, the UAE health authorities announced the successful integration of three key healthcare platforms, namely Riayati, Malaffi, and Nabidh. The integration allows for seamless data sharing and communication between these platforms, enabling healthcare providers to access patient records and medical information more easily.
- Uae Internet Of Medical Things (Iomt) Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Uae Internet Of Medical Things (Iomt) Market Deployment Outlook (Revenue, USD Million , 2018-2030)
- On-premise
- Cloud
- Uae Internet Of Medical Things (Iomt) Market Application Outlook (Revenue, USD Million , 2018-2030)
- Telemedicine
- Clinical Operations & Workflow Management
- Connected Imaging
- Medication Management
- Inpatient Monitoring
- Others
- Uae Internet Of Medical Things (Iomt) Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Homecare
- Clinics
- Hospitals
- Research Institutes & Academics
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE internet of medical things iomt market report, including forecasts for subscribers. This country databook contains high-level insights into UAE internet of medical things iomt market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Uae Internet Of Medical Things (Iomt) Market, 2018-2030 (US$B)
UAE internet of medical things iomt market report statistics, by component, 2018-2030 (US$M)
