Saudi Arabia Mhealth Market Size & Outlook, 2023-2030
Saudi Arabia Mhealth Market, 2018-2030 (US$M)
Global Market
Related Markets
Saudi Arabia mhealth market highlights
- The Saudi Arabia mhealth market generated a revenue of USD 323.3 million in 2023 and is expected to reach USD 862.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, mhealth apps was the largest revenue generating component in 2023.
- MHealth Apps is the most lucrative component segment registering the fastest growth during the forecast period.
Mhealth market data book summary
| Market revenue in 2023 | USD 323.3 million |
| Market revenue in 2030 | USD 862.8 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth apps |
| Fastest growing segment | MHealth Apps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wearables & Connected Medical Devices, MHealth Apps, Services |
| Key market players worldwide | Apple Inc, AT&T, Airstrip Technologies, Veradigm Inc, Qualcomm Inc, Vodafone Group PLC, Alphabet Inc Class A, Telefonica SA, SoftServe, Samsung Electronics Co Ltd, Orange SA |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global mhealth 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 mhealth market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 443.1 million by 2030.
Currently, the adoption of mHealth in Saudi Arabia is in its nascent stage. Increasing smartphone penetration and improving internet connectivity are some of the major drivers boosting the adoption rate. According to Ubuy estimates, approximately 92% of the Saudi population either has access to or owns a smartphone.
The number of smartphone users has significantly increased from 14.31 million individuals in 2013 to 33.55 million individuals in 2024. However, healthcare providers are transitioning from traditional practices to digital & virtual care at a restrained pace, thereby restricting the market growth in Saudi Arabia.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Apple Inc | View profile | 161,000 | One Apple Park Way, Cupertino, CA, United States, 95014 | www.apple.com |
| Veradigm Inc | View profile | 7,869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | www.veradigm.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| Orange SA | View profile | 129,500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | www.orange.com/en |
| SoftServe | View profile | 5001-10000 | Austin, Texas, United States, North America | www.softserveinc.com |
| Vodafone Group PLC | View profile | 85,225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | www.vodafone.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | www.att.com |
| Airstrip Technologies | View profile | 101-250 | San Antonio, Texas, United States, North America | www.airstrip.com/ |
Saudi Arabia Mhealth Market Outlook
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 Mhealth Market Outlook will help companies and investors design strategic landscapes.
Mhealth Apps was the largest segment with a revenue share of 52.74% in 2023.
Horizon Databook has segmented the Saudi Arabia mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
Currently, the adoption of mHealth in Saudi Arabia is in its nascent stage. Increasing smartphone penetration and improving internet connectivity are some of the major drivers boosting the adoption rate. According to Ubuy estimates, approximately 92% of the Saudi population either has access to or owns a smartphone.
The number of smartphone users has significantly increased from 14.31 million individuals in 2013 to 33.55 million individuals in 2024. However, healthcare providers are transitioning from traditional practices to digital & virtual care at a restrained pace, thereby restricting the market growth in Saudi Arabia.
- Saudi Arabia Mhealth Market Component Outlook (Revenue, USD Million , 2018-2030)
- Wearables & Connected Medical Devices
- mHealth Apps
- Services
- Saudi Arabia Mhealth Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Patients
- Providers
- Payers
- Other End-user
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Mhealth Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Mhealth Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Mhealth Market, 2018-2030 (US$M)
Saudi Arabia mhealth market statistics, by component, 2018-2030 (US$M)
