How have digital technologies upped the game for healthcare across GGC?
Digital health is one of the fastest-growing sectors in the Middle East. The region’s governments are investing in digital health to address many problems, including economic growth, ageing populations, and rising healthcare costs.
The Middle East has been a pioneer in mobile healthcare technologies and data-driven medical research. With investments from government and private sector players alike, digital health has become a key focus for regional governments looking to enhance their economies and reduce their healthcare spending.
In addition, the future of Artificial intelligence (AI) in healthcare is bright. AI can help providers and patients to make better, more informed decisions. #AI is at the forefront of the UAE and KSA government's strategic plans. AI can help providers by assisting them with diagnosis and treatment options. It can also help them stay up to date on new research and provide easy access to the latest guidelines. Patients have a lot of benefits from AI as well - they can find the right doctor for their needs, get answers to their questions quickly, and get reminders about appointments.
According to a Global Ventures report, the e-health market in the Middle East and Africa is projected to reach $1.8bn in 2024, growing at a compound annual growth rate of 12.8%. Meanwhile, MENA is the fastest-growing region in the Smart Health and Connected Hospital sector and is expected to be valued at $2.1bn by 2022.
Which industries are Investing in digital health? What actions are your Consumer Health organization taking to develop efficient business models?