Promising 5G Technology to Enhance Medical Device Connectivity to Fuel Middle East & Africa Medical Device Connectivity Market Growth During Forecast Period
Telemedicine requires a network supporting high-quality videos during real-time remote patient monitoring. Using 4G or older networks for transferring larger files between departments can be time-consuming, forcing physicians to spend their valuable time waiting for the file transfer process to complete. Upgrading to 5G can eliminate these blocks and provide healthcare providers with a more effective network that can continue to adapt to new technology. 5G is the next generation of wireless technology that benefits all devices operating in a network by providing higher bandwidths, faster speeds, and greater capacity to connect devices. 5G technology offers 100-2,000 times faster speed than typical hospital wireless networks, as it allows for quick data transfer even for large data sets (i.e., low latency), which can help the medical device connectivity to work faster. Using connected medical devices paired with smart data applications and artificial intelligence (AI), doctors can remotely track the patient’s vitals and efficiently proceed with the diagnosis, prescription, and treatment plans. 5G technology has the ability to transform the healthcare sector with its high speed, low latency, and improved data accuracy. Thus, combining 5G technology and AI can greatly improve the healthcare sector. The importance of telehealth solutions was widely witnessed during the COVID-19 pandemic, when maintaining social distancing was imperative. Also, remote patient monitoring aided in the proactive management of chronic diseases and the delivery of healthcare services. Moreover, 5G is a key enabling technology for digital health and the Internet of Things (IoT) and is quickly being incorporated into various medical devices. Wireless technology enables connectivity among devices in the hospital, home, etc. 5G-enabled wearable devices can transmit large data packets throughout the day, driving improved patient outcomes through continuous remote monitoring. Thus, with increasing medical device connectivity usage, the need for a better network and technology also arises, and 5G is one such technology that is likely to offer growth opportunities to the market during the forecast period.Middle East & Africa Medical Device Connectivity Market Overview
The Middle East & Africa medical device connectivity market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Saudi Arabia is expected to account for the largest market share and is expected to develop moderately in the Middle East & Africa. Countries such as the UAE and South Arabia are expected to be the largest contributor to the medical device connectivity market due to the large geriatric population and a surge in the prevalence of various diseases, which require telehealth and remote online consultation. Technology has become mainstream in healthcare, with more than 50% of hospitals in the UAE using various IoT-based solutions; approximately 90% of doctors use smartphones and medical apps to provide healthcare. The population of the Middle East also makes it easier to implement telehealth; ~85% are under the age of 45, and ~90% of this population uses mobile technology, laptops, and tablets. The UAE government supports establishing a telematics infrastructure and advancing telemedicine applications with the aim of country-wide provision of healthcare services in the long term through various initiatives. The UAE has several companies offering teleconsultations, from independent telemedicine companies to health insurers. In March 2020, the UAE Ministry of Health and Prevention (MOHAP) collaborated with Du, a telecom company, to establish the first virtual hospital in the Middle East to provide remote care to patients. In July 2020, UAE-based Mulk Healthcare launched the first "e-hospital" in the form of an app for providing medical services.Middle East & Africa Medical Device Connectivity Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Medical Device Connectivity Market Segmentation
The Middle East & Africa medical device connectivity market is segmented into product and services, technology, application, end user, and country. Based on product and services, the Middle East & Africa medical device connectivity market is segmented into medical device connectivity solutions and medical device connectivity services. The medical device connectivity solutions segment registered the largest market share in 2022.Based on technology, the Middle East & Africa medical device connectivity market is segmented into wireless technologies, hybrid technologies, and wired technologies. The wireless technologies segment registered the largest market share in 2022.
Based on application, the Middle East & Africa medical device connectivity market is segmented into vital signs and patient monitors, anesthesia machines and ventilators, infusion pumps, and others. The vital signs and patient monitors segment registered the largest market share in 2022.
Based on end user, the Middle East & Africa medical device connectivity market is segmented into hospitals, ambulatory surgical centres, imaging and diagnostic centres, and homecare settings. The hospitals segment registered the largest market share in 2022.
Based on country, the Middle East & Africa medical device connectivity market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the market share in 2022.
Cisco Systems Inc, Digi International Inc., GE HealthCare Technologies Inc, iHealth Labs Inc, Infosys Ltd, Koninklijke Philips NV, Lantronix Inc., Medtronic Plc, and Oracle Corp are the leading companies operating in the Middle East & Africa medical device connectivity market.
Table of Contents
Companies Mentioned
- Cisco Systems Inc
- Digi International Inc.
- GE HealthCare Technologies Inc
- iHealth Labs Inc
- Infosys Ltd
- Koninklijke Philips NV
- Lantronix Inc.
- Medtronic Plc
- Oracle Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 173 |
Published | July 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 46.91 million |
Forecasted Market Value ( USD | $ 145.95 million |
Compound Annual Growth Rate | 20.8% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 9 |