The Remote Health Monitoring Market in Saudi Arabia


Posted May 3, 2022 by alexakent

Saudi Arabia, 5th May 2022: During the forecast period, 2022-2027, the Remote Patient Monitoring Solution providers Market in Saudi Arabia is expected to develop at a CAGR of over 18%.
 
Saudi Arabia, 5th May 2022: During the forecast period, 2022-2027, the Remote Patient Monitoring Solution providers Market in Saudi Arabia is expected to develop at a CAGR of over 18%. The market is primarily driven by healthcare providers who are focusing on improving customer experience, the government's push to diversify the economy away from crude earnings to support medical tourism, and the integration of disruptive technologies like AI, Blockchain, and others into healthcare services to modernize the country's health infrastructure.

In 2021, the country's total number of hospitals was estimated to reach about 507. In the next three years, about 31% of these institutions aim to revamp and improve their IT systems, which will include increased use of innovative software and platforms that will help in better utilization of remote patient monitoring services.
The Saudi government will be the largest spender on healthcare IT integration throughout the period 2022-27, accounting for about 90% of total spending, with private healthcare institutions contributing the rest. Data security will be the most pressing concern for industry leaders in the remote health monitoring system market in 2021. More than 7 million computer hackers were reported in Saudi Arabia, with a large number of them aimed against the rising healthcare to gain access to individuals' personal health information. As a result, providing effective cyber security will continue to be a major concern where healthcare professionals' cyber expertise is extremely poor.

Hospitals entirely dominated the Saudi Arabian remote patient monitoring market in 2021. In 2021, the hospital category had a market share of more than 60% in the country. The demand from specialist clinics and ambulatory surgery centers appears to be increasing. In comparison to hospitals, however, both of these end-users investments would be relatively cheap.

Both commercial and public institutions are making significant investments in remote patient monitoring. Two-thirds of the country's 290 government-owned hospitals are working on delivering remote health monitoring, which is in various stages. In comparison to government hospitals, private hospitals are moving faster to incorporate remote patient monitoring options.
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Issued By alexa
Country United Arab Emirates
Categories Software , Technology
Tags remote care management , remote health monitoring system in riyadh , remote patient monitoring devices in healthcare , remote patient monitoring software development in saudi arabia
Last Updated May 3, 2022