KSA Health Tech Market Thrives with Over $50 Mn Investment in Healthcare IT Systems and Online Consultations, Serving over 660 Th Patients, What’s Next?: Ken Research

Online Consultation and Healthcare IT Systems Market (Segment of KSA Health Tech Market) are expected to growth at a robust CAGR of 22.5% and 9.0% respectively in next 5 years, says a report by Ken Research.

1. Exploring the Rapid Growth of Online Consultation Market in KSA: Pandemic and High Mobile Internet Penetration Driving Demand

KSA Online Consultation Market GMV and Revenue, 2017-2022: Click Here

Due to the pandemic, medical consultations shifted to online platforms as a replacement for face-to-face consultations. This trend has continued, with e-consultations being used to treat patients from a distance and reduce crowding in healthcare settings. The adoption of telehealth in KSA has been driven by the high penetration of smartphones and the internet among the population, which was 92.4% and 100% in 2022, respectively. Telehealth has also been mandated by the MoH to be covered by healthcare insurance provided by public and private bodies.

2. Recent Market Trends: Fundraising for Patient Journey Improvement, Diabetes Management, and Virtual Hospital Establishment

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3. The Robust Growth of Healthcare IT Solutions Market in KSA: Government Mandates and Benefits Drive Impressive CAGR During 2017-2022

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