The UAE is leading the Middle East and Africa’s smart hospitals market, industry experts revealed during the recently held Arab Health 2020 healthcare event at Dubai World Trade Centre.
Experts predict that the smart hospitals market in countries such as the UAE in the Middle East and African region will be worth $2.1 billion by 2023.
Experts also revealed in the Arab Health 2020 event held in Dubai, UAE, that the smart hospitals market will grow at a compound annual growth rate (CAGR) of 13 percent till 2023.
Savitha Bhaskar, COO at Condo Protego, a leading UAE-based IT infrastructure, and information management consultancy and solutions provider, told the media, “The Middle East and Africa’s fast-growing smart hospitals market shows that healthcare providers are driving technology innovation. Healthcare providers and smart hospitals need to ensure that technology solutions meet both business and patient care goals.”
She added, “The UAE shows how smart hospitals and information management can make healthcare providers more secure, efficient, and cost-effective, and enhancing patient loyalty with more effective care. Connected healthcare is key to integrating providers, patients, and insurance companies.”
According to reports, the GCC healthcare market is estimated to be worth $70 billion. Also, experts believe the healthcare sector in GCC will grow at a CAGR of 5 percent.
The recently held Arab Health 2020 healthcare event in Dubai attracted 55,000 healthcare professionals and 4250 companies from 159 countries who exhibited healthtech solutions, other differentiated products and services and also showcased all the medical breakthroughs made in the Middle East and the North African (MENA) region.