Digital Treatment & Care - Brunei Darussalam

The Digital Treatment & Care market in Brunei Darussalam is expected to reach a revenue of US$5.31m in 2024.
This projected revenue is anticipated to experience an annual growth rate (CAGR 2024-2029) of 12.09%, resulting in a market volume of US$9.40m by 2029.
In terms of user penetration, it is estimated to be 13.55% in 2024 and is projected to increase to 16.13% by 2029.
Furthermore, the average revenue per user (ARPU) is expected to be US$85.99.
When compared globally, United States is anticipated to generate the highest revenue, amounting to US$29.91bn in 2024.
Brunei Darussalam is embracing digital treatment and care solutions to improve healthcare accessibility and quality for its population.

Definition:

The Digital Treatment & Care market includes devices and apps that help users monitor and analyze lifestyle-related aspects and improve their overall health. It includes user and revenue trends for four categories: digital care management, connected Biosensors, and online pharmacies.

Structure:

The Digital Treatment & Care market is divided into four markets:

Connected Biosensors: Biosensors that collect information on a variety of health parameters and vital signs of an individual (blood pressure, temperature, blood glucose, weight) by reading or measuring this data and transmitting it via electrical signals.

Digital Care Management: Various apps that help users monitor/detect/analyze physical health conditions. Contraception and fertility apps provide users with guidelines on self-care, family planning, and birth control, raise their awareness, and offer monitoring functions. Medication checker apps provide users with useful dosage intake guidelines, drug interaction information, and personal medication records.

Online Pharmacies: Over-the-counter medicine that can be purchased without a medical prescription through online sales channels. The market comprises analgesics, cold and cough medication, digestives and intestinal remedies, skin treatment products, and vitamins and minerals.

Digital Therapeutics (DTx): Software-based therapeutic interventions that deliver evidence-based therapeutic content to patients to prevent, manage, or treat a medical condition. DTx can be used to treat a wide range of conditions, including chronic diseases, mental health disorders, and substance use disorders.

Additional Information:

The digital care management user base includes paying and non-paying customers. The revenue figures only include revenues generated from paid apps offering premium options and from in-app purchases; revenues from app downloads and advertising are not included. The data only reflects B2C revenues; B2B and C2C revenues are not covered.

Contraception and fertility apps
Medication checker apps
Smart blood pressure meters
Smart thermometers
Smart glucose meters
Natural and synthetic agents
Analgesics (e.g., aspirin, paracetamol)
Cough and cold remedies (e.g., Vicks VapoRub)
Vitamins and minerals
Skin treatment products
Care phones/social alarms

Health tracking devices
Fitness apps
Sleeping apps
Mood improvement apps
Health tracking apps
Fitness wearables
Fitness apps
Motion trackers

The Digital Treatment & Care market in Brunei Darussalam is experiencing significant growth and development, driven by various factors shaping the healthcare landscape in the country.

Customer preferences: Customers in Brunei Darussalam are increasingly gravitating towards digital solutions in healthcare, seeking convenience, efficiency, and accessibility. The rising adoption of smartphones and internet connectivity has paved the way for the popularity of digital treatment and care options among tech-savvy consumers. The demand for remote monitoring, personalized healthcare services, and easy access to medical information is driving the uptake of digital tools such as medication checker apps, smart thermometers, and online pharmacies.

Trends in the market: In Brunei Darussalam, there is a noticeable trend towards the use of smart health devices like smart blood glucose meters and smart blood pressure meters. These devices offer users the ability to track their health metrics in real-time, enabling proactive management of chronic conditions. Additionally, the growing awareness of the importance of preventive healthcare is fueling the adoption of digital therapeutics and health monitoring tools in the country. Contraception/fertility apps are also gaining popularity among individuals looking for convenient and discreet family planning solutions.

Local special circumstances: Brunei Darussalam's small geographic size and dispersed population present unique challenges in delivering healthcare services to remote areas. Digital treatment and care solutions offer a promising avenue to overcome these barriers by providing virtual consultations, remote monitoring, and medication delivery services. The government's push towards digital transformation in healthcare, coupled with initiatives to promote telemedicine and e-pharmacy services, is further propelling the growth of the digital treatment & care market in the country.

Underlying macroeconomic factors: The increasing healthcare expenditure and focus on improving healthcare infrastructure in Brunei Darussalam are driving investments in digital health technologies. The government's efforts to enhance healthcare accessibility and quality are creating a conducive environment for the expansion of digital treatment and care services. Moreover, the rising prevalence of chronic diseases and the need for efficient healthcare solutions are encouraging the adoption of digital tools for disease management and health monitoring in the country.

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.