Digital Treatment & Care - Cambodia

The Digital Treatment & Care market in Cambodia is projected to reach a revenue of US$37.42m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 12.46%, resulting in a projected market volume of US$67.31m by 2029.
The user penetration is estimated to be 8.42% in 2024 and is expected to increase to 10.75% by 2029.
The average revenue per user (ARPU) is projected to be US$25.97.
In global comparison, United States is expected to generate the highest revenue in the Digital Treatment & Care market, reaching US$29.91bn in 2024.
Cambodia's digital treatment and care market is rapidly expanding, driven by the government's push for healthcare digitization and the growing demand for telemedicine services in rural areas.

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 Cambodia is experiencing significant growth and development, driven by various factors influencing the healthcare sector in the country.

Customer preferences: Cambodian consumers are increasingly turning to digital solutions for their healthcare needs, seeking convenience, accessibility, and affordability. The rising adoption of smartphones and internet connectivity has fueled the demand for digital treatment and care services, making it easier for individuals to access healthcare information and services on-the-go.

Trends in the market: In Cambodia, there is a growing trend towards the use of contraception/fertility apps, medication checker apps, online pharmacies, and smart health devices such as thermometers, blood glucose meters, and blood pressure monitors. These digital tools provide users with the ability to monitor their health conditions, track medication usage, and receive personalized health recommendations, contributing to improved healthcare outcomes.

Local special circumstances: Cambodia's healthcare system faces challenges such as limited access to healthcare facilities, especially in rural areas, and a shortage of healthcare professionals. As a result, digital treatment and care solutions play a crucial role in bridging the gap between healthcare providers and patients, enabling individuals to receive timely medical advice and support remotely.

Underlying macroeconomic factors: The economic growth and increasing disposable income levels in Cambodia have made healthcare services more affordable and accessible to a larger segment of the population. Additionally, government initiatives to promote digital health technologies and improve healthcare infrastructure have created a conducive environment for the growth of the Digital Treatment & Care market 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.