Digital Treatment & Care - Gabon

Gabon

The Digital Treatment & Care market in Gabon is projected to reach a revenue of US$4.21m by 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 6.51%, resulting in a projected market volume of US$5.77m by 2029.
The user penetration rate is expected to be 7.07% in 2024 and is projected to increase to 8.64% by 2029.
The average revenue per user (ARPU) is expected to be US$23.98.
In global comparison, United States is anticipated to generate the highest revenue in the Digital Treatment & Care market, amounting to US$29,910.00m in 2024.
In Gabon, the demand for digital treatment and care in the digital health market is rapidly increasing, with a focus on improving access to healthcare services in remote areas.

Key regions: Japan, India, United States, Canada, Italy

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.

Market

Region

Region comparison

Currency

Analyst Opinion

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

Customer preferences: Consumers in Gabon are increasingly turning to digital solutions for their treatment and care needs, seeking convenience, accessibility, and efficiency in managing their health. The demand for contraception/fertility apps, medication checker apps, online pharmacies, smart health devices such as thermometers, blood glucose meters, and blood pressure monitors, as well as social alarms, is on the rise as individuals look for ways to take control of their health and well-being.

Trends in the market: In Gabon, there is a noticeable trend towards the adoption of digital therapeutics and care solutions, with more people embracing technology to monitor and improve their health outcomes. Contraception/fertility apps are gaining popularity among women looking for reliable family planning methods, while medication checker apps are helping individuals ensure the safety and efficacy of their prescribed medications. The convenience of online pharmacies is also driving their growth in the market, offering a wide range of healthcare products at the fingertips of consumers. Moreover, the use of smart health devices like thermometers, blood glucose meters, and blood pressure monitors is becoming more prevalent as people seek to track their vital signs and manage chronic conditions effectively. Additionally, social alarms are playing a crucial role in ensuring the safety and well-being of vulnerable populations in Gabon.

Local special circumstances: Gabon's healthcare system is witnessing a shift towards digitalization, with the government and healthcare providers increasingly recognizing the importance of technology in delivering quality care to the population. The country's relatively high internet penetration rate and growing smartphone adoption are facilitating the uptake of digital treatment and care solutions among Gabonese consumers. Moreover, the urbanization trend in Gabon is creating a conducive environment for the expansion of digital health services, as more people move to cities and seek innovative healthcare options.

Underlying macroeconomic factors: The economic stability and rising disposable incomes in Gabon are enabling more people to invest in their health and well-being, driving the demand for digital treatment and care solutions. Furthermore, the government's efforts to improve healthcare infrastructure and promote technological innovation in the sector are supporting the growth of the digital health market in the country. As Gabon continues to prioritize healthcare advancements and digital transformation, the Digital Treatment & Care market is expected to expand further, offering opportunities for both local and international players to contribute to the evolution of the healthcare ecosystem in the country.

Methodology

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.