Digital Treatment & Care - Kuwait

The Digital Treatment & Care market in Kuwait is expected to achieve a revenue of US$13.02m Kuwaiti Dinar by the year 2024.
This indicates a projected annual growth rate (CAGR 2024-2029) of 9.71%, leading to a market volume of US$20.70m Kuwaiti Dinar by 2029.
The user penetration rate is anticipated to be 16.79% in 2024, and it is forecasted to rise to 20.71% by 2029.
The average revenue per user (ARPU) is estimated to be US$17.83 Kuwaiti Dinar.
When compared to the global market, United States is expected to generate the highest revenue, with an estimated amount of US$29.91bn Kuwaiti Dinar in 2024.
Kuwait's digital health market is witnessing a surge in demand for telemedicine services, as patients seek convenient and accessible healthcare solutions.

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 Kuwait is experiencing significant growth and development, driven by various factors shaping the healthcare landscape in the country.

Customer preferences: In Kuwait, there is a growing preference for digital solutions in healthcare, including Digital Treatment & Care options. Consumers are increasingly looking for convenient ways to manage their health, leading to a rise in the adoption of digital tools such as medication checker apps, online pharmacies, and smart health devices.

Trends in the market: The Digital Treatment & Care market in Kuwait is witnessing a surge in the popularity of online pharmacies, allowing consumers to order medications and healthcare products with ease. Additionally, there is a growing demand for smart health devices like smart thermometers, blood glucose meters, and blood pressure monitors, enabling individuals to monitor their health parameters at home conveniently. Moreover, the use of social alarms for emergency assistance is also on the rise in Kuwait, providing a sense of security for the elderly population.

Local special circumstances: Kuwait's healthcare system is characterized by a strong focus on technology and innovation, creating a conducive environment for the growth of the Digital Treatment & Care market. The government's initiatives to promote digital health solutions and improve access to healthcare services are driving the adoption of these technologies in the country. Additionally, the high smartphone penetration rate in Kuwait is facilitating the widespread use of mobile health apps and digital devices for treatment and care purposes.

Underlying macroeconomic factors: The economic prosperity in Kuwait, driven by its oil reserves, is fueling investments in the healthcare sector, including digital health technologies. The government's efforts to diversify the economy and enhance the quality of healthcare services are supporting the expansion of the Digital Treatment & Care market in the country. Moreover, the young and tech-savvy population in Kuwait is increasingly embracing digital solutions for healthcare, contributing to the growth of the market.

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.