Online Doctor Consultations - Saudi Arabia

Saudi Arabia

Highlights

The Online Doctor Consultations market in Saudi Arabia is expected to experience significant growth in the coming years.
According to projections, the market's revenue is estimated to reach US$102.60m by 2024.
This growth is expected to continue at an annual growth rate (CAGR 2024-2029) of 4.73%, resulting in a projected market volume of US$129.20m by 2029.
In terms of user penetration, it is anticipated that 3.48% of the population in Saudi Arabia will utilize online doctor consultations in 2024.
This figure is expected to increase to 3.54% by 2029, indicating a growing acceptance of this healthcare service among the Saudi population.
The average revenue per user (ARPU) is projected to be US$78.64.
This metric provides insights into the average amount of revenue generated per user in the online doctor consultations market in Saudi Arabia.
When compared to other countries, it is worth noting that United States is expected to generate the highest revenue in the global online doctor consultations market.
With an estimated revenue of US$2.39bn in 2024, United States holds a significant share of the market.
Overall, the Online Doctor Consultations market in Saudi Arabia is poised for growth, with increasing user penetration and revenue projections.
This indicates a positive outlook for the healthcare sector and the adoption of online healthcare services in the country.
The demand for online doctor consultations in Saudi Arabia continues to rise, driven by the country's tech-savvy population and growing awareness of the benefits of telemedicine.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Doctor Consultations market in Saudi Arabia is experiencing significant growth and development across its digital fitness and well-being, online doctor consultation, and digital treatment and care sub-markets.

Customer preferences: Customers in Saudi Arabia are increasingly turning to online doctor consultations due to the convenience and accessibility it offers. With busy lifestyles and a growing awareness of the importance of healthcare, individuals are seeking quick and efficient ways to consult with healthcare professionals. The digital fitness and well-being segment is also gaining traction as people prioritize their health and wellness, especially in light of the COVID-19 pandemic.

Trends in the market: One notable trend in the Saudi Arabian market is the rise of telemedicine platforms that connect patients with doctors virtually. This trend is driven by the country's efforts to enhance healthcare services and reach underserved areas. Moreover, the digital treatment and care segment is witnessing innovations in remote monitoring technologies and personalized healthcare solutions to cater to the evolving needs of consumers.

Local special circumstances: Saudi Arabia's market for online doctor consultations is unique due to cultural factors and government initiatives. The country's conservative norms around gender segregation have led to the development of gender-specific telemedicine platforms to accommodate cultural sensitivities. Additionally, the government's Vision 2030 agenda, which aims to transform the healthcare sector, is driving investments in digital health technologies and fostering partnerships between public and private entities.

Underlying macroeconomic factors: The growth of the Online Doctor Consultations market in Saudi Arabia is also influenced by macroeconomic factors such as the increasing internet penetration rate and smartphone usage in the country. As more people gain access to digital platforms, the demand for online healthcare services is expected to rise. Furthermore, the government's focus on promoting digitalization and innovation in the healthcare sector is creating a favorable environment for the expansion of online doctor consultations 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.