Digital Health - Chad

  • Chad
  • Revenue in the Digital Health market is projected to reach US$32.48m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 12.72%, resulting in a projected market volume of US$59.11m by 2029.
  • The average revenue per user (ARPU) is expected to amount to US$14.59.
  • In global comparison, most revenue will be generated in the United States (US$47,120.00m in 2024).
  • The market's largest market will be Digital Fitness & Well-Being with a total revenue value of US$16.53m in 2024.

Key regions: United States, China, Japan, Asia, Europe

 
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Analyst Opinion

The Digital Health market in Chad is experiencing a notable shift towards digital fitness and well-being, online doctor consultation, and digital treatment and care services.

Customer preferences:
Chadian consumers are increasingly turning to digital health solutions due to the convenience and accessibility they offer. With the growing penetration of smartphones and internet connectivity in the country, individuals are seeking digital platforms for fitness tracking, accessing medical advice remotely, and managing their healthcare needs online.

Trends in the market:
In Chad, there is a rising trend of utilizing mobile applications and wearable devices for monitoring health metrics and engaging in virtual fitness programs. The demand for online doctor consultations is also on the rise, especially in rural areas where access to healthcare facilities is limited. Moreover, the adoption of digital treatment and care services is gaining traction as it allows for remote monitoring of patients and facilitates follow-up care.

Local special circumstances:
Chad faces challenges in terms of healthcare infrastructure and access to medical professionals, particularly in remote regions. As a result, digital health solutions play a crucial role in bridging the gap and providing essential services to underserved populations. The government is increasingly recognizing the potential of digital health technologies to improve healthcare delivery and is taking steps to support their integration into the existing healthcare system.

Underlying macroeconomic factors:
The economic landscape in Chad, characterized by a growing middle class and increasing urbanization, is contributing to the expansion of the digital health market. As disposable incomes rise and urban populations seek convenient healthcare solutions, the demand for digital health services is expected to continue growing. Additionally, government initiatives aimed at promoting digital infrastructure and innovation are creating a favorable environment for the development of the digital health sector 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 market. 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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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