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By Lucidity Insights Research Team • November 20, 2023
Global HealthTech Market is Set to Reach $660 Billion by 2025
What is Healthtech?
Healthcare technology, or 'healthtech,' encompasses technology-enabled healthcare products or services designed to enhance the healthcare system.
In a landscape where technology continues to redefine our world, healthtech startups leverage innovative solutions to improve the delivery, payment, and consumption of care. This dynamic intersection of health and technology is reshaping the way we experience and engage with healthcare.
Here's a staggering insight: The global digital health market is projected to soar to a valuation of $660 billion by 2025, experiencing a remarkable compound annual growth rate (CAGR) of 25%.
Curious to learn more about the transformative power of healthtech? Watch our video to dive into the world of healthcare innovation and explore how technology is revolutionizing the future of healthcare.
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The Business of Healthtech in MENA
Globally, Digital Health is ballooning into a US $660 billion industry by 2025. MENA based healthtech startups have raised over $600 million and reached a combined valuations of nearly $2 billion. By exploring our special reports, you will gain valuable insights into the trends, challenges, and opportunities that define the MENA Healthtech landscape. Learn how technology is giving us greater access to healthcare and better health outcomes.
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