By Lucidity Insights Research Team • November 28, 2023
UAE is the Healthtech Startup Capital of MENA
Explore the vibrant landscape of healthtech startups in the MENA region, with the UAE emerging as the unrivaled capital for innovation, excluding Israel. UAE healthtechs secure over US $460 million in funding to date, surpassing the runner-up, Egypt, by an impressive 6.2 times. Curious to see the full ranking? Watch the video now for an in-depth look at the dynamic healthtech scene in the UAE!
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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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June 2024 MENAPT VC funding rose 17.3% with InSightec leading in healthtech. Explore the month's key investments in blockchain and SaaS.
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Discover the essence of healthcare technology in this video exploring the transformative impact of Healthtech on healthcare.
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2023 data shows that digital health has proven to be the most resilient sector, despite the global “VC winter”, pushing the industry into a swift era of innovation and digitization.
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Delve into the rising healthcare expenditures in the Middle East, including the UAE's $19.7B spending in 2020, constituting 22.7% of the GCC's total. Watch the full video for insights.
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Explore ongoing transformations in the healthcare landscape of the GCC and Middle East, driven by a growing demand for advanced medical tools.
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Join us to explore and discover a diverse list of the world's most highly valued healthtech unicorns, spanning from China, Germany, Sweden, France, South Korea, and beyond.
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Discover the surge in dedicated funds as we unveil that, up to Q1 2022, 80% of VC investments in healthtech startups were made by regional investors.
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From administrative workflows with Bayzat and Vezeeta to innovative care delivery by Altibbi and Okadoc, discover the leaders shaping the future.
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Discover how MENA investors are fueling 80% of VC investments in local startups and explore the breakdown of VC investment sources in MENA HealthTech by region of investors.
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Discover the thriving maturation of the sector, with 38% achieving multiple funding rounds, 17% securing over three rounds, and 10% raising four or more rounds.
