Digital Health - Burundi

Burundi

Burundi is projected to see a revenue of €7.80m in the Digital Health market by 2024.
It is expected to experience an annual growth rate of 15.29% (CAGR 2024-2029), resulting in a market volume of €15.89m by 2029.
The average revenue per user (ARPU) is estimated to be €5.29.
In comparison to other countries, United States is expected to generate the highest revenue of €43,240.00m in 2024.
The largest market within the Digital Health market industry will be Digital Fitness & Well-Being, with a total revenue value of €4.54m in 2024.
In Burundi, the digital health market is rapidly growing, with an increasing number of mobile health apps being developed to cater to the country's healthcare needs.

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

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Digital Health market in Burundi is experiencing a significant growth trajectory driven by several key factors.

Customer preferences: Customers in Burundi are increasingly turning to digital health solutions for convenience and accessibility. The younger population, in particular, is more inclined towards digital fitness and well-being apps to track their health and fitness goals. Online doctor consultations are also gaining popularity among busy urban professionals who seek quick medical advice without the hassle of physical appointments. Moreover, the digital treatment and care segment is witnessing a surge in demand as more people look for remote monitoring and management of chronic conditions.

Trends in the market: In Burundi, one of the notable trends in the Digital Health market is the rise of mobile health applications tailored to the local population. These apps offer personalized content in local languages, making health information more accessible to a wider audience. Another trend is the increasing collaboration between tech companies and healthcare providers to deliver integrated digital health solutions. This partnership approach is driving innovation and expanding the range of services available to consumers in the country.

Local special circumstances: Burundi's healthcare system faces challenges such as limited access to quality healthcare facilities, especially in rural areas. This gap in healthcare infrastructure has created an opportunity for digital health solutions to bridge the accessibility gap and reach underserved populations. The government's focus on improving healthcare services and the increasing penetration of smartphones in the country are also propelling the adoption of digital health technologies.

Underlying macroeconomic factors: The economic landscape in Burundi is gradually improving, with a growing middle class and increasing disposable income levels. This economic growth is fueling the demand for better healthcare services and driving investments in the Digital Health market. Additionally, the government's efforts to promote technology innovation and entrepreneurship are creating a conducive environment for digital health startups to thrive and contribute to the overall development of the sector.

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 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.