Dr. Ahmed Al-Awady, Co-Founder and CEO of BOKDOC, the surgical procedures leading platform in the Middle East, said the market of digital applications specialized in booking surgical procedures has achieved a global compound annual growth rate (CAGR) of 4%, and is expected to reach $ 5 Trillion USD by 2027. He attributed this to the radical changes that the healthcare industry has witnessed post the global Pandemic of Covid-19. Therefore, selecting doctors and surgeons based on the reviews on previous operations has raised surgeries quality and mitigated risks and surgical issues that may arise, in addition to the widespread of internet use through mobile phones platforms.
He added, that plastic surgery is one of the largest runners up of surgical procedures applications worldwide, followed by orthopedic operations, neurosurgery, cardio surgeries and dental operations respectively. This has achieved a notable spread in the Arab world in general and in Egypt in particular. Projections suggest that by 2030, 20% of the mechanisms for selecting surgeons will be on digital mobile phone applications, as a result of ease of use and search for more than one choice among surgeons and the review of previous experiences.
Al-Awady believes that the evolution of modern technology is a predicable outcome of the dominance of digital transformation in the healthcare industry in the upcoming period. Especially as modern technologies such as artificial intelligence, robotics and big data will contribute to improve the quality of surgeries and the development of the industry at a very rapid pace.
Al-Awady assured: “We, in BOKDOC, are ahead of the curve in providing surgical procedures services through digital applications, as we have succeeded in building awareness on choosing surgeons through applications, which resulted in up to 18% reduction in surgical risks. This indicates that investment opportunities are huge in front of healthcare applications, and is witnessing an unprecedented turnout worldwide and various investment funds and venture capital funds. due to the importance of healthcare as one of the essentials of life, there is a significant increase in the number of specialized healthcare investment funds worldwide, supported by strong governmental trends. Noting that the platform looks forward to constructively contributing to the development of national projects in the field of healthcare in Egypt and the Middle East, based on our belief in the importance of transferring modern global expertise and innovative technologies as well as keeping up with the fast changing pace in healthcare services in Egypt and the Middle East.”.