Digital Health Market

Digital Health Market Size Analysis by Growth, Emerging Trends and Future Opportunities

Digital Health Market was worth USD 145,884.3 million in 2020, and is anticipated to record a CAGR of 17.9% over the forecast duration 2022-2030, thereby accumulating USD 767,718.9 million by the end of the analysis timeline.

The use of communication and information technology in the healthcare industry to make it easier to treat chronic illnesses from remote areas is known as “digital health.” In general, it is a multidisciplinary idea that facilitates the fusion of technology and healthcare. It encompasses digital subcategories including wearables, telehealth & telemedicine, mobile health (mHealth), and health information technology (IT).

Digital health technology makes it easier for users to quickly access health-related data, which supports clinical judgement, patient safety, and continuity of care. Researchers and scientists, physicians, producers of medical equipment, as well as professionals in the fields of engineering, public health, social sciences, data management, and health economics are among the many stakeholders in this industry.

By definition, digital health refers to the application of information and communication technology in the field of healthcare for the remote management of chronic conditions. Mobile health (mHealth), wearable technologies, telehealth and telemedicine, health information technology (IT), and personalised medicine are all part of the digital health market. It provides a range of services that give customers access to early disease detection and chronic disease management.

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Digital health refers to the integration of information technology and electronic communications with various healthcare processes. It includes telehealth, medical wearables, digital healthcare systems like EMR and EHR medical apps, healthcare analytics, etc. Digital health aims to improve patient care, disease management and the overall healthcare experience for the user. It also enables the healthcare providers to access health records, prepare a diagnosis history, reduce the need for duplicate tests and make efficient decisions. Digital health also facilitates the identification of new illnesses or the worsening of existing ailments while lowering the total costs of healthcare. Owing to these benefits, it finds both clinical and non-clinical applications across the medical industry.

Global Digital Health Market- Segment Analysis

 Key Players

  • Cerner Corporation
  • Cisco systems
  • eCLINICALWORKS
  • General Electric company
  • Koninklijke Philips N.V
  • Honeywell International Inc.
  • Mckesson Corporation
  • Siemans Healthcare AG
  • Qualcomm technologies, Inc.
  • Koninklijke Philips N.V.
  • 3DHISTECH
  • Apollo Enterprise Imaging
  • Konfoong Biotech International Co., Ltd
  • XIFIN, Inc
  • Akoya Biosciences
  • Corista
  • Indica Labs
  • Kanteron Systems
  • AirStrip Technologies
  • Google, Inc.
  • Samsung Electronics Co., Ltd.

By Technology

Telehealthcare

  • Telecare
  • Activity monitoring
  • Remote medication management
  • Telehealth
  • LTC monitoring
  • Video consultation

mHealth

  • Wearables
  • BP Monitor
  • Glucose meter
  • Pulse oximeter
  • Sleep apnea monitors
  • Neurological monitors
  • Others

Apps

  • Medical apps
  • Fitness apps
  • Health analytics
  • Digital health systems
  • Electronic health records
  • E-prescribing systems

By Component

  • Hardware
  • Software
  • Service

Table of Contents

  1. Market Introduction and Market Overview
  2. Market – Executive Summary
  3. Market Trends, Outlook, and Factors Analysis
  4. Market: Estimates & Historic Trend Analysis (2018 to 2021)
  5. Market Estimates & Forecast Trend Analysis, by Deployment
  6. Market Estimates & Forecast Trend Analysis, by Component
  7. Market Estimates & Forecast Trend Analysis, by Content Type
  8. Market Estimates & Forecast Trend Analysis, by End Use
  9. Market Analysis and Forecast, by Region
  10. North America Digital Health Market: Estimates & Forecast Trend Analysis
  11. Europe Digital Health Market: Estimates & Forecast Trend Analysis
  12. Asia Pacific Digital Health Market: Estimates & Forecast Trend Analysis
  13. Middle East & Africa Digital Health Market: Estimates & Forecast Trend Analysis
  14. Latin America Digital Health Market: Estimates & Forecast Trend Analysis
  15. Competitive Landscape
  16. Company Profiles
  17. Assumptions and Research Methodology
  18. Conclusions and Recommendations

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