Title: Digital Health Market - Forecast(2023 - 2028)
1Digital Health MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Digital Health Market size is 129.29 billion in
2018, growing at a CAGR of 23.40 during the
forecast period 2019-2024 and the market is
forecast to reach 456.5 billion by 2024.
Increasing adoption of smartphones and tablets by
healthcare professionals and rising development
of IT in healthcare along with favorable
government regulations are the major factors
driving the growth of the market. - The key factors driving the growth of the digital
health sector are rapidly changing technology
across healthcare IT, including cloud-based
storage systems coupled with booming adoption of
smartphones, laptops and tablets by healthcare
providers and hospitals.
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- Key Takeaways
- North America dominates the Digital Health Market
owing to high technological adoption and
favorable government initiatives to the
healthcare industry. - Increasing penetration of smartphones and smart
wearable devices for personalized medicine and
initiatives by the government organizations and
healthcare communities to create awareness about
the use of digital health is likely to aid in the
market growth. - High capital cost along with the installation of
advanced systems in developing countries will
create hurdles for the digital health market.
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Digital Health Market - Technology - Segment
Analysis mHealth(mobile health) held the
largest share in the digital health market in
2018 and will grow at a CAGR of 18.4 during the
forecast period 2019-2024.This is mainly owing to
the factors such as rising adoption of mHealth
technologies among physicians and patients,
increasing trend of preventive healthcare, and
rising funding for mHealth startups. Growing need
for improving workflow efficiency in hospitals
and other healthcare centers is also propelling
the demand for mHealth services in healthcare
administration. The high growth for this segment
can also be attributed to the rising adoption of
wearables and apps to monitor health of patients.
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- Digital Health Market Industry Outlook
- Biotelemetry, Inc.,
- eClinicalWorks,
- iHealth Lab, Inc.,
- LifeWatch AG,
- McKesson Corporation,
- Koninklijke Philips N.V., AT T, Cerner
Corporation, - Cisco Systems,
- Athenahealth Inc.,
- Qualcomm Inc.
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Digital Health Market - Forecast(2022 -
2027) Learn More About the Report _at_
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ealth-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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