Global Digital Health Market Size study, by Technology (Tele-healthcare, Healthcare Analytics, mHealth and Digital Health Systems) by Component (Software, Hardware and Services) and Regional Forecasts 2022-2028
Global Digital Health Market is valued approximately USD 111.07 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 15.10 % over the forecast period 2022-2028. Digital Health is the application of computing platforms, software, connectivity, and other technologies to provide health care and medical services digitally. Also, the Digital Health is used for efficient delivery of healthcare and including availability of personalized & precise medicines. The rise in health expenditure has led the adoption of Digital Health across the forecast period. For Instance: According to World Bank, the current health expenditure per capita has increased significantly from USD 1110.26 in 2018 to USD 1261.19 in 2021 at the growth rate of 4.34%. The other driving factor for the market growth is increase in demand for telemedicine globally. For instance, according to Statista, global telemedicine market is projected to reach USD 459.8 by 2030 from USD 49.9 2019. Also, with rising technological advancements in medical devices, health IT systems and other medical services and the increasing demand for remote patient monitoring, the demand for Digital Health is likely to increase over the forecast period. However, uncertain regulatory policies and low digital and health literacy impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Digital Health market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominating region across the world in terms of market share owing to the growing healthcare infrastructure and high adoption of new technologies in healthcare. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising incidences of diseases, growing digitization and improving healthcare infrastructure would create lucrative growth prospects for the Digital Health market across Asia-Pacific region.
Major market player included in this report are:
Cerner Corporation
Allscripts
Apple, Inc.
Telefónica S.A.
Mckesson Corporation
Epic Systems Corporation
QSI Management, LLC
AT&T
Vodafone Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Tele-healthcare
Healthcare Analytics
mHealth
Digital Health Systems
By Component:
Software
Hardware
Services
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Digital Health Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Cerner Corporation
Allscripts
Apple, Inc.
Telefónica S.A.
Mckesson Corporation
Epic Systems Corporation
QSI Management, LLC
AT&T
Vodafone Group
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook