Digital Health Market size was valued at USD 319.71 Billion in 2022 and is expected to grow at a CAGR of 14 percent from 2024 to 2030 to reach USD 800 Billion.
Digital Health Market Report Overview
The Digital Health Market research report provides an in-depth analysis that is required to make informed industry decisions and develop strategic growth plans. Regardless of the production method or cost structures, the Digital Health market report provides a full understanding of advanced tactics and plans. The report provides a detailed analysis of the dynamics influencing the market with key players in the Digital Health industry.
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Digital Health Market Segmentation
by Component
Hardware
Software
Services
by Categories
Telemedicine
Data Analytics
mHealth apps
Clinical decision support
Wearable Sensors
Others
The market is divided into categories based on the following: wearable sensors, clinical decision support, mHealth apps, data analytics, telemedicine, and others. In 2023, mHealth accounted for the greatest share of the digital health market, with over 29%. The market is expanding due to the rising incidence of cardiovascular illnesses and the associated mobile devices for medical conditions. Over the course of the projection period, mHealth is anticipated to develop at a CAGR of 4.2%. Over the course of the forecast period, factors that are anticipated to propel the market expansion for the sector include the prevalence of hypertension, a rise in the need for remote monitoring devices, and an increase in smartphone users.
by End User
Healthcare Providers
Payers
Healthcare Consumers
Others
Digital Health Market Key Players
Global
1. SoftServe - Austin, Texas, USA
2. IBM Corporation - Armonk, New York, USA
3. Siemens Healthineers AG - Erlangen, Germany
4. Samsung Electronics Co., Ltd. - Suwon, South Korea
North America
1. Allscripts Healthcare Solution, Inc.- Chicago, Illinois, USA
2. Cerner Corporation - North Kansas City, Missouri, USA
3. Cisco Systems - San Jose, California, USA
4. eClinicalWorks - Westborough, Massachusetts, USA
5. General Electric Company (GE) - Boston, Massachusetts, USA
6. Honeywell International Inc. - Charlotte, North Carolina, USA
7. McKesson Corporation - Irving, Texas, USA
8. Qualcomm Technologies, Inc. - San Diego, California, USA
9. HIMS - Austin, Texas, USA
10. Computer Programs and Systems, Inc. (CPSI) - Mobile, Alabama, USA
11. Vocera Communications - San Jose, California, USA
Europe
1. Koninklijke Philips N.V - Amsterdam, Netherlands
2. Orange - Paris, France
Asia Pacific
1. MQure - Seoul, South Korea
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Digital Health Market Report Scope and Research Methodology
The Digital Health Market Research Reports offer both qualitative and quantitative insights that delve into the essential factors driving, limiting, offering opportunities, and posing challenges within the global Digital Health market. This report thoroughly covers aspects like import/export consumption, supply and demand dynamics, pricing, revenue generation, market share, market penetration, sales volume, and gross margins. In the Digital Health market context, the report extensively examines each industry's manufacturing sites, capacity, production, market prices, sales revenue, and market shares.
The determination of the Digital Health market size employed a bottom-up approach. To compile the data for the Digital Health market report, a combination of Primary and Secondary research methods was employed. The report also features a SWOT analysis and employs Porter's five forces analysis to offer a comprehensive view.
Digital Health Market Regional Analysis
The Digital Health market report consists of an analysis of all the regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The market's primary geographic condition, as well as segments and sub-segments, are examined in the Digital Health Industry Research. The current state of the regional market is provided in the report in terms of market size, share, and volume.
Key Questions answered in the Digital Health Market Report are:
- What is Digital Health?
- What will be the CAGR of the Digital Health market during the forecast period?
- Which region held the largest Digital Health market share in 2022?
- What are the opportunities for the Digital Health Market?
- What factors are affecting the Digital Health market growth?
- Which company held the largest share in the Digital Health market?
- What key trends are likely to emerge in the Digital Health market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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