Digital Health Market Overview

The Digital Health Market research is based on forecasts from major organizations as well as market statistics. The Digital Health analysis at global, regional and national market levels has been provided in the report with the competitive scenario for predicted periods and individual firm valuations. 

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.

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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 main objective of this report is to identify and analyze the profiles of the leading players operating in the global Digital Health market. The bottom-up approach was used to estimate the global and regional Digital Health market size. The report provides historical, current, and future data on the Digital Health market, based on company, segments, and regional distribution. This data was collected through exhaustive primary and secondary research.

The report also provides a detailed analysis of Digital Health industry trends and developments, including market drivers, restraints, opportunities, and challenges. PESTLE, PORTER, and SWOT analyses were used by MMR to obtain accurate insights and understand the Digital Health market from different perspectives.

Digital Health Market Regional Insights

The regional analysis in the report provides insights into the Digital Health market in different countries. The report covers the following regions:

North America: The United States, Canada, and Mexico

Europe: France, Netherlands, Switzerland, United Kingdom, Germany, Russia, Belgium, Turkey, Spain, Italy, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Malaysia, Singapore, Thailand, Australia, Indonesia, Philippines, and Rest of Asia Pacific

Middle East and Africa: Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of Middle East and Africa

South America: Argentina, Brazil, and Rest of South America

The report provides a detailed analysis of the Digital Health market in each region, including market size, growth drivers, and challenges. This information can be used by businesses to identify opportunities and challenges in different markets and make informed decisions about their international expansion strategies.

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 Key questions answered in the Digital Health Market are:

  • Which segment dominated the global Digital Health market?
  • How the Digital Health market segments are expected to develop in the global market?
  • Who are the major players in the industry that are expected to dominate the global Digital Health market?
  • How have the most successful companies in the Digital Health industry planned for future growth and expansion?
  • What are the Digital Health emerging trends in the Digital Health market?
  • What was the Digital Health market size in 2022?
  • Which region held the largest Digital Health market share in 2022?

Key Offerings:

  • Market Share and Size 
  • Market Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis of segments and sub-segments
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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