Digital Health Market Expected to Grow Strong through 2028
A report on the Digital Health Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Digital Health Market. The historic years considered for the study are 2016-2020, the base year is 2021, and the forecast period is 2022-2028.
Market Analysis
The digital health market is estimated to grow from USD 174.2 Billion in 2021 to USD 561.52 Billion by 2028 at a healthy CAGR of 18.2% during the forecast period of 2022-2028.
Key Segments Digital Health Market Report Covers:
The tele-healthcare segment is projected to maintain its dominance by owning more than 36% of the market share in 2021.
The market is segmented as tele-healthcare, mHealth, health analytics, and digital health system. It is owing to the increasing geriatric population, growing prevalence of chronic diseases, improving accessibility to the internet, and absence of skilled healthcare professionals.
The market is segmented into hardware, software, and services. The services segment is expected to remain the most dominant in the market over the forecast period and owing more than 45% share in 2021 due to the growing demand for remote patient monitoring, synchronous services, and asynchronous services.
Regional Analysis
North America held the highest market share of more than 45% in 2021 and grew with a lucrative CAGR over the forecast period, owing to a well-developed healthcare infrastructure, huge healthcare expenditure, high adoption of advanced technology, and the presence of a tech-savvy population.
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Stratviewresearch.com is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. Stratview Research possesses a global presence to enable current Market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. We survey clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.
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