Digital Health Market will grow at 23.8% CAGR, was valued at US$ 85.0 Billion in 2021 | Global Industry Analysis by Company Profiles, Segments, Size, Landscape and Demand
Digital Health Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Digital Health Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
An extensive study offering forecast assessment on Digital Health Market has been broadcasted. By correlating the historical data with key market dynamics, our analysts can make highly astute projections. The report includes a thorough analysis of the global Digital Health Market segmented by type, application, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market.
Digital health is a broad, multidisciplinary concept that includes concepts from an intersection between technology and healthcare, incorporating software, hardware, and services. Digital health help patients manage their health through regular tracking and monitoring of symptoms. Therefore, there is an increasing demand for digital health platforms, such as telehealth, mHealth, and data analytics, around the world.
The major factor driving the growth of the global digital health market is shortage of healthcare providers, worldwide. According to the 2013 World Health Organization (WHO) report, there will be a shortage of around 13 million health providers by 2025, up from 70 million in 2013. The accepted universal standard is 23 skilled health professionals per 10,000 people, which is lacking in about 83 countries around the world. Digital health makes healthcare more accessible and affordable with available healthcare labor force.
Moreover, new technologies in digital health, growing geriatric population, increased government funding for health care services, and increasing penetration of smartphones are some major factors expected to propel the growth of the global digital health market over the forecast period.
Market players are engaged in adopting various inorganic strategies, such as new and innovative platform launch, acquisitions, etc., to expand their geographic presence and product offerings. For example, in March 2018, Allscripts Healthcare Solutions unveiled its new electronic health record (EHR), Avenel, at the annual HIMSS conference. Avenel creates a community-wide shared patient record, uses machine learning to reduce time for clinical documentation and works more like an app than traditional software.
Moreover, in 2018, Allscripts announced that it has closed its acquisition of HealthGrid Holding to expand its FollowMyHealth platform, Allscripts’s patient engagement solution focused on connecting consumers with providers.
In 2018, Allscripts announced a definitive agreement to acquire Practice Fusion, for $ 100 million in cash, subject to adjustment for working capital and net debt.
Major Key Players Include In Digital Health Market: Allscripts Health Solutions, Inc. McKesson Corporation, Cerner Corporation, Siemens Healthineers, GE Healthcare, Koninklijke Philips N.V., Qualcomm Inc., Proteus Digital Health, Inc.,Truven Health Analytics Athenahealth, Inc. and Cisco Systems.
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Reasons to Purchase this Report
• Current and future of Digital Health Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market player
Main points in Digital Health Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Digital Health Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Digital Health Industry Impact
Chapter 2 Global Digital Health Competition by Types, Applications, and Top Regions and Countries
2.1 Global Digital Health (Volume and Value) by Type
2.3 Global Digital Health (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Digital Health Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Digital Health Market Analysis
Chapter 6 East Asia Digital Health Market Analysis
Chapter 7 Europe Digital Health Market Analysis
Chapter 8 South Asia Digital Health Market Analysis
Chapter 9 Southeast Asia Digital Health Market Analysis
Chapter 10 Middle East Digital Health Market Analysis
Chapter 11 Africa Digital Health Market Analysis
Chapter 12 Oceania Digital Health Market Analysis
Chapter 13 South America Digital Health Market Analysis
Chapter 14 Company Profiles and Key Figures in Digital Health Business
Chapter 15 Global Digital Health Market Forecast (2021-2027)
Chapter 16 Conclusions
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