The Global Digital Health Market Report by the Business Research Company covers digital health market’s drivers and restraints, digital health market size, major players, and the impact of COVID-19 on the digital health market
The digital health market consists of sales of digital health services by entities (organizations, sole traders, and partnerships) that are engaged in providing digital health services for the smooth functioning of healthcare-related services. Digital health refers to the use of information technology/electronic communication tools, services, and procedures to provide healthcare services or to promote improved health care. Only goods and services traded between entities or sold to end consumers are included.
The favorable government initiatives in response to COVID-19 are expected to propel the growth of the digital health market in the coming years. The global digital health market is expected to grow from $183.30 billion in 2020 to $201.24 billion in 2021 at a compound annual growth rate (CAGR) of 9.79%. The market is expected to reach $483.75 billion in 2025 at a CAGR of 24.52%.
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Some digital health market trends include technologically advanced solutions. For instance, in March 2018, Allscripts released Avenel, a mobile-first, cloud-based electronic health record (EHR) that employs machine learning to minimize the time in medical documentation and boost EHR usability for providers. Avenel was developed on Microsoft Azure and incorporates clinical care trends to offer providers more efficient clinical reporting and medical decision-making.
Global digital health market segments include:
By Technology: Mobile Health, Health Information Technology, Telehealth And Telemedicine, Health Analytics, Others.
By Application: Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology, Others.
By End User: Healthcare Providers, Healthcare Payers, Pharmaceutical Companies, Others.
By Geography: The global digital health market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America accounts for the largest global digital health market share.
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Digital Health Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides digital health market overviews, analyzes and forecasts market size, share, digital health market players, digital health market segments and geographies, market’s leading competitors’ revenues, profiles and market shares. The digital health market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Digital Health Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Digital Health Market Organizations Covered: Allscripts Healthcare Solutions Inc., BioTelemetry Inc., eClinicalWorks, iHealth Lab Inc, McKesson Corporation, Koninklijke Philips.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, digital health market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global digital health market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Digital Health Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Digital Health Sector: The report reveals where the global digital health industry will put on most $ sales up to 2023.
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