Learn about the global digital health market through The Business Research Company, which provides information on digital health market size, digital health market drivers and restraints, digital health market players, the COVID-19 impact on the digital health market, and more. 

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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 slow growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $483.75 billion in 2025 at a CAGR of 24.52%.

The favourable government initiatives in response to COVID-19 is expected to drive innovation in digital health manufacturing, thus driving the market during the forecast period.

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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.

Global digital health market segments include:

By Technology: Mobile Health (mHealth), 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 market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the digital health market in 2020.

Major companies operating in the digital health sector are focusing on developing technologically advanced solutions for digital health.

TBRC’s digital health market report covers:

Major Market Players: Allscripts Healthcare Solutions Inc., BioTelemetry Inc., eClinicalWorks, iHealth Lab Inc, McKesson Corporation, Koninklijke Philips N.V, AT & T, Cisco Systems, Athenahealth Inc., General Electric Company, Qualcomm Incorporated, Apple Inc., AirStrip Technologies, Google Inc., Mqure, Samsung Electronics Co. Ltd., Telefonica S.A., Vodafone Group, Philips Healthcare, and Siemens Healthineers.

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)

The Digital Health Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides digital health market overviews, analyses and forecasts market size, share, digital health market players, digital health market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s digital health market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Telehealth Global Market Report 2021

Healthcare Services Global Market Report 2021

Telemedicine Services Market

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