- Tele Healthcare
- mHealth
- Healthcare Analytics
- Digital Health Systems
Digital Health Market Size was valued at approximately USD 220.9 billion in 2022 and is predicted to exceed a significant CAGR of 16.3% from 2023-2029. The global digital health market is increasing due to increased demand for remote monitoring services, increased funding from private and government organizations for mHealth start-ups, an increase in chronic disease prevalence, and an increase in healthcare technology. For example, the American Telemedicine Association (ATM) collaborated with a UK-based digital health company to launch a new resource for evaluating mHealth apps. The increased awareness among people regarding various prominent diseases prevalent in their regions is the vital driver that fuels the growth of this market. The widening use of smartphones and other mobile applications will drive the development of the digital health market. In recent years, growing wearable technology, demand for telemedicine, and increasing awareness of VR and AI have created an opportunity for the digital health market. In the digital health market, the mHealth segment is expected to contribute the highest revenue share. In 2021, the mHealth segment was valued at USD 47.0 Bn. The segment was growing at a prominent growth rate over the forecast years due to increased smartphone penetration and high internet usage, an increase in demand for remote monitoring services, and a rise in the prevalence of hypertension. mHealth technology is viewed as the solution to improve healthcare cost-efficiency.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The global digital health market is mainly driven by increasing demand for home healthcare services, government initiatives, adoption of integrated systems. Security concerns regarding patient data and high capital expenditure and maintenance requirements will hamper the market growth.
The digital health market is projected to expand at a CAGR of 16.3% during the forecast period.
North America is the fastest-growing region for digital health market
Telefonica S.A., Orange Health Digital., Cerner Corporation., McKesson Corporation, Qualcomm Technologies, Inc.
1.Executive Summary |
2.Global Digital Health Market Introduction |
2.1.Global Digital Health Market - Taxonomy |
2.2.Global Digital Health Market - Definitions |
2.2.1.Technology |
2.2.2.Component |
2.2.3.Region |
3.Global Digital Health Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Digital Health Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Digital Health Market By Technology, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
5.1. Tele Healthcare |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. mHealth |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Healthcare Analytics |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Digital Health Systems |
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6.Global Digital Health Market By Component, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
6.1. Hardware |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Software |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Services |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Digital Health Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Digital Health Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
8.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Tele Healthcare |
8.1.2.mHealth |
8.1.3.Healthcare Analytics |
8.1.4.Digital Health Systems |
8.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Hardware |
8.2.2.Software |
8.2.3.Services |
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Digital Health Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
9.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Tele Healthcare |
9.1.2.mHealth |
9.1.3.Healthcare Analytics |
9.1.4.Digital Health Systems |
9.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Hardware |
9.2.2.Software |
9.2.3.Services |
9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10.Asia Pacific (APAC) Digital Health Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
10.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Tele Healthcare |
10.1.2.mHealth |
10.1.3.Healthcare Analytics |
10.1.4.Digital Health Systems |
10.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Hardware |
10.2.2.Software |
10.2.3.Services |
10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Digital Health Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
11.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Tele Healthcare |
11.1.2.mHealth |
11.1.3.Healthcare Analytics |
11.1.4.Digital Health Systems |
11.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Hardware |
11.2.2.Software |
11.2.3.Services |
11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Digital Health Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
12.1. Technology Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Tele Healthcare |
12.1.2.mHealth |
12.1.3.Healthcare Analytics |
12.1.4.Digital Health Systems |
12.2. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Hardware |
12.2.2.Software |
12.2.3.Services |
12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.TELUS |
13.2.2.Apple Inc |
13.2.3.Telefonica S.A |
13.2.4.Vodafone Group |
13.2.5.Cerner Corporation |
13.2.6.Orange Health Digital |
13.2.7.McKesson Corporation |
13.2.8.Koninklijke Philips N.V |
13.2.9.Allscripts Healthcare, LLC |
13.2.10.Qualcomm Technologies Inc |
14. Research Methodology |
15. Appendix and Abbreviations |