Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Digital Health Market: By Technology: Telehealthcare, mHealth, Health Analytics, Digital Health Systems, Others; By Component: Hardware, Software, Services; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Digital Health Market Outlook
The global digital health market attained a value of USD 95 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 16%.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Increasing Use of Smartphones and Wearable Devices Boosting the Industry Growth
The utilisation of technology in healthcare has revolutionised the health care industry. The use of digital technology can make the consumer well-informed of various health adversaries while facilitating the diagnosis and prevention of various diseases. The surging number of smartphone users across the world is boosting the digital health industry rapidly. Moreover, the rising emphasis on physical and emotional wellbeing owing to the increasing chronic diseases, obesity, and mental illnesses, is also boosting the market growth of digital health. Wearable technology tracks and manages fitness and wellbeing activities to improve health care and health outcomes. Besides, the use of mobile apps to not only track one’s fitness level but also to diagnose and prevent an impending disease is driving the market growth. The rising geriatric population requiring long term care, which is quite expensive, primarily in the first-world countries, is being replaced by remote monitoring and telehealthcare, consequently boosting the market growth. Moreover, the increasing use of glucometers and BP monitors is catalysing the industry growth.
The use of technology in healthcare has also reduced the distance between doctors and patients by making healthcare services affordable and accessible. Health information technology uses electronic prescriptions and electronic medical records, which reduce medical errors and make the clinical process more transparent, aiding the digital health industry. It also enhances health outcomes by improving medical diagnosis, data-based treatment decisions, digital therapeutics, self-management and clinical trials. Moreover, it improves the healthcare system by creating more evidence-based knowledge, skills, and competence, further invigorating the market growth. World Health Organisation (WHO) envisions to enhance the digital health industry by research and development (R&D) and implement digital health technology in low and middle-income countries, consequently propelling the growth of digital health in developing and underdeveloped countries.
Digital Health: Market Segmentation
Digital health is the use of various technologies, such as computing platforms, connectivity, software, and sensors for health care uses. Some of the categories of digital health include mobile health, wearable devices, personalised medicines, and health information technology, among others. It enhances the delivery of individual health care and can accurately diagnose diseases.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on the technology, the market is segmented into:
- Telehealthcare
- mHealth
- Health Analytics
- Digital Health Systems
- Others
The major components of digital health are:
- Hardware
- Software
- Services
The EMR report looks into the regional markets of digital health like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Surge in the COVID-19 cases to Bolster the Market Growth of Digital Health
Technological advancements such as robotics, artificial intelligence (AI), and 3-D technology are driving and revolutionising the market growth. Moreover, the increasing number of chronic diseases worldwide due to rapid climate change and unhealthy lifestyles also augment the market growth. The surge of the unprecedented pandemic COVID-19 has challenged and consequently collapsed the healthcare infrastructure due to the exponential increase in the number of infected and scarce healthcare facilities. Digital technology acts as a boon for the industry, hence the digital health care industry is booming significantly. Governments all around the world are promoting remote health care and using various healthcare technologies to tackle the global crisis. The use of artificial intelligence and big data to predict and track the regional transmission of the virus is driving the market growth. Swedish Health Services, a health care organisation in the United States, has developed a platform for the health care professionals to track the status of facilities, increase hospital bed capacity, and allocate health care resources. Similarly, the Singapore Ministry of Health provides data to UpCode to depict infection trends across age, sex, and location. The use of innovations such as these is expected to propel the market growth.
As the second wave of the disease is surging in several parts of the world, various technologies are being used to contain the virus, further augmenting the growth of the digital health industry. Thermal scanning and screening in various countries to detect symptoms, such as fever, is propelling the market growth. The use of mobile technology to track asymptomatic patients is also lubricating the industry. The use of digital thermometer, oximeter, and heart rate detectors to identify the outbreak of the virus is also facilitating the market growth. Face recognition technology and global positioning system (GPS), operated in contact tracing the virus, is providing further impetus to the market growth. Moreover, various technologies are used in countries such as Singapore to track and supervise home isolations and quarantines. Besides, several countries, such as India, have developed apps that use Bluetooth technology to track the number of infected people in a region, consequently aiding the market growth. The pandemic has also increased the demand for remote supervision of chronic illness, which is expected to catalyse the market growth in the forecast period. As the vaccination process for the coronavirus rolls in several countries, digital health plays a crucial role in ensuring smooth vaccination, which can significantly boost the market growth.
Key Industry Players in the Global Digital Health Market
The report presents a detailed analysis of the following key players in the global digital health market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Apple Inc.
- Google LLC.
- AirStrip Technologies, Inc.
- Biotelemetry Inc
- iHealth Lab Inc
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Component, Region |
| Breakup by Technology | Telehealthcare, mHealth, Health Analytics, Digital Health Systems, Others |
| Breakup by Component | Hardware, Software, Services |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Apple Inc., Google LLC., AirStrip Technologies, Inc., Biotelemetry Inc, iHealth Lab Inc, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Digital Health Market Analysis
8.1 Key Industry Highlights
8.2 Global Digital Health Historical Market (2018-2022)
8.3 Global Digital Health Market Forecast (2023-2028)
8.4 Global Digital Health Market by Technology
8.4.1 Telehealthcare
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 mHealth
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Health Analytics
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Digital Health Systems
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Digital Health Market by Component
8.5.1 Hardware
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Software
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Services
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Digital Health Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Digital Health Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Digital Health Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Digital Health Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Digital Health Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Digital Health Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Apple Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Google LLC.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 AirStrip Technologies, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Biotelemetry Inc
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 iHealth Lab Inc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Digital Health Market: Key Industry Highlights, 2018 and 2028
2. Global Digital Health Historical Market: Breakup by Technology (USD Billion), 2018-2022
3. Global Digital Health Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4. Global Digital Health Historical Market: Breakup by Component (USD Billion), 2018-2022
5. Global Digital Health Market Forecast: Breakup by Component (USD Billion), 2023-2028
6. Global Digital Health Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Digital Health Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Digital Health Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Digital Health Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Digital Health Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Digital Health Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Digital Health Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Digital Health Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Digital Health Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Digital Health Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Digital Health Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Digital Health Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Digital Health Market Structure
Key Questions Answered in the Report
In 2020, the global digital health market attained a value of nearly USD 95 billion.
The market is projected to grow at a CAGR of 16% between 2021 and 2026.
The industry is being driven by the increasing use of smartphones and the rising emphasis on physical and mental well-being.
The market is aided by the surge in COVID-19 cases across the world, increasing chronic illnesses, and technological advancements and innovations.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major technologies of digital health in the industry are telehealthcare, mHealth, health analytics, and digital health systems, among others.
Hardware, software, and services are the components of digital health in the market.
The major players in the industry are Apple Inc., Google LLC., AirStrip Technologies, Inc., Biotelemetry Inc, and iHealth Lab Inc, among others.
Analyst Review
The global digital health market attained a value of USD 95 billion in 2020, driven by the rising use of smartphones and internet penetration. Aided by the increasing chronic illness and surge in the COVID-19 cases across the world, the market is expected to grow at a CAGR of 16% over the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its technology, the digital health industry can be segmented into telehealthcare, mHealth, health analytics, and digital health systems, among others. On the basis of components, the industry is divided into hardware, software, and services. The major regional markets for digital health are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Apple Inc., Google LLC., AirStrip Technologies, Inc., Biotelemetry Inc, and iHealth Lab Inc, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER