1. Market Research
  2. > Healthcare Market Trends
Global Digital Health Market: Market Segments: By Technology ; By Component ; By End User ; and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

Global Digital Health Market: Market Segments: By Technology ; By Component ; By End User ; and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

  • January 2022
  • 152 pages
  • ID: 6191699
  • Format: PDF
  • Fatpos Global Pvt. Ltd.

Summary

Table of Contents


Product Overview
Intersection of genomic & emerging technologies with healthcare and society is emerging health. It helps to generate customized and reliable medications and also increases healthcare delivery quality. Continuous tracking has been made simple and viable by digital health. The use of digital health has contributed to an increase in the quality of life and a decrease in total spending. The discipline requires the use of ICTs to help overcome the health issues and difficulties faced by people under care. These innovations provide solutions and services for both hardware and software, including telemedicine, web-based research, email, cell phones and apps, text messages, wearable devices, and sensors for clinical or remote monitoring. Digital health is primarily concerned with the advancement of integrated health systems to facilitate the use of computational technology, mobile devices, techniques for computational analysis, and communication media.

Market Highlights
Global Digital Health Market is expected to project a notable CAGR in 2030.
Global Digital Health Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. Growing penetration of smartphones and tablets, increasing demand for remote patient monitoring services, creative mobile health (mHealth) technology applications, increasing demand for advanced health information systems, and government funding for these solutions are expected to drive the growth of the global digital health market over the coming years.
Global Digital Health Market: Segments
mHealth Segment to grow with the highest CAGR during 2019-30
Global Digital Health Market is segmented by technology into mHealth, telehealthcare, digital healthcare systems, and healthcare analytics. The greater market share in 2018 was accounted for by mHealth segment and is expected to see the highest growth during the forecast period. The mHealth includes wearables, mHealth apps, and services. The dominance of the segment is due to the ability of technology to distribute knowledge and information to a broad population more rapidly. The availability of more health apps coupled with increased accessibility has resulted in rising market demand mHealth segment over the forecast period. The usage of mHealth technologies by patients and health care providers also accelerates the growth of the segment. Besides, the key factors driving the mHealth segment are increasing penetration of smartphones and internet access and increased adoption of mHealth technologies by physicians and patients.
Services Segment to grow with the highest CAGR during 2019-30
Global Digital Health Market is segmented by component into Hardware, Software, and Services. The greater market share in 2018 was accounted for by the services segment owing to factors such as rapid hardware and software development and an increase in the number of software updates. These facilities include different operations, such as installation, training and integration, and updating. Besides, the demand for software platforms such as Electronic Health Records (EHR) is driving demand for services as businesses are increasingly focused on delivering post-installation services, including training, optimization, staffing, clinical and other services. Whereas rapid technical developments and rising wearable device penetration are the main factors driving consumer demand for hardware. in the market.
Global Digital Health Market: Market Dynamics
Drivers
Growing Cloud Computing based Applications
Growing application of cloud computing in healthcare settings is one of the major trends being observed in the digital health industry. Computing resources have become cheaper, more efficient, and more readily accessible than before because of the rapid advancement in processing and storage technologies. This technological trend has allowed the development of a new model of computing, called cloud computing, in which on-demand services are supplied to users through the internet. Medical applications, such as pharmacy orders and physician inquiries, are included in these resources; and non-clinical applications, including sales cycle management and patient billing.
Government Initiative for Digital Health Solutions
Increasing funding from government organizations plays a key role in the digital health market’s growth. Several government agencies provide support for the introduction of digital technologies in healthcare facilities, in the form of funding and initiatives. Government measures such as awareness campaigns and healthcare IT R&D funding are expected to fuel the growth of the sector. The goal of those initiatives was to increase access to medical care. The growth of the digital health market is also driven by the rising demand for an integrated healthcare information system.
Restrain
High cost of Digital Health products
A key factor expected to restrict the growth of the global digital health market over the forecast period is the growing security issues related to patient data. Besides, a further factor expected to hamper the growth of the target market in the near future is higher capital costs for the construction of technologically advanced systems. The growth of the global digital health market is also limited by stringent regulatory requirements in the United States and risks associated with data privacy and protection.
Global Digital Health Market:

Key Players
Allscripts Healthcare Solutions
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
AT & T
Athenahealth
Biotelemetry
Cerner
Cisco Systems
eClinicalWorks
Health Lab
Koninklijke Philips N.V.
LifeWatch
McKesson
Qualcomm
RightPatient
Caradigm
Global Digital Health Market: Regions
Global Digital Health Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Global Digital Health Market in North America held the largest market share of XX.X% in the year 2018. The rising prevalence of chronic diseases and higher smartphone use have contributed to the region’s growth in the industry. In addition, consumer growth has been propelled by the availability of advanced coverage networks. Due to the growing demand for technologically advanced products and government initiatives for the implementation of e-Health legislation across different countries in this region, the market in Europe is expected to register a significant share over the forecast period. Asia-Pacific, however, is expected to experience prosperous growth during the forecast period. The increasing involvement of companies with medical devices is the driving force for the growth of the industry. In addition, the growing production of software has expanded the market base in different countries as well.

Competitive Landscape:
Global Digital Health market, which is highly competitive, consists of several major players such as Qualcomm Incorporated, Cerner Corporation hold a substantial market share in the Global Digital Health market. Other players analyzed in this report are AT&T Inc., Apple Inc., AirStrip Technologies LP, Alcatel-Lucent Corporation, Cerner Corporation, Symantec Corporation, Aruba Networks, Inc., Cisco Systems, Inc., Qualcomm, Inc., Siemens Healthcare, and Philips Healthcare among others
Recently, various developments have been taking place in the market. For instance, In July 2020, Allscripts Healthcare Solutions Inc. and Microsoft Corporation extended their strategic partnership for five years, to expand the development and delivery of cloud-based health IT solutions.

Global Digital Health Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Digital Health Market report also contains analysis on:
Global Digital Health Market Segments:
By Technology:
Mobile Health (mHealth)
Connected devices
mHealth apps
Services
Electronic Health Record (EHR)
Web/cloud-based
On-premises
Telemedicine
Teleconsulting
Telemonitoring
Tele-education
Teletraining
Healthcare Analytics
Descriptive
Predictive
Prescriptive

By Component:
Hardware
Software
Services

By End User:
Business-to-Business (B2B)
Patients
Caregivers
Business-to-Consumers (B2C)
Providers
Payers
Employers
Pharmaceutical Companies
Others
Global Digital Health Market Dynamics
Global Digital Health Market Size
Supply & Demand
Current Trends/Issues/Challenges

Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2021

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on