Global Digital Health Market Size, Trends & Growth Opportunity, By Product & Service (mHealth and eHealth), By Component (Software, Hardware, and Services), By End User (Healthcare Providers, Payers, Healthcare Consumers, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.

Report ID : AMR1004172 | Industries : Others | Published On :December 2023 | Page Count : 249

Global Digital Health Market

The Digital Health Market was valued at USD 252.95 Billion in 2022 and is expected to expand to USD 780.05 Billion in 2030 at a CAGR of 15.11% during the forecast period 2023- 2030.

Market Overview

The term "digital health" refers to the application of ICTs (information and communication technologies) in the healthcare industry for distant chronic illness management. Mobile health (mHealth), wearable technologies, telehealth and telemedicine, health information technology (IT), and personalised medicine are all included in the digital health sector. Through the range of treatments it provides, patients can manage chronic illnesses and receive an early diagnosis of life-threatening conditions.

Market Drivers

The global digital health market is expected to expand due to technological advancements in devices used to preserve digital health data, as well as improvements in the quality of associated services given to the global market's many stakeholders. Modern-day digital health systems employ advanced technologies such as artificial intelligence, interoperable data, and machine learning, as well as secure open platforms that serve as the hub of technological development in digital health systems and software.

Market Restraints

The market is expanding due to a number of causes, including the increased use of mobile health applications, the rise in artificial intelligence, the Internet of Things, and big data, as well as government initiatives.

Impact of Covid-19

The COVID-19 epidemic is expected to boost the growth of the global digital health market. The COVID-19 pandemic has put a strain on the world's healthcare systems, emphasising the importance of developing healthcare information technology and remote monitoring services.

Market Segmentation

Global Digital Health Market is segmented into By Type, the Global Digital Health Market is segmented into Product & Service, Component, and End-user. Based on Product & Service, the Global Digital Health Market is segmented into mHealth and eHealth. Based on Component, the Global Digital Health Market is segmented into Software, Hardware, and Services. Based on End-user, the Global Digital Health Market is segmented into Healthcare Providers, Payers, Healthcare Consumers, and Others.

Regional Analysis

Global Digital Health Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. One of the first areas to adopt smart healthcare solutions was North America. These solutions include a range of technology, including wearables with sensors, mobile apps, and eHealth services like electronic health records and telemedicine that allow patients to get information on critical and chronic medical issues remotely.

Market Key Players

Various key players are discussed in this report such as Cerner Corporation, Allscripts, Apple Inc, Telefonica S.A., McKesson Corporation, Epic Systems Corporation, QSI Management, LLC, AT&T, Vodafone Group, Airstrip Technologies, Google, Inc, Samsung Electronics Co. Ltd, HiMS, Orange, Qualcomm Technologies, Inc, Vocera Communications, IBM Corporation, and CISCO Systems, Inc.

Key Developments

§ A new artificial intelligence-powered Florence version 2.0 was unveiled in October 2022 by the World Health Organisation (WHO) and the Qatar Ministry of Health. It provides a cutting-edge platform for sharing and discussing diverse health issues in seven different languages.
§ Blessing Health System, an integrated rural health system, has chosen Biofourmis, a provider of digital pharmaceuticals and virtual care, to introduce its home hospital services in March 2022. In order to participate in the Rural Home Hospital initiative, Biofourmis is providing the health system with support through its turnkey, comprehensive home hospital solution.

Market Taxonomy

By Product & Service
• mHealth
• eHealth
By Component
• Software
• Hardware
• Services
By End-user
• Healthcare Providers
• Payers
• Healthcare Consumers
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Digital Health Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Digital Health Market

1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Digital Health Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Digital Health Market, By Product & Service
5.1 Y-o-Y Growth Comparison, By Product & Service
5.2 Global Digital Health Market Share Analysis, By Product & Service
5.3 Global Digital Health Market Size and Forecast, By Product & Service
5.3.1 mHealth
5.3.2 eHealth
6 Global Digital Health Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Digital Health Market Share Analysis, By Component
6.3 Global Digital Health Market Size and Forecast, By Component
6.3.1 Software
6.3.2 Hardware
6.3.3 Services
7 Global Digital Health Market, By End-user
7.1 Y-o-Y Growth Comparison, By End-user
7.2 Global Digital Health Market Share Analysis, By End-user
7.3 Global Digital Health Market Size and Forecast, By End-user
7.3.1 Healthcare Providers
7.3.2 Payers
7.3.3 Healthcare Consumers
7.3.4 Others
8 Global Digital Health Market, By Region
8.1 Global Digital Health Market Share Analysis, By Region
8.2 Global Digital Health Market Size and Forecast, By Region
8.3 Global Digital Health Market Trends and Forecast, By Region
9 North America Digital Health Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Digital Health Market Size and Forecast, By Product & Service
9.3 North America Digital Health Market Size and Forecast, By Component
9.4 North America Digital Health Market Size and Forecast, By End-user
9.5 North America Digital Health Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Product & Service
9.5.1.2 Market Size and Forecast, By Component
9.5.1.3 Market Size and Forecast, By End-user
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Product & Service
9.5.2.2 Market Size and Forecast, By Component
9.5.2.3 Market Size and Forecast, By End-user
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Product & Service
9.5.3.2 Market Size and Forecast, By Component
9.5.3.3 Market Size and Forecast, By End-user
10 Europe Digital Health Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Digital Health Market Size and Forecast, By Product & Service
10.3 Europe Digital Health Market Size and Forecast, By Component
10.4 Europe Digital Health Market Size and Forecast, By End-user
10.5 Europe Digital Health Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Product & Service
10.5.1.2 Market Size and Forecast, By Component
10.5.1.3 Market Size and Forecast, By End-user
10.5.2 France
10.5.2.1 Market Size and Forecast, By Product & Service
10.5.2.2 Market Size and Forecast, By Component
10.5.2.3 Market Size and Forecast, By End-user
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Product & Service
10.5.3.2 Market Size and Forecast, By Component
10.5.3.3 Market Size and Forecast, By End-user
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Product & Service
10.5.4.2 Market Size and Forecast, By Component
10.5.4.3 Market Size and Forecast, By End-user
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Product & Service
10.5.5.2 Market Size and Forecast, By Component
10.5.5.3 Market Size and Forecast, By End-user
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Product & Service
10.5.6.2 Market Size and Forecast, By Component
10.5.6.3 Market Size and Forecast, By End-user
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Product & Service
10.5.7.2 Market Size and Forecast, By Component
10.5.7.3 Market Size and Forecast, By End-user
11 Asia Pacific Digital Health Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Digital Health Market Size and Forecast, By Product & Service
11.3 Asia Pacific Digital Health Market Size and Forecast, By Component
11.4 Asia Pacific Digital Health Market Size and Forecast, By End-user
11.5 Asia Pacific Digital Health Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Product & Service
11.5.1.2 Market Size and Forecast, By Component
11.5.1.3 Market Size and Forecast, By End-user
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Product & Service
11.5.2.2 Market Size and Forecast, By Component
11.5.2.3 Market Size and Forecast, By End-user
11.5.3 India
11.5.3.1 Market Size and Forecast, By Product & Service
11.5.3.2 Market Size and Forecast, By Component
11.5.3.3 Market Size and Forecast, By End-user
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Product & Service
11.5.4.2 Market Size and Forecast, By Component
11.5.4.3 Market Size and Forecast, By End-user
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Product & Service
11.5.5.2 Market Size and Forecast, By Component
11.5.5.3 Market Size and Forecast, By End-user
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Product & Service
11.5.6.2 Market Size and Forecast, By Component
11.5.6.3 Market Size and Forecast, By End-user
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Product & Service
11.5.7.2 Market Size and Forecast, By Component
11.5.7.3 Market Size and Forecast, By End-user
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Product & Service
11.5.8.2 Market Size and Forecast, By Component
11.5.8.3 Market Size and Forecast, By End-user
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Product & Service
11.5.9.2 Market Size and Forecast, By Component
11.5.9.3 Market Size and Forecast, By End-user
12 Latin America Digital Health Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Digital Health Market Size and Forecast, By Product & Service
12.3 Latin America Digital Health Market Size and Forecast, By Component
12.4 Latin America Digital Health Market Size and Forecast, By End-user
12.5 Latin America Digital Health Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Product & Service
12.5.1.2 Market Size and Forecast, By Component
12.5.1.3 Market Size and Forecast, By End-user
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Product & Service
12.5.2.2 Market Size and Forecast, By Component
12.5.2.3 Market Size and Forecast, By End-user
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Product & Service
12.5.3.2 Market Size and Forecast, By Component
12.5.3.3 Market Size and Forecast, By End-user
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Product & Service
12.5.4.2 Market Size and Forecast, By Component
12.5.4.3 Market Size and Forecast, By End-user
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Product & Service
12.5.5.2 Market Size and Forecast, By Component
12.5.5.3 Market Size and Forecast, By End-user
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Product & Service
12.5.6.2 Market Size and Forecast, By Component
12.5.6.3 Market Size and Forecast, By End-user
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Product & Service
12.5.7.2 Market Size and Forecast, By Component
12.5.7.3 Market Size and Forecast, By End-user
13 Middle East Digital Health Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Digital Health Market Size and Forecast, By Product & Service
13.3 Middle East Digital Health Market Size and Forecast, By Component
13.4 Middle East Digital Health Market Size and Forecast, By End-user
13.5 Middle East Digital Health Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Product & Service
13.5.1.2 Market Size and Forecast, By Component
13.5.1.3 Market Size and Forecast, By End-user
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Product & Service
13.5.2.2 Market Size and Forecast, By Component
13.5.2.3 Market Size and Forecast, By End-user
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Product & Service
13.5.3.2 Market Size and Forecast, By Component
13.5.3.3 Market Size and Forecast, By End-user
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Product & Service
13.5.4.2 Market Size and Forecast, By Component
13.5.4.3 Market Size and Forecast, By End-user
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Product & Service
13.5.5.2 Market Size and Forecast, By Component
13.5.5.3 Market Size and Forecast, By End-user
13.5.6 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Product & Service
13.5.6.2 Market Size and Forecast, By Component
13.5.6.3 Market Size and Forecast, By End-user
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Cerner Corporation
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Allscripts
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Apple Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Telefonica S.A.
15.4.1 Overview
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Google, Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Samsung Electronics Co. Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Orange
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Vocera Communications
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 IBM Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 CISCO Systems, Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies