PUBLISHER: TechNavio | PRODUCT CODE: 1516015
PUBLISHER: TechNavio | PRODUCT CODE: 1516015
The digital health market is forecasted to grow by USD 1063.5 bn during 2023-2028, accelerating at a CAGR of 33.53% during the forecast period. The report on the digital health market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in the number of M and A activities in the market, increasing support for digital health from the governments, and growing adoption of data analytics in the healthcare sector.
Technavio's digital health market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 27.22% |
CAGR | 33.53% |
Incremental Value | $1063.5bn |
By Application
By Component
By Geographical Landscape
This study identifies the use of AI in digital health as one of the prime reasons driving the digital health market growth during the next few years. Also, growth of cloud analytics in the healthcare industry and rising applications of BI in the healthcare industry will lead to sizable demand in the market.
The report on the digital health market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital health market vendors that include 3M Co., Agfa Gevaert NV, AirStrip Technologies Inc., ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Alphabet Inc., Apple Inc., Cisco Systems Inc., Computer Programs and Systems Inc., Epic Systems Corp., General Electric Co., Honeywell International Inc., International Business Machines Corp., Koninklijke Philips N.V., McKesson Corp., Oracle Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Siemens AG, Telefonica SA, and UnitedHealth Group Inc.. Also, the digital health market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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