Global Digital Health Market Research Report Information by Technology, By Component, By Application, By End User, by Region

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Global Digital Health Market Research Report Information by Technology (Tele-healthcare, m-Health, Healthcare Analytics, Digital Health System), By Component (Software, Hardware, and Services), By Application (Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology, Gastroenterology, Others), By End User (Healthcare Providers, Healthcare Payers, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2032

Market Overview

In 2023, the digital health market was estimated to be worth USD 222.91 billion. The Digital Health Market industry is anticipated to experience a compound annual growth rate (CAGR) of 20.01% from USD 270.46 billion in 2024 to USD 1314.36 billion by 2032.

EHRs and EMRs have expanded considerably over time to encompass more efficient data capture and automate a diverse array of data collection operations. Additionally, automation has enabled more effective search mechanisms. EHRs enhance the coordination and collaboration of healthcare practitioners to achieve patient treatment and other objectives. It enhances the quality of patient care by facilitating interoperability and the rapid access of data across departments and healthcare providers. Additionally, electronic health records (EHRs) facilitate the seamless access to patient records, which leads to more efficient treatment decisions and customized recommendations.

Additionally, EMRs digitally retain patient and healthcare information, which can be subsequently shared with healthcare practitioners to determine the most effective course of treatment for the patient. Additionally, EMR technology is advancing, and EMR developers are concentrating on mobile devices to find methods for doctors and patients to communicate on these portable devices. For example, hospital patients will record images of their symptoms, transmit text alerts, and evaluate their symptoms in real-time to enable physicians to ascertain whether they require additional evaluation through a physical examination. This could assist patients in obtaining a prompt diagnosis and the necessary treatment in a forecast period. Consequently, the market is experiencing development because of the growing demand from the healthcare sector and the ongoing technological advancements in EMRs and EHR systems.

Market Segment Insights

Tele-healthcare, m-Health, Healthcare Analytics, and Digital Health Systems comprise the Digital Health Market segmentation, which is based on technology.

The market segmentation is built upon services, which encompass hardware, software, and services.

The Digital Health Market segmentation is based on the application of the market, which includes Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology, Gastroenterology, and Others.

Healthcare Providers, Healthcare Payers, and Others comprise the market segmentation, which is determined by end consumers.

Regional Perspectives

In 2023, the North American Digital Health market held the greatest market share. The market is anticipated to be driven by a well-established regulatory framework and a robust technological infrastructure.

The digital health market in Europe is the second-largest market share, owing to the robust data protection regulations, such as GDPR, and the increasing technological advancements in telehealth solutions. additionally, Germany The Rest of Europe Digital Health market is anticipated to be the fastest-growing market in the European region, while the Digital Health market was attributed to hold the largest market share.It is anticipated that the Asia-Pacific Digital Health market will experience substantial growth from 2024 to 2032. This is a result of the increasing prevalence of chronic diseases and the large and diverse population, which creates a substantial market for digital health. Moreover, the China Digital Health market is anticipated to have the highest market share, while the Japan Digital Health market is anticipated to be the fastest-growing market in the Asia-Pacific region. The Middle East and Africa, as well as Latin America, comprise the Rest of the World.

Major Players

Koninklijike Philips N.V. (Netherlands), Anthenahealth Inc. (US), Cisco Systems (US), Epic Systems Corporation (US), eClinicalWorks (US), iHealth Labs, Inc. (US), NXGN Management, LLC (US), Mckesson Corporation (US), General Electric Company (US), and Veradigm, LLC (US) are among the key companies in the digital health market.

Product Code: MRFR/HC/6167-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA FORMULATIONLING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA FORMULATIONLING:

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING ADOPTION OF EHRS AND EMRS
- 4.2.2 GROWING GOVERNMENT INITIATIVES
4.3 RESTRAINTS
- 4.3.1 HIGH COST OF DEPLOYMENT OF DIGITAL HEALTH SOLUTIONS
- 4.3.2 PRIVACY AND SECURITY CONCERNS
4.4 OPPORTUNITY
- 4.4.1 INCREASING PENETRATION OF SMARTPHONES, TABLETS, AND OTHER MOBILE PLATFORMS HELPS TO INCREASE DIGITAL HEALTH MARKET GROWTH

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 INPUTS
- 5.1.2 SOFTWARE DEVELOPMENT PROCESSES
- 5.1.3 OUTPUT
- 5.1.4 MARKETING AND DISTRIBUTION
- 5.1.5 POST-SELLING SERVICES
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 IMPACT OF COVID-19 ON THE GLOBAL DIGITAL HEALTH MARKET
- 5.3.1 IMPACT ON TECHNOLOGY
- 5.3.2 IMPACT ON KEY PLAYERS
5.4 DIGITAL HEALTH SERVICE USER, BY REGION (%), IN 2023.
5.5 QUALITATIVE OVERVIEW ON THE AGE RANGE OF POPULATION THAT USES DIGITAL HEALTH AND CHARACTERISTICS OF PEOPLE WHO USE DIGITAL HEALTH
5.6 CURRENT MARKET TRENDS FOR GLOBAL DIGITAL HEALTH MARKET

6 GLOBAL DIGITAL HEALTH MARKET, BY TECHNOLOGY

6.1 OVERVIEW
6.2 TELE-HEALTHCARE
- 6.2.1 TELECARE
- 6.2.2 TELEHEALTH
6.3 M-HEALTH
- 6.3.1 WEARABLES
- 6.3.2 APPS
6.4 HEALTHCARE ANALYTICS
6.5 DIGITAL HEALTH SYSTEM
- 6.5.1 EHR
- 6.5.2 E-PRESCRIBING SYSTEMS

7 GLOBAL DIGITAL HEALTH MARKET, BY COMPONENT

7.1 OVERVIEW
7.2 SOFTWARE
- 7.2.1 WEB-BASED
- 7.2.2 CLOUD-BASED
- 7.2.3 ON-PREMISES
7.3 HARDWARE
7.4 SERVICES

8 GLOBAL DIGITAL HEALTH MARKET, BY APPLICATION

8.1 OVERVIEW
8.2 CARDIOLOGY
8.3 DIABETES
8.4 NEUROLOGY
8.5 SLEEP APNEA
8.6 ONCOLOGY
8.7 GASTROENTEROLOGY
8.8 OTHERS

9 GLOBAL DIGITAL HEALTH MARKET, BY END USER

9.1 OVERVIEW
9.2 HEALTHCARE PROVIDERS
9.3 HEALTHCARE PAYERS
9.4 OTHERS

10 GLOBAL DIGITAL HEALTH MARKET, BY REGION

10.1 GLOBAL
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 UK
- 10.3.4 ITALY
- 10.3.5 SPAIN
- 10.3.6 REST OF EUROPE
10.4 ASIA-PACFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 AUSTRALIA
- 10.4.5 SOUTH KOREA
- 10.4.6 VIETNAM
- 10.4.7 REST OF ASIA-PACIFIC
10.5 REST OF THE WORLD
- 10.5.1 MIDDLE EAST AND AFRICA
- 10.5.2 LATIN AMERICA

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 MARKET SHARE ANALYSIS,
11.3 LIST OF MAJOR COMPANIES PROVIDING EHR APPLICATIONS ACROSS THE GLOBE
11.4 COMPETITOR DASHBOARD
11.5 PUBLIC PLAYERS STOCK SUMMARY
11.6 COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
11.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.7.1 PRODUCT LAUNCH/PRODUCT EXPANSION
- 11.7.2 COLLABORATION

12 COMPANY PROFILES

12.1 KONINKLIJKE PHILIPS N.V.
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 KEY STRATEGIES
12.2 ATHENAHEALTH
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 CISCO SYSTEMS, INC
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 KEY STRATEGIES
12.4 EPIC SYSTEMS CORPORATION
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGY
12.5 ECLINICALWORKS
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 KEY STRATEGY
12.6 IHEALTH LABS, INC.
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 KEY STRATEGIES
12.7 NXGN MANAGEMENT, LLC
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 MCKESSON CORPORATION
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 GENERAL ELECTRIC COMPANY
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 VERADIGM, LLC
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 KEY STRATEGIES

13 DATA CITATIONS