Digital Health Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

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Sarasota, FL — 03/13/2018 — Global Digital Health Market: Overview

Digital health has turned out to be a buzz word with mounting use of digital health platforms such as mobile health, telehealth, and other wireless solutions in nursing homes and hospitals in an attempt to offer patients with instantaneous healthcare services. The influence of digital technology amid end-user verticals such as retail, public, banking, financial service & insurance and manufacturing sectors is extraordinary; however, it is turning out to be a game-changer technology in the healthcare sector with the mounting reliance on digital health platform by end-users. These platforms are being progressively employed to execute remote examining for chronic disease as well as to access personal health record and electronic medical record via mobile and broadband.

Global Digital Health Market: Growth Factors

The increasing consciousness regarding health, complemented by the mounting implementation of tablet and smartphone are anticipated to fuel the growth of the digital health market. Furthermore, the increasing infiltration of 4G and 3G network and rising application area is backing the market growth. Nevertheless, the severe regulatory standards and risk related to data security and privacy are projected to hamper the growth of the digital health market.

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Global Digital Health Market: Segmentation

The worldwide digital health market can be bifurcated based on products, end-user, component, and geography. The products segment of the market can be divided into wearable devices and healthcare information systems. The wearable devices market segment can be sub-divided into digital therapeutic devices and diagnostic & monitoring devices. The digital therapeutic devices segment can be further diversified into rehabilitation devices, insulin pumps, respiratory therapy devices, and pain management devices. The healthcare information system segment of the market can be classified into non-clinical solutions and clinical solutions. The clinical solutions segment can be sub-divided into clinical decision support system, EHR/EMR, mHealth, computerized physician order entry, population health management, telehealth, and others. The component segment of the digital health market can be classified into software, services, and hardware. The end-user segment of the digital health market can be bifurcated B2B and B2C. The B2B market segment can be is diversified into payers, providers, pharmaceutical companies, employers, and others. The B2C market segment can be sub-categorized into caregivers and patients. Geographically, the worldwide digital health market can be diversified into Europe, North America, Latin America, Asia Pacific, and Middle East & Africa.

Global Digital Health Market: Regional Analysis

North America is anticipated to govern the worldwide digital health market. The growth of this region can be attributed to the prudence of a huge player pool and the rising partnership between them. Furthermore, Asia Pacific is expected to present productive opportunities for the market growth in the years to come.

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Global Digital Health Market: Competitive Players

The leading players the worldwide digital health market consist of Cerner Corp., McKesson Corp., GE Healthcare, Philips Healthcare, Agfa-Gevaert N.V., and Allscripts Healthcare Solutions Inc. Other few prominent players in the market are Epic Systems Corp., Qualcomm Inc., Cisco Systems Inc., Siemens Healthineers, and Truven Health Analytics.

Global Digital Health Market: Regional Segment Analysis

North America
The U.S.
The UK
The Asia Pacific
Latin America
The Middle East and Africa

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What Reports Provides

Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.

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Jasmine Petters

Jasmine Petters

Jasmine hails from the city of Nizams, Hyderabad, and is currently pursuing her M.D. from there only. She is an internet wizard and has keen passion in All Things tech. She is a regular Comment contributor for The Daily Telescope and writes a Web column, in which she covers war, sports, and everything in between.
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