As per the study initiated by Evolve Business Intelligence, the global Digital Health market size accounted for USD 220.2 Billion in 2022, growing at a CAGR of 20.2% from 2023 to 2033. The digital health market refers to the use of technology and digital solutions in healthcare to improve the delivery of medical services, enhance patient outcomes, and streamline healthcare processes. It encompasses a wide range of technologies and applications, including telemedicine, mobile health (mHealth) apps, electronic health records (EHRs), wearable devices, remote monitoring systems, artificial intelligence (AI) and machine learning (ML) algorithms, and more. The digital health market has experienced significant growth in recent years, driven by various factors such as the increasing adoption of smartphones and connected devices, advancements in technology, rising healthcare costs, growing demand for personalized healthcare solutions, and the need for efficient healthcare delivery in remote areas.
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• The global Digital Health Market size was valued at USD 220.2 billion in 2022 growing at a CAGR of 20.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Digital Health Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Digital Health market report also includes the following data points:
• COVID19 Impact on Digital Health market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Digital Health market
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Some of the major Digital Health players holding high market share include Allscripts Healthcare Solution, Inc., Cerner Corporation, Cisco Systems, and eCLINICALWORKS. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Allscripts Healthcare Solution, Inc.
• Cerner Corporation
• Cisco systems
• General Electric company
• Koninklijke Philips N.V.
• Honeywell International Inc.
• Mckesson Corporation
• Siemans Healthcare AG
• Qualcomm Technologies, Inc
Market Segment By Product with focus on market share, consumption trend, and growth rate of Digital Health Market:
Market Segment By Component with focus on market share, consumption trend, and growth rate of Digital Health Market:
Market Segment By end-user with a focus on market share, consumption trend, and growth rate of the Digital Health Market:
o Healthcare Providers
o Healthcare Consumers
Market Size (2022) $ 220.2 Billion
CAGR (2023 to 2033) 20.2%
Market Segmentation Product, Component, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Digital Health Geographic Coverage:
• North America
o Nordic Countries
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o South Africa
o Rest of MEA
• Latin America
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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This release was published on openPR.