According to SPER Market Research, the Digital Healthcare Market is estimated to reach USD 996.82 billion by 2032 with a CAGR of 18.83%. Improving adoption of ehealth solutions that improve healthcare facility productivity, including: B. Telemedicine, laboratory management systems, clinical decision support systems, and more, IT companies are implementing a variety of implementation tactics. Organizations successfully implement by educating providers and payers on post-clinical care follow-up.
Companies in the digital health market are expanding the benefits of medical deep learning to predict individual risk of dementia and Parkinson's disease. Some companies are increasingly relying on artificial medical intelligence (AI) to recognize potential disease patterns in patients.
Digital Healthcare Market Overview (2022-2032)
- Forecast CAGR (2022-2032): 18.83%
- Forecast Market Size (2032): 996.82 billion
The Covid-19 outbreak is expected to have a positive impact on the growth of the Global Digital Health Market. The Covid-19 pandemic has strained global healthcare systems, driving the need for the development of medical information technology and remote monitoring services. The Covid-19 outbreak has imposed strict social distancing and government lockdown standards around the world. In this context, digital health technologies such as telemedicine present a huge opportunity for healthcare providers to treat patients with adherence to lockdown measures. This should further drive product acceptance and positively drive market growth in the coming years.
Impact of COVID-19 on the Digital Healthcare Market
The Covid-19 outbreak is expected to drive adoption trends for digital health services. The Covid-19 pandemic has put the global healthcare system under stress, driving the demand for digital health alongside the development of remote monitoring services and healthcare IT. The Covid-19 pandemic has sparked a surge in the use of digital technology for resource management, tracking, and population screening applications. In healthcare, several companies have launched collaborative portals to share unidentified patient data from electronic medical records for use in research. Additionally, government agencies such as the WHO are partnering with technology companies to use digital health systems to manage the pandemic more efficiently. Hence, the rapid shift towards digitization during the pandemic is having a positive impact on the outlook for the industry.
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Digital Healthcare Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
By Technology:
- Telehealthcare {Telecare (Activity Monitoring, Remote Medication Management), Telehealth (LTC Monitoring, Video Consultation)}
- mHealth {Wearables (BP Monitor, Glucose Meter, Pulse Oximeter, Sleep Apnea Monitors)}
- Apps (Medical Apps, Fitness Apps), Health Analytics
- Digital Health Systems (Electronic Health Records, E-Prescribing Systems).
By Component:
- Hardware
- Software
- Services
By End User:
- Healthcare Provider
- Payers
- Healthcare Consumers
By Application:
- Healthcare Amenities
- Home Care Services
- Remote Monitoring
- Consultancy Application
By Region:
- North America
- Europe
- Asia-Pacific
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market's historic and forecast market growth by geography.
Digital Healthcare Market Key Players:
The Digital Healthcare Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; AdvancedMD Inc., Allscripts Healthcare Solutions Inc, AT & T, Athenahealth, Inc., BioTelemetry Inc. Cerner Corporation, Cisco Systems, eClinicalWorks, Honeywell International Inc., iHealth Lab, Inc., McKesson Corporation, Koninklijke Philips N.V.
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Digital Healthcare Market Future Outlook
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Market HighlightsDigital Healthcare Market is expected to register a CAGR of 26.30% during the forecast period with a market value of USD 3,28,887.8 Million till 2025.
Digital Healthcare operates based on healthcare big data, electronic health record (EHR) and electronic medical record (EMR), and others.
Digital healthcare facilitates the smooth functioning of healthcare-related processes.
It helps in the easy management of clinical data, payment procedures, claims, and various other healthcare activities.
The factors leading to the growth of the global digital healthcare market are rising use of big data in healthcare, increasing adoption of EHR and EMR systems, government mandates, and support for the maintenance of patient’s electronic health records and others.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7636Segment AnalysisThe Global Digital Healthcare Market has been segmented by Technology, Application, Delivery Mode, Components, and End User.The market, based on technology, has been bifurcated into digital health systems, telehealthcare, mhealth, and healthcare analytics.
The digital health systems are further sub-segmented into EHR/EMR and e-prescribing systems.
