Maximize Market Research, has published competitive intelligence market research report on Digital Health Market. The Market overview gives thorough details about the industry trends, barriers, competitive strategies, segment wise market analytics & country wise scope.
Digital health is the application of information technology and electronic communications to various healthcare operations. Additionally, it helps medical professionals to access health records, create diagnosis histories, avoid repeating tests, etc. With a reduction in overall costs, digital health makes it easier to detect new illnesses or the deterioration of pre-existing conditions.
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Digital Health Market Report Scope and Research Methodology
Maximize Market Research has collected the data through Primary research surveys from Digital Health dealers, suppliers and producers. The company's annual reports and secondary sources, such as reliable paid and free databases are carefully examined to verify the facts for the Digital Health market report. The scope of the research includes the analysis of market dynamics, regulations, segments & industry rivalry.
Region wise data has been collected the analyse the country wise markets. The new entrants in Digital Health market were researched for growth prospects and future business outlooks Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Digital Health industry along with paid and free databases. All the information that has been acquired has been verified, evaluated, and presented in list form in order to give a coherent and understandable picture of the Digital Health market.
Digital Health Market size was valued at US$ 246.01 Bn. in 2021 and the total revenue is expected to grow at 14 % through 2021 to 2029, reaching nearly US$ 701.78 Bn.
Digital Health Market Regional Insights
The country wise insights help in planning the Digital Health market strategies which are suitable and appropriately applicable according to specific countries and regions. The key regions studied are North & South America, Asia Pacific, Europe and Middle East Africa
Digital Health Market Segmentation
Digital Health Market by Component
• Hardware
• Software
• Services
In 2020, the Software category held a 40% share of the market when broken down by component. The software market has grown as a result of how well the most recent mobile applications are received in healthcare. Through the projection period, the software segment is anticipated to increase at a CAGR of 4.9%. Divisions such as electronic health records, mHealth, healthcare analytics, etc., as well as growing consumer awareness of digital health to keep track of everyday activities, are anticipated to drive market expansion throughout the course of the forecast year.
Over the course of the projection period, the hardware segment is anticipated to expand at a CAGR of 3%. Through the forecast, the market is anticipated to develop as a result of rising investments in digital infrastructure and declining demand for software installation and upgrades.
Digital Health Market by Categories
• Telemedicine
• Data Analytics
• mHealth apps
• Clinical decision support
• Wearable Sensors
• Others
In 2021, mHealth had a 22% market share across all categories. The market is expanding due to the rising frequency of cardiovascular illnesses and related mobile health devices. The forecast period is predicted to see mHealth grow at a CAGR of 4.2%. Through the course of the forecast period, factors such as an increase in demand for remote monitoring devices, a rise in smartphone usage, and the incidence of hypertension are anticipated to propel market expansion for the category.
Digital Health Market by End User
• Healthcare Providers
• Payers
• Healthcare Consumers
• Others
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Digital Health Market Key Players
• Allscripts Healthcare Solution, Inc.
• Cerner Corporation
• Cisco systems
• eCLINICALWORKS
• General Electric Company
• Koninklijke Philips N.V
• Honeywell International Inc.
• Mckesson Corporation
• Siemans Healthcare AG
• Qualcomm technologies, Inc.
• Samsung Electronics Co., Ltd.
• HiMS
• Orange
• Qualcomm Technologies, Inc.
• Softserve
• MQure
• Computer Programs and Systems, Inc.
• Vocera Communications
• IBM Corporation
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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Table Of Content :
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Digital Health Market Size, by Market Value (Mn. US$)
3.1. Market Segmentation
3.2. Market Segmentation Share Analysis, 2022
3.2.1.
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Digital Health Market
3.4. Geographical Snapshot of the Digital Health Market, By Manufacturer share
4. Digital Health Market Overview, 2022-2027
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1.
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1.
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1.
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1.
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Components
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Digital Health Market
5. Supply Side and Demand Side Indicators
Key questions answered in the Automotive Relay Market are:
- What are the recent industry trends that can be implemented to generate additional revenue streams for Digital Health Market?
- How is the intervention from regulatory authority is shaping the Digital Health Market?
- What growth strategies are the players considering to increase their presence in Digital Health Market?
- Who held the largest market share in Digital Health Market?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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