The global digital health market size was USD 175.20 Billion in 2021 and register a revenue CAGR of 27.2% over the forecast period, according to the latest analysis by Emergen Research. Increased public health spending lowers patients overall Out-OOP, facilitating access to healthcare, particularly for underprivileged and marginalized. OOP expenses are payments made upfront by patients at Point of Care (PoC) when no financial protection plan covers full cost of medical care. Furthermore, increasing health expenditure by governments of various countries is driving market revenue growth substantially.
The study aims to provide a forecast of the growth of the Digital Health market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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The Global Digital Health Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Digital Health Market studies the market scenario to offer growth projections for the Digital Health industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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Key companies operating in the Digital Health market include:
Allscripts Healthcare, LLC, Cisco Systems, Inc., McKesson Corporation, Koninklijke Philips N.V., Cerner Corporation (Oracle Corporation), NXGN Management, LLC., Epic Systems Corporation., SoftServe, AirStrip Technologies, Inc., and Healthcare Information, and Management Systems Society, Inc.
Emergen Research has segmented the global digital health market based on technology, component, end user, and region:
Technology Outlook (Revenue, USD Billion, 2019–2030)
Tele-healthcare
Wearables
BP monitor
Glucose monitor
Pulse monitor
Others
Applications
Medical apps
Fitness apps
Health analytics
Digital health systems
Others
Component Outlook (Revenue, USD Billion, 2019–2030)
Hardware
Software
Services
End User Outlook (Revenue, USD Billion, 2019–2030)
Healthcare providers
Healthcare consumers
Others
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S., Canada
Europe
U.K., Italy, Germany, France, Rest of EU
Asia Pacific
India, Japan, China, South Korea, Australia. Rest of APAC
Latin America
Chile, Brazil, Argentina, Rest of Latin America
Middle East & Africa
Saudi Arabia, U.A.E., South Africa, Rest of MEA
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Key Questions Addressed in the Report:
Who are the leading players in the Digital Health industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of Digital Health?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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