Market Overview:
The global digital health market size reached US$ 289 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 881 Billion by 2027, exhibiting at a growth rate (CAGR) of 20.14% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Digital health refers to the integration of information technology and electronic communications with various healthcare processes. It includes telehealth, medical wearables, digital healthcare systems like EMR and EHR medical apps, healthcare analytics, etc. Digital health aims to improve patient care, disease management and the overall healthcare experience for the user. It also enables the healthcare providers to access health records, prepare a diagnosis history, reduce the need for duplicate tests and make efficient decisions. Digital health also facilitates the identification of new illnesses or the worsening of existing ailments while lowering the total costs of healthcare. Owing to these benefits, it finds both clinical and non-clinical applications across the medical industry.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Market Trends and Drivers:
Rapid advancements in healthcare IT infrastructure, along with the adoption of cloud-based storage systems by professionals, is the key factor driving the growth of the market. Doctors and other healthcare providers are increasingly utilizing various devices such as smartphones and tablets to monitor and track the patient’s health. Furthermore, significant developments in processing and storage technologies have made computing resources more affordable, efficient and accessible, and enabled the on-demand supply of these services to patients through the internet. Additionally, extensive governmental support and the implementation of favorable policies to encourage the adoption of digital health solutions are also boosting the demand for the technology. For instance, governments of various nations are promoting the incorporation of electronic intensive care units (e-ICU), which allow remote patient monitoring through two-way cameras, high-speed internet and electronic devices. Other factors, such as the growing geriatric population, rising healthcare expenditure levels and increasing prevalence of diseases including Chronic Obstructive Pulmonary Disease (COPD) and diabetes are also projected to drive the market growth further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital health market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and component.
Breakup by Type:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Telehealth
- Medical Wearables
- EMR/EHR Systems
- Medical Apps
- Healthcare Analytics
- Others
Breakup by Component:
- Software
- Hardware
- Service
Breakup by Region:
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- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being iHealth Lab Inc., AllScripts Healthcare Solutions Inc., AirStrip Technologies, Qualcomm Technologies, Cerner Corporation, McKesson Corporation, Kininklijke Philips N.V., LifeWatch AG, Biotelemetry Inc., eClinicalWorks, Omron Healthcare, Athenahealth Inc., AT&T, etc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Component, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
iHealth Lab Inc., AllScripts Healthcare Solutions Inc., AirStrip Technologies, Qualcomm Technologies, Cerner Corporation, McKesson Corporation, Kininklijke Philips N.V., LifeWatch AG, Biotelemetry Inc., eClinicalWorks, Omron Healthcare, Athenahealth Inc. and AT&T |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Digital Health Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Component
5.6 Market Breakup by Region
5.7 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Type
9.1 Telehealth
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Medical Wearables
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 EMR/EHR Systems
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Medical Apps
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Healthcare Analytics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Component
10.1 Software
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Hardware
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Service
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 iHealth Lab Inc.
12.3.2 AllScripts Healthcare Solutions Inc.
12.3.3 AirStrip Technologies
12.3.4 Qualcomm Technologies
12.3.5 Cerner Corporation
12.3.6 McKesson Corporation
12.3.7 Kininklijke Philips N.V.
12.3.8 LifeWatch AG
12.3.9 Biotelemetry Inc.
12.3.10 eClinicalWorks
12.3.11 Omron Healthcare
12.3.12 Athenahealth Inc.
12.3.13 AT&T
List of Figures
Figure 1: Global: Digital Health Market: Major Drivers and Challenges
Figure 2: Global: Digital Health Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Digital Health Market: Breakup by Type (in %), 2021
Figure 4: Global: Digital Health Market: Breakup by Component (in %), 2021
Figure 5: Global: Digital Health Market: Breakup by Region (in %), 2021
Figure 6: Global: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Digital Health Industry: SWOT Analysis
Figure 8: Global: Digital Health Industry: Value Chain Analysis
Figure 9: Global: Digital Health Industry: Porter’s Five Forces Analysis
Figure 10: Global: Digital Health (Telehealth) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 11: Global: Digital Health (Telehealth) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 12: Global: Digital Health (Medical Wearables) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 13: Global: Digital Health (Medical Wearables) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 14: Global: Digital Health (EMR/EHR Systems) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 15: Global: Digital Health (EMR/EHR Systems) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 16: Global: Digital Health (Medical Apps) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 17: Global: Digital Health (Medical Apps) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 18: Global: Digital Health (Healthcare Analytics) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 19: Global: Digital Health (Healthcare Analytics) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 20: Global: Digital Health (Other Types) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 21: Global: Digital Health (Other Types) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 22: Global: Digital Health (Software) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 23: Global: Digital Health (Software) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 24: Global: Digital Health (Hardware) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 25: Global: Digital Health (Hardware) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 26: Global: Digital Health (Service) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 27: Global: Digital Health (Service) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 28: North America: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 29: North America: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 30: United States: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 31: United States: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 32: Canada: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 33: Canada: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 34: Asia Pacific: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 35: Asia Pacific: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 36: China: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 37: China: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 38: Japan: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 39: Japan: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 40: India: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 41: India: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 42: South Korea: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 43: South Korea: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 44: Australia: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 45: Australia: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 46: Indonesia: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 47: Indonesia: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 48: Others: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 49: Others: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 50: Europe: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 51: Europe: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 52: Germany: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 53: Germany: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 54: France: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 55: France: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 56: United Kingdom: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 57: United Kingdom: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 58: Italy: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 59: Italy: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 60: Spain: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 61: Spain: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 62: Russia: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 63: Russia: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 64: Others: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 65: Others: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 66: Latin America: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 67: Latin America: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 68: Brazil: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 69: Brazil: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 70: Mexico: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 71: Mexico: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 72: Others: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 73: Others: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 74: Middle East and Africa: Digital Health Market: Sales Value (in Billion US$), 2016 & 2021
Figure 75: Middle East and Africa: Digital Health Market Forecast: Sales Value (in Billion US$), 2022-2027
List of Tables
Table 1: Global: Digital Health Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Digital Health Market Forecast: Breakup by Type (in Billion US$), 2022-2027
Table 3: Global: Digital Health Market Forecast: Breakup by Component (in Billion US$), 2022-2027
Table 4: Global: Digital Health Market Forecast: Breakup by Region (in Billion US$), 2022-2027
Table 5: Global: Digital Health Market Structure
Table 6: Global: Digital Health Market: Key Players