Market Overview:
United States digital health market size is projected to exhibit a growth rate (CAGR) of 17.30% during 2024-2032. The increasing advances in technology, such as the Internet of Things (IoT), artificial intelligence (AI), machine learning, and data analytics, which have significantly contributed to the growth of digital health, are driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
17.30% |
Digital health refers to the use of digital technologies, such as mobile apps, wearable devices, telehealth services, and health information systems, to improve healthcare delivery and enhance the overall health and well-being of individuals. It encompasses a broad range of applications, including remote patient monitoring, electronic health records, virtual consultations, and health-related mobile applications. Digital health leverages technology to empower individuals in managing their health, promoting preventive care, and facilitating better communication between patients and healthcare providers. It has the potential to streamline healthcare processes, increase access to medical information, and enable personalized and data-driven approaches to healthcare. Key components of digital health include health informatics, health analytics, and the integration of various digital tools into traditional healthcare practices. As technology continues to advance, digital health plays a crucial role in transforming and modernizing the healthcare industry, ultimately aiming to improve patient outcomes, increase efficiency, and make healthcare more accessible and patient-centered.
United States Digital Health Market Trends:
The digital health market in the United States is experiencing unprecedented growth, primarily driven by advancements in technology and a surge in the adoption of digital solutions across the healthcare landscape. Firstly, the increasing prevalence of chronic diseases has propelled the demand for remote patient monitoring and telehealth services. Additionally, the widespread availability and affordability of smartphones have facilitated greater access to healthcare apps, enabling individuals to monitor their health and wellness actively. Moreover, the escalating focus on personalized medicine and data-driven healthcare solutions has spurred innovation in digital health. As a result, the integration of artificial intelligence and machine learning in diagnostics and treatment planning has become a pivotal driver for market expansion. In tandem, the growing emphasis on healthcare interoperability and the seamless exchange of patient data, which has fostered the development of integrated digital health ecosystems to enhance patient care, is expected to drive the market in the United States during the forecast period.
United States Digital Health Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type and component.
Type Insights:
- Telehealth
- Medical Wearables
- EMR/EHR Systems
- Medical Apps
- Healthcare Analytics
- Others
The report has provided a detailed breakup and analysis of the market based on the type. This includes telehealth, medical wearables, EMR/EHR systems, medical apps, healthcare analytics, and others.
Component Insights:
- Software
- Hardware
- Service
A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes software, hardware, and service.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Digital Health Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Types Covered |
Telehealth, Medical Wearables, EMR/EHR Systems, Medical Apps, Healthcare Analytics, Others |
Components Covered |
Software, Hardware, Service |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
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) |
Key Questions Answered in This Report:
- How has the United States digital health market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States digital health market?
- What is the breakup of the United States digital health market on the basis of type?
- What is the breakup of the United States digital health market on the basis of component?
- What are the various stages in the value chain of the United States digital health market?
- What are the key driving factors and challenges in the United States digital health?
- What is the structure of the United States digital health market and who are the key players?
- What is the degree of competition in the United States digital health market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States digital health market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States digital health market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States digital health industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.