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Digital Health Market Size By Technology Telehealth, mHealth, Digital Health System, Industry Analysis Report, Regional Outlook Global Market Size, Share, Development, Growth and Demand Forecast 2013–

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Digital Health Market Size By Technology Telehealth, mHealth, Digital Health System, Industry Analysis Report, Regional Outlook Global Market Size, Share, Development, Growth and Demand Forecast 2013–

September 17
18:39 2019
Digital Health Market Size By Technology Telehealth, mHealth, Digital Health System, Industry Analysis Report, Regional Outlook Global Market Size, Share, Development, Growth and Demand Forecast 2013–

Digital Health Market
The World Is Going Digital Similarly Enovation In Healthcare ,This Revolutionize Help Whole Industries And Shape The Future With Latest Technology Which Will help Business to Grow With Component Software, And Services, End User Providers, —Global Forecast Till 2023

The Global Market For Digital Healthcare Is Set To Expand At A Compound Annual Growth Rate (CAGR) Of 11.8% (2018-2023) Reports Market Research Future (MRFR).

The market stood at a valuation of USD 180 Bn in 2017. Growing popularity of wearable medical devices is a major force behind the market growth. Rise of wearables has also led to increased need for relevant communication platforms that work in tandem. These platforms enable various types real-time health readings fed by wearable devices.

Digital healthcare is penetrating healthcare markets in various parts of the world. Growth of the internet has also influenced the adoption of digital healthcare.  Technological advanced, rapid digitization in healthcare, increasing number of internet savvy individuals and increased focus on delivering cost-efficient healthcare are some of the key factors influencing the global market for digital healthcare.

Various other factors such as technological advancements, untapped emerging markets, rising incidence of lifestyle diseases, increasing healthcare expenditure, and cost-effectiveness of devices are also expected to propel the growth of the market. However, the lack of awareness about the possible applications of connected healthcare and increasing cyber crimes can hamper market growth over the forecast period.

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Global Digital Healthcare Market: Competition Analysis

Key companies mentioned in MRFR’s report are AT & T, Biotelemetry, Inc., Cisco Systems, Koninklijke Philips N.V., AllScripts Healthcare Solutions, Inc., Qualcomm, Athenahealth Inc., LifeWatch AG, Cerner Corporation, iHealth Lab, Inc., General Electric Company, McKesson Corporation and EClinicalWorks

Industry News

  • Inhealthcare, a leading UK-based digital healthcare company has reported sealed a collaboration deal with sin NHS organisations in the North East. The agreement will allow both patients and clinicians leverage a slew of digital programs collectively known as ‘health call’.
  • Livongo, a US-based healthcare technology companies that focus of offering solutions to patients with diabetes is reportedly going public. The decision is aligned with the increased digital healthcare IPOs. The firm priced its shares at USD 28 each, taking its valuation to over 2 Bn.

Global Digital Healthcare Market: Segmental Analysis

MRFR’s report includes a thorough segmental analysis of the market based on component, technology and end user.

On the basis of component, the market has been segmented into services, software and hardware.  On the basis of technology, the market has been segmented into health analytics, mHealth, and telehealthcare. The mHealth segment is further sub-segmented into apps and wearables. The apps segment is further sub-segmented into fitness apps and medical apps. The wearables segment is further sub-segmented into glucose monitor, sleep apnea monitors, BP monitor, neurological monitors, pulse monitor and others.

The telehealthcare segment is further sub-segment into telehealth (video consultation and LTC monitoring) and telecare (remote medication management and activity monitoring). By end user, the market has been segmented into payers, pharmaceutical companies, providers, employers and others.

Global Digital Healthcare Market: Regional Analysis

The Americas represent the brightest spot in the global digital healthcare market. This is mainly owing to presence of an advanced healthcare system in the U.S. Moreover, a growing patient pool and faster uptake of innovative healthcare solutions is having propelling the market forward in the region. Rising cases of obesity and diabetes in the region coupled with increased occurrence of chronic disorders continues to drive the need for effective healthcare solutions in the Americas. According to the data released by Centers for disease control and prevention (CDC) close to 9.4% of the US population was diabetic.

Europe is projected to remain the second largest market for digital healthcare during the forecast period. Many European countries boast world-class healthcare systems at the same time the per capita healthcare expenditure remains high in the region. The market is also benefiting from the high healthcare penetration in the region.

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The market in Asia Pacific is poised to grow at an impressive pace over the next several years. Due to improving medical diagnostics, the patient population in the region is rising fast. The region present tremendous opportunities to the healthcare sector. These factors make APAC an attractive proposition for market players.  In APAC, Japan currently represents the largest market for digital healthcare.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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