Digital Healthcare Market to Grow with a Healthy CAGR During Forecast Period 2022-2030

 

Digital Healthcare Market Overview

Digital healthcare includes a wide range of end-uses in the healthcare sector where digital technology has been used to increase the efficacy of healthcare systems. The advent of digital technology has been a key driver for the healthcare sector, as it has enabled easy and accurate data logging as well as analysis. This has provided the healthcare sector the ability to outsource the menial tasks in the healthcare sector’s processes to machines and concentrate on improving core competencies, helped by digital technology.

According to the research report published by Market Research Future Reports, the global Digital Healthcare Market has observed a tremendous growth by 23.7% CAGR, which is estimated to expand till the year 2030. Later, this market gained USD 1.3 trillion by 2030, which is expected to grow in the future timeline.

It has been observed that increasing demand for remote monitoring services owing to rising incidences of chronic diseases globally. This has been a significant factor propelling the market during the forecast period. Mainly, remote monitoring uses technology to monitor changes in the health of patients, who are suffering from chronic diseases. These factors are generally augmenting the digital healthcare market growth for the future timeline.

Market Segmentation

According to the reports presented by MRFR, the global digital healthcare market has been segmented based on technology, component, end user, and region.

By technology, this market segment is segmented into telehealthcare, mHealth, and health analytics. Further, the telehealthcare segment is classified as telecare and telehealth. The telecare segment comprises of activity monitoring and remote medication management. The telehealth segment includes LTC monitoring and video consultation. Whereas, the mHealth segment is further classified as wearables and apps. The wearables segment includes BP monitor, glucose monitor, pulse monitor, sleep apnea monitors, neurological monitors, and others. The apps segment includes medical apps and fitness apps.

By component, the market has been categorized into hardware, software, and services.

By end user, the market is segmented into providers, payers, employers, pharmaceutical companies, and others.

Regional Analysis

In the current scope of the study, regionally, the global digital healthcare market has covered essential regions such as the Americas, Europe, Asia-Pacific, and the Middle East and African region.

Among them, it has been observed that the Americas lead with the largest market share for wearable medical devices chiefly owing to the existence of the large obese and diabetic population. As per 2017, the data suggested by the Centers for disease control and Prevention (CDC) states that nearly 9.4% of the US population was suffering from diabetes. Moreover, the increasing healthcare expenditure and the presence of major market players are, therefore boosting the growth of the digital healthcare market in the region.

While, in 2017, it was estimated that Europe stood second in the market owing to the cumulative awareness of health and physical fitness along with swelling expenditure on healthcare and rising incidences of chronic diseases.

Whereas Asia-Pacific was the fastest growing region in the market in 2017 owing to the presence of a vast population base, enormous opportunities for the development of the market, digitization in healthcare and more have been the major driving factors for the Asia-Pacific market of global digital healthcare. Apart from this, the demand for innovative technology for continuous monitoring of health, hence, drives the market in the Asia Pacific till now. Moreover, Japan is the largest market for wearable medical devices. Lastly, the Middle East and Africa held the least share in the market owing to the low economic development, especially within the African region.

Key Players

Some of the key players in the global digital healthcare market Players  are AllScripts Healthcare Solutions, Inc., AT & T, Athenahealth Inc., Biotelemetry, Inc., Cerner Corporation, Cisco Systems, EClinicalWorks, iHealth Lab, Inc., Koninklijke Philips N.V., LifeWatch AG, McKesson Corporation, Qualcomm, General Electric Company, and others.

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), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

 

 

 


Comments

Post a Comment

Popular posts from this blog

Chronic Obstructive Pulmonary Disease Treatment Market Trends, Overview, Competitors Strategy, Regional Analysis and Growth Foresight 2030

Image
  Chronic Obstructive Pulmonary Disease Treatment Market Overview The global market report on chronic obstructive pulmonary disease has the potential to capitalize on various factors that have a link with unhealthy lifestyle or pollution and others. Due to this unhealthy lifestyle, many people have started smoking, which can directly influence various chronic obstructive pulmonary diseases. On the other hand, if people spend their time in places with poor airflow, they can trigger various symptoms of the disease. Pollution can alleviate the symptoms and play a significant role in influencing the increase in number for people suffering from the disease. with the increasing factors like pollution and other unhealthy lifestyles. These factors have been noted by Market Research Future (MRFR) for their elaborate study on the same market.  The Chronic Obstructive Pulmonary Disease Market  Size was valued at USD 1.82 billion in 2021 and is projected to grow from USD 3.07 Billi...
Read more

Dental 3D Printing Market Trend, Size, Growth and Forecast to 2030

Image
  Dental 3D Printing Market Overview Dental 3D printing witnesses extensive demand in the cosmetic dentistry which in turn, escalates its market on the global heights. Considering the kind of the growth, the market perceives currently, Market Research Future (MRFR) in its recently published analysis asserts that the global  Dental 3D Printing Market   will register over 15.61 % CAGR during the review period (2022 – 2030), reaching exponential heights by 2030.  Dental 3D printing is a huge evolution that ever occurred in the dental world. It can perform faster, is cost-competitive, and can offer unique products and services, providing an excellent return on investment. Considered as the form of modern dentistry, dental 3D printing creates three dimensional solid dental models for surgical guides, dentures, dental implants, crown, and bridges. Additional factors substantiating the market growth include the growing prevalence of dental decays and diseases and increa...
Read more

RSV Diagnostics Market Segments, Industry Sales, Profits and Regional Study 2030

Image
  RSV Diagnostics Market Overview The rising incidence rate of respiratory infections has done wonders for the market and is bound to surge at a significant rate in the coming years. with the growth in the incidences of chronic diseases around the world, there is bound to be an increase in the case of respiratory infections. This is going to have a definite positive impact on the demand for testing of infectious diseases like RSV. The deaths among neonates owing to these infections can be prevented when timely diagnosis and subsequent treatment is provided. Thus, the growing awareness regarding this factor is set to enhance the growth of the  RSV Diagnostics Market   in the years ahead. The latest report by Market Research Future (MRFR) states that the Respiratory Syncytial Virus (RSV) market is all set to gain substantial traction by accruing gigantic revenues by 2030. In addition, it is on track to surge at a CAGR of 10.7 % during the forecast period (2022–2030).The d...
Read more