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The growing implementation of mHealth technologies for self-management of chronic illness, including diabetes, is further energizing the growth of the digital health market size.
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Digital Health Market Digital Health Market By Technology (Tele Healthcare, mHealth), By Component (Hardware, Software, and Services), and By Region- Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1
The market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years. Key Drivers of the Digital Health Market: The digital health market is projected to witness an upsurge in demand over the coming years. This is mainly due to the growing penetration of smartphone worldwide, followed by the accelerating adoption of mobile health application, increasing adoption of digital healthcare, rapid integration of advanced technologies including artificial intelligence (AI), and Internet of Things (IoT) and growing number of favorable initiatives by government and private sector. In addition to this, the strong demand for remote monitoring services driven by the growing incidences of chronic diseases at the global level and the increasing adoption of smartphone and mobile apps users among healthcare practitioners and physicians to monitor and access medical patient-related information is further supporting the market growth. The growing implementation of mHealth technologies for self-management of chronic illness, including diabetes, is further energizing the growth of the digital health market size. Moreover, the strong demand for improving workflow efficiency in hospitals, clinics, and other healthcare centers is surging the demand for mHealth services in various healthcare organizations. Numerous favorable initiatives by the government and private sector, along with the continuous technological advancements for developing advanced digital solutions, are further propelling the demand of the market. Government programs including awareness programs and R&D funding for healthcare IT are further responsible for the market growth. On the other hand, the increasing privacy and cybersecurity concerns are likely to restrain the market growth. Top list of key players in the Digital Health Market: •AT&T Inc. •Apple Inc. •AirStrip Technologies LP 2
•Alcatel-Lucent Corporation •Cisco Systems, Inc. •Cerner Corporation •Symantec Corporation •Aruba Networks, Inc. •Qualcomm Technologies, Inc. •Samsung Electronics Co., Ltd. •NextGen Healthcare, Inc. (QSI Management, LLC) •IBM Corporation •Google LLC Segmentation of the Digital Health Market: The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market. Breakup by Technology: •Tele Healthcare oTele-care ▪ Activity Monitoring ▪Remote Medication Management oTele-health ▪LTC Monitoring ▪Video Consultation •mHealth oWearables ▪BP Monitors ▪Glucose Meters ▪Pulse Oximeters ▪Sleep Apnea Monitors (PSG) ▪Neurological Monitors ▪Activity Trackers/ Actigraphs 3
omHealth Apps ▪Medical Apps ▪Fitness Apps oHealthcare Analytics oDigital Health Systems ▪EHR ▪E-prescribing Systems Breakup by Components: •Hardware •Software •Services Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) 4
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