#Digital Health Market size

[industryinsightsandanalysis]

The Digital Health Market: Transforming Healthcare Delivery (2021 - 2027)

The digital health market is experiencing an unprecedented transformation, driven by technological advancements, increased consumer demand for efficient healthcare services, and a global push towards improved health outcomes. This market encompasses a wide range of technologies, including telemedicine, wearable devices, health information technology (IT), mobile health apps, and personalized medicine, all aimed at enhancing the efficiency and effectiveness of healthcare delivery.

Growth Drivers

Several factors are propelling the growth of the digital health market. Foremost among these is the widespread adoption of smartphones and the internet, which has democratized access to health information and services. According to a report by Grand View Research, the global digital health market size was valued at USD 145.57 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 27.7% from 2023 to 2030. This surge is attributed to the increasing prevalence of chronic diseases, rising consumer expectations for digital health solutions, and the need for more efficient healthcare delivery systems.

For a comprehensive analysis of the market drivers, visit:  https://univdatos.com/report/digital-health-market/

The COVID-19 pandemic has also acted as a catalyst, accelerating the adoption of digital health technologies. Telemedicine, for instance, saw a significant uptick as in-person visits became challenging. Patients and healthcare providers turned to virtual consultations to maintain continuity of care, highlighting the critical role of digital health in crisis situations. This shift is likely to have a lasting impact, with many health systems and patients continuing to use telehealth services even post-pandemic.

Key Segments

1. Telemedicine: Telemedicine has emerged as a vital component of the digital health market. It enables remote diagnosis, treatment, and follow-up care, thus reducing the need for physical visits to healthcare facilities. This is particularly beneficial for patients in rural or underserved areas where access to healthcare is limited. Innovations in telemedicine platforms, integration with electronic health records (EHRs), and improved regulatory frameworks have further fueled its adoption.

2. Wearable Devices: Wearable technology, including fitness trackers and smartwatches, is another rapidly growing segment. These devices monitor various health parameters such as heart rate, sleep patterns, and physical activity, providing real-time data that can be used to manage health proactively. Advanced wearables are also equipped with features to detect anomalies like atrial fibrillation or to monitor glucose levels in diabetic patients, thus offering critical insights and early warnings.

3. Mobile Health Apps: Mobile health applications (mHealth apps) have become an integral part of personal health management. These apps cater to various needs, from fitness tracking and diet management to chronic disease management and mental health support. With the integration of artificial intelligence (AI) and machine learning (ML), mHealth apps are becoming increasingly sophisticated, offering personalized health recommendations and predictive analytics.

4. Health Information Technology (IT): Health IT encompasses electronic health records (EHRs), health information exchanges (HIEs), and other technologies that facilitate the efficient management of health data. These systems enhance communication between healthcare providers, streamline administrative processes, and improve patient outcomes by ensuring that accurate and up-to-date information is available when needed.

5. Personalized Medicine: Personalized medicine, also known as precision medicine, leverages genetic, environmental, and lifestyle factors to tailor treatments to individual patients. Advances in genomics and big data analytics are enabling more accurate diagnosis, targeted therapies, and better patient outcomes. Digital health technologies play a crucial role in collecting and analyzing the vast amounts of data required for personalized medicine.

Challenges and Opportunities

While the digital health market holds immense promise, it also faces significant challenges. Data privacy and security are paramount concerns, given the sensitive nature of health information. Ensuring compliance with regulations such as the Health Insurance Portability and Accountability Act (HIPAA) and the General Data Protection Regulation (GDPR) is critical.

Interoperability is another challenge. The seamless exchange of information between different digital health systems is essential for maximizing the benefits of these technologies. Efforts are underway to develop standards and protocols to address this issue, but there is still work to be done.

Despite these challenges, the opportunities in the digital health market are vast. Continuous innovation, combined with supportive regulatory environments and growing consumer acceptance, is driving the market forward. As digital health technologies continue to evolve, they have the potential to revolutionize healthcare delivery, making it more accessible, efficient, and personalized.

For a sample report, visit: https://univdatos.com/get-a-free-sample-form-php/?product_id=6465

Conclusion

The digital health market is at the forefront of a healthcare revolution. By leveraging advanced technologies, it is poised to improve health outcomes, enhance patient experiences, and reduce healthcare costs. As stakeholders across the healthcare spectrum embrace these innovations, the future of health looks increasingly digital, connected, and patient-centric.

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UnivDatos Market Insights

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[laxmandige05]

The global digital health market size was estimated at USD 211.9 billion in 2022 and is expected to surpass around USD 1,176.63 billion by 2032 and poised to grow at a compound annual growth rate (CAGR) of 18.7% during the forecast period 2023 to 2032.

[insightslicelive]

Digital Health Market Trends, Size Estimation, Regional Insights, Future Growth by 2032 | Cisco Systems Inc, Agfa-Gevaert N.V., Siemens Healthineers, Philips Healthcare

Digital Health Market Trends, Size Estimation, Regional Insights, Future Growth by 2032 | Cisco Systems Inc, Agfa-Gevaert N.V., Siemens Healthineers, Philips Healthcare

The research report studies the Global Digital Health market 2023-2032 using a robust research methodology to provide accurate and in-depth information about the industry. For a clearer understanding, it is structured into several chapters and sections to cover different aspects of the industry. The data analysts have used primary and secondary research to seek authentic information for the…

[globalresearchhub]

Digital Health Market-Share, Size, Industry Trends and Forecast to 2028

Digital Health Market-Share, Size, Industry Trends and Forecast to 2028

The Global Demand for The Digital Health Market Was Valued at Over USD 154.8 Billion In 2021 And Is Expected to Reach Above USD 442.7 Billion In 2028, Growing at a CAGR Of Above 19.4% Between 2022 And 2028 Get Sample Copy of this Report@ https://www.globalresearchhub.com/request-sample/digital-health-market Digital health is a developing field that uses information technology to improve patient…

[rootsanalysis-blog]

The global digital therapeutics market is projected to be worth over USD 8.86 billion by 2030, growing at a CAGR of 19.7%

Recent advances in information technology and biomedical science have enabled the development of a number of versatile digital solutions that are capable of either mimicking or augmenting, the fundamental qualities of pharmacological interventions

 Roots Analysis has announced the addition of “Digital Health Market: Focus on Digital Therapeutics (2nd Edition), 2020-2030 (Based on Type of Solution (Software Solution, Gaming Solution and Combination Solution), Type of Therapy (Curative and Preventive), and Purpose of Solution (Medication Replacement and Medication Augmentation” report to its list of offerings.

 According to experts, digital therapeutic solutions are primarily based on behavior modification and are designed to address a variety of therapeutic needs across a wide range of disease indications. On the other hand, several digital solutions have been developed to enable remote doctor-patient consultations. Such solutions witnessed a surge in adoptions amidst the COVID-19 pandemic.

 To order this 500+ page report, which features 160+ figures and 200+ tables, please visit this - https://www.rootsanalysis.com/reports/view_document/digital-health-market/208.html

 Key Market Insights

 Nearly 230 digital therapeutic solutions are currently available / under development

Close to 45% of the aforementioned solutions are standalone software applications targeting more than 60 unique indications.

 Over 85% of digital therapeutic solutions are intended to replace medication

Such solutions are currently available / being developed to treat neurological disorders (27%), mental health problems (24%), and certain metabolic disorders (24%). Alternatively, some digital health products are designed to augment the effect of conventional therapeutics and are currently being considered for treating substance use disorders and few mental health problems.

 220+ clinical trials, focused on digital therapeutics, have been registered since 2004

Around 80,000 patients have been enrolled in clinical research initiatives aimed to validate the efficacy of digital therapeutics, and generate real world evidence concerning their efficacy and safety. Close to 50% of such trials have been / are being conducted in the US.

 Nearly USD 1.9 billion invested by both private and public investors in this domain

~85% of the total capital raised for digital therapeutics-related initiatives was from venture capital investors, featuring over 370 participants.

 Partnership activity in this field has grown at a CAGR of ~42%, between 2015 and 2019

More than 70% of the reported deals were established after 2017, with the maximum activity being reported in 2019. Majority of the instances captured in the report were focused on pilot product offering (29%) and research and development agreements (21%).

 North America and Europe are anticipated to capture over 70% of the market share by 2030

The market in Asia-Pacific regions is anticipated to grow at a relatively faster pace (23.2%). In 2030, digital solutions targeting metabolic disorders are likely to represent the largest market share, in terms of revenues from product sales (26%), followed by those intended for mental health problems (20%) and neurological disorders (19%).

 To request a sample copy / brochure of this report, please visit this - https://www.rootsanalysis.com/reports/208/request-sample.html

 One of the key objectives of the report was to estimate the existing digital health market size and the future opportunity for digital therapeutics developers over the next decade. 

 A discussion on affiliated digital health market trends, key drivers and challenges, under a SWOT framework, which are likely to impact the industry’s evolution.

  Key Questions Answered

§  Who are the leading players engaged in the development of digital therapeutic solutions?

§  What are the most popular therapeutic areas addressed by digital health solutions?

§  What are the key factors influencing the price of digital therapeutics?

§  What is the trend of capital investments in the digital therapeutics market?

§  Which partnership models are commonly adopted by stakeholders in this industry?

§  What type of marketing strategies are being adopted by developers in this domain?

§  How is the COVID-19 pandemic likely to impact the digital therapeutics market?

§  How is the current and future opportunity likely to be distributed across key market segments?

§  What are the anticipated future trends related to digital therapeutics?

 The USD 8.86 billion (by 2030) financial opportunity within the digital therapeutics market has been analyzed across the following segments:

§  Type of Solution

§  Standalone Software Application

§  Software Application + Device + Personal Coach

§  Software Application + Device + AI Support

§  Software Application + Device

§  Software Application + AI Support

§  Software Application + Personal Coach

§  Other Types of Solutions

 §  Purpose of Solution

§  Medication Replacement

§  Medication Augmentation

 §  Type of Therapy

§  Curative

§  Preventive

 §  Business Model

§  Business to Consumer (Patients and Caregivers)

§  Business to Business (Healthcare Providers, Payers, Employers and Pharmaceutical Companies)

 §  Therapeutic Areas

§  Cardiovascular Disorders

§  Chronic Pain

§  Mental Health Problems

§  Metabolic Disorders

§  Neurological Disorders

§  Respiratory Disorders

§  Sleep Disorders

§  Substance Use Disorders

§  Others

 §  Key Geographical Regions 

§  North America

§  Europe

§  Asia-Pacific

§  Rest of the world 

 The report features inputs from eminent industry stakeholders, according to whom, digital therapeutic solutions are likely to witness enhanced adoption due to their broader applicability, remote guidance and other advanced features, thereby, offering lucrative opportunities to their developers. The report includes detailed transcripts of the discussions held with following industry experts:

§  Eran Ofir (Co-Founder and Chief Executive Officer, Somatix)

§  Edouard Gasser (Co-Founder and Chief Executive Officer, Tilak Healthcare)

§  Stephanie Tilenius (Co-Founder and Chief Executive Officer, Vida Health)

§  Adam Kaufman (Chief Executive Officer, Canary Health)

§  Vijay Ravindran (Chief Executive Officer, Floreo)

§  Palakh R Sarogi (Vice President, Marketing, Wellthy Therapeutics), Arani Sarkra (Senior Manager, Consumer Marketing, Wellthy Therapeutics) and Yolande D’Mello (Marketing and Public Relations, Wellthy Therapeutics)

§  Amelie Janson (Communication Manager, Voluntis)

§  Anonymous (Founder and Chief Executive Officer, UK based Small-sized Company)

 The research covers brief profiles of key players engaged in the development of digital therapeutic solutions; other popular industry players featured in the report include:

§  Akili Interactive

§  Beats Medical

§  Big Health

§  Bold Health

§  Click Therapeutics

§  CureApp

§  dreem

§  Ehave

§  Ginger

§  Happify Health

§  inMotion VR

§  Kaia Health

§  Lark Health

§  Mahana Therapeutics

§  MindMaze

§  Noom

§  NOVOSI

§  Omada Health

§  Palo Alto Health Sciences

§  Pear Therapeutics

§  Vida Health

§  Welldoc

§  ZOLL Medical

 For additional details, please visit

https://www.rootsanalysis.com/reports/view_document/digital-health-market-focus-on-digital-therapeutic-monitoring-and-diag/208.html

 You may also be interested in the following titles:

1.      AR / VR Based Healthcare Digital Marketing Service Providers Market, 2020-2030

2.      AI-Based Clinical Trial Solution Providers Market, 2020-2030

3.      Global Handheld Ultrasound Imaging Devices Market, 2020-2030

 About Roots Analysis

Roots Analysis is one of the fastest growing market research companies, sharing fresh and independent perspectives in the bio-pharmaceutical industry. The in-depth research, analysis and insights are driven by an experienced leadership team which has gained many years of significant experience in this sector. If you’d like help with your growing business needs, get in touch at info@rootsanalysis.com

  Contact:

Ben Johnson

+1 (415) 800 3415

+44 (122) 391 1091

Ben.johnson@rootsanalysis.com

[researchprecedence45]

According to recent research study, the global Digital Health market size & share is expected to grow at a CAGR of 27.9% between 2022 and 2030. The global Digital Health industry revenue of USD 175.6 Billion in 2021 is expected to grow up to USD 1.6 trillion by 2030.

[luckydige45]

As per the report from nova one advisor, the global U.S. digital health market is valued at USD 92.05 billion in 2023 and is projected to reach a value of USD 381.38 billion by 2032 at a CAGR of 17.11% between 2023 and 2032

[qyresearchmedica]

The global digital health market size was valued at $145,884.3 million in 2022, and is projected to reach $767,718.9 million by 2032, registering a CAGR of 17.9% from 2023 to 2032.

[laxmandige05]

As per the newly published report by nova one advisor, The global Digital Health market gathered revenue around USD 175.6 billion in 2021 and market is set to grow USD 1.6 trillionby the end of 2030 and is estimated to expand at a modest CAGR of 27.9% during the prediction period 2022 to 2030.

[databridgemarket456]

The Europe digital health monitoring devices market is expected to grow in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 21.10% in the above-mentioned forecast period.

[insightslicelive]

Digital Health Market to Showcase Robust Growth in the Upcoming Year to 2032 | Cisco Systems Inc, Agfa-Gevaert N.V., Siemens Healthineers, Philips Healthcare

Digital Health Market to Showcase Robust Growth in the Upcoming Year to 2032 | Cisco Systems Inc, Agfa-Gevaert N.V., Siemens Healthineers, Philips Healthcare

Global Digital Health Market Research Report, distributed by insightSLICE offers top-line information and an inside and out examination of the components driving the market fragments. A huge piece of the report contains irrefutable projections for the business all in all and its sub-markets, dependent on their verifiable and current circumstance. Download Free Research Sample with Industry…

[market-insider]

Digital Health Market 2022 | Telehealthcare Segment Dominated The Market

The global digital health market size is expected to reach USD 809.2 billion by 2030. According to a new report by Grand View Research, Inc, it is expected to expand at a CAGR of 18.6% during the forecast period. Rising smartphone adoption, improved internet connectivity with the launching of 4G/5G, advancement in healthcare IT infrastructure, rising healthcare costs, the rising penetration rate of chronic diseases, increasing adoption rate of remote patient monitoring services, and rising accessibility of virtual care are some of the major factors that fuel the industry growth. Furthermore, key players are focusing on introducing advanced applications to track daily activities, get information about medical queries, connect to physicians and store their health information. Tech giants like Apple, Google, and IBM are working to improve user experience by launching numerous subscription plans and improving data security features.

Gain deeper insights on the market and receive your free copy with TOC now @: Digital Health Market Report

At present, telehealth and telemedicine services are receiving recognition from the healthcare industry and government bodies. Governments across the globe are introducing new initiatives to promote digital health. For instance, during the 2022 budget session, the Government of India introduced a digital health ecosystem under Ayushman Bharat Digital Health Mission (ABDM). The government invested more than 3.5 million in this program in order to advance the digital healthcare infrastructure.

The growing penetration rate of chronic diseases such as CVD, cancer, diabetes, and others further fuels the market growth as chronic conditions require continuous monitoring and digital health platforms help in monitoring chronic conditions from any place and at any time. Furthermore, COVID-19 impacted the market positively as a large percentage of the patient population opted for telemedicine and telehealth solutions due to infection risks and lockdown scenarios. 

In 2022, telehealthcare dominated the market with a revenue share of 41.5%. The market growth can be attributed to the rising penetration of smartphones, and improvement in internet connectivity. Advancements in the healthcare IT infrastructure and the launching of new platforms and solutions further fuelled the segment’s growth.  In 2022, North America dominated the industry with a revenue share of 44.3%. North America is one of the very first regions to adopt smart healthcare solutions, including various technologies such as mobile apps, smart wearables, and eHealth services, like EHR & telemedicine services, for remote access to information on serious & chronic healthcare conditions. Factors such as rapid growth in the adoption of smartphones, advancements in coverage networks, rise in the prevalence of chronic diseases, increase in geriatric population, rise in costs of health care, acute shortage of primary caregivers, and increase in need for improved prevention & management of chronic conditions are responsible for the growth of digital health services in the region. 

[rootsanalysis-blog]

The global digital therapeutics market is projected to be worth over USD 8.86 billion by 2030

Digital Health Market Recent advances in information technology and biomedical science have enabled the development of a number of versatile digital solutions that are capable of either mimicking or augmenting, the fundamental qualities of pharmacological interventions

 Roots Analysis has announced the addition of “Digital Health Market: Focus on Digital Therapeutics (2nd Edition), 2020-2030 (Based on Type of Solution (Software Solution, Gaming Solution and Combination Solution), Type of Therapy (Curative and Preventive), and Purpose of Solution (Medication Replacement and Medication Augmentation” report to its list of offerings.

 According to experts, digital therapeutic solutions are primarily based on behavior modification and are designed to address a variety of therapeutic needs across a wide range of disease indications. On the other hand, several digital solutions have been developed to enable remote doctor-patient consultations. Such solutions witnessed a surge in adoptions amidst the COVID-19 pandemic.

 To order this 500+ page report, which features 160+ figures and 200+ tables, please visit this - https://www.rootsanalysis.com/reports/view_document/digital-health-market/208.html

 Key Market Insights

 Nearly 230 digital therapeutic solutions are currently available / under development

Close to 45% of the aforementioned solutions are standalone software applications targeting more than 60 unique indications.

 Over 85% of digital therapeutic solutions are intended to replace medication

Such solutions are currently available / being developed to treat neurological disorders (27%), mental health problems (24%), and certain metabolic disorders (24%). Alternatively, some digital health products are designed to augment the effect of conventional therapeutics and are currently being considered for treating substance use disorders and few mental health problems.

 220+ clinical trials, focused on digital therapeutics, have been registered since 2004

Around 80,000 patients have been enrolled in clinical research initiatives aimed to validate the efficacy of digital therapeutics, and generate real world evidence concerning their efficacy and safety. Close to 50% of such trials have been / are being conducted in the US.

 Nearly USD 1.9 billion invested by both private and public investors in this domain

~85% of the total capital raised for digital therapeutics-related initiatives was from venture capital investors, featuring over 370 participants.

 Partnership activity in this field has grown at a CAGR of ~42%, between 2015 and 2019

More than 70% of the reported deals were established after 2017, with the maximum activity being reported in 2019. Majority of the instances captured in the report were focused on pilot product offering (29%) and research and development agreements (21%).

 North America and Europe are anticipated to capture over 70% of the market share by 2030

The market in Asia-Pacific regions is anticipated to grow at a relatively faster pace (23.2%). In 2030, digital solutions targeting metabolic disorders are likely to represent the largest market share, in terms of revenues from product sales (26%), followed by those intended for mental health problems (20%) and neurological disorders (19%).

 To request a sample copy / brochure of this report, please visit this - https://www.rootsanalysis.com/reports/208/request-sample.html

 One of the key objectives of the report was to estimate the existing digital health market size and the future opportunity for digital therapeutics developers over the next decade. 

 A discussion on affiliated digital health market trends, key drivers and challenges, under a SWOT framework, which are likely to impact the industry’s evolution.

  Key Questions Answered

§  Who are the leading players engaged in the development of digital therapeutic solutions?

§  What are the most popular therapeutic areas addressed by digital health solutions?

§  What are the key factors influencing the price of digital therapeutics?

§  What is the trend of capital investments in the digital therapeutics market?

§  Which partnership models are commonly adopted by stakeholders in this industry?

§  What type of marketing strategies are being adopted by developers in this domain?

§  How is the COVID-19 pandemic likely to impact the digital therapeutics market?

§  How is the current and future opportunity likely to be distributed across key market segments?

§  What are the anticipated future trends related to digital therapeutics?

 The USD 8.86 billion (by 2030) financial opportunity within the digital therapeutics market has been analyzed across the following segments:

§  Type of Solution

§  Standalone Software Application

§  Software Application + Device + Personal Coach

§  Software Application + Device + AI Support

§  Software Application + Device

§  Software Application + AI Support

§  Software Application + Personal Coach

§  Other Types of Solutions

 §  Purpose of Solution

§  Medication Replacement

§  Medication Augmentation

 §  Type of Therapy

§  Curative

§  Preventive

 §  Business Model

§  Business to Consumer (Patients and Caregivers)

§  Business to Business (Healthcare Providers, Payers, Employers and Pharmaceutical Companies)

 §  Therapeutic Areas

§  Cardiovascular Disorders

§  Chronic Pain

§  Mental Health Problems

§  Metabolic Disorders

§  Neurological Disorders

§  Respiratory Disorders

§  Sleep Disorders

§  Substance Use Disorders

§  Others

 §  Key Geographical Regions 

§  North America

§  Europe

§  Asia-Pacific

§  Rest of the world 

 The report features inputs from eminent industry stakeholders, according to whom, digital therapeutic solutions are likely to witness enhanced adoption due to their broader applicability, remote guidance and other advanced features, thereby, offering lucrative opportunities to their developers. The report includes detailed transcripts of the discussions held with following industry experts:

§  Eran Ofir (Co-Founder and Chief Executive Officer, Somatix)

§  Edouard Gasser (Co-Founder and Chief Executive Officer, Tilak Healthcare)

§  Stephanie Tilenius (Co-Founder and Chief Executive Officer, Vida Health)

§  Adam Kaufman (Chief Executive Officer, Canary Health)

§  Vijay Ravindran (Chief Executive Officer, Floreo)

§  Palakh R Sarogi (Vice President, Marketing, Wellthy Therapeutics), Arani Sarkra (Senior Manager, Consumer Marketing, Wellthy Therapeutics) and Yolande D’Mello (Marketing and Public Relations, Wellthy Therapeutics)

§  Amelie Janson (Communication Manager, Voluntis)

§  Anonymous (Founder and Chief Executive Officer, UK based Small-sized Company)

 The research covers brief profiles of key players engaged in the development of digital therapeutic solutions; other popular industry players featured in the report include:

§  Akili Interactive

§  Beats Medical

§  Big Health

§  Bold Health

§  Click Therapeutics

§  CureApp

§  dreem

§  Ehave

§  Ginger

§  Happify Health

§  inMotion VR

§  Kaia Health

§  Lark Health

§  Mahana Therapeutics

§  MindMaze

§  Noom

§  NOVOSI

§  Omada Health

§  Palo Alto Health Sciences

§  Pear Therapeutics

§  Vida Health

§  Welldoc

§  ZOLL Medical

 For additional details, please visit

https://www.rootsanalysis.com/reports/view_document/digital-health-market-focus-on-digital-therapeutic-monitoring-and-diag/208.html

 You may also be interested in the following titles:

1.      AR / VR Based Healthcare Digital Marketing Service Providers Market, 2020-2030

2.      AI-Based Clinical Trial Solution Providers Market, 2020-2030

3.      Global Handheld Ultrasound Imaging Devices Market, 2020-2030

 About Roots Analysis

Roots Analysis is one of the fastest growing market research companies, sharing fresh and independent perspectives in the bio-pharmaceutical industry. The in-depth research, analysis and insights are driven by an experienced leadership team which has gained many years of significant experience in this sector. If you’d like help with your growing business needs, get in touch at info@rootsanalysis.com

  Contact:

Ben Johnson

+1 (415) 800 3415

+44 (122) 391 1091

Ben.johnson@rootsanalysis.com