Digital Health Revolution: Key Players Shaping the Decade By 2022 to 2032

 

The global Digital Health Market is expected to reach a valuation of US$ 2585.98 Billion by 2032, with sales growing at an astounding CAGR of 27.7% from 2022 to 2032. Owing to the rising awareness of digital health benefits, the market for the same is likely to expand at a rapid rate and reach an estimated US$ 224.24 Billion by the end of 2022. The deep penetration of electronic gadgets and devices and advancing technology coupled with the rising acceptance of telemedicine and telehealth services will fuel the growth of the digital health market during the forecast period.

The prospects for the digital health market are expected to improve as a result of the healthcare industry's fast digitalization. Big Data and other cutting-edge technology tools are being used more frequently, which is positive for the target market. The medical community, as well as public and private organisations, are rapidly adopting telemedicine and telehealth services. The digital health market will most certainly benefit as a result of this.

Get your Sample Report with Latest Market Information!  https://www.futuremarketinsights.com/reports/sample/rep-gb-505

Additionally, the rising incidence of chronic ailments including cancer, cardiovascular disease, diabetes, Alzheimer's, and other illnesses that call for ongoing patient monitoring and long-term care add to the increase in demand for digital health services. Additionally, smartphones and other electronic devices are increasingly being utilised as fitness and health trackers, which supports the expansion of the digital health market during the course of the forecast period.

“Improving healthcare IT infrastructure coupled with access to virtual care will stimulate the global growth of the digital health market over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • The rising prevalence of medical conditions requiring long-term care and monitoring facilitates market growth of the digital health industry.
  • Concerns regarding patients’ data security stymies market growth during the assessment period.
  • By deployment type, the cloud-based segment will likely reach an estimated US$ 519,151.4 Million by 2032.
  • On the basis of solution, the software segment is predicted to hold about 45.6% of the digital health market revenue.
  • North America is expected to dominate the global digital health market space with a 45.9% share of the total revenue.
  • The digital health market in South Asia & Pacific is anticipated to reach US$ 275,462.9 Million by 2032.

Competitive Landscape:

AT&T Inc., Apple Inc., AirStrip Technologies LP, Alcatel-Lucent Corporation, Cerner Corporation, Symantec Corporation, Aruba Networks, Inc., Cisco Systems, Inc., Qualcomm, Inc., Siemens Healthcare, and Philips Healthcare among others are some of the major players in the digital health market profiled in the full version of the report.

Leading market players are focusing on launching state-of-the-art and affordable solutions to retain a competitive edge. These firms also adopt tactics like strategic alliances, partnerships, collaborations, acquisitions, and joint ventures to increase their market share.

More Insights into Digital Health Market Report:

According to the latest FMI reports, based on segmentation, the cloud-based deployment segment will make significant contributions to the growth of the overall market. This segment is anticipated to reach US$ 519,151.4 Million by 2032 owing to increasing usage of cloud-based solutions by various healthcare organizations. The software solution segment will also lead the market growth, accounting for a value of US$ 646,393.1 Million in 2032.

Based on region, the digital health market in North America will present remarkable growth during 2022-2032. The region will likely dominate the market and hold about 45.9% of the market revenue. North America’s digital health market is predicted to account for a market share worth US$ 196,094.5 Million. The presence of lucrative funding options, the deep reach of smartphones and other such devices, enhanced internet connectivity, and easy adaptability to progressive technology along with other factors like an ageing population and high prevalence of chronic illnesses propel the target market in this region. Besides North America, the Asia Pacific region, too, will demonstrate considerable growth in the digital health market during the forecast period.

Key Segments:

By Solution:

  • Software
    • Healthcare Payers Software
      • Healthcare Claims Management Software
      • Healthcare CRM Software
      • Others
      • Payer Care Management Software
    • Healthcare Providers Software
      • EHR / EMR Software
      • E-Prescribing Software
      • Healthcare Asset Management Software
      • Others
      • Population Health Management Software
  • Services
    • Managed Services
    • Professional Services
      • Healthcare Consulting Services
      • Integration & Implementation Services
      • Support & Maintenance Services

By Deployment:

  • Cloud-based
  • On-Premises

By End User:

  • Diagnostics Centers
  • Healthcare Payers
  • Healthcare Research Centers
  • Hospitals & Clinics
  • Nursing Care Centers
  • Others

Comments

Post a Comment

Popular posts from this blog

Teleradiology Services Market Analysis And Demand With Forecast Overview To 2032

Image
 In 2022, it is expected that the Teleradiology Services Market would be worth around US$ 31,880.57 Million. By 2032, it is anticipated that the market for teleradiology services would reach US$5,598.3 Million. with a 19% CAGR growth forecast through 2032. The global Teleradiology Services Market is estimated to reach a market valuation of US$ 1,971.4 Million by the end of 2016 and register a CAGR of 21.0% over the forecast period (2016–2026). The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis. Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry. Request Sample PDF Brochure: https://www.futuremarketinsights.com/reports/...
Read more

Non-Vascular Stents Market to 2032 – Global Analysis and Forecasts by Types, Technologies, Applications and End-User Verticals

Image
 The Non-Vascular Stents Market is expected to grow at a CAGR of  4.5%  over the forecast period. (2022 - 2032). The sector is expected to be valued at  US$ 1.21 billion  in 2022 and  US$ 1.9 billion by 2032. The global non-vascular stents market is expected to move forward in response to the growing demand for minimally-invasive procedures. Rising technological and material advancements are assisting in the development of specially designed stents for use in a variety of indications thereby fueling the overall non-vascular stents market growth. Non-vascular stents use small, precise incisions, resulting in scars that are smaller and less visible than those left by traditional surgical techniques, putting the patient's safety in jeopardy. The above-mentioned feature is anticipated to provide impetus to the non-vascular stents market adoption trends in coming years. Such a surgery is associated with a faster recovery period, resulting in a shorter hospital ...
Read more

From X-rays to AI: Veterinary Imaging Innovations of the Next Decade By 2022 to 2030

Image
  Between 2022 and 2030, the global veterinary imaging industry is expected to grow at a CAGR of 6.6%, from US$ 2.02 billion in 2022 to US$ 3.37 billion by 2030. A study by Future Industry Insights (FMI) predicted that by 2030, the worldwide veterinary imaging industry would bring in US$ 3.37 billion. The research study looks at the market development for veterinary imaging through 2030 in more than 20 nations. The report offers precise insights into some of the key players in the industry's crucial business strategies. According to the poll, investments are being made in the veterinary diagnostics industry as the trend towards pet humanization picks up speed. Additionally likely to fuel industry growth are governmental rules and a greater emphasis on preserving animal health. Request A Report Sample To Gain Comprehensive Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-12368 Growth will also be fueled by the expansion of the animal and pet care industry as a w...
Read more