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A Staggering +38.8% CAGR of Digital Health Monitoring Market: Comprehensive Study Explores Huge Growth in 2018-Know The strategies adopted By Players to stay ahead in competition-Dominated By Qualcomm, Cisco Systems, Cerner, McKesson Corporation And Other

07-17-2018 02:32 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Digital Health Monitoring Market

Global Digital Health Monitoring Market

Global Digital Health Monitoring Market According to Data Bridge Market Research new Market report, “By Product Type (Digital Health Devices{ Blood Glucose Monitors, ECG Monitors, Blood Pressure Monitors, Oximeters, Peak Flow Monitors, Neurological Monitors, Sleep Apnea Monitors, Multi Parameter Monitors, Others}, Digital Health Software, Digital Health Services), By Mobile Apps( Healthcare Apps{ Weight Loss Apps, Fitness Tracking Apps, Aware and Alert Apps}, Chronic Disease Apps{ Diabetes Maintenance Apps}, Personal Health Apps{ Pregnancy Apps, Blood Pressure Monitoring Apps, PHR Apps}, Others ), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast is projected to reach USD 491.35billion by 2025, at a CAGR of 9.2% during the forecast period of 2018 to 2025.

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Digital health involves the use of information and communication technologies to track well-being and health indicators such as blood pressure and heart rate. Digital health provides a significant advantage to consumers, clinicians and patients. The advancements in the digital health allowed patients and consumers to track their health without need to see GP. Digital health is quick drive since it provides cost efficient solution at a time when the order for healthcare services is steadily increasing. Digital health products are shifting the continuous monitoring market from healthcare professionals to consumers hence creating an entirely new market scope. As today most of them are seeing and experiencing digital health, digital health is empowering us to better track, manage and improve our own as well our family’s health.

United states being one of the largest innovators the country has pioneer the advancement and adoption of digital health care technology. According to the Centers for Medicare & Medicaid Services, health care spending in U.S. increased by 4.3% in 2016 i.e. reaching USD3.3 trillion or USD10,348 per person.

According to the American medical Association in 2016, most of the physician in U.S. believes that digital health has a huge potential for improving patients care.

As per the study conducted in the year 2002 it was found that hypertension is estimated to affect 43 to 56 million adults in U.S. As by the invention of the blood pressure monitoring devices people now can check their B.P anywhere without physician engagement. In the year 1992 it was found that the sales of the B.P monitoring device grown from USD 484 million to USD 525 million. According to the statistics issued by the WHO, blood pressure was the major cause for 7.5 million deaths in 2008 and was foreseen to be a major risk factor for hemorrhagic stroke and coronary heart diseases in this decade. As in North America the people having higher awareness regarding health, the blood pressure monitoring devices has higher demand over there.

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According to a study it was found that Roche diagnostics ranks highest in Overall satisfaction among blood glucose monitoring devices Manufacturers and Abbott ranks second in blood glucose monitoring devices manufacture.

According to the survey from 5th annual pulse of online health 2015, it was found that almost two-thirds i.e 66.0% of Americans use mobile app to manage their health related issues. From survey it was found that 6 out of 10 individuals i.e 63.0% Americans suffering with gastrointestinal problems use mobile health apps to track diet and nutrition. Amongst overweight and obese consumers i.e 61.0% use mobile health apps to communicate with doctors. And those suffering pulmonary conditions use mobile health apps for remainder of medications. Those suffering from cardiovascular disease i.e 52.0% will use apps to track their sleep. 79.0% of Americans wish to use the wearable

health devices, Tracking physical activity (52.0%), Tracking symptoms (45.0%), Managing a personal health issue or condition (43.0%), tracking sleep patterns (41.0%), and tracking diet/nutrition (39.0%).

A health mine study found that about 27.0% of people suffering from cardiovascular diseases use activity trackers and 16.0% of people use to manage their heart conditions. Amongst the entire user around 74% of total users found that activity trackers are useful.

Table of Contents

1. INTRODUCTION
1.1. OVERVIEW OF THE DIGITAL HEALTH MONITORING MARKET
1.2. CURRENCY AND PRICING
1.3. LIMITATION
1.4. MARKETS COVERED
2 MARKET SEGMENTATION
2.1. KEY TAKEAWAYS
2.2. ARRIVING AT THE GLOBAL DIGITAL HEALTH MONITORING
MARKET SIZE
2.3. GLOBAL DIGITAL HEALTH MONITORING MARKET:
RESEARCH SNAPSHOT
2.4. ASSUMPTIONS
3 MARKET OVERVIEW
3.1. DRIVERS
3.2. RESTRAINTS
3.3. OPPORTUNITIES
3.4. CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
6 GLOBAL DIGITAL HEALTH MONITORING MARKET, BY PRODUCT TYPE
6.1. OVERVIEW
6.2. DEVICES
6.3. SOFTWARE
6.4. SERVICES
7 GLOBAL DIGITAL HEALTH MONITORING MARKET, BY TECHNOLOGY
7.1. OVERVIEW
7.2. TELE-HEALTHCARE
7.2.1 TELECARE
7.2.2 TELEHEALTH
7.3. MHEALTH
7.3.1 WEARABLES
7.3.2 APPS
7.4. HEALTH ANALYTICS
7.5. DIGITAL HEALTH SYSTEMS
8 GLOBAL DIGITAL HEALTH MONITORING MARKET, BY GEOGRAPHY
8.1 COUNTRYWISE GLOBAL DIGITAL HEALTH MONITORING MARKET,
(ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
8.1.1 NORTH AMERICA
8.1.2 EUROPE
8.1.3 ASIA-PACIFIC (APAC)
8.1.4 SOUTH AMERICA
8.1.5 MIDDLE EAST AND AFRICA
8.2 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
9 GLOBAL DIGITAL HEALTH MONITORING MARKET:
COMPETITIVE LANDSCAPE
10 GLOBAL DIGITAL HEALTH MONITORING MARKET, COMPANY PROFILES
10.1 MEDTRONIC
10.4 MERCK & CO., INC.
10.5 NOVARTIS AG
10.6 AIRSTRIP TECHNOLOGIES
10.7 ALIVECOR, INC.
11 APPENDIX
12 ABOUT DATA BRIDGE MARKET RESEARCH

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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