openPR Logo
Press release

Digital Health Market Top Players – McKesson Corporation, Allscripts Healthcare Solutions Inc., Cisco Systems, Inc., Qualcomm, Philips Healthcare, eClinicalWorks LLC

11-12-2018 02:01 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Digital Health Market Growth - Industry Size, Share Outlook Report 2024

Digital Health Market Growth - Industry Size, Share Outlook Report 2024

Digital health market to register a commendable CAGR of 28% over 2018-2024, rising governmental efforts for scaling healthcare costs to stimulate the industry growth.

The fact that positive encouragement from governments and funding bodies will expedite the growth of digital health market has recently been demonstrated in a move by the Industrial Strategy Challenge Fund. Managed by UK Research and Innovation, the Fund plans to offer £17 million for the development of breakthrough technologies that can revolutionize healthcare. Some of the technologies being developed under the initiative include a GPS app that can track the availability of beds in hospitals, a 3D printing technology for tablets and a smartphone app that can monitor and improve treatment of complex wounds. As the presence of digital technologies becomes more pervasive in the daily lives of human being, the digital health industry will continue to revolutionize healthcare and life in general with improved quality of care and much more.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/833

The evolution of the digital health market has come through as a means to offset the ever-rising costs of healthcare, to support a growing middle-class population, to incorporate disruptive digital innovations into healthcare and to take care of an increasingly aging population. Many experts are of the opinion that the changing status quo will have significant effect on healthcare delivery in the near future in which digital healthcare will make it possible for patients to access one’s health and get help from experts without having to go to a brick and mortar building delivering healthcare solutions.

It is expected that the digital health market which was evaluated at $71.4 billion in 2017 will earn a massive revenue of $379 billion by 2024. This exponential growth graph will be galvanized by the use of everyday technologies like smartphones sensors, data analytics and cloud storage that have facilitated research into digital health. Traditional paper-based models are being replaced by electronic data capture (EDC) solutions that are helping to curb the mounting costs of healthcare while empowering patients and citizens as well as healthcare providers in collecting and analyzing data in real time. Digital health market is also receiving considerable impetus from governments looking to bring down healthcare costs borne by the state.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/833

It has been conclusively proven that the early diagnosis of disease significantly brings down the cost of healthcare, which has been one of major factors for digital health market to attain an exceptionally fast pace. The ability to continuously track, monitor and analyze health status in real time provides improvements and possibilities in one’s understanding of health status and early disease prediction becomes possible. Such information can lead to the change in behavior of the individual which is often good enough to deter the progress of certain health issues such as obesity or diabetes. Such changes on an individual level means a much healthier population and elimination of system costs by decreasing the requirement of treatments.

In a world that is embroiled in a debate about the waste involved in health services, the benefits provided by digital health industry expansion is viewed favorably. For instance, in UK, the National Health Service has been estimated to waste nearly £2 billion each year for unnecessary or expensive treatments which is often the consequence of the late discovery of diseases. The progress of digital health can facilitate cost cutting of such unnecessary treatments.

Digital health can also facilitate two-way communication between healthcare providers and patients, decreasing the need of primary care by patients which is more often than not ignored by general citizens. On perceiving abnormalities on patient data, doctors can contact patients. Advanced patient-screening techniques can boost the effectiveness and efficiency of healthcare quality. Considering the several benefits of the progress of digital health systems, it is anticipated that digital health market will register substantial impetus over 2018-2024.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Digital Health Market Top Players – McKesson Corporation, Allscripts Healthcare Solutions Inc., Cisco Systems, Inc., Qualcomm, Philips Healthcare, eClinicalWorks LLC here

News-ID: 1362262 • Views: 332

More Releases from Global Market Insights, Inc.

Ethylene Propylene Diene Monomer Market will generate admirable revenue by 2024
Europe ethylene propylene diene monomer (EPDM) market is predicted to record significant gains over the coming timeframe. The increasing demand for EPDM across the construction sector will stimulate the UK EPDM industry trends, which is predicted to exhibit a CAGR of more than 4% over the coming years of 2016 to 2024. North America EPDM industry worth USD 600 million in 2015, will register a considerable growth over the coming years.
Healthcare PMMA Market Future Challenges and Industry Growth Outlook 2024
U.S. Healthcare PMMA Market led the industry demand for North America. It was evaluated at more than $48.1 million for 2015. Large aging population in U.S. along with strict FDA (Food and Drug Administration) rules to reduce use of harmful plastics in medical sector is predicted to favorably influence industry expansion. Europe Healthcare PMMA Market, dominated by Italy, UK, France, Spain and Germany, is anticipated to record CAGR of about 5%
Natural Gas Liquids Market Share to grow at 7% CAGR by 2025
Japan NGL market is set to exceed the consumption of 0.2 mbl/day by 2025. Growing demand for high value-added manufactured petrochemicals coupled with accelerating investments toward chemical industry will propel the industry growth. Furthermore, rapidly expanding various industrial bases including refineries, chemicals and manufacturing industries along with ongoing funding toward automotive sector will encourage the product penetration. Get sample copy of this research report @https://www.gminsights.com/request-sample/detail/3270 Reduced emissions from industries, lower electricity costs,
Oil Pipeline Infrastructure Market Share By Industry Growth, Trend and Forecast …
Global Market Insights added a new report on global Oil Pipeline Infrastructure Market to its research database. The report focuses on global major leading players with information such as company profiles, growth, product segment, technology segment, end user segment and region. The U.S. oil pipeline infrastructure market size will surpass the cumulative installation of 450,000 km in 2018. Upgradation of drilling technologies coupled with robust investment in infrastructure development will stimulate

All 5 Releases


More Releases for Digital

Digital Twin
Innovations in sciences and technological advances will drive the development of different types of sensors. The demand for sensors in industries is increasing as they offer various advantage such as low cost and low power consumption. Publisher’s market study identifies the developments in sensor technologies and communication devices to be one of the primary growth factors for the digital twin market. Also, these sensors aid in enterprise mobility, remote monitoring,
DIGITAL FANTASY SPORTS
The #1 Fantasy Sports Cryptocurrency Dedicated to the Building the Ultimate Arcade for the Fantasy Sports Industry Emerging technologies and platforms are shaping the fantasy sports industry today in ways we could have only imagined a decade ago. Players are joining the sports fantasy scene by the thousands, introducing more games and exciting the fan base worldwide. With the expansion and the magnetism of the cryptocurrency technology, players and fans are benefiting from more earnings,
Digital Currency & Cryptocurrency – A New Digital Future
Digital currency, also known as Digital money, is a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific Digital community. The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury, defined Digital currency in its guidance published in 2013. In 2014, the European Banking Authority defined Digital currency as “a digital representation of
TrendSights Analysis: Digital Consumption: Understanding digital culture
"The Report TrendSights Analysis: Digital Consumption: Understanding digital culture provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" The overall time spent consuming digital content has already surpassed all other media sources altogether (TV, radio, print), which represents a new shift in the way consumers are engaging with digital consumption. In order not to be excluded from the digital world, brands are developing
Digital trust
How the company CryptoTec is contributing to the creation of a new world Cologne, 07 March 2016 Digitalisation is spreading to more and more areas of our lives. Take photography as an example: within a decade, it underwent a complete digital transformation. And, as Telekom has announced, landlines will be phased out by 2018 as well and will be fully replaced by IP telephone services. Digitalisation and the Internet are changing
Berlin local and digital
A10 shopping centre in Berlin: Wallpaper is an attractive wall covering for the retail trade Bückeburg, 7 November 2012 - Visual attractions are a proven means of drawing customers into shops. As a result the operator of the A10 shopping centre in Berlin chose customised printable Erfurt CA wallpaper from Neschen. ECE took the decision to use wallpaper and in particular the Erfurt CA wallpaper at an early stage. "As