What's driving the Digital Health Market Size? | Key Players are Qualcomm, Cerner Corporation, eClinicalWorks, EPIC Systems, McKesson, athenahealth, Cisco, AT&T

Smartphones, tablets, and other internet platforms are the epitomes of innovation in the world. Over the last five years (2013–2017), there has been an exponential increase in the use of smartphones and tablets. The innovations have greatly helped sectors such as education, transportation, business, and healthcare reach the masses. Digitization of healthcare has considerably improved the doctor–patient interaction, thereby leading to the growth of the digital health sector.

Download free report sample at: https://www.psmarketresearch.com/market-analysis/digital-health-market/report-sample

Offering an insight into the scenario, P&S Intelligence has predicted substantial growth in the global digital health market at a CAGR of 21.1% during 2018–2023. Digital health refers to the integration of information technology into healthcare services. Individuals, hospitals, and clinics are the end-users of digital healthcare solutions. Among these, individuals are expected to constitute the largest end-user base globally, progressing at a CAGR of 21.9% during the forecast period.

Telemedicine, mHealth, electronic health records (EHRs), and healthcare analytics are the various divisions of the technology segment of the domain. Of these, mhealth had the largest share, of 31.5%, in the market during the historical period, and it is expected to register 33.5% CAGR during the forecast period. Government initiatives toward the implementation of mhealth and rising awareness about its advanced applications have driven the digital health market growth to a great extent.

Browse full report at: https://www.psmarketresearch.com/market-analysis/digital-health-market

There is no doubt that technology can be exploited for negative reasons. Increased use of smartphones could lead to the loss or breach of personal data. Maintaining privacy and security of data is, thus, a major concern for digital health market players, as data loss may discourage patients from using the platform, thus affecting the sector growth. However, with increased awareness among users and adoption of advanced cloud-based systems, data breach can be controlled. These also help the sector by providing quick access to business applications, large storage for medical details, and advanced security, which are leading to their increasing adoption.

Pre-Purchase Inquiry at: https://www.psmarketresearch.com/send-enquiry?enquiry-url=digital-health-market

Some of the key players in the digital health Industry:
1- Qualcomm
2- Cerner Corporation
3- eClinicalWorks
4- EPIC Systems
5- McKesson
6- athenahealth
7- Cisco
8- AT&T

Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.