The Rise and Impact of Digital Health: Insights into the pace and impact of digital transformation in healthcare

Global research and advisory firm, CapitalX Partners has released a 32-page white paper, detailing, The Rise and Impact of Digital Health – a sector which is projected to evolve into a trillion-dollar global market by 2030.

This is a first in a series of five reports aimed at covering the breadth of the digital healthcare sector.

To download a free copy of the full report, visit: https://capitalxpartners.co/white-papers/the-rise-of-digital-health-part1

Report Summary:

The disruptive impact of the COVID-19 Pandemic has exposed underlying supply, efficiency and accessibility constraints that have historically plagued the healthcare sector. The resulting domino effect has forced healthcare systems across the globe to:

1. take stock of the failings within the traditional face-to-face, brick and mortar, health model; and in doing so
2. prioritize digital transformation by accelerating widespread digital health adoption by as much as five years.

This in turn has driven global digital health funding to record highs – attracting $22bn in 2020.

This support is seeding a new generation of tech-enabled healthcare services, which are laying the foundation for a digitally connected ecosystem, that will leverage big data, virtual delivery, and process automation to democratize access to healthcare.

However, the journey towards a fully transformed digital health ecosystem, will take time. At a global level, healthcare expenditure hit $8.3tn in 2020 – making it the fourth largest component of global GDP. That same year, the digital health market generated ~$200bn in revenue – equating to a sector digitalization rate of less than 3%.

The low level of digitalization within the global healthcare sector provides for immense opportunity for investors. By 2030, the global digital health market is projected to exceed a trillion dollars, indicating a market growth rate of 18% CAGR (2021 to 2030).

Key Topics Covered in the report:

The current state and pace of digital transformation in healthcare
Structural bottlenecks with the traditional healthcare model
Major hurdles to wider digital adoption
The evolutionary path to digital health
Sizing up the market opportunity: Market Size & growth forecasts to 2030
What are the major growth opportunities within digital health
Key technologies disrupting healthcare
Market Map and key players: Digital Health
Investment activity: notable listings, M&A activity, and VC funding.

Industries Covered

Healthtech, Digital Health, Healthcare, EHR, Telehealth, mHealth, Big Data, SAAS.

Companies Mentioned
Epic, Teladoc, amwell, IBM, Optum, BigHealth, Headspace, Philips.

Ends

CapitalX Partners
170 Victoria Road, Woodstock, Cape Town, 8001, Western Cape, South Africa
Chené Murphy - Public Relations Manager
E: chene@capitalxpartners.co
W: https://capitalxpartners.co/

CapitalX is a global research led strategy and advisory firm, with a specialized focus on innovation and technology.

The firm combines market research with data science to gain perspective on market opportunities and business challenges. These insights allow its clients to de-risk key decisions and execute strategic initiatives with confidence.

This release was published on openPR.