Digital Hospital Market Size is expected to reach over USD 2154.68 billion by 2032, & Analysis-Agfa-Gevaert, Cerner Corporation, Allscripts Healthcare, McKesson, Philips Healthcare, GE Healthcare, Siemens Healthineers, Epic Systems, Truven Health Analytic

the global digital health market was valued at USD 310.60 billion in 2021 and is expected to reach over USD 2154.68 billion by 2032, growing at a CAGR 21.2% during the forecast period 2022 to 2032.

Increasing penetration of smartphones along with numerous smartphone applications related to health and fitness across the globe expected to be a key factor that drives the market growth.
Digital Hospital Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast.

Latest launched research on Global Digital Hospital Market, it provides detailed analysis with presentable graphs, charts and tables. This report covers an in depth study of the Digital Hospital Market size, growth, and share, trends, consumption, segments, application and Forecast 2030. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Digital Hospital Market. This report has been prepared by experienced and knowledgeable market analysts and researchers. Each section of the research study is specially prepared to explore key aspects of the global Digital Hospital Market. Buyers of the report will have access to accurate PESTLE, SWOT and other types of analysis on the global Digital Hospital market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

Major Key players profiled in the report include:
Agfa-Gevaert, Cerner Corporation, Allscripts Healthcare, McKesson, Philips Healthcare, GE Healthcare, Siemens Healthineers, Epic Systems, Truven Health Analytics, Alphabet, Qualcomm

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Furthermore, venture capital funding in digital health consisting of both corporate venture capital and private equity had already reached to $14.8 billion in 2020 as compared to $8.9 billion in 2019, showing a total rise of 66%, which is a remarkable funding activity in digital health in a year time. This is primarily driven by the impact of COVID 19 pandemic that has mainstreamed the consumer based digital health technologies in a year time.

The different components of digital health are:

1.1.1 Big data

Large and/or complex data sets that typical data processing models can't handle. Patterns, trends, and relationships related to health in relation to human behavior and interactions can be revealed through computer analysis and predictive analytics. Data acquisition, analysis, curation, sharing, storage, transport, visualization, updating, and information privacy are all issues that Big Data presents.

1.1.2 Cloud computing

Outsourcing IT activities to one or more third parties with large pools of resources to satisfy the needs of the organization quickly and efficiently. Instead of owning and administering their own IT software, hardware, and general infrastructure, cloud computing users are charged for their use of third-party infrastructure.

1.1.3 Connected health

A model of health and care delivery in which the equipment, services, and interventions employed are tailored to the patient's unique needs, and their health data is used to inform and share care most proactively and efficiently possible.

1.1.4 eHealth

When it was first coined, the term "eHealth" referred to the use of electronic processes and information technology (ICT) throughout the entire range of functions influencing health and care. Currently, eHealth refers to the discipline of medical informatics, which uses the internet and related technologies to organize and distribute health services and information.

1.1.5 ePatients

Patients who are completely engaged in their health and care are referred to as ePatients. They know everything there is to know about their health and health care. They may be involved in their health and care, as well as the health and care of people they care for. In contrast to eHealth, the letter 'e' can stand for electronic, equipped, empowered, engaged, equal, and other words.

1.1.6 Gamification

The application of game design features and principles to non-game situations. User engagement, simplicity of use, productivity, recruiting, and assessment all benefit from it. Its primary usage in health and wellbeing has been to motivate consumers to exercise more and adopt lifestyle changes that will improve their overall health. The use of gamification in health and fitness apps has become commonplace.

Segmental Analysis:
The report has classified the global Digital Hospital market into segments including product type and application. Every segment is evaluated based on share and growth rate. Besides, the analysts have studied the potential regions that may prove rewarding for the Digital Hospital manufcaturers in the coming years. The regional analysis includes reliable predictions on value and volume, there by helping market players to gain deep insights into the overall Digital Hospital industry.

Market split by Type, can be divided into:
Mobile Health, Healthcare Information Technology, Wearable Devices, Telehealth and Telemedicine, Personalized Medicine.

Market split by Application, can be divided into:
Medical Care, Personal Health Tracking, Others

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The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Digital Hospital market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Digital Hospital industry to help players plan effective expansion strategies.

Regions Covered in the Global Digital Hospital Market:
• North America (U.S., Canada)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia)
• Latin America (Brazil, Mexico)
• Middle East & Africa (Kuwait, Saudi Arabia Egypt)

Years Considered to Estimate the Market Size:
History Year: 2019-2020
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2022-2030

What market dynamics does this report cover?
The report shares key insights on:

Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape
It helps companies make strategic decisions

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