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The Global Digital Transformation in Healthcare Market Evaluated to Reap $1651.19 Billion in Revenue by 2028

10-05-2022 10:21 AM CET | Health & Medicine

Press release from: Triton Market Research

Digital transformation in healthcare market

Digital transformation in healthcare market

According to Triton's report, the global digital transformation in healthcare market, which gained $249.88 billion in 2020, is anticipated to witness growth at 27.84% of CAGR by 2028.

A recent study by Triton Market Research titled 'Global Digital Transformation in Healthcare Market' entails the Global Analysis and Forecasts by Application (Workforce Transformation, Product Transformation, Customer Transformation, Operational Transformation), Delivery Model (Cloud, On-Premise), Technology (Big Data Analytics, Telehealth, mHealth, IoMT, Robotics, AR VR, Blockchain, AI), Product & Services (Services, Product), End-user (Lifesciences, Healthcare [Provider, Homecare, Payer], Other End-users), and by Geography (Middle East and Africa, Latin America, Asia-Pacific, North America, Europe).

Request Free Sample of the Global Digital Transformation in Healthcare Market Report @ https://www.tritonmarketresearch.com/reports/digital-transformation-in-healthcare-market#request-free-sample


Triton's report estimates the global digital transformation in healthcare market to advance at a CAGR of 27.84% during the period of 2021-2028. It is further forecasted to showcase revenue worth $1651.19 billion by 2028.

Digital transformation is a process wherein manual processes are replaced by digital technologies to support efficient workflow within organizations.
In recent years, numerous companies have increased their focus on developing a real-time application for the healthcare sector. Further, the rise in smartphone adoption has increased the demand for eHealth services. Therefore, the rise in eHealth services, along with the growing patient engagement, widens the scope and growth of the digital transformation in healthcare market globally.

However, the introduction of several regulations for public healthcare and security threats pertaining to a patient's medical data impedes the growth of the digital transformation in healthcare market.

The digital transformation in healthcare market is sectioned into application, delivery model, technology, product & services, and end-user. The application section is divided into workforce transformation, product transformation, customer transformation, and operational transformation. The delivery model includes cloud and on-premise. Additionally, the technology segment is subdivided into big data analytics, telehealth, mHealth, IoMT, robotics, AR VR, blockchain, and AI. The product & services section is bifurcated into product and services. Lastly, end-user is categorized into life sciences, healthcare, and other end-users. Here, healthcare is further divided into provider, homecare, and payer.

Geographically, North America holds the largest market for the digital transformation in healthcare market and is anticipated to continue its stronghold till 2028. The region's growth is mainly owing to the rise in remote patient monitoring services. Furthermore, the presence of prominent companies has transformed the region into a technological hub. Such trends support the robust growth of the digital transformation in healthcare market within the region.

International Business Machines Corporation (IBM), Wipro Ltd, Medtronic Plc, Microsoft Corporation, Philips Healthcare, Siemens Healthineers, Alphabet Inc (Google), Apple Inc, HCL Technologies Ltd, Cognizant Technology Solutions, Tata Consultancy Services Ltd, Infosys Limited, Schneider Electric SE, and GE Healthcare are renowned enterprises in the digital transformation in healthcare market.

Purchase this Report @ https://www.tritonmarketresearch.com/reports/digital-transformation-in-healthcare-market#purchase-option

Question & Answer: Digital Transformation in Healthcare Market

Question 1: What factors widen the scope and growth of the digital transformation in healthcare market globally?

Answer: In recent years, numerous companies have increased their focus on developing a real-time application for the healthcare sector. Further, the rise in smartphone adoption has increased the demand for eHealth services. Therefore, the rise in eHealth services, along with the growing patient engagement, widens the scope and growth of the digital transformation in healthcare market globally.

Question 2: What factors impede the growth of the digital transformation in healthcare market?

Answer: The introduction of several regulations for public healthcare and security threats pertaining to a patient's medical data impedes the growth of the digital transformation in healthcare market.

Question 3: Which region holds the largest market for the digital transformation in healthcare market?

Answer: Geographically, North America holds the largest market for the digital transformation in healthcare market and is anticipated to continue its stronghold till 2028. The region's growth is mainly owing to the rise in remote patient monitoring services. Furthermore, the presence of prominent companies has transformed the region into a technological hub. Such trends support the robust growth of the digital transformation in healthcare market within the region.

Question 4: Which are the renowned enterprises in the digital transformation in healthcare market?

Answer: International Business Machines Corporation (IBM), Wipro Ltd, Medtronic Plc, Microsoft Corporation, Philips Healthcare, Siemens Healthineers, Alphabet Inc (Google), Apple Inc, HCL Technologies Ltd, Cognizant Technology Solutions, Tata Consultancy Services Ltd, Infosys Limited, Schneider Electric SE, and GE Healthcare are renowned enterprises in the digital transformation in healthcare market.

Related Report:

Global Artificial Intelligence (AI) in Healthcare Market
https://www.tritonmarketresearch.com/reports/artificial-intelligence-in-healthcare-market#report-overview

The global artificial intelligence in healthcare market is likely to display growth in its revenue during 2019-2027 at a CAGR of 40.48%.

The evolution of digital capacity includes more storage of data in the digital space. Additionally, the world of big data entails a massive amount of data, increasing the need for AI to keep track of the incoming data.

The rapid surge in robotics and positive growth of healthcare wearable technologies have opened new avenues for the considered market globally.
However, the lack of standardization of healthcare data and security issues are negatively impacting the growth of the AI in healthcare market over the forecast period.

Triton Market Research
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London E16 2EQ
Phone: +44 7441 911839
Email: sales@tritonmarketresearch.com
Website: https://www.tritonmarketresearch.com/

We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

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