Digital Health Market to reach USD 701.78 Bn by 2029, emerging at a CAGR of 14 percent and forecast (2022-2029)

Digital Health Market Report Scope and Research Methodology

The report presents a comprehensive analysis of the digital health market using a robust research methodology. It covers market trends, challenges, and regional insights, providing a clear understanding of the industry. The report includes data from 2017 to 2021 and provides market forecast until 2029. Porter's Five Forces analysis, PESTEL analysis, and the impact of micro-economic factors are presented to offer a comprehensive view of the industry.

The objective of the report is to present stakeholders in the industry with a detailed analysis of the digital health market, including market size, trends, and key players. The report serves as an investor's guide by offering a clear representation of competitive analysis, product portfolios, growth strategies, and regional presence of key market players.

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What are Digital Health Market Dynamics?

The market growth of digital health is primarily driven by an increasing demand for remote monitoring services, the rise in chronic diseases, and advancements in technology. The report emphasizes the importance of improving IT infrastructure and the growing demand for remote patient monitoring services, which are expected to propel market growth throughout the forecast period. However, the market faces challenges such as the risk of data breaches and unauthorized access to IT systems, which may hinder its growth. On a positive note, increasing funding and venture capital from healthcare providers to new startups are expected to drive market growth in the coming years.

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What is Digital Health Market Segmentation?

By Component
• Hardware
• Software
• Services

By Categories
• Telemedicine
• Data Analytics
• mHealth apps
• Clinical decision support
• Wearable Sensors
• Others

By End User
• Healthcare Providers
• Payers
• Healthcare Consumers
• Others

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Who are Digital Health Market Key Players?

• Allscripts Healthcare Solution, Inc.
• Cerner Corporation
• Cisco systems
• eCLINICALWORKS
• General Electric Company
• Koninklijke Philips N.V
• Honeywell International Inc.
• Mckesson Corporation
• Siemans Healthcare AG
• Qualcomm technologies, Inc.
• Samsung Electronics Co., Ltd.
• HiMS
• Orange
• Qualcomm Technologies, Inc.
• Softserve
• MQure
• Computer Programs and Systems, Inc.
• Vocera Communications
• IBM Corporation

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Table of content for the Digital Health Market includes:

1. Global Digital Health Market: Research Methodology

2. Global Digital Health Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Digital Health Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global Digital Health Market Segmentation

• Global Market, by Component (2021-2029)
• Global Market, by Categories (2021-2029)
• Global Market, by End User (2021-2029)

5. Regional Digital Health Market (2021-2029)

• Regional Market, by Component (2021-2029)
• Regional Market, by Categories (2021-2029)
• Regional Market, by End User (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

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Regional Insights:

North America emerged as the largest market for digital health in 2021, capturing a 28% share. The region's growth is attributed to increased usage of mHealth apps, a rising number of chronic diseases, and the presence of major key players. North America is projected to grow at a CAGR of 6% during the forecast period, driven by the implementation of electronic health records and government initiatives supporting digital health technologies.

The Asia Pacific region is expected to witness significant growth, with a projected CAGR of 17%. Factors such as the rise in the geriatric population, increased demand for remote monitoring devices, and a surge in smartphone and internet users contribute to the market growth in this region.

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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