Digital Healthcare Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

The global digital health market is anticipated to grow at a considerable CAGR of 16.6 % during the forecast period. The increasing adoption of smartphones and other devices is propelling the growth of the digital health market. For instance, according to the Pew Research Center, The share of Americans that own a smartphone is 85% in 2021, up from just 35% in Pew Research Center's first survey of smartphone ownership conducted in 2011. Moreover, the rise in average time spent by consumers on smartphones is another factor propelling the growth of the market over the forecast. For instance, according to the India Brand Equity Foundation, there was a 39% rise in the average time spent by an Indian user on a smartphone. As per data revealed by App Annie, India stood third (4.6 hours a day) on the list of average time spent by an average user on smartphones, with Indonesia (5.2 hours a day) and Brazil (4.8 hours a day) taking the top two spots worldwide.

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Furthermore, the increasing internet penetration is supporting the digital health market over the forecast. For instance, according to Pew Research Center, there were 89% of internet users in the US and as of 2021, 93% of American adults use the internet that is users increased by 4 %, which is directly supporting the growth of the market.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Technology

o By Component

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including AT&T, Inc., Apple, Inc., Allscripts Healthcare Solutions, Inc., Athena health Inc., eClinical Works, Google Inc., IBM Corp., Koninklijke Philips N.V., Qualcomm Technologies, Inc., Vodafone Group, and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Digital Health Market Report Segment

By Technology

Telehealthcare
mHealth
Apps
Health Analytics

By Component

Hardware
Software
Services

A full report of Digital Healthcare Market is available at: https://www.omrglobal.com/industry-reports/digital-healthcare-market

Digital Healthcare Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

AdvancedMD Inc.
AirStrip Technologies, Inc.
Athenahealth Inc.
eClinical Works
General Electric Company
Honeywell International Inc.
iHealth Lab Inc.
Google Inc.
IBM Corp.
Koninklijke Philips N.V.
Mckesson Corp.
Qualcomm Technologies, Inc.

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