Digital Transformation In Healthcare Market Report, Size, Share Report 2024-2033

The new report published by The Business Research Company, titled Digital Transformation In Healthcare Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the digital transformation in healthcare market size has grown rapidly in recent years. It will grow from $67.88 billion in 2023 to $81.02 billion in 2024 at a compound annual growth rate (CAGR) of 19.4%. The digital transformation in healthcare market size is expected to see rapid growth in the next few years. It will grow to $166.33 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%.

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Driving Factors Behind The Growth Of Digital Transformation In Healthcare
The increasing adoption of electronic health records (EHRs) is expected to propel the growth of digital transformation in the healthcare market going forward. Electronic health records (EHRs) are digital versions of patients' paper charts that provide real-time, patient-centered records accessible instantly and securely to authorized users. The adoption of electronic health records (EHRs) is due to better patient care, incentives and regulations, increased data sharing, patient involvement, data analytics, and population health management. Digital transformation in healthcare significantly enhances electronic health records (EHRs) by integrating advanced technologies and improving system functionality, ensuring seamless data sharing and coordinated patient care across different healthcare providers. For instance, in 2021, according to the National Coordinator for Health Information Technology, a US-based government agency, the adoption of certified electronic health records, or EHRs, has increased significantly from 28% of hospitals and 34% of physicians ten years ago to 78% of office-based physicians and 96% of non-federal acute care hospitals in 2021. Therefore, the increasing adoption of electronic health records is driving the growth of the digital transformation in the healthcare market.

Innovative Technologies Driving Digital Transformation In Healthcare Market
Major companies operating in the digital transformation in the healthcare market are focusing on developing innovative technologies, such as digitalization solutions, to strengthen their position in the market. Digitalization solutions refer to technologies, strategies, and services that transform traditional analog or manual processes into digital formats, enabling organizations to streamline operations, improve efficiency, and enhance productivity. For instance, in February 2024, Huawei Technologies Co. Ltd., a China-based information and communications technology corporation, launched its Medical Technology Digitalization Solution to streamline various healthcare processes. This innovative solution integrates cutting-edge technologies to revolutionize medical practices, offering several unique features. It leverages artificial intelligence (AI) and machine learning algorithms to enhance medical imaging analysis, enabling faster and more accurate diagnosis of conditions such as cancer and cardiovascular diseases. The solution incorporates Internet of Things (IoT) devices and sensors to enable real-time patient monitoring and remote healthcare delivery, improving accessibility and patient outcomes.

The digital transformation in healthcare market covered in this report is segmented -

1) By Solution: Software, Service
2) By Organization Size: Small And Medium Size Enterprises, Large Enterprises
3) By Technology: Artificial Intelligence, Cloud Computing, Big Data And Analytics, Internet of Things, Cybersecurity
4) By End User: Hospitals And Clinics, Pharma Companies, Life Science And Biotech Companies, Healthcare Insurance Providers

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Major companies operating in the digital transformation in healthcare market are Roche Diagnostics, Midea Group, Medtronic plc, ABB Ltd. , Siemens Healthineers, Philips Healthcare, Stryker Corporation, GE Healthcare, Boston Scientific, Omron Corporation, Intuitive Surgical Inc., KUKA AG, Omnicell Inc., Allscripts Healthcare Solutions, InTouch Health, Kinova Robotics, Blue Ocean Robotics ApS, Vecna Robotics, Stereotaxis Inc., Aethon Inc., Intuition Robotics, Ateago Technology, VGo Communications Inc., ReWalk Robotics Ltd., Futronics Corporation

Contents of the report:
1. Executive Summary
2. Digital Transformation In Healthcare Market Report Structure
3. Digital Transformation In Healthcare Market Trends And Strategies
4. Digital Transformation In Healthcare Market - Macro Economic Scenario
5. Digital Transformation In Healthcare Market Size And Growth
…..
27. Digital Transformation In Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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