Press release
Digital Health Market to be Worth $1,338.52 Billion by 2031 | Meticulous Research®
Meticulous Research®, a prominent global market research firm, recently published an in-depth report titled, "Digital Health Market Size, Share, Forecast, & Trends Analysis by Component (Hardware, Services, Software), Technology (Telehealth, mHealth [Apps, Monitoring Devices], DTx), Application (Cardiovascular, Primary Care, Respiratory) - Global Forecast to 2031." This report reveals that the digital health market is poised to experience substantial growth, with projections indicating it will reach $1,338.52 billion by 2031, registering a robust compound annual growth rate (CAGR) of 20.4% during the forecast period of 2024 to 2031.Browse in depth: https://www.meticulousresearch.com/product/digital-health-market-5898
Market Growth Drivers
The significant expansion of the digital health market can be attributed to several key factors. Firstly, the widespread access to smartphones and the internet in developing economies has facilitated the adoption of digital health technologies. Additionally, there is a growing trend toward the use of fitness applications and mHealth solutions, which include digital therapeutics and wearable medical devices. These developments are being further supported by an increasing emphasis on preventive healthcare.
Moreover, the ongoing focus on the development of advanced medical technologies, coupled with a shift towards intelligent health ecosystems, is creating new growth opportunities for companies operating in the digital health market. The rising adoption of remote patient monitoring and home healthcare solutions is also contributing to the market's expansion, as these technologies enable healthcare providers to offer efficient and cost-effective care to patients.
Key Market Players
Several major players are shaping the landscape of the digital health market. These include ResMed Inc. (U.S.), Teladoc Health, Inc. (U.S.), Noom, Inc. (U.S.), Aerotel Medical Systems Ltd. (Israel), Cerner Corporation (U.S.)-a subsidiary of Oracle Corporation-Medtronic plc (U.K.), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers AG (Germany), Cisco Systems, Inc. (U.S.), Johnson & Johnson (U.S.), Allscripts Healthcare, LLC (U.S.), Omron Healthcare Inc. (Japan), GE Healthcare (U.S.), Abbott Laboratories (U.S.), International Business Machines Corporation (U.S.), and Samsung Electronics Co., Ltd. (South Korea). These companies are actively engaged in expanding their product portfolios and enhancing their market presence through strategic initiatives.
Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5898
Market Segmentation and Analysis
The digital health market is segmented based on components, technology, applications, and end users. In terms of components, the market is divided into hardware, software, and services. Notably, the services segment is anticipated to dominate the market in 2024, accounting for 63.5% of the total market share. This dominance is driven by the high adoption of telehealth services, the availability of subscription-based telehealth services, and the increasing use of telemonitoring services, particularly for geriatric individuals. Telemonitoring allows for the remote monitoring of patients using digital devices and software, making it a valuable tool for managing the health of older adults and those with chronic conditions.
From a technological perspective, the market is categorized into telehealth, mHealth, digital therapeutics, and digital health systems. Among these, the digital therapeutics segment is expected to grow at the highest CAGR of 31.5% during the forecast period. The rising prevalence of chronic diseases, increasing focus on preventive healthcare, and growing access to digital technologies in developing regions are some of the factors driving this segment's growth. Additionally, market players are investing in the development of innovative digital therapeutic solutions, further fueling the segment's expansion. For instance, in January 2023, Teladoc Health Inc. launched a digital application that offers comprehensive, individualized care, integrating primary care, mental health, and chronic condition management under a single platform.
In terms of applications, the digital health market is divided into telehealth applications, mHealth applications, digital therapeutics applications, and digital health system applications. The telehealth applications segment is expected to hold the largest share of the market in 2024, driven by the widespread adoption of telehealth services, particularly in the fields of psychiatry, primary care, and chronic disease management. The COVID-19 pandemic has accelerated the adoption of telehealth, making it a vital tool for healthcare delivery.
End Users and Regional Insights
The market is also segmented based on end users, including providers, individual consumers, employers, payers, and other stakeholders. In 2024, the payers segment is projected to capture the largest market share. Payers, including insurance companies and government agencies, are increasingly leveraging digital health technologies to improve patient outcomes while reducing costs. These technologies enable remote monitoring, preventive care, and enhanced data analytics, all of which contribute to more efficient and effective healthcare delivery.
Geographically, the digital health market is analyzed across major regions, including North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East & Africa. North America is expected to account for the largest market share in 2024, driven by advanced healthcare infrastructure, high adoption of digital health technologies, and strong regulatory support. However, the APAC region is anticipated to witness the highest CAGR during the forecast period, fueled by increasing digitalization, rising demand for quality healthcare, and growing access to smartphones and the internet in countries like India and China.
Buy Now : https://www.meticulousresearch.com/Checkout/98179301
Key Questions Answered in the Report:
What is the revenue generated from the sales of digital health hardware, software, and services across the globe?
At what rate is the demand for digital health technologies projected to grow over the next 5-7 years?
What is the historical market size and growth rate of the digital health market across the globe?
What are the major factors impacting the growth of this market at the global and regional levels?
What are the major opportunities for existing market players and new entrants in the market?
Which segments are creating major traction for the vendors in this market in terms of component, technology, application, and end user?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the digital health market?
Who are the major players in the digital health market, and what are their offerings in the industry?
What are the recent key developments in the digital health market, and what are the impacts of these strategic developments?
Related Report
Big Data Analytics in Healthcare Market : https://www.meticulousresearch.com/product/big-data-analytics-in-healthcare-market-5669
European Quality Management In Healthcare Market : https://www.meticulousresearch.com/product/european-healthcare-quality-management-market-4667
IoT in Healthcare Market : https://www.meticulousresearch.com/product/iot-in-healthcare-market-4945
Trending Articles
5G in Healthcare Market: https://www.linkedin.com/pulse/5g-healthcare-market-growth-future-trends-ramesh-shitole-o24bf/
Healthcare Cloud Computing Market
: https://www.linkedin.com/pulse/driving-innovation-healthcare-cloud-computing-market-hit-shitole-olaqf/
Lab Automation Market : https://www.linkedin.com/pulse/lab-automation-market-size-share-forecast-trends-research-shitole-i47wf/
About Us
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Health Market to be Worth $1,338.52 Billion by 2031 | Meticulous Research® here
News-ID: 3642318 • Views: …
More Releases from Meticulous Research®

RWE Solutions Market to Reach $6.37 Billion by 2031, Growing at 11.7% CAGR
Meticulous Research®-a leading global market research company, published a research report titled,'Real-world Evidence Solutions Market Size, Share, Forecast, & Trends Analysis by Component (Datasets [Clinical, Claims, Pharmacy], Services) Application (Market Access, Drug Development & Approvals, PMS) End User - Global Forecast to 2031'.
The global RWE solutions market was valued at $2.62 billion in 2023. This market is expected to reach $6.37 billion by 2031 from an estimated $2.94 billion in…

Global Corrugated Packaging Market to Hit $206.3 Billion by 2032, Growing at 4.4 …
Meticulous Research®-a leading global market research company, published a research report titled, 'Corrugated Packaging Market by Type (Single Wall, Double Wall, Triple Wall), Packaging Type (Slotted, Telescope, Fold Type & Tray), End Use Industry (Food & Beverages, Consumer Products, Pharmaceutical), and Geography - Global Forecast to 2032.'
According to this latest publication from Meticulous Research®, the global corrugated packaging market is projected to reach $206.3 billion by 2032, at a CAGR…

Regenerative Agriculture Market - Global Opportunity Analysis and Industry Forec …
As the global agricultural sector faces mounting pressure from climate change, soil degradation, and biodiversity loss, regenerative agriculture is emerging as a transformative solution. Unlike conventional farming, regenerative agriculture goes beyond sustainability-it aims to restore ecosystems, improve soil health, and increase biodiversity while also providing economic resilience to farmers. From multinational agribusinesses to smallholder farms, stakeholders are turning to regenerative practices to future-proof food systems.
According to industry estimates, the global…

Organic Farming Market - Global Opportunity Analysis and Industry Forecast (2025 …
Organic farming is no longer just a trend-it's becoming a critical part of the global food production system. With growing concerns about food safety, environmental degradation, and the health impact of chemical-based agriculture, consumers and producers alike are shifting toward sustainable, organic alternatives. As this movement gains momentum, the organic farming market is poised for significant growth over the coming years.
Market Overview
The global organic farming market was valued at approximately…
More Releases for Health
Health Coach Market Positioned for Accelerated Growth with Iora Health, Virta He …
Global health coach market is estimated to be valued at USD 18.83 Bn in 2025 and is expected to reach USD 30.65 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032.
Latest Report on the Health Coach Market 2025-2032, focuses on a comprehensive analysis of the current and future prospects of the Health Coach Market industry. An in-depth analysis of historical trends, future trends,…
Digital Therapeutics Market Research 2025 Leading Key Players - Proteus Digital …
An exclusive Digital Therapeutics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Therapeutics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report…
Digital Therapeutics Market Outlook 2025 : Proteus Digital Health, Omada Health, …
ReportsWeb.com has announced the addition of the “Global Digital Therapeutics Market Size, Status and Forecast 2025” The report focuses on major leading players with information such as company profiles, product picture and specification.
This report studies the global Digital Therapeutics market, analyzes and researches the Digital Therapeutics development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
This report focuses on the top players in global market,…
Digital Therapeutics Market Outlook to 2025 - Propeller Health, CANARY HEALTH, N …
The global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and…
Digital Therapeutics Market Analysis 2018 | Growth by Top Companies: Proteus Dig …
Global Digital Therapeutics Market to 2025
This report "Digital Therapeutics Market Analysis to 2025" provides an in-depth insight of medical device industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and…
Digital Therapeutics Market Global Outlook to 2025 - Proteus Digital Health, Wel …
“Digital Therapeutics Market" covers a detailed research on the industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc.
The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing…