Digital Health Market Sales and Revenue, Types and Applications and Research Methodology by Forecast 2024-2031 | BioTelemetry, a Philips Company, Veradigm LLC, EClinicalWorks, IHealth Labs Inc

The Global Digital Health Market reached USD 223.2 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 850.3 billion by 2031. The Global Digital Health Market is expected to exhibit a CAGR of 18.9% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Digital Health Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Digital Health market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Digital health refers to the use of technology, such as mobile health apps, wearable devices, telemedicine, electronic health records (EHRs), and artificial intelligence, to improve the delivery, management, and accessibility of healthcare services. It encompasses a wide range of tools and platforms that enable patients and healthcare providers to monitor, diagnose, treat, and manage health conditions more efficiently. Digital health aims to enhance patient outcomes, reduce healthcare costs, and promote personalized medicine by leveraging data-driven insights and real-time communication.

Key Developments:

On June 5, 2023, Olympus Corporation, a leading MedTech company, announced its acquisition of Odin Vision, a London-based cloud-AI endoscopy firm known for its suite of commercially available computer-aided detection and diagnostic solutions, along with an advanced pipeline of cloud-enabled programs. Following this acquisition, Olympus committed to enhancing people's lives by establishing a series of Digital Excellence Centers (DECs) focused on delivering more secure, healthier, and satisfying outcomes.

On February 13, 2023, HealthVerity, a leader in identity, privacy, governance, and data exchange for real-world evidence, partnered with Veradigm, a major provider of healthcare data and technology solutions. This collaboration aims to accelerate real-world research and improve care for patients with diabetes and cardiovascular disease. The partnership enables seamless interoperability between de-identified patient data from HealthVerity Marketplace, the largest healthcare and consumer data ecosystem in the U.S., and Veradigm's data derived from its cardiovascular and metabolic registries.

Forecast Growth Projected:

The Global Digital Health Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Digital Health Market:

BioTelemetry, a Philips Company, Veradigm LLC, EClinicalWorks, IHealth Labs Inc, Athenahealth Inc., AT&T, Honeywell International Inc., Cisco Systems, Inc., AdvancedMD, Inc. and McKesson Corporation

Segment Covered in the Digital Health Market:

By Component: Hardware, Software, Services

By Technology: mHealth, eHealth, Telehealthcare, Health Analytics

By End-User: Healthcare Providers, Healthcare Consumers, Others

Regional Analysis:

The global Digital Health Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Digital Health Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Digital Health Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Digital Health manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Digital Health in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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The research study aims to address the following key questions:

➡What is the expected growth rate of the Digital Health Market during the forecast period of 2031?

➡What key factors are driving the Digital Health Market across various regions?

➡Who are the leading vendors in the Digital Health industry, and what strategies contribute to their success?

➡What is the anticipated market scope for the projected period?

➡What major trends are influencing the industry's growth in the coming years?

➡What challenges does the Digital Health Market face?

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