Digital Health Market Scope and Competitive Analysis Forecast through 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.

Digital Health Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.

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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 digital technologies and tools to improve healthcare delivery, management, and patient outcomes. It encompasses areas such as telemedicine, wearable devices, mobile health apps, electronic health records, and artificial intelligence-driven diagnostics. By leveraging data and connectivity, digital health aims to enhance access to care, enable personalized medicine, and promote preventive healthcare practices. This transformative approach is driving innovation across the global healthcare landscape.

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

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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

Industry Development:

On June 5, 2023, Olympus Corporation, a leading MedTech company, announced its commitment to improving people's lives through enhanced security, health, and satisfaction. This followed their acquisition of Odin Vision, a London-based cloud-AI endoscopy company with a strong portfolio of commercially available computer-aided detection/diagnostic solutions and a cutting-edge pipeline of cloud-enabled programs. Olympus also revealed plans to establish a network of Digital Excellence Centers (DECs).

On February 13, 2023, HealthVerity, a leader in identity, privacy, governance, and real-world data exchange, partnered with Veradigm, a prominent provider of healthcare data and technology solutions. The collaboration aims to advance real-world research and improve patient care for individuals with diabetes and cardiovascular diseases. The partnership enables full interoperability between de-identified patient data from HealthVerity Marketplace, the nation's largest healthcare and consumer data ecosystem, and Veradigm's data from its cardiovascular and metabolic registries.

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Regional Break out:

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

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Digital Health market?

➠ Who are the global key manufacturers of the Digital Health Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Digital Health market opportunities and threats faced by the vendors in the global Digital Health Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Digital Health market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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