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Global Digital Health Identification (ID) Wallet App Industry Outlook 2025-2029: Market Set to Cross $5.24 Billion Milestone
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Digital Health Identification (ID) Wallet App Market Size By 2025?
In recent times, the market for digital health identification (ID) wallet apps has witnessed rapid expansion. The value is set to swell from $1.88 billion in 2024 to $2.32 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 23.0%. Factors contributing to past growth include the increasing demand for convenience by consumers, an aging population, an escalating need for chronic disease management, augmented health consciousness, and a heightened preference for digital engagement.
How Big Is the Digital Health Identification (ID) Wallet App Market Size Expected to Grow by 2029?
In the coming years, the market size for digital health identification (ID) wallet apps is projected to expand significantly, reaching a value of $5.25 billion in 2029, with a compound annual growth rate (CAGR) of 22.7%. This growth anticipated in the projected period is due primarily to the heightened demand for personalized health suggestions, increased trust in the security and dependability of digital health tools, the effect of social media, improved access to digital health platforms in urban areas, and the widespread use of mobile devices. The forecast period is also expected to witness some key trends such as the incorporation of AI and ML, progress in blockchain technology, compatibility with wearable health gadgets, advancement in cloud computing, and the advancement of biometric verification.
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Which Key Market Drivers Powering Digital Health Identification (ID) Wallet App Market Expansion and Growth?
The expected surge in the numbers of mobile devices is anticipated to fuel the expansion of the digital health identification (ID) wallet app market. These mobile devices, which are portable electronic tools, provide users with computing, communication, and internet services anytime and anywhere. The rapid increase in internet accessibility is leading to the surge in usage of mobile devices, keeping people continually connected and allowing them access to digital services whenever and wherever required. This growing usage of mobile devices necessitates digital health identification (ID) wallet apps, as these apps offer secure storage and access to users' health records at all times, offering speed and convenience during healthcare incidents. As an example, in February 2023, Uswitch Limited, a UK-based online and over-the-phone comparison and switching service supplier, remarked that 71.8 million mobile connections were operative in 2022, marking a 3.8% increase from 2021. By 2025, the UK will have a population of 68.3 million, with 95% of these individuals possessing smartphones. As a result, the rapid increase in mobile device usage is propelling the digital health identification (ID) wallet application market's growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Digital Health Identification (ID) Wallet App Market?
Leading firms in the digital health identification (ID) wallet app market are prioritizing the creation of sophisticated solutions such as mobile health cards. These cards aim to streamline the exchange of health details with healthcare providers. They represent digital instruments hosted on mobile devices, holding essential health data like medical records and immunization status, thereby ensuring ease of access and distribution as necessary. For illustration, the Alberta provincial government in Canada launched the digital Alberta Wallet in August 2025. Citizens of Alberta can now store government-issued documents on their own mobile devices via the Alberta Wallet. The foremost product is a mobile health card, offering a faster and more user-friendly means of accessing healthcare services. This card hosts the individual's name, date of birth, and personal health identifier, accessible via a QR code scan at healthcare establishments. The card will be accepted at all healthcare facilities, and those lacking scanning technology can check the digital data manually.
What Are the Emerging Segments in the Digital Health Identification (ID) Wallet App Market?
The digital health identification (ID) wallet app market covered in this report is segmented as
1) By Component: Software, Services
2) By Deployment Mode: On-Premises, Cloud-Based
3) By Application: Patient Identification, Health Records Management, Insurance Verification, e-Prescriptions, Other Applications
4) By End-User: Hospitals And Clinics, Insurance Providers, Patients, Government Agencies, Other End-Users
Subsegments:
1) By Software: Identity Verification Module, Electronic Health Records (EHR) Management, Insurance And Claims Management, Prescription Management, Analytics And Reporting Tools, Security And Compliance Tools
2) By Services: Implementation And Integration Services, Consulting And Advisory, Support And Maintenance, Training And Capacity Building, Custom Development Services
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Who Are the Global Leaders in the Digital Health Identification (ID) Wallet App Market?
Major companies operating in the digital health identification (ID) wallet app market are Apple Inc., Google LLC, Microsoft Corporation, Amazon Web Services Inc., Oracle Corp., Salesforce Inc., Evernorth Health Inc., Epic Systems Corp., athenahealth Inc., InterSystems Corp., eClinicalWorks LLC, NextGen Healthcare Information Systems Inc., Veradigm LLC, PointClickCare, 1upHealth, PicnicHealth, Health Gorilla Inc., Spruce Health Inc., Dock Health Inc., ProCredEx, and MyID.
Which are the Top Profitable Regional Markets for the Digital Health Identification (ID) Wallet App Industry?
North America was the largest region in the digital health identification (ID) wallet app market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in digital health identification (ID) wallet app report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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