Digital Healthcare market is anticipated to grow at a significant CAGR of 16.6 % during the forecast period. Digital Health, including healthcare informatics, has a profound impact on the quality of care and efficiency of healthcare delivery. The improving quality, accessibility, and affordability of healthcare via digital are positively impacting the digital health market over the forecast. Furthermore, the advancement of digital health & taking steps towards digital health is another major factor propelling the growth of the market. For instance, in September 2020, the U.S. Food and Drug Administration announced the launching of the Digital Health Center of Excellence within the Center for Devices and Radiological Health (CDRH). The launch of the Digital Health Center of Excellence is an important step in furthering the agency’s overarching dedication to the advancement of digital health technology, including mobile health devices, Software as a Medical Device (SaMD), wearables when used as a medical device, and technologies used to study medical products.
The global Digital Healthcare market is segmented based on technology and component. Based on the technology, the market is augmented into telehealthcare, mHealth, apps, and health analytics. Based on the component, the market is sub-segmented into hardware, software, and services. The apps segment is expected to contribute to the growth of the market due to the increasing adoption of smartphones across the globe.
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Digital Health Market Segmentation
By Technology
- Telehealthcare
- mHealth
- Apps
- Health Analytics
By Component
- Hardware
- Software
- Services
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- AdvancedMD Inc.
- AirStrip Technologies, Inc.
- Athenahealth Inc.
- eClinical Works
- General Electric Company
- Honeywell International Inc.
- iHealth Lab Inc.
- Google Inc.
- IBM Corp.
- Koninklijke Philips N.V.
- Mckesson Corp.
- Qualcomm Technologies, Inc.
- Seimens Healthnieers AG
- Vocera Communications
- Vodafone Group
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