Digital health is the use of IT and genomic technologies in the healthcare industry to increase the efficiency of healthcare delivery and to make medicines more personalized and precise for better treatments.
Scope of the Report:This report studies the Digital Health market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Digital Health market by product type and applications/end industries.
The increase in strategic mergers and acquisition activities among the manufacturers is resulting in an increased profit margin of service providers by supporting the development of efficient products. For instance, GENERAL ELECTRIC acquired Monica Healthcare and expanded its digital matemal-infant care offerings. It has been observed that the increase in such M&A activities and technological innovations is positively influencing the need forÊhealthcareÊtechnology and digital health and wellness. This market research report identifies that the increase in the number of M&A activities in the market will be one of the primary growth drivers for the global digital health market.
The application of AI in digitalÊhealthÊis identified as one of the key trends that will gain traction in the digital health market during the predicted period. Medical professionals are increasingly using AI as it helps them to get more efficient diagnosis chart, informed insights, and quick results. AI offers better care with increased efficiency and serves as a clinical decision-support tool. AI algorithms prevent diagnostic errors and quicken the clinical workflow.
The global Digital Health market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Digital Health.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Cerner
GENERAL ELECTRIC
IBM
Koninklijke Philips
Siemens
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Hospital information system (HIS)
Clinical information system (CIS)
Other GP or specialty systems
Integrated health information exchange networks (HIE/EHR)
Telemedicine
Secondary-usage non-clinical systems (care analytics, public health and research)
Market Segment by Applications, can be divided into Wireless health
Mobile health
HER
Telehealth
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
