DUBLIN--(BUSINESS WIRE)--The "Digital Health Market by Technology - Global Market Size, Share, Development, Growth and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
Global digital health market is expected to attain a size of $223.7 billion by 2023, the market is mainly driven by the increasing penetration of smart phones and tablet users, growing need for remote patient monitoring services, and increasing demand for advanced healthcare information systems.
On the basis of technology, the digital health market has been categorized into mHealth, electronic health record (EHR), telemedicine, and healthcare analytics. Amongst all, the mHealth market is expected to witness fastest growth during the forecast period, attributed to the increasing number of health awareness programs.
For instance, according to a research study conducted by F. Hoffmann-La Roche AG and Daman - U.A.E's National Health Insurance Company, there were 325,000 health apps available in 2017, and approximately 3.6 billion apps were downloaded by the users in the same year across the world.
Further, the mHealth market is sub-categorized into connected devices, mHealth apps, and services. Among the varied mHealth product and services, the connected devices category dominated the global mHealth market during the historical period, with a contribution of 57.2% in 2017; whereas, mHealth apps is expected to be the fastest growing category in this market, witnessing a CAGR of 38.9% during the forecast period.
Market Dynamics
Trends
- Increasing number of partnerships and agreements
- Rising number of acquisitions
- Advanced applications of cloud computing in digital health
Drivers
- Increasing penetration of smart phone and tablet users
- Growing need for remote patient monitoring services
- Innovative and advanced applications of mHealth technologies
- Government support for digital health solutions
- Increasing demand for advanced healthcare information systems
- Impact analysis of drivers on market forecast
Restraints
- High capital expenditure and maintenance requirement
- Inadequate healthcare infrastructure in developing countries
- Privacy and security concerns
- Impact analysis of restraints on market forecast
Opportunities
- Increasing popularity of patient-centric EHR systems
- Emerging markets offering lucrative opportunities
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size And Forecast
Chapter 6. North America Market Size And Forecast
Chapter 7. Europe Market Size And Forecast
Chapter 8. APAC Market Size And Forecast
Chapter 9. LATAM Market Size And Forecast
Chapter 10. MEA Market Size And Forecast
Chapter 11. Competitive Landscape
Chapter 12. Company Profiles
- Qualcomm Incorporated
- Cerner Corporation
- eClinicalWorks LLC
- Epic Systems Corporation
- Allscripts Healthcare Solutions Inc.
- McKesson Corporation
- athenahealth Inc.
- General Electric Company
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AT&T Inc
For more information about this report visit https://www.researchandmarkets.com/research/32gq98/223_billion?w=4
