Digital Health Market: Competitive Analysis and Global Outlook 2022-2028

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The digital health market size was valued at USD 174.2 billion in 2021 and is likely to grow at a CAGR of 18.2% during 2022-2028 to reach USD 561.52 billion in 2028.

Stratview Research published a new report on the “Digital Health Market” that offers detailed segmentation of the market based on Raw Material Type, Application Type, and Region. According to the report, the digital health market size was valued at USD 174.2 billion in 2021 and is likely to grow at a CAGR of 18.2% during 2022-2028 to reach USD 561.52 billion in 2028.

Covid Impact –

The Corona Virus Pandemic has caused significant losses in nearly every industry all over the world. The pandemic has had a rapid impact on the global economy, affecting the market's manufacturing, demand, and distribution network. The Digital Health Market has also been influenced by the unprecedented COVID-19 outbreak. The market analysts have thoroughly examined the market and gathered insightful data related to covid impact such as before and after market size, regional impact, financial losses, organic and inorganic growth factors, etc.

Key Market Players –

To build a successful business, it is essential to understand the market – both the customers and the competitors. The published report consists of list of major players active in the North America FRP Tanks Market, is featured below –

  • AdvancedMD Inc.
  • Allscripts Healthcare Solutions Inc.
  • Biotelemetry Inc.
  • iHealth Lab Inc.
  • McKesson Corporation
  • Koninklijke Philips N.V.
  • AT T
  • Cerner Corporation
  • Cisco Systems.

Report Findings

The tele-healthcare segment is projected to maintain its dominance by owning more than 36% of the market share in 2021.

The market is segmented as tele-healthcare, mHealth, health analytics, and digital health system. It is owing to the increasing geriatric population, growing prevalence of chronic diseases, improving accessibility to the internet, and absence of skilled healthcare professionals.

The market is segmented into hardware, software, and services. The services segment is expected to remain the most dominant in the market over the forecast period and owing more than 45% share in 2021 due to the growing demand for remote patient monitoring, synchronous services, and asynchronous services.

North America held the highest market share of more than 45% in 2021 and grew with a lucrative CAGR over the forecast period, owing to a well-developed healthcare infrastructure, huge healthcare expenditure, high adoption of advanced technology, and the presence of a tech-savvy population.

FAQs in the report -

The research report aims to help the users learn about their market size and potential to connect with customers. This report answers to the following questions:

  • How big are the potential Digital Health?
  • Will this market grow or shrink in the future?
  • Who are our top competitors or key players?
  • What market share do the competitors own?
  • How Covid19 has affected the market?
  • How long will it take to recover from the Covid-impact?

About us –

Stratview Research is a global market research firm that offers reliable market reports, market entry strategies, growth consulting, and even more. The market experts compile high quality market details to help users obtain granular level clarity on current business trends and expected future developments.

Stratview Research also offer customisation of the reports. Reach out to the analysts to customize the given report according to your priority/requirement.

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