NEW YORK , Nov. 29, 2022 /PRNewswire/ — The digital health market size is estimated to grow by USD 563.59 billion during 2021-2026, at a CAGR of 25.8%. The growth of the market will be driven by the increase in the number of M&A activities. Furthermore, the use of AI in digital health is expected to boost market growth.
The report extensively covers the digital health market segmentation by application (wireless health, mobile health, EHR, and telehealth), component (software, services, and hardware), and geography (North America, Europe, Asia, and Rest of World (ROW)). Request A Free Sample Report
Digital health Market – Vendors
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
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3M Co.
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Agfa Gevaert NV
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Allscripts Healthcare Solutions Inc.
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Alphabet Inc.
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Apple Inc.
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Cisco Systems Inc.
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Computer Programs and Systems Inc.
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Epic Systems Corp.
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Honeywell International Inc.
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International Business Machines Corp.
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Koninklijke Philips NV
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McKesson Corp.
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Oracle Corp.
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Qualcomm Inc.
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Samsung Electronics Co. Ltd.
Product Insights and News
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Agfa Gevaert NV: The company offers digital health solutions such as Musica and digial readiology solutions.
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Allscripts Healthcare Solutions Inc.: The company offers digital health solutions such as the FollowMyHealth application.
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Apple Inc.: The company offers digital health solutions such as health applications for clinical care, nursing care, patient experience, home care, and medical research.
For detailed insights about product offerings and the growth strategies adopted by vendors, buy the report.
Digital Health Market – Geographical Landscape
North America is estimated to account for 43% of the market’s growth during the forecast period. The presence of a well-established healthcare infrastructure and the awareness of technological advances in the healthcare industry are driving the growth of the regional market. The increasing number of government initiatives for the expansion of Medicare services is also contributing to the growth of the digital health market in North America.
Digital Health Market – Market Segmentation
The wireless health segment is estimated to contribute significantly to the global market’s growth during the forecast period. The segment involves the use of wireless technologies in traditional medical activities such as the diagnosis and treatment of illnesses. The increasing adoption of wireless technologies such as 4G, Bluetooth low energy (BLE), and BodyLAN in various healthcare applications is driving the growth of the segment. – Download a free sample report
What are the key data covered in this digital health market report?
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CAGR of the market during the forecast period
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Detailed information on factors that will drive the growth of the digital health market between 2023 and 2027
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Precise estimation of the size of the digital health market size and its contribution of the market in focus to the parent market
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Accurate predictions about upcoming trends and changes in consumer behavior
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Growth of the digital health market industry across APAC, North America, Europe, Middle East and Africa, and South America
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Thorough analysis of the market’s competitive landscape and detailed information about vendors
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Comprehensive analysis of factors that will challenge the growth of digital health market vendors
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Digital Health Market Scope |
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Report Coverage |
Details |
Page number |
170 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 25.8% |
Market growth 2023-2027 |
USD 563.59 billion |
Market structure |
Fragmented |
YoY growth (%) |
25.04 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 43% |
Key countries |
US, China, UK, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
3M Co., Agfa Gevaert NV, AirStrip Technologies Inc., Allscripts Healthcare Solutions Inc., Alphabet Inc., Apple Inc., Cisco Systems Inc., Computer Programs and Systems Inc., Epic Systems Corp., Honeywell International Inc., International Business Machines Corp., Koninklijke Philips NV, McKesson Corp., Oracle Corp., Qualcomm Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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