Digital Health Market: Growth Opportunities led by 3M Co. and Agfa Gevaert NV

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.

Technavio has announced its latest market research report titled Global Digital Health Market 2023-2027

Technavio has announced its latest market research report titled Global Digital Health Market 2023-2027

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.

  • 3M Co.

  • Agfa Gevaert NV

  • 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.

  • Samsung Electronics Co. Ltd.

Product Insights and News

  • Agfa Gevaert NV: The company offers digital health solutions such as Musica and digial readiology solutions.

  • Allscripts Healthcare Solutions Inc.: The company offers digital health solutions such as the FollowMyHealth application.

  • 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?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the digital health market between 2023 and 2027

  • Precise estimation of the size of the digital health market size and its contribution of the market in focus to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the digital health market industry across APAC, North America, Europe, Middle East and Africa, and South America

  • Thorough analysis of the market’s competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of digital health market vendors

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Related Reports:

  • Smart Healthcare Market by Solution and Geography – Forecast and Analysis 2022-2026 – The smart healthcare market share is expected to increase by USD 96.25 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.46%.

  • Healthcare Information Software Market by Deployment, Application, and Geography – Forecast and Analysis 2022-2026 – The predicted growth of the healthcare information software market share from 2021 to 2026 is USD 11.76 billion at a progressing CAGR of 7.9%.

Digital Health Market Scope

Report Coverage


Page number


Base year


Historic period


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 25.8%

Market growth 2023-2027

USD 563.59 billion

Market structure


YoY growth (%)


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

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]

Global Digital Health Market 2023-2027

Global Digital Health Market 2023-2027



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