The
global digital
health market was valued at $55,332.5 million in 2014,
and it is expected to grow with a CAGR of 21.4% during 2015 - 2020. The global digital
health market is growing due to
increasing demand for advanced healthcare information system, and growing
investments by HIT players. In addition, the growing need for remote patient
monitoring services, increasing demand of mHealth technologies, and increasing support
from government organizations are also driving growth of the global market.
On
the basis of technology, the digitized health system segment is expected to be
the largest market; while the mHealth segment would witness the fastest growth during
the forecast period, with a CAGR of 37.1%.
Explore Report Description with
Detailed TOC at: https://www.psmarketresearch.com/market-analysis/digital-health-market
The
information and data in the publication “Global
Digital Health Market Size, Share, Development, Growth and Demand Forecast to
2020 – Industry Insights by Technology (Digitized Health Systems, Telemedicine
(Specialty and Services), Mobile Health (Health-Related Mobile Apps, and
Health-Related Wearable Devices), Data Analytics, and Others)” represent the
research and analysis of data from various primary and secondary sources. The top-down
approach has been used to calculate the global market size by technology. The
market numbers for countries are obtained through top-down approach. P&S
Market Research analysts and consultants interacted with the authorities from leading
companies of the concerned domain, to substantiate every value of data
presented in this report. The company bases its primary research on discussions
with prominent professionals and analysts in the industry, which is followed by
informed and detailed, online and offline research.
The increasing demand for advanced healthcare
information system, and growing investments by HIT players are
playing a pivotal role in the growth of the market. Digital
health technologies, such as EHR, telemedicine, and mHealth helps in compiling
services related to diagnosis, treatment, care, and rehabilitation. They
improve communication between patients and healthcare providers, in order to
reduce medication errors, and provide better coordinated care.
However,
privacy
and security issues, high capital expenditure and maintenance requirement, and
inadequate healthcare infrastructure in developing economies act as hindrance
in growth of the global market of digital health. The growing number of collaboration and partnerships is
one of the latest trends observed in this market.
Geographically, North America dominated the
global market of digital health, among all the regions in 2014; whereas, the Asian
market is expected to witness the fastest growth, a CAGR of 27.2%, during the
forecast period.
The
key companies operating in the global digital health market include AT&T
Inc., Cerner Corporation, Cisco Systems Inc., General Electric Company, McKesson
Corporation, Koninklijke Philips N.V., Qualcomm Incorporated, eClinicalWorks, Allscripts
Healthcare Solutions Inc., athenahealth Inc., Healthland, and Epic Systems
Corporation.
DIGITAL HEALTH MARKET
SEGMENTATION
Ø
Digitized Health Systems
Ø
Telemedicine
o
By Specialty
§
Dermatology
§
Gynecology
§
Cardiology
§
Neurology
§
Orthopedics
§
Others
o
By Service
§
Tele-Consultation
§
Tele-Monitoring
§
Tele-Education
§
Tele-Training
§
Others
Ø
mHealth
o
By Specialty
§
Health-Related Mobile Applications
§
Health-Related Wearable Devices
Ø
Health Analytics
Ø
North America
o
The U.S.
o
Canada
o
Rest of North America
Ø
Europe
o
Germany
o
The U.K.
o
Rest of Europe
Ø
Asia
o
China
o
Japan
o
Rest of Asia
Ø
Rest of the World (RoW)
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