The global digital health market is expected to grow at a compound annual growth rate (CAGR) of 24% in 2026. There is anticipation that the digital health market will get to $596.56 billion in 2026 from $201.24 billion in 2021, $252.47 billion in 2022 at a CAGR of 25.5%.
Digital health is simply the use of information technology/electronic communication tools and services. In addition, it is the procedure to give and promote healthcare services technologically to improve healthcare.
The digital health market comprises the sales of digital health services by entities such as sole traders, organizations, and partnerships.
These entities are those who engage in providing digital health services for the smooth functioning of healthcare-related services. In the marketplace, only goods and services entities traded between entities or sold to final consumers are included.
Some of the key players of the digital health market include
- Allscripts Healthcare Solutions Inc.
- McKesson Corporation
- BioTelemetry Inc.
- iHealth Lab Inc
The regions covered in the global digital health market are Africa, Asia-Pacific, Eastern Europe, North America, Western Europe, South America, and the Middle East.
Digital Health Market Segmentation
By technology, this includes Health Information Technology, Mobile Health (mhealth), Telehealth and Telemedicine, and Health Analytics.
Application is in the following areas, Diabetes, Sleep Apnea, Oncology, Cardiology, and Neurology.
By End Users
Final consumers of the goods and services include Healthcare payers, Healthcare providers, and Pharmaceutical companies.
The countries in the global digital health market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt.
In addition, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand.
Also countries like Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.