Digital Health Market Research Report

The GMI Research forecasts that the digital health market is witnessing an upsurge in demand during the forecast period. This is mainly due to the rising adoption of digital healthcare and mobile health application, followed by the growing integration of advanced technologies such as artificial intelligence (AI), and the Internet of Things (IoT).

Introduction of the Digital Health Market:

Digital health is the combination of digital technologies combined with healthcare, health, living, and society to enhance the productivity of healthcare delivery and make customized and precise medicine. It uses IT/electronic communication tools, services, and processes to offer health care services or assist better health. The large range of digital health includes health information technology (IT), mobile health or mHealth, telehealth and telemedicine, wearable devices, and personalized medicine.

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Digital Health Market Dynamics (Including market size, and research)

The growing penetration of smartphone across the world, coupled with the rising adoption of digital healthcare, the increasing adoption of mobile health application, growing integration of advanced technologies such as artificial intelligence (AI), and Internet of Things (IoT) and the increasing number of favorable initiatives by government and private sector are major factors bolstering the growth of the digital health industry. Furthermore, the rising demand for remote monitoring services due to the growing incidences of chronic diseases worldwide and the increasing adoption of smartphone and mobile apps users among healthcare practitioners and physicians for accessing medical patient-related data is surging the digital health market growth.

The rising implementation of mHealth technologies for self-management of chronic illness, such as diabetes, is creating digital health market opportunities. According to the digital health market research, growing demand for improving workflow efficiency in clinics, hospitals, and other healthcare centers is enhancing the demand for mHealth services in a healthcare organization. In addition to this, favorable initiatives by the government and private sector, followed by technological advancements for developing advanced digital solutions, are propelling the growth of the digital health market size. Government programs such as awareness programs and R&D funding for healthcare IT are some factors supporting the growth of the market. On the other hand, privacy and cybersecurity concerns are restraining the growth of the market.

Key Players of the Global Digital Health Market:

·        AT&T Inc.

·        Apple Inc.

·        AirStrip Technologies LP

·        Alcatel-Lucent Corporation

·        Cisco Systems, Inc.

·        Cerner Corporation

·        Symantec Corporation

·        Aruba Networks, Inc.

·        Qualcomm Technologies, Inc.

·        Samsung Electronics Co., Ltd.

·        NextGen Healthcare, Inc. (QSI Management, LLC)

·        IBM Corporation

·        Google LLC

Digital Health Market Segmentation:

Global Digital Health Market Report Segment by Technology:

·        Tele Healthcare

o    Tele-care

§   Activity Monitoring

§   Remote Medication Management

o    Tele-health

§   LTC Monitoring

§   Video Consultation

·        mHealth

o    Wearables

§   BP Monitors

§   Glucose Meters

§   Pulse Oximeters

§   Sleep Apnea Monitors (PSG)

§   Neurological Monitors

§   Activity Trackers/ Actigraphs

o    mHealth Apps

§   Medical Apps

§   Fitness Apps

o    Healthcare Analytics

o    Digital Health Systems

§   EHR

§   E-prescribing Systems

Global Digital Health Market Report Segment by Component:

·        Hardware

·        Software

·        Services

Global Digital Health Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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