New York, According to a new market research report published by Global Insight Services “Digital Health Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Digital health is a term used to describe the use of technology in the healthcare sector. This can include the use of electronic health records (EHRs), mobile health apps, wearables, and telemedicine. The aim of digital health is to improve the quality of care and to make it more efficient and affordable.
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Key Trends
There are a number of key trends in digital health technology. One of the most important is the move toward wearable devices. This is partly driven by the increasing availability of devices such as the Apple Watch and Fitbit, which are becoming increasingly popular.
Another key trend is the increasing use of mobile health apps. These apps can help people to track their health, fitness, and diet, and can also provide information and support on a range of health issues.
Another key trend is the use of big data in healthcare. This data can be used to improve the delivery of care, and to identify trends and patterns in health.
Finally, there is a trend toward the use of artificial intelligence in healthcare. This technology is being used to develop new ways of diagnosing and treating disease and to create personalized care plans.
Key Drivers
There are a few key drivers of the digital health market. One is the ever-increasing prevalence of chronic diseases. According to the World Health Organization, chronic diseases are responsible for nearly two-thirds of all deaths worldwide. This is a huge problem that digital health can help alleviate.
Another key driver is the ever-growing aging population. According to the United Nations, the number of people aged 60 or over is expected to more than double by 2050. This is a huge opportunity for digital health companies to develop solutions that can help the aging population live healthier and more independent lives.
Finally, another key driver of the digital health market is the increasing affordability of digital health technologies. As more and more people are able to afford smartphones, tablets, and other connected devices, the market for digital health solutions will only continue to grow.
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Market Segments
By Product & Service
- mHealth
- eHealth
By Component
- Software
- Hardware
- Services
Key Players
The Digital Health Market includes players such as Allscripts Healthcare Solution, Inc., Cerner Corporation, Cisco systems, eCLINICALWORKS, General Electric company, Koninklijke Philips N.V, Honeywell International Inc., Mckesson Corporation, Siemans Healthcare AG and Qualcomm technologies, Inc.
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Reasons to buy Digital Health Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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