Digital Health Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

Vision Research Reports predict that, the global digital health market size is expected to reach around USD 513 billion by 2027.

The global digital health market size was valued at USD 95.7 billion in 2018 and expanding at a CAGR of 28.5% from 2019 to 2026.

Rising demand for remote monitoring services due to increasing incidences of chronic diseases across the globe is one of the factors propelling the growth of the market. Moreover, significant rise in the penetration of smartphones and other mobile apps among healthcare practitioners and physicians to track and access medical information is driving the market.

Key Companies & Market Share Insights

Players are undertaking strategic initiatives to gain maximum market share. For instance, in March 2017, McKesson Corporation announced the completion of the previously-announced agreement with Change Healthcare Holdings, Inc. to form a new healthcare IT company named Change Healthcare. Some of the prominent players in the digital health market include:

• Apple Inc.
• AirStrip Technologies
• Allscripts
• Google Inc.
• Orange
• Qualcomm Technologies Inc.
• Mqure
• Samsung Electronics Co. Ltd.
• Telefonica S.A.
• Vodafone Group
• Cerner Corporation
• McKesson Corporation

Scope

Report Attribute	Details
Market size value in 2020	USD 144.4 billion
Revenue forecast in 2027	USD 513.2 billion
Growth Rate	CAGR of 28.5% from 2020 to 2027
Base year for estimation	2019
Historical data	2016 - 2019
Forecast period	2020 - 2027
Quantitative units	Revenue in USD million and CAGR from 2020 to 2027
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered	Technology, component, region
Regional scope	North America; Europe; Asia Pacific; Latin America; MEA
Country scope	U.S.; Canada; U.K.; Germany; Spain; France; Italy; Russia; Japan; China; India; South Korea; Singapore; Australia; Brazil; Mexico; Argentina; Saudi Arabia; South Africa; UAE
Key companies profiled	Apple Inc.; AirStrip Technologies; Allscripts; Google Inc.; Orange; Qualcomm Technologies Inc.; Mqure; Samsung Electronics Co. Ltd.; Telefonica S.A.; Vodafone Group; Cerner Corporation; McKesson Corporation
Customization scope	Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs.

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research, Inc. has segmented global digital health market report on the basis of technology, component, and region:

• Technology Outlook

  • Tele Healthcare

    • Tele-care

      • Activity Monitoring

      • Remote Medication Management

    • Tele-health

      • LTC Monitoring

      • Video Consultation

  • mHealth

    • Wearables

      • BP Monitors

      • Glucose Meters

      • Pulse Oximeters

      • Sleep Apnea Monitors (PSG)

      • Neurological Monitors

      • Activity Trackers/ Actigraphs

    • mHealth Apps

      • Medical Apps

      • Fitness Apps

    • Services

    • mHealth Services Market, By Type

      • Monitoring Services

        • Independent Aging Solutions

        • Chronic Disease Management & Post-acute Services

      • Diagnosis Services

      • Healthcare Systems Strengthening Services

      • Others

    • mHealth Services Market, By Participants

      • Mobile Operators

      • Device Vendors

      • Content Players

      • Healthcare Providers

  • Healthcare Analytics

  • Digital Health Systems 

    • EHR

    • E-prescribing systems

• Component Outlook

  • Hardware

  • Software

  • Services

• Regional Outlook

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • Spain

    • France

    • Italy

    • Russia

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Singapore

    • Australia

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • South Africa