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:
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
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Digital Health Market, By Technology Type
7.1. Digital Health Market, By Technology Type, 2020-2030
7.1.1. Tele-healthcare
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. mHealth
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Healthcare Analytics
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Digital Health Systems
7.1.4.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Digital Health Market, By Component Type
8.1. Digital Health Market, By Component Type, 2020-2030
8.1.1. Software
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Hardware
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. Services
8.1.3.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Digital Health Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.1.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.1.3.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.1.4.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.2.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.2.3.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.2.4.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.2.5.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.2.6.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.3.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.3.3.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.3.4.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.3.5.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.3.6.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.4.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.4.3.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.4.4.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.4.5.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.4.6.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.5.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.5.3.2. Market Revenue and Forecast, By Component Type (2016-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, By Technology Type (2016-2030)
9.5.4.2. Market Revenue and Forecast, By Component Type (2016-2030)
Chapter 10. Company Profiles
10.1. Cerner Corporation
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Allscripts
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Apple, Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Telefónica S.A.
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Mckesson Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Epic Systems Corporation
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. QSI Management, LLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. AT&T
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Vodafone Group
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. AirStrip Technologies
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Google, Inc.
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. Samsung Electronics Co., Ltd.
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives
10.13. HiMS
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent Initiatives
10.14. Orange
10.14.1. Company Overview
10.14.2. Product Offerings
10.14.3. Financial Performance
10.14.4. Recent Initiatives
10.15. Qualcomm Technologies, Inc.
10.15.1. Company Overview
10.15.2. Product Offerings
10.15.3. Financial Performance
10.15.4. Recent Initiatives
10.16. Softserve
10.16.1. Company Overview
10.16.2. Product Offerings
10.16.3. Financial Performance
10.16.4. Recent Initiatives
10.17. MQure
10.17.1. Company Overview
10.17.2. Product Offerings
10.17.3. Financial Performance
10.17.4. Recent Initiatives
10.18. Computer Programs and Systems, Inc.
10.18.1. Company Overview
10.18.2. Product Offerings
10.18.3. Financial Performance
10.18.4. Recent Initiatives
10.19. Vocera Communications
10.19.1. Company Overview
10.19.2. Product Offerings
10.19.3. Financial Performance
10.19.4. Recent Initiatives
10.20. IBM Corporation
10.20.1. Company Overview
10.20.2. Product Offerings
10.20.3. Financial Performance
10.20.4. Recent Initiatives
10.21. CISCO Systems, Inc.
10.21.1. Company Overview
10.21.2. Product Offerings
10.21.3. Financial Performance
10.21.4. Recent Initiatives Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms