The Digital Healthcare Market is expected to register a CAGR of 24.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Component (Software, Hardware, Services); Offering (mHealth, Telehealth, Digital Therapeutics, Health Management Solutions); Application (Chronic Disease Management, Behavioral Health, Health and Fitness, Others); End User (Patients, Payers, Providers, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Digital Healthcare Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Digital Healthcare Market Segmentation
Component- Software
- Hardware
- Services
- mHealth
- Telehealth
- Digital Therapeutics
- Health Management Solutions
- Chronic Disease Management
- Behavioral Health
- Health and Fitness
- Others
- Patients
- Payers
- Providers
- Others
Strategic Insights
Digital Healthcare Market Growth Drivers- Increasing Demand for Telemedicine and Virtual Care: The demand for telemedicine and virtual healthcare services has surged, particularly due to the COVID-19 pandemic, which accelerated the adoption of remote consultations and digital health platforms. Telemedicine allows patients to consult with healthcare professionals remotely, reducing the need for in-person visits and making healthcare services more accessible, particularly in rural and underserved areas. The continued demand for convenient, cost-effective, and timely care is a significant driver for the digital healthcare market.
- Healthcare Cost Reduction and Efficiency: Rising healthcare costs, inefficiencies in healthcare delivery, and the need to improve care quality are major drivers for the adoption of digital healthcare solutions. Digital technologies, such as EHRs, artificial intelligence (AI), and big data analytics, help streamline administrative tasks, reduce errors, improve resource allocation, and enhance clinical decision-making. By reducing administrative burden and improving healthcare outcomes, digital healthcare tools play a critical role in cost reduction and improving the overall efficiency of healthcare systems.
- Adoption of Blockchain Technology: Blockchain networks are utilized within the healthcare system to store and share patient information across hospitals, diagnostic laboratories, pharmaceutical companies, and physicians. Blockchain use cases can detect significant errors and potentially hazardous mistakes in the medical community. Blockchain is used for health record-keeping, clinical trial, patient monitoring, improves safety, display information and transparency. With the rise in digitalization, the blockchain technology will be used in the healthcare sector across the world.
- Expansion of Mobile Health (mHealth) Applications: The use of mobile health (mHealth) apps is growing rapidly, as these apps enable users to monitor their health, track fitness, manage chronic conditions, and access healthcare services on-the-go. The market for mHealth applications is expected to expand, with increased focus on managing lifestyle diseases like diabetes, hypertension, and obesity. Additionally, mHealth apps are integrating with other digital health tools like wearable devices and EHRs to provide a comprehensive view of an individual’s health. Mobile health will continue to play a key role in increasing patient engagement and improving access to healthcare.
- Aging Population and Demand for Elderly Care Solutions: The global aging population is driving demand for healthcare solutions that cater to the elderly, including remote monitoring, telemedicine, and personalized care. Digital healthcare technologies can help address the challenges of elderly care by providing continuous monitoring, facilitating virtual consultations, and managing chronic conditions. The growing need for elderly care solutions presents significant growth opportunities for companies in the digital healthcare market to develop innovative tools and services to support aging populations.
- Wearable Technology and Mobile Health Applications: The growing acceptance of wearable devices and mobile health applications allows companies to provide the means to monitor health status, track fitness activities and manage lifestyle in real-time. Growing adoption of wearable technology will fuel the digital healthcare market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Digital Healthcare Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Digital Healthcare Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
Blockchain Technology are likely to remain a key trend in the market.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Rise in demand for remote care and rise in healthcare costs are the major factors driving the digital healthcare market.
The Digital Healthcare Market is estimated to witness a CAGR of 24.5% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Digital Healthcare Market - By Technology
1.3.2 Digital Healthcare Market - By Component
1.3.3 Digital Healthcare Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DIGITAL HEALTHCARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DIGITAL HEALTHCARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DIGITAL HEALTHCARE MARKET - GLOBAL MARKET ANALYSIS
6.1. DIGITAL HEALTHCARE - GLOBAL MARKET OVERVIEW
6.2. DIGITAL HEALTHCARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DIGITAL HEALTHCARE MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. TELE-HEALTHCARE
7.3.1. Overview
7.3.2. Tele-Healthcare Market Forecast and Analysis
7.4. MHEALTH
7.4.1. Overview
7.4.2. mHealth Market Forecast and Analysis
7.5. HEALTHCARE ANALYTICS
7.5.1. Overview
7.5.2. Healthcare Analytics Market Forecast and Analysis
8. DIGITAL HEALTHCARE MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1. OVERVIEW
8.2. COMPONENT MARKET FORECASTS AND ANALYSIS
8.3. SOFTWARE
8.3.1. Overview
8.3.2. Software Market Forecast and Analysis
8.4. HARDWARE
8.4.1. Overview
8.4.2. Hardware Market Forecast and Analysis
8.5. SERVICES
8.5.1. Overview
8.5.2. Services Market Forecast and Analysis
9. DIGITAL HEALTHCARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Digital Healthcare Market Overview
9.1.2 North America Digital Healthcare Market Forecasts and Analysis
9.1.3 North America Digital Healthcare Market Forecasts and Analysis - By Technology
9.1.4 North America Digital Healthcare Market Forecasts and Analysis - By Component
9.1.5 North America Digital Healthcare Market Forecasts and Analysis - By Countries
9.1.5.1 United States Digital Healthcare Market
9.1.5.1.1 United States Digital Healthcare Market by Technology
9.1.5.1.2 United States Digital Healthcare Market by Component
9.1.5.2 Canada Digital Healthcare Market
9.1.5.2.1 Canada Digital Healthcare Market by Technology
9.1.5.2.2 Canada Digital Healthcare Market by Component
9.1.5.3 Mexico Digital Healthcare Market
9.1.5.3.1 Mexico Digital Healthcare Market by Technology
9.1.5.3.2 Mexico Digital Healthcare Market by Component
9.2. EUROPE
9.2.1 Europe Digital Healthcare Market Overview
9.2.2 Europe Digital Healthcare Market Forecasts and Analysis
9.2.3 Europe Digital Healthcare Market Forecasts and Analysis - By Technology
9.2.4 Europe Digital Healthcare Market Forecasts and Analysis - By Component
9.2.5 Europe Digital Healthcare Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Digital Healthcare Market
9.2.5.1.1 Germany Digital Healthcare Market by Technology
9.2.5.1.2 Germany Digital Healthcare Market by Component
9.2.5.2 France Digital Healthcare Market
9.2.5.2.1 France Digital Healthcare Market by Technology
9.2.5.2.2 France Digital Healthcare Market by Component
9.2.5.3 Italy Digital Healthcare Market
9.2.5.3.1 Italy Digital Healthcare Market by Technology
9.2.5.3.2 Italy Digital Healthcare Market by Component
9.2.5.4 Spain Digital Healthcare Market
9.2.5.4.1 Spain Digital Healthcare Market by Technology
9.2.5.4.2 Spain Digital Healthcare Market by Component
9.2.5.5 United Kingdom Digital Healthcare Market
9.2.5.5.1 United Kingdom Digital Healthcare Market by Technology
9.2.5.5.2 United Kingdom Digital Healthcare Market by Component
9.2.5.6 Rest of Europe Digital Healthcare Market
9.2.5.6.1 Rest of Europe Digital Healthcare Market by Technology
9.2.5.6.2 Rest of Europe Digital Healthcare Market by Component
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Digital Healthcare Market Overview
9.3.2 Asia-Pacific Digital Healthcare Market Forecasts and Analysis
9.3.3 Asia-Pacific Digital Healthcare Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Digital Healthcare Market Forecasts and Analysis - By Component
9.3.5 Asia-Pacific Digital Healthcare Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Digital Healthcare Market
9.3.5.1.1 Australia Digital Healthcare Market by Technology
9.3.5.1.2 Australia Digital Healthcare Market by Component
9.3.5.2 China Digital Healthcare Market
9.3.5.2.1 China Digital Healthcare Market by Technology
9.3.5.2.2 China Digital Healthcare Market by Component
9.3.5.3 India Digital Healthcare Market
9.3.5.3.1 India Digital Healthcare Market by Technology
9.3.5.3.2 India Digital Healthcare Market by Component
9.3.5.4 Japan Digital Healthcare Market
9.3.5.4.1 Japan Digital Healthcare Market by Technology
9.3.5.4.2 Japan Digital Healthcare Market by Component
9.3.5.5 South Korea Digital Healthcare Market
9.3.5.5.1 South Korea Digital Healthcare Market by Technology
9.3.5.5.2 South Korea Digital Healthcare Market by Component
9.3.5.6 Rest of Asia-Pacific Digital Healthcare Market
9.3.5.6.1 Rest of Asia-Pacific Digital Healthcare Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Digital Healthcare Market by Component
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Digital Healthcare Market Overview
9.4.2 Middle East and Africa Digital Healthcare Market Forecasts and Analysis
9.4.3 Middle East and Africa Digital Healthcare Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Digital Healthcare Market Forecasts and Analysis - By Component
9.4.5 Middle East and Africa Digital Healthcare Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Digital Healthcare Market
9.4.5.1.1 South Africa Digital Healthcare Market by Technology
9.4.5.1.2 South Africa Digital Healthcare Market by Component
9.4.5.2 Saudi Arabia Digital Healthcare Market
9.4.5.2.1 Saudi Arabia Digital Healthcare Market by Technology
9.4.5.2.2 Saudi Arabia Digital Healthcare Market by Component
9.4.5.3 U.A.E Digital Healthcare Market
9.4.5.3.1 U.A.E Digital Healthcare Market by Technology
9.4.5.3.2 U.A.E Digital Healthcare Market by Component
9.4.5.4 Rest of Middle East and Africa Digital Healthcare Market
9.4.5.4.1 Rest of Middle East and Africa Digital Healthcare Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Digital Healthcare Market by Component
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Digital Healthcare Market Overview
9.5.2 South and Central America Digital Healthcare Market Forecasts and Analysis
9.5.3 South and Central America Digital Healthcare Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Digital Healthcare Market Forecasts and Analysis - By Component
9.5.5 South and Central America Digital Healthcare Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Digital Healthcare Market
9.5.5.1.1 Brazil Digital Healthcare Market by Technology
9.5.5.1.2 Brazil Digital Healthcare Market by Component
9.5.5.2 Argentina Digital Healthcare Market
9.5.5.2.1 Argentina Digital Healthcare Market by Technology
9.5.5.2.2 Argentina Digital Healthcare Market by Component
9.5.5.3 Rest of South and Central America Digital Healthcare Market
9.5.5.3.1 Rest of South and Central America Digital Healthcare Market by Technology
9.5.5.3.2 Rest of South and Central America Digital Healthcare Market by Component
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL DIGITAL HEALTHCARE MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. DIGITAL HEALTHCARE MARKET, KEY COMPANY PROFILES
12.1. CERNER CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ALLSCRIPTS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. APPLE, INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. TELEFóNICA S.A.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MCKESSON CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. EPIC SYSTEMS CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. QSI MANAGEMENT, LLC
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. AT AND T
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VODAFONE GROUP
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. AIRSTRIP TECHNOLOGIES
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. CERNER CORPORATION
2. ALLSCRIPTS
3. APPLE, INC.
4. TELEFóNICA S.A.
5. MCKESSON CORPORATION
6. EPIC SYSTEMS CORPORATION
7. QSI MANAGEMENT, LLC
8. AT AND T
9. VODAFONE GROUP
10. AIRSTRIP TECHNOLOGIES
11. GOOGLE, INC.
12. SAMSUNG ELECTRONICS CO., LTD.
13. HIMS
14. ORANGE
15. QUALCOMM TECHNOLOGIES, INC.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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