Global Digital Health Markets, 2019-2024: A $393 Billion Industry Opportunity, Driven by the Adoption of Cloud-based Storage Systems by Professionals - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 30, 2019--
The “Digital Health Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global digital health market reached a value of US$ 144.2 Billion in 2018. Looking forward, the market is anticipated to reach a value of US$ 393.3 Billion by 2024, registering a CAGR of around 18% during 2019-2024.
Rapid advancements in healthcare IT infrastructure, along with the adoption of cloud-based storage systems by professionals, is the key factor driving the growth of the market. Doctors and other healthcare providers are increasingly utilizing various devices such as smartphones and tablets to monitor and track the patient’s health.
Furthermore, significant developments in processing and storage technologies have made computing resources more affordable, efficient and accessible, and enabled the on-demand supply of these services to patients through the internet.
Additionally, extensive governmental support and the implementation of favorable policies to encourage the adoption of digital health solutions are also boosting the demand for the technology. For instance, governments of various nations are promoting the incorporation of electronic intensive care units (e-ICU), which allow remote patient monitoring through two-way cameras, high-speed internet and electronic devices.
Other factors, such as the growing geriatric population, rising healthcare expenditure levels and increasing prevalence of diseases including Chronic Obstructive Pulmonary Disease (COPD) and diabetes are also projected to drive the market further.
The report has also analysed the competitive landscape of the market with some of the key players being iHealth Lab Inc., AllScripts Healthcare Solutions Inc., AirStrip Technologies, Qualcomm Technologies, Cerner Corporation, McKesson Corporation, Kininklijke Philips N.V., LifeWatch AG, Biotelemetry Inc., eClinicalWorks, Omron Healthcare, Athenahealth Inc., AT&T, etc.
Key Questions Answered in This Report
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Digital Health Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Component
5.5 Market Breakup by Region
5.6 Market Forecast
6 SWOT Analysis
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Type
9.2 Medical Wearables
9.3 EMR/EHR Systems
9.4 Medical Apps
9.5 Healthcare Analytics
10 Market Breakup by Component
11 Market Breakup by Region
11.1 North America
11.3 Asia Pacific
11.4 Middle East and Africa
11.5 Latin America
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 iHealth Lab Inc.
12.3.2 AllScripts Healthcare Solutions Inc.
12.3.3 AirStrip Technologies
12.3.4 Qualcomm Technologies
12.3.5 Cerner Corporation
12.3.6 McKesson Corporation
12.3.7 Kininklijke Philips N.V.
12.3.8 LifeWatch AG
12.3.9 Biotelemetry Inc.
12.3.11 Omron Healthcare
12.3.12 AthenaHealth Inc.
For more information about this report visit https://www.researchandmarkets.com/r/f0okpy
View source version on businesswire.com:https://www.businesswire.com/news/home/20191230005249/en/
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INDUSTRY KEYWORD: TECHNOLOGY HEALTH OTHER TECHNOLOGY OTHER HEALTH
SOURCE: Research and Markets
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PUB: 12/30/2019 11:12 AM/DISC: 12/30/2019 11:12 AM