Digital Health Market (By Technology - Telehealth, Apps, Health Analytics, mHealth, Digital Health Systems, Market By Components- Hardware, Software, Services) - Global Industry Size, Share, Trends, and Forecast 2018-2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 150

Introduction

Healthcare technology has been transformed during last decades. Introduction of the new technology has digitalized the healthcare sector. Digital health includes the digital health platforms such as mobile health telehealth, and other wireless solutions so as to provide real time healthcare services to the patient. Increasing demand for the home diagnosis and positive impact of the digital technology is a game changer technology in healthcare sector. This technology has made it possible to provide the real time diagnosis of the diseases.

Market Dynamics

Healthcare technology has been transformed during last few years. Increasing prevalence of the various diseases such as diabetes and chronic cardiovascular diseases has driven the growth of the digital health market. The global digital health market is majorly driven by development in the healthcare technology, digitalization of the various devices and increasing spending power of the people. Increasing geriatric population, rising prevalence of diabetes and other chronic diseases, and increasing government support has catalyzed the market growth. According to the WHO, over 422 million people across the globe were suffering from diabetes. Additionally, continuous transforming healthcare sector and increasing awareness among the people has supported the growth of the market.

However, high cost of the advanced digital equipment’s and high maintenance cost may slow the growth of the market.

Market Classification and Overview

The global digital health market is segmented into technology and component.

On the basis of technology, the market is segmented into telehealth, apps, health analytics, mHealth, digital health systems, and others. Telehealth is further segmented into activity monitoring, LTC monitoring, video consultation, remote medication management, and others. mHealth is sub segmented into BP monitor, pulse oximeter, glucose meter, sleep apnea monitors, neurological monitors, others.

On the basis of components, the market is segmented into hardware, software, and services.

Regional Overview

Regionally, the market is segmented into four major regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).

North America dominates the global digital health market owing to the presence of well-developed economy, increasing demand for the advanced products, high spending power and presence of many leading players. U.S. holds the major share for the North America digital health market. Europe accounts for the second major market for digital health. The major factors driving the growth of the European market are availability of huge funds for research and development, huge government support and high per capita income of the people. Asia Pacific is expected to be the fastest growing market which is majorly attributed to the presence of rapidly developing economies and increasing digitalization in the technology. LAMEA is holds the least market. However, there are huge untapped opportunities in the LAMEA market which is the reason this reason is expecting a healthy future for the market during the forecasted period 2016—2026.

Report Coverage

Market

Digital Health Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

 Technology, Component, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis,

Competitive Analysis, Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players in the market are AT&T Inc., Allscripts Healthcare Solutions Inc., Aruba Networks, Inc., Apple Inc., Alcatel-Lucent Corporation, Agfa-Gevaert N.V., AirStrip Technologies LP, Cerner Corporation, Symantec Corporation, Cisco Systems, Inc., Siemens Healthcare Epic Systems Corp., Qualcomm, Inc., and Philips Healthcare.

Market Segmentation

Market by Technology

  • Telehealth
    • Activity Monitoring
    • LTC Monitoring
    • Video Consultation
    • Remote Medication Management
    • Others
  • Health Analytics
  • mHealth
  • BP Monitor
  • Pulse Oximeter
  • Glucose Meter
  • Sleep Apnea Monitors
  • Neurological Monitors
  • Others
  • Digital Health Systems
  • Others

Market By Components

  • Hardware
  • Software
  • Services

Market By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 


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