Digital Healthcare Market Poised for Remarkable Growth (SARS-CoV-2, Covid-19 Analysis)

Digital Healthcare Technologies have seen remarkable growth in demand since the COVID-19 outbreak, used extensively for monitoring individuals suffering from the infection.

These technologies help predict the symptoms among patients for faster intervention.

Digital healthcare technologies are increasingly being employed by healthcare workers and clinicians to gain accurate and faster clinical results.

The global market value by 2025-end will be USD 3,28,887.8 Million, says MRFR.Mobile health particularly witnesses robust demand worldwide, considering the rampant need to constantly monitor the patient and facilitate effective communication between the patient and the doctor.

Soaring use of mhealth apps, especially in remote locations with no access to medical workers also acts in favor of the global market.

The healthcare IT sector exhibits a robust growth potential, backed by the government bodies across the world.

Digital Healthcare MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Digital Healthcare Market.

The growth sectors of the Digital Healthcare Market are identified with precision for a better growth perspective.According to Market Research Future, the global digital transformation in the healthcare has been segmented based on component, organization size, technology, business function, end-user, and region.Digital transformation in healthcare can be referred to as a combination of various technologies which are transforming the functionality of healthcare systems, with the help of internet.

Additionally, the increasing number of smartphones and tablet users across the globe and growing need for remote patient monitoring services is considerably driving digital transformation in the healthcare sector.

Additionally, the government initiative towards digital health solutions and increasing demand for healthcare information systems are also contributing to the growth of the market.

However, the increasing frequency of security breaches and cyberattacks is hampering the growth of the market.The global digital transformation in the healthcare market has been segmented based on component, organization size, technology, business function, and end-user.By component, the digital transformation in the healthcare market has been segmented into hardware, software, and services.

The hardware segment accounts the largest market share due to increasing adoption of IoT devices, networks, storage devices, and other communication devices, whereas the software segment is expected to be the fastest-growing market during the forecast period, due to increasing automation and analytics used by the healthcare industry.By organization size, the market has been segmented into large enterprises and SMEs.

The global digital healthcare market is expected to grow at an approximate CAGR of 11.8% during the forecast period,2018–2023.The rising demand for wearable medical devices is one of the key factors driving the digital healthcare market.

In recent years, various devices are launched by market players.

Various other factors such as technological advancements, untapped emerging markets, rising incidence of lifestyle diseases, increasing healthcare expenditure, and cost-effectiveness of devices are also expected to propel the growth of the market.Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7636Global Digital Healthcare Market: Competitive LandscapeSome of the key players in the global digital healthcare market areAllScripts Healthcare Solutions, Inc.AT & TAthenahealth Inc.Biotelemetry, Inc.Cerner CorporationCisco SystemsEClinicalWorksiHealth Lab, Inc.Koninklijke Philips N.V.LifeWatch AGMcKesson CorporatioQualcommGeneral Electric CompanyDigital Healthcare Market SegmentationThe global digital healthcare market is segmented based on technology, component, end user, and region.The global market for digital healthcare, by technology, is segmented into telehealthcare, mHealth, and health analytics.

The wearables segment includes BP monitor, glucose monitor, pulse monitor, sleep apnea monitors, neurological monitors, and others.

As per the 2017 data suggested by the Centers for disease control and Prevention (CDC), nearly 9.4% of the US population, i.e., was suffering from diabetes.

Moreover, the demand for innovative technology for continuous monitoring of health drives the market in the Asia Pacific.

Market HighlightsDigital Healthcare Market is expected to register a CAGR of 26.30% during the forecast period with a market value of USD 3,28,887.8 Million till 2025.

Digital Healthcare operates based on healthcare big data, electronic health record (EHR) and electronic medical record (EMR), and others.

Digital healthcare facilitates the smooth functioning of healthcare-related processes.

It helps in the easy management of clinical data, payment procedures, claims, and various other healthcare activities.

The factors leading to the growth of the global digital healthcare market are rising use of big data in healthcare, increasing adoption of EHR and EMR systems, government mandates, and support for the maintenance of patient’s electronic health records and others.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7636Segment AnalysisThe Global Digital Healthcare Market has been segmented by Technology, Application, Delivery Mode, Components, and End User.The market, based on technology, has been bifurcated into digital health systems, telehealthcare, mhealth, and healthcare analytics.

The digital health systems are further sub-segmented into EHR/EMR and e-prescribing systems.