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Digital Health Market Outlook Opportunities and Demand Analysis, Forecast 2021-2028

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Swapnil GVR
Digital Health Market Outlook Opportunities and Demand Analysis, Forecast 2021-2028

The global digital health market size was valued at USD 96.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 15.1% from 2021 to 2028. Increasing cases of obesity, high prevalence of chronic diseases, such as diabetes, Cardiovascular Disorders (CVDs), growing need for remote patient monitoring services, and increasing patient engagement & connectivity owing to high adoption of digital health technology are the major factors promoting the market growth.

According to the Pharmaceutical Services Negotiating Committee, in 2018, over 26 million people in England had at least one long-term condition. According to the data published by NHS England, in 2018, long-term conditions accounted for 64% of all hospital outpatient appointments, 50% of all General Practitioner (GP) appointments, and 70% of inpatient bed days. Moreover, the growing demand for specialty health consulting, especially in remote areas, is boosting the adoption of digital health. The adoption of various software, such as Electronic Health Records (EHRs)/Electronic Medical Records (EMRs), has significantly increased owing to the assistance provided to healthcare systems. 

Top Key Players studied in Digital Health Market:

·       Cerner Corporation

·       Allscripts

·       Apple, Inc.

·       Telefónica S.A.

·       Mckesson Corporation

·       Epic Systems Corporation

·       QSI Management, LLC

·       AT&T

·       Vodafone Group

·       AirStrip Technologies

·       Google, Inc.

·       Samsung Electronics Co., Ltd.

To identify the key drivers and the competitors’ insights, Request a Sample @:

https://www.grandviewresearch.com/industry-analysis/digital-health-market/request/rs1

 

Global Digital Health Market Segmented by Product:

 

Tele-healthcare

Services

mHealth Services Market, By Type

Healthcare Analytics

Digital Health Systems

Global Digital Health Market Segmented by Region:

 

North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.)

 

Access Press Release @: https://www.grandviewresearch.com/press-release/global-digital-health-market

Mergers & acquisitions and strategic alliances with other industry participants and increasing R&D in the area of mHealth technologies are some of the initiatives being undertaken by key companies to increase their market share. For instance, in June 2018, Medidata, a cloud storage and data analytics company, acquired Shyft Analytics for USD 195.0 million. The acquisition helped the company in jointly developing data platforms that can be used in processes ranging from the beginning of the drug development phase to its commercialization. 

 

Research Objectives:

To study and analyze the Digital Health Market size by product type, application and key regions/countries history data from 2016 to 2020, and forecast to 2028.

• To understand the structure of the Digital Health Market by identifying its various sub-segments.

• Focuses on the Digital Health Market players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

• To analyze the Digital Health Market with respect to individual growth trends, future prospects, and their contribution to the total market.

• To share detailed information about the key factors influencing the growth of the market.

• To project the size of Digital Health Market, with respect to key regions.

• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

Good Reasons to Buy a Global Digital Health Market Report:

  • Offers detailed market breakdown and data triangulation that will help guide the market trends.
  • The methodology used in the report gives the absolute authentic data that helps advising whether the market has an opportunity in the upcoming years.
  • Provides a detail analysis about the Covid-19 impact on the market and how it will help boost the market in the near future.
  • Give’s a thorough analyst’s viewpoint which guides the client through market collaterals for the better opportunities in the market.

·        Pinpoints the most valued region and how the market can be expanded in the industry to generate more revenue with all the important government guidelines and environmental policies.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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