NEW YORK, Oct. 27, 2023 /PRNewswire/ -- The digital health market is moderately fragmented, with the presence of numerous regional and global vendors. Competition in the market is expected to intensify during the forecast period as many companies invest in emerging markets for future growth prospects. For instance, one of the key vendors airstrip.com offers digital health such as Airstrip One. Also, through this segment, the company offers a complete, vendor and data source-agnostic, enterprise-wide mobile interoperability platform that advances care collaboration and serves as a catalyst for health system innovation. The digital health market is estimated to grow at a CAGR of 25.8% between 2022 and 2027. The size of the market is forecast to increase by USD 563.59 billion. Highlights on the yearly growth variance and Y-O-Y growth rate for forecast period (2023 to 2027) and the historic period (2017 to 2021) -  Download a Sample Report

What`s New for 2023?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession

• Global competitiveness and key competitor positions

• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial

Segmentation Analysis:

The market is segmented by application (wireless health, mobile health, EHR, and telehealth), and component (software, services, and hardware).

By application, the market will observe significant growth in the wireless health segment. This technology allows hospitals to track the real-time location of critical equipment, such as infusion pumps and specialty beds, and it can update the real-time status of the equipment (whether it is being used or not). Hugs Infant Protection is a hospital-wide infant security system developed by STANLEY Healthcare. This is one of the key factors driving the growth of the segment.

North America will account for 43% of the market growth during the forecast period. Factors such as increasing government initiatives to expand Medicare services are increasing the demand for digital health in the developed countries of the region. In addition, telemedicine is beneficial for the elderly, as they have chronic clinical needs that require regular and frequent doctor and hospital visits. Such efforts will allow US to expand care and cover a wider patient population. You can also improve your medical facilities. Expansion of healthcare services and advanced technologies are likely to lead to the growth of the digital healthcare market during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities, historic & forecast, 2017 to 2021, 2023 to 2027, USD Billion – Download a Sample Report

Key Companies Mentioned

• 3M Co.

• Agfa Gevaert NV

• AirStrip Technologies Inc.

• Allscripts Healthcare Solutions Inc.

• Alphabet Inc.

• Apple Inc.

• Cisco Systems Inc.

• Computer Programs and Systems Inc.

• Epic Systems Corp.

• Honeywell International Inc.

• International Business Machines Corp.

• Koninklijke Philips NV

• McKesson Corp.

• Oracle Corp.

• Qualcomm Inc.

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What are the key data covered in this digital health market report?

• CAGR of the market during the forecast period 2023-2027

• Detailed information on factors that will drive digital health market growth during the next five years

• Precise estimation of the digital health market size and its contribution to the parent market

• Accurate predictions on upcoming trends and changes in consumer behavior

• The growth of the digital health market industry across

• A thorough analysis of the market's competitive landscape

• Comprehensive details of factors that will challenge the growth of the digital health market

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Table of contents

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market segment analysis

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

• 4.1 Five forces summary

• 4.2 Bargaining power of buyers

• 4.3 Bargaining power of suppliers

• 4.4 Threat of new entrants

• 4.5 Threat of substitutes

• 4.6 Threat of rivalry

• 4.7 Market condition

5 Market Segmentation by Service

• 5.1 Market segments

• 5.2 Comparison by Service

• 5.3 Emergency mental health services - Market size and forecast 2021-2026

• 5.4 Outpatient counselling - Market size and forecast 2021-2026

• 5.5 Inpatient hospital treatment services - Market size and forecast 2021-2026

• 5.6 Market opportunity by Service

6 Customer Landscape

• 6.1 Customer landscape overview

7 Geographic Landscape

• 7.1 Geographic segmentation

• 7.2 Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026

• 7.4 Europe - Market size and forecast 2021-2026

• 7.5 Asia - Market size and forecast 2021-2026

• 7.6 Rest of World (ROW) - Market size and forecast 2021-2026

• 7.7 US - Market size and forecast 2021-2026

• 7.8 Sweden - Market size and forecast 2021-2026

• 7.9 China - Market size and forecast 2021-2026

• 7.10 Germany - Market size and forecast 2021-2026

• 7.11 India - Market size and forecast 2021-2026

• 7.12 Market opportunity by geography

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape

• 9.3 Landscape disruption

• 9.4 Industry risks

10 Vendor Analysis

• 10.1 Vendors covered

• 10.2 Market positioning of vendors

• 10.3 Acadia Healthcare Co. Inc.

• 10.4 Ascension

• 10.5 Behavioral Health Network Inc.

• 10.6 CareTech Holdings Plc

• 10.7 North Range Behavioral Health

• 10.8 Promises Behavioral Health

• 10.9 Pyramid Healthcare Inc.

• 10.10 REM Minnesota

• 10.11 Strategic Behavioral Health

• 10.12 Universal Health Services Inc.

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist

• 11.3 Currency conversion rates for USUSD

• 11.4 Research methodology

• 11.5 List of abbreviations

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