The term "digital health" refers to the vast, multidisciplinary field that encompasses ideas from the nexus of technology and healthcare. By combining software, hardware, and services, digital health brings digital transformation to the healthcare industry. Under its umbrella, digital health includes mobile health (mHealth) apps, electronic health records (EHRs), electronic medical records (EMRs), wearable devices, telehealth and telemedicine, as well as personalized medicine.
Market Dynamics
Increasing use of digital health platforms globally by healthcare practitioners and increasing technological advancements globally are expected to propel the market growth over the forecast period. For instance, on March 27, 2023, Royal Philips, a global leader in health technology, announced the debut of Philips Virtual Care Management, a comprehensive portfolio of flexible solutions and services to help health systems, providers, payers, and employer groups more meaningfully motivate and deeply connect with patients from virtually anywhere.
Market Segmentation (Version-2026)
- By Technology (Revenue, USD Bn, 2021 - 2033)
- Telehealthcare
- mHealth
- Health Analytics
- Digital Health Systems
- Telemedicine
- Others
- By Component (Revenue, USD Bn, 2021 - 2033)
- Software
- Hardware
- Services
- Connected Devices
- Others
- By End User (Revenue, USD Bn, 2021 - 2033)
- Hospitals & Clinics
- Health Insurance Firms
- By Region (Revenue, USD Bn, 2021 - 2033)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- North America
- Key Players Insights
- Teladoc Health
- American Well Corporation
- Doctor on Demand
- MDLIVE
- Maple
- Steady Health
- Anthropic
- CloudMedx
- Babylon
- Buoy Health
Market Segmentation
By Technology (Revenue, USD Bn, 2021 - 2033)
- Telehealthcare
- mHealth
- Health Analytics
- Digital Health Systems
- Telemedicine
- Others
By Component (Revenue, USD Bn, 2021 - 2033)
- Software
- Hardware
- Services
- Connected Devices
- Others
By End User (Revenue, USD Bn, 2021 - 2033)
- Hospitals & Clinics
- Health Insurance Firms
By Region (Revenue, USD Bn, 2021 - 2033)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- North America
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