Digital Healthcare Market to reach USD 1,025.48 Bn by 2032 - Coherent Market Insights

Digital Healthcare Market to reach USD 1,025.48 Bn by 2032

The global digital healthcare market size is likely to be valued at USD 266.78 billion in 2025. It is predicted to touch a USD 1,025.48 billion valuation by 2032, exhibiting a CAGR of 21.2% during the forecast period (2025-2032).  

Investment in telemedicine and remote patient monitoring technologies is likely to fuel the market growth over the forecast period. Integration of digital healthcare solutions across healthcare settings with the assistance of government support can benefit the market. Additionally, the emergence of artificial intelligence-driven tools for disease prediction and management and the demand for personalized medicine can augur favorably for the digital healthcare market.

Key Market Insights

The digital healthcare market is set for an explosive growth rate owing to the rise of remote medical consultations, a growing elderly populace, and a surge in chronic diseases. According to the World Health Organization, noncommunicable diseases (NCDs) accounted for 43 million deaths in 2021, making for 74% of global fatalities. The leading indicators of NCD-related deaths are cardiovascular diseases (17.9 million), cancers (9.3 million), chronic respiratory diseases (4.1 million), and diabetes (2.0 million).

• By technology, the healthcare analytics segment is set to capture a 60.0% share of the digital healthcare market in 2025. Healthcare analytics utilizes predictive models, in-house data, and statistical analysis for enhancing operational facilities in healthcare settings. The COVID-19 pandemic has spurred the demand for telehealth and mHealth across hospitals and clinics due to social distancing measures.
• By component, the software segment is estimated to hold a 45.62% market share in 2025 due to its ability to enable digital healthcare. Electronic healthcare records (EHRs), remote patient monitoring systems, and clinical decision support tools are digital healthcare solutions that improve healthcare outcomes.
• By end user, the hospital & clinics segment can hold 40.62% share of the digital healthcare market in 2025. This can be attributed to their adoption of technology-driven care solutions to handle large patient volumes and establish integrated healthcare ecosystems.
• In terms of region, North America is estimated to hold a lion’s share of 40.7% of the digital healthcare market in 2025. Huge adoption of digital health solutions by hospitals and clinics is driving the market growth. The launch of virtual care platforms and early investments in telemedicine, AI solutions, and digital therapeutics are touted to fuel the market growth.

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Digital Healthcare Market Report Coverage

Market Dynamics

The digital healthcare market is forecasted to perform significantly over the forecast period owing to the increasing numbers of the elderly worldwide. These patients require long-term care and constant monitoring to aid them in getting well. Remote patient monitoring solutions assist hospitals in managing serious medical conditions by providing regular check-ins. Recently, Hilbi, a Slovakia-based company, raised capital of USD 8,831,872 from Ishtar Advisory Limited, a firm headquartered in London, on April 03, 2025. The company has used the funding to improve their healthcare solution and attained one of its first adopters in India, DPU Super Specialty Hospital.

Companies and startups operating in the digital healthcare space are launching new products and solutions to unburden clinics and hospitals. The new technological offerings aim to streamline management operations and offer seamless patient care. In March 2025, Eli Lilly expanded its digital healthcare platform, LillyDirect, to offer in-person or telehealth consultations for Alzheimer patients in the U.S.

Market Opportunities

Growing Telehealth and Telemedicine Market

Telemedicine and telehealth are offering new growth opportunities for the global digital healthcare market. Telemedicine is closing healthcare’s critical challenges such as gaps in access, efficient care for providers and patients, and affordable costs. Virtual consultations can connect patients with specialists without resorting to long drives. It can deliver urgent care in remote areas and assist in early intervention and management of chronic diseases.

In February 2024, the South Korean government allowed access to telemedicine platforms across hospitals and clinics for patients. Virtual care can remove overhead costs for healthcare organizations and eliminate hidden charges for patients.

Market Challenges

Data Security and Privacy Concern

Patients are wary of sharing their personal details owing to a breach or leak of their confidential health information. This reluctance on the part of patients can hamper the digital healthcare market growth. Large-scale breaches across hospitals have made patients worry over the potential misuse of their health records.

Analyst’s View

“The digital healthcare market is forecasted a healthy growth rate over the forecast period owing to an increasing geriatric population, prevalence of chronic diseases, and need for cost-effective healthcare solutions.”, says Ms. Komal Dighe, a management consultant working in Coherent Market Insights.

“Key market players are focusing on telemedicine, mHealth, and remote patient monitoring services. North America is expected to lead the market in 2025, but Asia Pacific can exhibit a strong growth rate due to rising medical tourism and investment in medical infrastructure.

However, data privacy concerns among patients can impede market growth. High upfront costs of equipment and platforms as well as lack of medical infrastructure in rural areas can affect market growth negatively.”

Recent Developments

Microsoft Corporation in partnership with local doctors in Ghana tested a 3D telemedicine system that helps patients get remote assessments from doctors after surgery in February 2025. The move can benefit the country due to a low doctor-to-patient ratio.

Competitor Insights

• Vodafone Group
• AT&T
• Apple Inc.
• Google, Inc.
• Orange
• Veradigm
• AirStrip Technologies
• IBM Corporation
• Telefónica S.A.
• General Electric Company
• QSI Management, LLC
• Hims & Hers Health, Inc.
• Samsung Electronics Co., Ltd.
• Oracle Cerner
• Epic Systems Corporation
• Qualcomm Technologies, Inc.
• Computer Programs and Systems, Inc.
• Softserve
• CISCO Systems, Inc.
• McKesson Corporation

Market Segmentation

• Technology
• Healthcare Analytics
• mHealth
• Tele-health
• Others
• Component
• Software
• Hardware
• Services
• End User
• Hospital & Clinics
• Patients
• Providers
• Payers
• Others

Regional Insights

• North America
  • U.S.
  • Canada
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
• Europe
  • Italy
  • Germany
  • U.K.
  • Spain
  • France
  • Russia
  • Rest of Europe
• Asia Pacific
  • South Korea
  • India
  • Japan
  • China
  • Australia
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa
  • South Africa
  • GCC Countries
  • Israel
  • Rest of Middle East & Africa