Introduction:

Digital Health, which incorporates computerized care programs, is the union of advanced innovations with wellbeing, medical care, living, and society to upgrade the productivity of medical services conveyance and make medication more customized and exact. The control includes the utilization of data and correspondence advances to help address the medical conditions and difficulties looked by individuals under therapy.

The global Digital Health market size was estimated to be at USD XX million in 2019, and is expected to grow at a CAGR of XX% during forecast period to reach USD XX million in 2027.

Market Dynamics:

An ascent in the interest for far off checking administrations is driven by the expanded predominance of constant infections and late episode of worldwide pandemic, COVID-19. As of now, the future course of the worldwide computerized wellbeing market is impacted by the COVID-19 significantly, which is spreading at a remarkable rate. Individuals are evading public places, for example, parks, emergency clinics, centers in an offer to try not to contact the sickness. Notwithstanding that, wonderful infiltration of cell phones and different portable applications, including the ones intended for giving wellbeing related administrations are probably going to drive the interest for computerized wellbeing administrations.

Global Digital Health Market

Source: Precise Market Intelligence, 2020

Segmentation:

The market has been segmented based on product type, component, end user and region.

  • By Product Type
    • EHR/EMR
    • Clinical Decision Support System (CDSS)
    • Computerized Physician Order Entry (CPOE)
    • Telehealth
    • Population Health Management
    • mHealth
    • Revenue Cycle Management
    • e-Prescribing
    • Health Information Exchange (HIE)
    • Laboratory Information System (LIS)
    • Long Term and Post Acute Care (LTPAC)
    • Information/Education
    • Scheduling, Rating & Shopping
    • Service providers
    • Asset Tracking
    • Others
       
  • By Component
    • Hardware
    • Software
    • Services
       
  • By End user
    • B2B
      • Providers
      • Payers
      • Employers
      • Pharmaceutical Companies
      • Others
    • B2C
      • Caregivers
      • Patients
         
  • By Region
    • North America (U.S., Canada)
    • Europe (U.K., France, Germany, Italy, Spain, and rest of Europe)
    • Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
    • South America (Brazil, Mexico, and Rest of South America)
    • Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa)

Digital Health Market, By Region, 2019

Source: Precise Market Intelligence, 2020

Competition Landscape:

The global digital health market is consolidated with few companies dominating the market. The dominance is due to their ability to manufacture the complex products and their geographical reach. The prominent companies in the market are; Allscripts, Cerner Corporation, McKesson Corporation, Epic Systems Corporation, NextGen Healthcare, Inc., IBM Corporation, Siemens Healthineers, DexCom, Inc., Medtronic, Philips, Omron Corporation, GE Healthcare, Athenahealth, Cognizant, 3M and others.

For better understanding of revenue contribution of each technology to the Digital Health Market, ask an expert analyst