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Digital Health Market Is Going To Boom at a CAGR of 17.9% | Growth & Key Business Strategies

October 3rd, 2022 Allied Market Research Releases

The digital health market size is anticipated to reach $767.7 billion with a 17.9% CAGR from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

The Healthcare sector is one of the major industries where the adoption of advanced technologies and digitization has grown rapidly in the last few years. Undeniably, digital health technology has helped healthcare providers in identifying new critical illnesses, monitoring health conditions, enhancing treatment outcomes, and predicting the onset of diseases in the recent times. Digital health technology covers everything starting from wearable devices, health information technology (IT), mobile health apps, embedded sensors, artificial intelligence (AI) or robotic care, personalized medicine, telehealth & telemedicine.

𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:

In addition, the outbreak of the COVID-19 pandemic has boosted the growth of the market even more by giving way to rapid adoption of virtual applications by healthcare organizations worldwide. During the first and second waves of the pandemic, the hospitals and healthcare providers had to face a lot of difficulty in carrying out proper treatments both in and out of hospitals while maintaining social distancing norms. This in turn, created a huge demand for digital health in healthcare sector for the hassle-free and easy management of treatment for COVID-19 patients across the globe.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/11299

Based on product and service, the market is segmented into mHealth and eHealth. The eHealth segment dominated the market in 2020 and this trend is expected to continue during the forecast period due to the prevalence of chronic diseases, increase in demand for telehealth and telemedicine, and increase in the number of internet users.

Based on components, the market is classified into software, hardware and services. The software segment dominated the market in 2020 and is expected to continue this trend during the forecast period due to advancements in healthcare information technology, growing demand to reduce healthcare costs, and increasing demand for organized data and workflows in the healthcare sector.

Based on region, North America is currently dominating the market with the highest market share, owing to the presence of key market players in this region. The Asia-Pacific region, at the same time, is expected to manifest the fastest growth rate, attributed to numerous factors such as rise in geriatric population, surge in prevalence of chronic diseases, rapid adoption of smartphone and internet users, advancements in healthcare information technology, and increase in funding from private & government organizations for mobile health startup.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/11299

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

 

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