Status : Published Published On : Jun, 2024 Report Code : VRHC1096 Industry : Healthcare Available Format : Page : 200
2025
2030

Global Digital Health Market – Analysis and Forecast (2025–2030)

Industry Insights by Technology (mHealth [Services, mHealth Apps, Connected Devices], Electronic Health Record {EHR} [On-Premise, Web/Cloud-Based], Healthcare Analytics [Predictive, Prescription, Description], Telemedicine [Teletraining, Teleconsulting, Tele-Education, Telemonitoring, Others]), by Component (Hardware, Software, Services), by Application (Obesity, Diabetes, Cardiovascular, Respiratory Diseases, Other), by End User (Hospitals, Clinics, Individual), and by Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)

Industry Overview

From USD 182.4 billion in 2023, the Global Digital Health Market is predicted to grow to USD 610.4 billion by 2030, registering a CAGR of 28.0% during the forecast period (2025 –2030). The global digital health market is growing at a significant rate, due to the growing penetration of smartphone and tablet users, and the increasing occurrence of chronic and lifestyle-associated diseases such as cardiovascular diseases.

Digital Health Market Highlights

Digital health refers to the online care services provided to patients. It also includes digital diagnostic processes. Some of the most common digital health technologies are wireless technologies, digital diagnostic systems, and electronic health records. Typically, these include a wide range of data and information such as the history of the patient, medication records and treatment plans, allergies and diagnosis, laboratory test results, and radiology images. With all the features and benefits of digital health systems, they have the potential to transform healthcare by enhancing accessibility and facilitating proactive health management. In addition, it reduces the costs of healthcare and improves patient outcomes. Typically, these systems and solutions help patients monitor their health, stick to the prescribed treatment plans, and communicate with the care providers as and when required promptly and effectively.

A large number of factors, such as the growing number of wearable device producers, telehealth platform developers, e-prescription systems, and mHealth app providers, drive the growth of the digital health market. The rate of growth is quite significant due to the higher number of users of smartphones and tablets. It is also attributed to the growing incidents of chronic diseases and other ailments related to the lifestyle of people, such as cardiovascular diseases.

Market Segmentation

Insight by Technology

The Global Digital Health Market is divided by technology into health, electronic health records (EHR), healthcare analytics, telemedicine, mHealth devices, mHealth apps, and telehealth segments. Out of these segments, the health segment is expected to contribute the largest share of the market due to the widespread application of technologically advanced wearables and apps. The mHealth segment is further divided into services, health apps, and connected devices, where the connected devices will contribute the largest share due to higher adoption. The telemonitoring subsegment under the telemedicine segment will grow at a faster rate due to the low doctor-to-patient ratio, busy lifestyles, and increase in IT infrastructure.

Insight by Component

The Global Digital Health Market is divided by components into hardware, software, and services segments. Out of them, the services segment leads the market with the largest revenue share due to higher demand for specific types of services such as installation, training, upgrading, staffing, maintenance, allocation of resources, and more. These services are offered by the market players either in packages or individually. The software segment will grow at a higher CAGR due to growing adoption by healthcare facilities and by care providers, insurance payers, and patients. In addition, the rising healthcare expenses and digitalization trend, the preference for personalized medicine, the shift towards value-based care, and the need to streamline workflows and increase efficiency and financial outcomes also contribute to the growth of the software segment.

Insight by Application

The Global Digital Health Market is divided by applications into obesity, diabetes, cardiovascular, respiratory diseases, and other segments. Among them, the diabetes segment is expected to grow at a high CAGR due to higher prevalence and inherent complications. Digital health systems allow tracking diabetes with wearable devices or monitoring systems to offer real-time data. This allows active and immediate response and simplifies remote patient monitoring by providing timely data to healthcare providers, allowing effective diabetes management. The obesity segment will also grow significantly due to high prevalence, growing need for more effective solutions for weight management, and preference for customized approaches.

Insight by End Users

The Global Digital Health Market is divided by end users into patients, providers, payers, and other segments. Out of these, the patient segment will grow at a higher CAGR due to the growing preference for and prevalence of patient-centric care, higher awareness among individuals about the benefits of managing health, the development of health technologies that allow self-management, access to health information, and remote monitoring. The providers segment will also grow due to the higher adoption of innovative technologies and digital solutions to provide customized care plans, remote consultations, and proven therapies beyond conventional care settings, which helps improve patient outcomes.

Global Digital Health Market Report Coverage

Report Metric

Details

Historical Period

2018 - 2023

Base Year Considered

2024

Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  182.4 Billion

Revenue Forecast in 2030

U.S.D.  610.4 Billion

Growth Rate

28.0%

Segments Covered in the Report

By Technology, By Component, By Application and By End User

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America, Europe, Asia-Pacific, Middle East, South America and Rest of the World

Industry Dynamics

Industry Trends

One of the most notable trends in the digital health market is the rapid advancement in cloud computing and its extensive use in healthcare delivery. This has promoted remote patient monitoring promoting telemedicine using connected devices. The use of different health and wellness passes is another significant trend that leverages data received from wearable devices and provides customized recommendations. The use of Electronic Health Records (EHRs) has also increased to maintain and access medical records easily, quickly, and securely. Innovative technologies such as AI, data analytics, sensors, wearable devices, and even blockchain are also integrated with healthcare delivery to improve patient outcomes.

Growth Drivers

The primary growth driver of the digital health market is the rising internet penetration worldwide that allows extensive use of healthcare apps and wearable devices. This facilitates prompt intervention and remote patient monitoring. It is also attributed to technological developments and an increase in healthcare technology startups. Another significant growth driver is the increasing healthcare costs, which calls for cost-effective solutions to provide healthcare services such as digital health solutions. The growing aging population has a higher propensity of developing chronic diseases that need these solutions for proactive health management and prompt intervention. Along with that, the growing demand for accessible and convenient health care and favorable government initiatives support the market growth.

Challenges

The growth of the digital health market is inhibited by the lower adoption and use of the devices. Technical complexities and data privacy concerns also prevent the market from growing extensively. Moreover, there is an immediate need for amendments to the traditional payment and reimbursement models in healthcare that do not accommodate these solutions adequately.

 Opportunities

Opportunities for growth of the digital health market lie in the ability of wearable devices to empower patients to manage their health promptly and proactively and to leverage remote monitoring. It also promotes adherence to care plans through timely reminders and tailored coaching apps that keep patients on track and promote health outcomes through improved communications and timely consultations.

Geographic Overview

North America contributes the largest share of the market due to the high demand for such solutions and services. It is mainly attributed to the growth of chronic diseases and lifestyle-related diseases among the population. Favorable government initiatives and efforts by companies to promote innovative healthcare delivery digital models, along with rapid digitalization of healthcare, result in higher growth in the region.

Asia-Pacific market will also grow due to a rise in the number of consumers and a lower doctor-to-patient ratio in developing countries like India and China. Higher growth is also attributed to the rise in the adoption of eHealth platforms, healthcare expenditure, remote patient monitoring, and telehealth services, and government investments in healthcare.

Competitive Insights

Oracle Cerner or Oracle Health, formerly Cerner Corporation, is a US-based, multinational provider of health information technology (HIT) platforms and services.

Epic Systems Corporation is an American privately held healthcare software company. According to the company, hospitals that use its software hold medical records of 78% of patients in the United States and over 3% of patients worldwide.

Key players in the digital health market are catering to the demand for these devices by investing in technologically advanced products in their product portfolios across the globe. Qualcomm Incorporated, athenahealth Inc., Cisco Systems Inc., Cerner Corporation, McKesson Corporation, Koninklijke Philips N.V., eClinicalWorks LLC, AT&T Inc., Allscripts Healthcare Solutions Inc., Epic Systems Corporation, and General Electric Company are the key players offering digital health.

Recent Developments by Key Players

Qualcomm collaborates with a variety of organizations, through the Qualcomm Wireless Reach initiative, to help close the global digital divide. Qualcomm is working with George Washington University Medical Faculty Associates to reduce the digital divide in healthcare by providing Medicaid patients with digital literacy skills and remote patient monitoring devices.

Microsoft and Epic expand AI collaboration to accelerate generative AI’s impact in healthcare, addressing the industry’s most pressing needs, including Azure OpenAI Service into Epic’s EHR to automatically draft message responses, as well as a solution that will bring natural language queries and interactive data analysis to SlicerDicer, Epic’s self-service reporting tool. 

Forecast Parameters

  • - Identifying variables and establishing market impact.
  • - Establishing market trends regionally.
  • - Analyzing opportunities and market penetration rates by understanding product commercialization, and regional expansion.
  • - Analyzing demand and supply trends and changes in industry dynamics to establish future growth.
  • - Analyzing sustainability strategies adhered to by market participants in an attempt to determine the future course of the market.
  • - Analyzing historical market trends and super-imposing them on the current and future variables to determine year-on-year trends.
  • - Understanding adoption, production, export, import, and regulatory framework.

Data Validation

  • - Estimated and forecasted data was validated through industry experts.
  • - Apart from industry experts, data triangulation methods were used for validation.
  • - The bottom-up and top-down approaches have been used for the estimation and forecast of market data, whereas the top-down approach was used for validation.
  • - Demand, as well as supply-side surveys, were conducted to understand the industry dynamics and data validation.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

The Digital Health Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

  • By Technology
    • mHealth
      • Connected Devices
      • Services
    • mHealth Apps
      • EHR
      • Web/cloud-Based
      • On-Premise
    • Healthcare Analytics
      • Descriptive
      • Predictive
      • Prescriptive
    • Telemedicine
      • Teleconsulting
      • Telemonitoring
      • Tele-Education
      • Teletrainings
      • Others
  • By Component
    • Hardware
    • Software
    • Services
  • By Application 
    • Obesity
    • Diabetes
    • Cardiovascular
    • Respiratory Diseases
    • Other
  • By End User
    • Hospitals
    • Clinics
    • Individual

Digital Health Market by Region

  • North America
    • By Technology
    • By End User
    • By Country – U.S., Canada, and Mexico
  • Europe
    • By Technology
    • By End User
    • By Country – Germany, U.K., France, Italy, Spain, Russia, The Netherlands, Poland, and Rest of Europe
  • Asia-Pacific (APAC)
    • By Technology
    • By End User
    • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
  • Rest of the World (RoW)
    • By Technology
    • By End User
    • By Country – Brazil, Argentina, Saudi Arabia, South Africa, Nigeria, U.A.E., and Other Countries

 

Digital Health Market Size

Source: VynZ Research

Digital Health Market Analysis

Source: VynZ Research

Frequently Asked Questions

In 2023, mhealth segment accounted for largest share among all other technologies.
North America has the largest demand for digital health products and services.
By technology, the global digital health market is bifurcated into mhealth, electronic health record (EHR), healthcare analytics, and telemedicine.
Hospital is the major end user for this market.
Qualcomm Incorporated, athenahealth Inc., Cisco Systems Inc., Cerner Corporation, McKesson Corporation, Koninklijke Philips N.V., eClinicalWorks LLC, AT&T Inc., Allscripts Healthcare Solutions Inc., Epic Systems Corporation, and General Electric Company are the major key players offering digital health.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle

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Key Takeaways