Digital Healthcare Market, By Technology (mHealth, Tele-Healthcare, Healthcare Analytics, Digital Health System), Component (Hardware, Software, Services), End Users (Clinics, Hospital), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global digital healthcare market is anticipated to reach USD 98.2 billion by 2020 growing at a CAGR of 28.4% during the forecasting period, 2020-2028. Many advancements and improvements in terms of digital healthcare have been observed and the manufacturers are focused on improving products so as to meet the present and upcoming needs of end-users. Factors such as growing adoption for mHealth solution by physicians for the self-management prescription such as diabetes. Increased demand for improvising and enhancing workflow efficiency in hospitals and clinics are another factor driving the market for digital healthcare.
The global digital healthcare market is segmented into technology, component, end-user, and geography.
The technology segment is segmented into mHealth, Tele-Healthcare, Healthcare Analytics, and Digital Health System
On the basis of technology, the mHealth segment is expected to dominate the market for digital healthcare market during the forecast period 2020-2028
The component segment is segmented into hardware, software, and services
On the basis of components, services segment is expected to dominate the market for digital healthcare market during the forecast period 2020-2028
The end-Users segment is segmented into hospitals and clinics
Geographically, the global digital healthcare market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
North America region is the largest contributor to the digital healthcare market in the forecast period 2020-2028 and Asia-Pacific is expected to grow with the highest CAGR during the forecast period 2020-2028.
Key players in the global digital healthcare market are Apple Inc., AT&T, AirStrip Technologies, Allscripts, Google Inc., Orange, Qualcomm Technologies, Inc., Softserve, MQure among others.
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance: