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Global Digital Health Market Size, Status and Forecast 2020-2026
Published Date: October 2019
|
Report Code: QYRE-Othe-0A163
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Global Digital Health Market Size Status and Forecast 2020 to 2026

Global Digital Health Market Size, Status and Forecast 2020-2026

Code: QYRE-Othe-0A163
Report
October 2019
97 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Digital Healthcare Market Statistics 2026

The global Digital Healthcare market size is projected to reach USD 95430 Million by 2026, from USD 77240 Million in 2020, at a CAGR of 22.4% during 2021-2026.

digital healthcare market

Major factors driving the growth of the digital healthcare market are:

  • Growing need for remote patient monitoring services.
  • Increasing cases of obesity, high prevalence of chronic diseases, such as diabetes, Cardiovascular Disorders (CVDs),
  • The growing trend of preventive healthcare coupled with rising funding for various digital health startups is further propelling the market growth.

Digital Healthcare Market Trends

One of the primary factors driving the growth of the digital healthcare market is the increased demand for remote monitoring services due to the increased prevalence of chronic diseases around the world. 

The usage of various healthcare IT technologies, such as electronic medical records, e-prescribing systems, remote patient tracking, and wearable medical devices, has increased as a result of rising breakthroughs in healthcare IT and favorable government legislation. These elements would contribute to the growth of the digital health market. 

Furthermore, the growing use of smartphones and other mobile applications by healthcare professionals and physicians to monitor and access medical data is driving the growth of the digital health market. 

digital healthcare market size

The rise in strategic mergers and acquisitions among manufacturers is helping service providers enhance their profit margins by encouraging the creation of efficient products. GENERAL ELECTRIC, for example, purchased Monica Healthcare to enhance its digital maternal-infant care solutions. The rise in such M&A activities and technical breakthroughs has been noted to have a favorable impact on the demand for healthcare technology and digital health and wellness. The increase in the number of M&A operations is expected to be one of the key development drivers for the global digital health market. 

One of the important trends that will gain traction in the digital health industry during the forecast period is the use of AI in digital health. Medical professionals are increasingly turning to artificial intelligence (AI) because it allows them to create more efficient diagnosis charts, gain more educated insights, and obtain faster results.

Digital Healthcare Market Share

Based on region, in 2017, North America had the greatest proportion of the global digital health market. This is mostly due to increased policy financing for upgrading the country's healthcare delivery systems, a growing senior population, and increased awareness of various digital health technologies through numerous workshops and conferences, mostly in the United States. 

Due to the increasing penetration of smartphones and smart wearable devices, as well as the increased use of mhealth services, Asia Pacific is expected to develop at a lucrative growth rate over the forecast period. Medical device companies are constantly collaborating with software developers to build new monitoring and diagnostic tools, making it easier for patients to communicate with doctors. 

Digital Healthcare Market Segmentation

Key Companies

  • Cerner
  • GENERAL ELECTRIC
  • IBM
  • Koninklijke Philips
  • Siemens
  • ...

By Region

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

By Type

  • Hospital information system (HIS)
  • Clinical information system (CIS)
  • Other GP or specialty systems
  • Integrated health information exchange networks (HIE/EHR)
  • Telemedicine
  • Secondary-usage non-clinical systems (care analytics, public health and research) 

By Application

  • Wireless health
  • Mobile health
  • EHR
  • Telehealth

Key Stakeholders

  • Digital Health Manufacturers
  • Digital Health Distributors/Traders/Wholesalers
  • Digital Health Subcomponent Manufacturers
  • Industry Association
  • Downstream Vendors

Scope of Digital Healthcare Market Report

Report Metric

Details

Report Name

Digital Healthcare Market

Market size value in 2020

USD 77240 Million

Revenue forecast in 2026

USD 95430 Million

CAGR

22.4%

Base Year

2020

Forecast Period

2021 - 2026

  By Type

Hospital information system (HIS), Clinical information system (CIS), Other GP or specialty systems, Telemedicine, Integrated health information exchange networks (HIE/EHR), Secondary-usage non-clinical systems (care analytics, public health and research)

By Application

Wireless Health, Mobile Health, EHR, Telehealth

Frequently Asked Questions About This Report

1. How big is the Digital health market?

Ans: The global Digital Healthcare market size is projected to reach USD 95430 Million by 2026, from USD 77240 Million in 2020, at a CAGR of 22.4% during 2021-2026.

2. Who are the key companies available in the Digital health market?

Ans: Some of the major companies are Cerner, GENERAL ELECTRIC, IBM, Koninklijke Philips, Siemens.

1 Report Overview

    1.1 Study Scope

    1.2 Key Market Segments

    1.3 Players Covered: Ranking by Digital Health Revenue

    1.4 Market by Type

        1.4.1 Global Digital Health Market Size Growth Rate by Type: 2020 VS 2026

        1.4.2 Hospital information system (HIS)

        1.4.3 Clinical information system (CIS)

        1.4.4 Other GP or specialty systems

        1.4.5 Integrated health information exchange networks (HIE/EHR)

        1.4.6 Telemedicine

        1.4.7 Secondary-usage non-clinical systems (care analytics, public health and research)

    1.5 Market by Application

        1.5.1 Global Digital Health Market Share by Application: 2020 VS 2026

        1.5.2 Wireless health

        1.5.3 Mobile health

        1.5.4 HER

        1.5.5 Telehealth

    1.6 Study Objectives

    1.7 Years Considered

 

2 Global Growth Trends

    2.1 Global Digital Health Market Perspective (2015-2026)

    2.2 Global Digital Health Growth Trends by Regions

        2.2.1 Digital Health Market Size by Regions: 2015 VS 2020 VS 2026

        2.2.2 Digital Health Historic Market Share by Regions (2015-2020)

        2.2.3 Digital Health Forecasted Market Size by Regions (2021-2026)

    2.3 Industry Trends and Growth Strategy

        2.3.1 Market Top Trends

        2.3.2 Market Drivers

        2.3.3 Market Challenges

        2.3.4 Porter’s Five Forces Analysis

        2.3.5 Digital Health Market Growth Strategy

        2.3.6 Primary Interviews with Key Digital Health Players (Opinion Leaders)

 

3 Competition Landscape by Key Players

    3.1 Global Top Digital Health Players by Market Size

        3.1.1 Global Top Digital Health Players by Revenue (2015-2020)

        3.1.2 Global Digital Health Revenue Market Share by Players (2015-2020)

        3.1.3 Global Digital Health Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

    3.2 Global Digital Health Market Concentration Ratio

        3.2.1 Global Digital Health Market Concentration Ratio (CR5 and HHI)

        3.2.2 Global Top 10 and Top 5 Companies by Digital Health Revenue in 2019

    3.3 Digital Health Key Players Head office and Area Served

    3.4 Key Players Digital Health Product Solution and Service

    3.5 Date of Enter into Digital Health Market

    3.6 Mergers & Acquisitions, Expansion Plans

 

4 Market Size by Type (2015-2026)

    4.1 Global Digital Health Historic Market Size by Type (2015-2020)

    4.2 Global Digital Health Forecasted Market Size by Type (2021-2026)

 

5 Market Size by Application (2015-2026)

    5.1 Global Digital Health Market Size by Application (2015-2020)

    5.2 Global Digital Health Forecasted Market Size by Application (2021-2026)

 

6 North America

    6.1 North America Digital Health Market Size (2015-2020)

    6.2 Digital Health Key Players in North America (2019-2020)

    6.3 North America Digital Health Market Size by Type (2015-2020)

    6.4 North America Digital Health Market Size by Application (2015-2020)

 

7 Europe

    7.1 Europe Digital Health Market Size (2015-2020)

    7.2 Digital Health Key Players in Europe (2019-2020)

    7.3 Europe Digital Health Market Size by Type (2015-2020)

    7.4 Europe Digital Health Market Size by Application (2015-2020)

 

8 China

    8.1 China Digital Health Market Size (2015-2020)

    8.2 Digital Health Key Players in China (2019-2020)

    8.3 China Digital Health Market Size by Type (2015-2020)

    8.4 China Digital Health Market Size by Application (2015-2020)

 

9 Japan

    9.1 Japan Digital Health Market Size (2015-2020)

    9.2 Digital Health Key Players in Japan (2019-2020)

    9.3 Japan Digital Health Market Size by Type (2015-2020)

    9.4 Japan Digital Health Market Size by Application (2015-2020)

 

10 Southeast Asia

    10.1 Southeast Asia Digital Health Market Size (2015-2020)

    10.2 Digital Health Key Players in Southeast Asia (2019-2020)

    10.3 Southeast Asia Digital Health Market Size by Type (2015-2020)

    10.4 Southeast Asia Digital Health Market Size by Application (2015-2020)

 

11 India

    11.1 India Digital Health Market Size (2015-2020)

    11.2 Digital Health Key Players in India (2019-2020)

    11.3 India Digital Health Market Size by Type (2015-2020)

    11.4 India Digital Health Market Size by Application (2015-2020)

 

12 Central & South America

    12.1 Central & South America Digital Health Market Size (2015-2020)

    12.2 Digital Health Key Players in Central & South America (2019-2020)

    12.3 Central & South America Digital Health Market Size by Type (2015-2020)

    12.4 Central & South America Digital Health Market Size by Application (2015-2020)

 

13 Key Players Profiles

    13.1 Cerner

        13.1.1 Cerner Company Details

        13.1.2 Cerner Business Overview

        13.1.3 Cerner Digital Health Introduction

        13.1.4 Cerner Revenue in Digital Health Business (2015-2020))

        13.1.5 Cerner Recent Development

    13.2 GENERAL ELECTRIC

        13.2.1 GENERAL ELECTRIC Company Details

        13.2.2 GENERAL ELECTRIC Business Overview

        13.2.3 GENERAL ELECTRIC Digital Health Introduction

        13.2.4 GENERAL ELECTRIC Revenue in Digital Health Business (2015-2020)

        13.2.5 GENERAL ELECTRIC Recent Development

    13.3 IBM

        13.3.1 IBM Company Details

        13.3.2 IBM Business Overview

        13.3.3 IBM Digital Health Introduction

        13.3.4 IBM Revenue in Digital Health Business (2015-2020)

        13.3.5 IBM Recent Development

    13.4 Koninklijke Philips

        13.4.1 Koninklijke Philips Company Details

        13.4.2 Koninklijke Philips Business Overview

        13.4.3 Koninklijke Philips Digital Health Introduction

        13.4.4 Koninklijke Philips Revenue in Digital Health Business (2015-2020)

        13.4.5 Koninklijke Philips Recent Development

    13.5 Siemens

        13.5.1 Siemens Company Details

        13.5.2 Siemens Business Overview

        13.5.3 Siemens Digital Health Introduction

        13.5.4 Siemens Revenue in Digital Health Business (2015-2020)

        13.5.5 Siemens Recent Development

 

14 Analyst's Viewpoints/Conclusions

 

15 Appendix

    15.1 Research Methodology

        15.1.1 Methodology/Research Approach

        15.1.2 Data Source

    15.2 Disclaimer

    15.3 Author Details

 

List of Tables

Table 1. Digital Health Key Market Segments

Table 2. Key Players Covered: Ranking by Digital Health Revenue

Table 3. Ranking of Global Top Digital Health Manufacturers by Revenue (US$ Million) in 2019

Table 4. Global Digital Health Market Size Growth Rate by Type (US$ Million): 2020 VS 2026

Table 5. Key Players of Hospital information system (HIS)

Table 6. Key Players of Clinical information system (CIS)

Table 7. Key Players of Other GP or specialty systems

Table 8. Key Players of Integrated health information exchange networks (HIE/EHR)

Table 9. Key Players of Telemedicine

Table 10. Key Players of Secondary-usage non-clinical systems (care analytics, public health and research)

Table 11. Global Digital Health Market Size Growth by Application (US$ Million): 2020 VS 2026

Table 12. Global Digital Health Market Size by Regions (US$ Million): 2020 VS 2026

Table 13. Global Digital Health Market Size by Regions (2015-2020) (US$ Million)

Table 14. Global Digital Health Market Share by Regions (2015-2020)

Table 15. Global Digital Health Forecasted Market Size by Regions (2021-2026) (US$ Million)

Table 16. Global Digital Health Market Share by Regions (2021-2026)

Table 17. Market Top Trends

Table 18. Key Drivers: Impact Analysis

Table 19. Key Challenges

Table 20. Digital Health Market Growth Strategy

Table 21. Main Points Interviewed from Key Digital Health Players

Table 22. Global Digital Health Revenue by Players (2015-2020) (Million US$)

Table 23. Global Digital Health Market Share by Players (2015-2020)

Table 24. Global Top Digital Health Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Digital Health as of 2019)

Table 25. Global Digital Health by Players Market Concentration Ratio (CR5 and HHI)

Table 26. Key Players Headquarters and Area Served

Table 27. Key Players Digital Health Product Solution and Service

Table 28. Date of Enter into Digital Health Market

Table 29. Mergers & Acquisitions, Expansion Plans

Table 30. Global Digital Health Market Size by Type (2015-2020) (Million US$)

Table 31. Global Digital Health Market Size Share by Type (2015-2020)

Table 32. Global Digital Health Revenue Market Share by Type (2021-2026)

Table 33. Global Digital Health Market Size Share by Application (2015-2020)

Table 34. Global Digital Health Market Size by Application (2015-2020) (Million US$)

Table 35. Global Digital Health Market Size Share by Application (2021-2026)

Table 36. North America Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 37. North America Key Players Digital Health Market Share (2019-2020)

Table 38. North America Digital Health Market Size by Type (2015-2020) (Million US$)

Table 39. North America Digital Health Market Share by Type (2015-2020)

Table 40. North America Digital Health Market Size by Application (2015-2020) (Million US$)

Table 41. North America Digital Health Market Share by Application (2015-2020)

Table 42. Europe Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 43. Europe Key Players Digital Health Market Share (2019-2020)

Table 44. Europe Digital Health Market Size by Type (2015-2020) (Million US$)

Table 45. Europe Digital Health Market Share by Type (2015-2020)

Table 46. Europe Digital Health Market Size by Application (2015-2020) (Million US$)

Table 47. Europe Digital Health Market Share by Application (2015-2020)

Table 48. China Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 49. China Key Players Digital Health Market Share (2019-2020)

Table 50. China Digital Health Market Size by Type (2015-2020) (Million US$)

Table 51. China Digital Health Market Share by Type (2015-2020)

Table 52. China Digital Health Market Size by Application (2015-2020) (Million US$)

Table 53. China Digital Health Market Share by Application (2015-2020)

Table 54. Japan Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 55. Japan Key Players Digital Health Market Share (2019-2020)

Table 56. Japan Digital Health Market Size by Type (2015-2020) (Million US$)

Table 57. Japan Digital Health Market Share by Type (2015-2020)

Table 58. Japan Digital Health Market Size by Application (2015-2020) (Million US$)

Table 59. Japan Digital Health Market Share by Application (2015-2020)

Table 60. Southeast Asia Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 61. Southeast Asia Key Players Digital Health Market Share (2019-2020)

Table 62. Southeast Asia Digital Health Market Size by Type (2015-2020) (Million US$)

Table 63. Southeast Asia Digital Health Market Share by Type (2015-2020)

Table 64. Southeast Asia Digital Health Market Size by Application (2015-2020) (Million US$)

Table 65. Southeast Asia Digital Health Market Share by Application (2015-2020)

Table 66. India Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 67. India Key Players Digital Health Market Share (2019-2020)

Table 68. India Digital Health Market Size by Type (2015-2020) (Million US$)

Table 69. India Digital Health Market Share by Type (2015-2020)

Table 70. India Digital Health Market Size by Application (2015-2020) (Million US$)

Table 71. India Digital Health Market Share by Application (2015-2020)

Table 72. Central & South America Key Players Digital Health Revenue (2019-2020) (Million US$)

Table 73. Central & South America Key Players Digital Health Market Share (2019-2020)

Table 74. Central & South America Digital Health Market Size by Type (2015-2020) (Million US$)

Table 75. Central & South America Digital Health Market Share by Type (2015-2020)

Table 76. Central & South America Digital Health Market Size by Application (2015-2020) (Million US$)

Table 77. Central & South America Digital Health Market Share by Application (2015-2020)

Table 78. Cerner Company Details

Table 79. Cerner Business Overview

Table 80. Cerner Product

Table 81. Cerner Revenue in Digital Health Business (2015-2020) (Million US$)

Table 82. Cerner Recent Development

Table 83. GENERAL ELECTRIC Company Details

Table 84. GENERAL ELECTRIC Business Overview

Table 85. GENERAL ELECTRIC Product

Table 86. GENERAL ELECTRIC Revenue in Digital Health Business (2015-2020) (Million US$)

Table 87. GENERAL ELECTRIC Recent Development

Table 88. IBM Company Details

Table 89. IBM Business Overview

Table 90. IBM Product

Table 91. IBM Revenue in Digital Health Business (2015-2020) (Million US$)

Table 92. IBM Recent Development

Table 93. Koninklijke Philips Company Details

Table 94. Koninklijke Philips Business Overview

Table 95. Koninklijke Philips Product

Table 96. Koninklijke Philips Revenue in Digital Health Business (2015-2020) (Million US$)

Table 97. Koninklijke Philips Recent Development

Table 98. Siemens Company Details

Table 99. Siemens Business Overview

Table 100. Siemens Product

Table 101. Siemens Revenue in Digital Health Business (2015-2020) (Million US$)

Table 102. Siemens Recent Development

Table 103. Research Programs/Design for This Report

Table 104. Key Data Information from Secondary Sources

Table 105. Key Data Information from Primary Sources

List of Figures

Figure 1. Global Digital Health Market Share by Type: 2020 VS 2026

Figure 2. Hospital information system (HIS) Features

Figure 3. Clinical information system (CIS) Features

Figure 4. Other GP or specialty systems Features

Figure 5. Integrated health information exchange networks (HIE/EHR) Features

Figure 6. Telemedicine Features

Figure 7. Secondary-usage non-clinical systems (care analytics, public health and research) Features

Figure 8. Global Digital Health Market Share by Application: 2020 VS 2026

Figure 9. Wireless health Case Studies

Figure 10. Mobile health Case Studies

Figure 11. HER Case Studies

Figure 12. Telehealth Case Studies

Figure 13. Digital Health Report Years Considered

Figure 14. Global Digital Health Market Size YoY Growth 2015-2026 (US$ Million)

Figure 15. Global Digital Health Market Share by Regions: 2020 VS 2026

Figure 16. Global Digital Health Market Share by Regions (2021-2026)

Figure 17. Porter's Five Forces Analysis

Figure 18. Global Digital Health Market Share by Players in 2019

Figure 19. Global Top Digital Health Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Digital Health as of 2019

Figure 20. The Top 10 and 5 Players Market Share by Digital Health Revenue in 2019

Figure 21. North America Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 22. Europe Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 23. China Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 24. Japan Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 25. Southeast Asia Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 26. India Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 27. Central & South America Digital Health Market Size YoY Growth (2015-2020) (Million US$)

Figure 28. Bottom-up and Top-down Approaches for This Report

Figure 29. Data Triangulation

Figure 30. Key Executives Interviewed

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