https://www.fortunebusinessinsights.com/industry-reports/digital-health-market-100227


https://www.fortunebusinessinsights.com/industry-reports/digital-health-market-100227

The global digital health market was valued at USD 376.68 billion in 2024 and is expected to
reach USD 427.24 billion in 2025. It is projected to expand significantly over the forecast
period, growing to USD 1,500.69 billion by 2032 at a CAGR of 19.7%. In 2024, North America
held the largest share of the market at 42.81%.
The global digital health market is witnessing rapid expansion, driven by advancements in
telemedicine, mobile health applications, electronic health records, and data analytics.
Growing demand for remote patient monitoring, personalized care, and efficient healthcare
delivery continues to accelerate adoption across regions. North America leads the market
due to strong digital infrastructure and early technology integration, while other regions are
quickly advancing as investments in healthcare digitization and patient-centered solutions
increase.
Learn more here:
https://www.fortunebusinessinsights.com/industry-reports/digital-health-market-100227
Market Segmentation
1. By Technology
• Telehealth and Telemedicine: Enables remote consultations, monitoring, and follow-
up care, reducing the need for in-person visits.
• mHealth (Mobile Health): Includes health apps, mobile platforms, and wearables
that help track fitness, nutrition, medication adherence, and chronic disease
management.
• Electronic Health Records (EHRs): Widely adopted for digital storage, access, and
sharing of patient health information.
• Healthcare Analytics: Uses big data, predictive modeling, and AI to improve clinical
outcomes and operational efficiency.
• Digital Therapeutics and Wellness Solutions: Software-based therapies, behavioral
health programs, and digital platforms for lifestyle management.
2. By Component
• Software: Applications for data management, telemedicine, diagnostics, and
workflow automation.
• Hardware: Includes wearable devices, monitoring equipment, and connected
medical devices.
• Services: Encompasses implementation, integration, consulting, and ongoing
support.
3. By End User
• Hospitals and Clinics: Leverage digital platforms for patient records, telehealth
services, and care coordination.
• Diagnostic Centers: Use digital health tools for faster, more accurate testing and
reporting.
• Patients and Individuals: Adopt mobile apps, wearables, and remote monitoring
devices for self-care and wellness management.
• Payers and Insurance Providers: Utilize digital health tools for claims management,
preventive care programs, and patient engagement.
list of key companies profiled:
• GE HealthCare (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• Allscripts Healthcare, LLC (U.S.)
• Cerner Corporation (U.S.)
• Epic Systems Corporation (U.S.)
• McKesson Corporation (U.S.)
• Medical Information Technology, Inc. (U.S.)s
• Siemens Healthineers AG (Germany)
• Boston Scientific Corporation (U.S.)
• FUJIFILM Holdings Corporation (Japan)
• Medtronic (Ireland)
•
IBM (U.S.)
• Validic (U.S.)
Market Growth Drivers
The market is driven by the rising prevalence of chronic diseases, growing demand for
personalized care, and expanding access to mobile and internet connectivity. Increasing
healthcare costs are pushing providers and governments to adopt digital solutions for
efficiency. Artificial intelligence, cloud computing, and blockchain are creating opportunities
for innovation. Additionally, the COVID-19 pandemic has accelerated acceptance of
telehealth and remote monitoring, boosting long-term adoption.
Market Restraining Factors
Data privacy and cybersecurity concerns remain major barriers to adoption. High
implementation and integration costs limit access in low-resource settings. Lack of
standardization across platforms creates interoperability challenges. Resistance from
healthcare professionals due to training requirements and workflow disruptions can slow
adoption. Furthermore, strict regulatory requirements and uncertain reimbursement
policies pose obstacles for market expansion.
Regional Analysis
• North America: Leads the market due to advanced digital infrastructure, high
healthcare expenditure, and supportive regulatory frameworks.
• Europe: Maintains strong adoption driven by government initiatives, established
healthcare systems, and emphasis on patient safety and data security.
• Asia–Pacific: Expected to witness the fastest growth with rising internet penetration,
increasing healthcare investments, and growing awareness of digital health solutions.
• Latin America: Gradually expanding due to improving digital infrastructure and the
adoption of telehealth in underserved areas.
• Middle East & Africa: Showing steady progress with government support and
collaborations to enhance healthcare digitization and remote access.