Digital Health Market
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Global <strong>Digital</strong> <strong>Health</strong> <strong>Market</strong> (Size of<br />
$76,723.8 Million in 2015) to Witness<br />
21% CAGR During 2016 – 2022<br />
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<strong>Digital</strong> <strong>Health</strong> <strong>Market</strong><br />
The global digital health market, valued at $76,723.8 million in 2015, is<br />
expected to grow at a CAGR of 21.0% during 2016-2022. The m<strong>Health</strong> segment<br />
of the global digital health market is expected to witness the fastest growth, a<br />
CAGR of 34.0% during the forecast period.<br />
The global digital health market is growing at a significant rate, due to growing<br />
demand for advanced healthcare information system, and growing investment<br />
by healthcare information technology (HIT) players. The growing need for<br />
remote patient monitoring services, increasing support from government<br />
organizations and growing demand for m<strong>Health</strong> technologies are also driving<br />
the growth of the global digital health market. However, the factors such as<br />
privacy and security issues, inadequate healthcare infrastructure in developing<br />
economies, and high capital expenditure and maintenance requirement are<br />
inhibiting the growth of the global market.<br />
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<strong>Digital</strong> <strong>Health</strong> <strong>Market</strong><br />
The information and data in the publication “Global <strong>Digital</strong> <strong>Health</strong> <strong>Market</strong><br />
Size, Share, Development, Growth and Demand Forecast to 2022”<br />
represent the research and analysis of data from various primary and<br />
secondary sources. The bottom-top approach has been used to calculate<br />
the global market size by technology. The market numbers for countries are<br />
obtained through top-down approach. P&S <strong>Market</strong> Research analysts and<br />
consultants interacted with authorities from leading companies of the<br />
concerned domain, to substantiate every value of data presented in the<br />
report. The company bases its primary research on discussions with<br />
prominent professionals and analysts in the industry, which is followed by<br />
informed and detailed, online, and offline research.<br />
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<strong>Digital</strong> <strong>Health</strong> <strong>Market</strong><br />
<strong>Digital</strong> health technologies, such as electronic health records (EHR), digital<br />
diagnostic systems, and wireless technologies comprises a range of data including<br />
patient history, immunization dates, medication, allergies, diagnosis, radiology<br />
images, laboratory and test results, insurance information, and treatment plans.<br />
Moreover, the digital health technologies help to improve communication between<br />
patients and healthcare providers to reduce medical errors for better coordinated<br />
care. These technologies also help to share information with other healthcare<br />
organizations and providers, such as medical imaging facilities, emergency facilities,<br />
laboratories, clinics, and pharmacies.<br />
Geographically, North America dominated the global market of digital health in<br />
2015; whereas the Asia-Pacific market is expected to witness the fastest growth at a<br />
CAGR of 27.6%, during the forecast period.<br />
Some of the key companies operating in the global digital health market include<br />
AT&T Inc., Cerner Corporation, Cisco Systems Inc., General Electric Company,<br />
McKesson Corporation, Koninklijke Philips N.V., Qualcomm Incorporated,<br />
eClinicalWorks, Allscripts <strong>Health</strong>care Solutions Inc., athenahealth Inc., and Epic<br />
Systems Corporation.
<strong>Digital</strong> <strong>Health</strong> <strong>Market</strong><br />
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