Increased user base of smartphones and tablets across globe especially in the developing countries would lead to higher adoption of digital health platform. According to statistics provided by the Pew Research Centre in 2016, 72% population of the U.S. has smartphone access, around 59% of Chinese population and around 45% of Indian population possess smartphone. The number of internet users in India is expected to reach 450-465 million by 2020 as per estimation of the Internet and Mobile Association of India in 2017. This is important market trend as mHealth platform could directly get influenced with higher penetration of smartphones.
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DIGITAL HEALTH
MARKET
Market Size (2017)
US$ 107.25
MN
CAGR (2018–
2026)
20.6%
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Segmentation (Scope)
Healthcare Information System (HIS)
‣ Electronic Health Records (EHR)
‣ Computerized Physician Order Entry (CPOE)
‣ Clinical Decision Support System (CDSS)
‣ mHealth
‣ Telehealth
• Radiology
• Radiology Information System (RIS)
• Picture Archiving and Communication System (PACS)
• Cardiology
• Dermatology
• Others
‣ Population Health Management
Connected Medical Devices
‣ Imaging Systems
‣ Vital Singns Monitor Devices
• Radiology
• Cardiology
• Dermatology
• Others
‣ Implantable Cardiac Devices
‣ Patient Monitors
‣ Respiratory Devices
‣ Infusion Pumps
‣ Anethesia Machines
‣ Neurological Devices
‣ Hearing Devices
‣ Fetal Monitoring Devices
‣ Electrosurgical Devices
‣ Pain Management Devices
‣ Rehabilitation Devices
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Major Drivers
Increasing number of people
adopting wearable devices
Increasing geriatric population,
prevalence of chronic diseases and
need for continuous monitoring
Higher penetration of smartphone and digital
technology across the globe
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NORTH
AMERICA
Market Size (2017)
US$ 53.98 MN
Major Drivers
CAGR
20.5%
Presence of major key players
High adoption rate of digital health
Consistent launches of technologically advanced products
Increasing government initiatives in implementing digital
health programs
Major Drivers
ASIA
PACIFIC
Market Size (2017)
US$ 19.56 MN
CAGR
22.3%
Increasing adoption of digital health products in key
countries of Asia Pacific such as India and China
Entrance of key players with their novel products
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Major Players
Alliscripts Healthcare Solutions, Inc.
Koninklijke Phillips N.V.
McKesson
Corporation
Epic Systems
Corporation
Google LLC
IBM CorporationROVI
SA
Cerner
Corporation
Qualcomm
Incorporated
General Electric Company
(GE Healthcare)
Siemens Healthineers, Inc.
(Siemens AG)
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Global Digital Health Market Value
(US$ Bn), By Region, 2017
48%
XX%
XX%
XX%
XX%
XX%
North
America
Latin
America
Europe Asia Pacific Middle East Africa
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