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Increasing Demand Of Digital Health is Expected to boost the growth of the market

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. Get more Insights (at) https://www.coherentmarketinsights.com/market-insight/digital-health-market-1909

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.

Get more Insights (at) https://www.coherentmarketinsights.com/market-insight/digital-health-market-1909

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NORTH<br />

AMERICA<br />

Market Size (2017)<br />

US$ 53.98 MN<br />

Major Drivers<br />

<br />

<br />

<br />

<br />

CAGR<br />

20.5%<br />

Presence <strong>of</strong> major key players<br />

High adoption rate <strong>of</strong> digital health<br />

Cons<strong>is</strong>tent launches <strong>of</strong> technologically advanced products<br />

<strong>Increasing</strong> government initiatives in implementing digital<br />

health programs<br />

Major Drivers<br />

<br />

<br />

ASIA<br />

PACIFIC<br />

Market Size (2017)<br />

US$ 19.56 MN<br />

CAGR<br />

22.3%<br />

<strong>Increasing</strong> adoption <strong>of</strong> digital health products in key<br />

countries <strong>of</strong> Asia Pacific such as India and China<br />

Entrance <strong>of</strong> key players with <strong>the</strong>ir novel products<br />

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