Digital Health Market size to grow at 25.9% CAGR to reach $379bn by 2024 - PowerPoint PPT Presentation

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Digital Health Market size to grow at 25.9% CAGR to reach $379bn by 2024


Digital Health Market Size By Technology, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024 – PowerPoint PPT presentation

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Title: Digital Health Market size to grow at 25.9% CAGR to reach $379bn by 2024

Digital Health Market size to exceed 379bn by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Digital Health Market
  • Global digital health market size will reach USD
    379.3 billion by 2024, with over 25 growth from
    2016 to 2024.
  • Digital health systems market share was over USD
    32 billion in 2015 with more than USD 130 billion
    by 2024. Growing investments in interoperability
    and increasing awareness regarding usage of EHR
    platforms will drive business growth.
  • Health analytics market size was over USD 4
    billion in 2015 and should witness 25.9 growth
    over the forecast timeframe. It helps reduce
    instances of misdiagnosis and curb healthcare
    costs by providing reliable and cost- effective
    healthcare information to care providers.
  • Japan digital health market size will grow at
    over 29 to exceed USD 20 billion by 2024, owing
    to extensive adoption of new healthcare
    technologies and improved government focus to
    reduce healthcare cost.

  • Brazil digital health market size was over USD
    843 million in 2015 and anticipated to grow at
    27.9 over the forecast period. It held over 47
    of regional digital healthcare market share in
  • South Africa digital healthcare market share was
    over 15 of regional revenue in 2015 and expected
    to surpass USD 1.2 billion by 2024.
  • Presence of large corporations, local industry
    players as well as start-ups are increasing the
    overall digital health market competitiveness.
    The key industry players will hold maximum
    revenue share owing to their brand recognition
    and prompt after sales service. The major players
    include Qualcomm, Philips Healthcare, McKesson
    Corporation, AT T and LifeWatch.

U.S. Digital Health Market size, by Technology,
2012- 2024 (USD Billion)


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360 Analysis
  • Technology Trends
  • Digital health systems market which comprise of
    electronic health records and e-prescribing
    systems grabbed the largest revenue share of 62
    in 2015. The segment was predominantly driven by
    EHR (electronic health records), with target
    market size slated to reach over USD 116 billion
    by 2024 with 16.7 CAGR over forecast period.
    Technological advancements, rising investments in
    interoperability and favorable government
    initiatives should expand digital health systems
    market size.
  • Regional Trends
  • U.S. digital health market share continues to
    dominate the global landscape, with target
    revenue slated to exceed USD 152 billion by 2024.
    Rising incidences of chronic diseases, increasing
    geriatric population base and implementation of
    HITECH Act and HIPAA Act should promote business
  • Competitive Market Share
  • Global digital health market size is fragmented
    in nature, with large corporations, local small
    players as well as start-ups joining the industry
    competition. The key industry participants will
    hold maximum digital health market share owing to
    strong financial muscle, brand recognition and
    premium after sales service. The major players
    include McKesson Corporation, Qualcomm,
    LifeWatch, and Philips Healthcare, AT T.

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