Market
Highlights:
Digital Healthcare operates based on
healthcare big data, electronic health record (EHR) and electronic medical record
(EMR), and others. Digital healthcare facilitates the smooth functioning of
healthcare-related processes. It helps in the easy management of clinical data,
payment procedures, claims, and various other healthcare activities.
The global Digital
Healthcare Market Companies is expected to register a CAGR of 26.30% during the forecast period with a market
value of USD 3,28,887.8 million till 2025.
The digital health
systems segment is expected to account for a major share in the type segment of
the global digital healthcare market during the forecast period.
The digital
health systems segment accounted for the largest market share of 44.4% in 2018.
These systems comprise of electronic health records (EHR) and electronic
medical record (EMR) and e-prescribing systems. EHR and EMR systems are used
for the collection, storage, and processing of the data related to the patient.
These systems help in maintaining the medical records of the patients
digitally, hence expected to boost the growth of this segment.
Key Players:
·
Allscripts Healthcare
·
BioTelemetry
·
Cerner Corporation
·
Cisco Systems
·
Koninklijke Philips NV
·
McKesson Corporation
·
General Electric Company
·
AT&T Inc.
·
Athenahealth Inc
·
EClinicalWorks
·
iHealth Lab Inc
·
Qualcomm Technologies
Segment Analysis:
·
The global digital healthcare market has been segmented by technology,
application, delivery mode, components, and end user.
·
The market, based on technology, has been bifurcated into digital health
systems, telehealthcare, mhealth, and healthcare analytics. The digital health
systems are further sub-segmented into EHR/EMR and e-prescribing systems.
·
Based on application, the digital healthcare market has been segregated
into cardiology, diabetes, neurology, sleep apnea, oncology, and others.
·
Based on delivery mode, the digital healthcare market has been
segregated into on-premise and cloud-based.
·
Based on components, the digital healthcare market has been segregated
into software, services, and
·
hardware.
·
The global digital healthcare market, based on end user, has been
segmented into healthcare providers, healthcare payers, pharmaceutical
companies, and others.
Regional
Analysis:
The global digital healthcare market, based on region,
has been divided into the Americas, Europe, Asia-Pacific, and the Middle East &
Africa.
The Americas is likely to hold the largest share of
the global digital healthcare market during the assessment period. The high
adoption rate of electronic health records (EHRs) and electronic medical
records (EMRs), supportive government initiatives and rise in healthcare
funding, and rising pressure to improve the quality of care and reduced
healthcare costs likely drive the market growth in the American region.
The Europe market established substantial growth in
the market due to the presence of major players such as Allscripts Healthcare,
LLC (US), BioTelemetry, Inc. (US), Cerner Corporation (US), Cisco Systems, Inc (US),
Koninklijke Philips NV (The Netherlands) and others.
Asia-Pacific is estimated to be the fastest-growing
region in the global market due to the presence of rapidly developing economies
such as China, India, and South Korea and a rise in research & development
centers.
The digital healthcare market in the Middle East &
Africa is expected to witness gradual growth owing to increasing government
support toward the healthcare IT industry in the Middle East, and rapid
technological advancements.
NOTE : Our team of researchers are studying
Covid19 and its impact on various industry verticals and wherever required we
will be considering covid19 footprints for a better analysis of markets and
industries. Cordially get in touch for more details.
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