Authored By: Sarah
15 Feb 2022

Digital Health Market Size to Grow by $ 380 bn through 2021-2025  

Technavio research projects the digital health market to grow by $ 380 billion, accelerating at a CAGR of over 25% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Digital Health Market: Key Market Driver

One of the primary factors that will trigger the growth of the digital health market size is the increasing support for digital health from governments. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Digital Health Market Size to Grow by $ 380 Billion During 2021-2025 | Top Drivers and Related Markets

Digital Health Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., Apple Inc., Cisco Systems Inc., General Electric Co., International Business Machines Corp., Koninklijke Philips NV, McKesson Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., and Siemens Healthineers AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

Browse through some of other related market research reports for more insights:

  • Telehealth Market: Accelerating at a CAGR of over 30.44%, the Global Telehealth market is expected to grow by $ 109.98 billion during the forecast period.
  • Health And Wellness Market: Global health and wellness market will post an incremental growth of $ 1.39 trillion, progressing at a CAGR of 6.29% during the forecast period.
  • Corporate Wellness Market: The corporate wellness market is expected to grow by $ 24.44 billion, accelerating at a CAGR of almost 7.88% during the forecast period.
  • Health And Wellness Food Market: The health and wellness food market and it is expected to grow by $ 362.15 billion, accelerating at a CAGR of almost 8.27% during the forecast period.
  • Sexual Wellness Market: Technavio’s Sexual Wellness Market is set to grow by $ 32.02 billion, and the market will be progressing at a CAGR of 10.86% till 2025.
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