20.09.2018 23:00:00

Global digital health market is expected to grow with a CAGR of 14% over the forecast period of 2018-2024

LONDON, Sept. 20, 2018 /PRNewswire/ -- The report on global digital health market provides qualitative and quantitative analysis for the period of 2016 to 2024.

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The report predicts the global digital health market to grow with a CAGR of 14% over the forecast period of 2018-2024. The study on digital health market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Rapidly improving healthcare IT infrastructure along with remote patient monitoring services drives the growth of the digital health market. Additionally, increasing occurrence of cardiovascular disorder and aging population across the world are some of the factors fuelling the growth of the digital health market. However, lack of infrastructure and high capital investment to build the infrastructure in developing economies are likely to restrain the growth of the digital health market. On the other hand, increasing adoption of cloud-based systems and increase in demand for mobile apps are providing huge growth opportunities for the key players in the digital health market over the upcoming years. Implementation of ehealth aims at creation of electronic health card for everyone since 2018 is anticipated to boost the business growth. The card will include health data that can be accessible by hospitals, doctors, as well as pharmacies across the nation with patient consent such implementations are most likely to boost market growth.
Among geographies,U.S accounted for the largest share in the digital health market. The growth in the U.S region is due to increase in occurrence of chronic diseases and growing elderly population base.Morever, stringent regulatory norms in the United States and threat associated with data privacy and security are restricting the growth of global digital health market. China is anticipated to witness significant growth owing to high adoption rate of technologies and various supportable initiatives undertaken by the Chinese government to support eHealth. Japan accounted for largest Asia Pacific digital health market market share owing to rapid adoption of tele health and mobile health technology.

The report on digital health market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global digital health market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global digital health market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global digital health market is segmented on the basis of service and end-user.

Global Digital Health Market by Service
- Mobile Device
- Cloud Based Solution
- Big Data Analytics
- Healthcare Mobility
Global Digital Health Market by End-user
- Clinics
- Government Hospitals
- Specialty Hospital
- General Hospital

Company Profiles
- Cisco Systems Inc.
- Qualcomm Inc.
- Truven Health Analytics
- Epic Systems Corp
- Siemens Healthineers
- GE Healthcare
- Philips Healthcare
- McKesson Corp
- Allscripts Healthcare Solutions Inc
- Cerner Corp.

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of digital health market.
2. Complete coverage of all the segments in digital health market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global digital health market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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