Digital Health Global Market Report 2021: COVID-19 Growth And Change

The Business Research Company’s Digital Health Global Market Report 2021: COVID-19 Growth And Change

LONDON, GREATER LONDON, UK, March 10, 2021 /EINPresswire.com/ -- Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

Read More On The Global Digital Health Market Report:
https://www.thebusinessresearchcompany.com/report/digital-health-global-market-report

Favorable government initiatives in response to COVID-19 are expected to propel the growth of the digital health market in the coming years. Governments around the world have rapidly brought health policies and extra advantages on linked health tools, such as digital health and remote patient monitoring, in response to COVID-19. A survey of US specialists found that owing to COVID-19, almost 80% of them expanded their use of digital health resources. In Medicare, before the pandemic, nearly 13,000 fee-for-service (FFS) recipients accessed digital health coverage in one week. Moreover, by the end of April 2020, the use of telehealth rose by 130 times as nearly 1.7 million FFS recipients accessed such services in one week. Therefore, favorable government initiatives in response to COVID-19 drive the growth of the digital health market.

The main digital health market segments are mobile health (mHealth), health information technology, telehealth and telemedicine, and health analytics. Mobile health is the medicine and public health service supported by mobile devices such as mobile phones, tablets, personal digital assistants and the wireless infrastructure. Health analytics manage, measure or analyze healthcare data. Telehealth services provide information regarding health-related services, medical care, patient education and digital communication technologies. These are used by healthcare providers, healthcare payers, pharmaceutical companies in the areas of cardiology, diabetes, neurology, sleep apnea, and oncology.

The global digital health market size is expected to grow from $183.30 billion in 2020 to $201.24 billion in 2021 at a compound annual growth rate (CAGR) of 9.79%. The slow digital healthcare CAGR trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $483.75 billion in 2025 at a CAGR of 24.52%.

Major players in the global digital health market are Allscripts Healthcare Solutions Inc., BioTelemetry Inc., eClinicalWorks, iHealth Lab Inc, McKesson Corporation, Koninklijke Philips N.V, AT & T, Cisco Systems, Athenahealth Inc., General Electric Company, Qualcomm Incorporated, Apple Inc., AirStrip Technologies, Google Inc., Mqure, Samsung Electronics Co. Ltd., Telefonica S.A., Vodafone Group, Philips Healthcare, and Siemens Healthineers.

Digital Health Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides digital health market overview, forecast digital health market size and growth for the whole market, digital health market segments, and geographies, digital health market trends, digital health market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request For A Sample Of The Global Digital Health Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3953&type=smp

Here Is A List Of Similar Reports By The Business Research Company:

Telehealth Global Market Report 2021: COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/telehealth-global-market-report

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