The Global Digital Health Market is relied upon to ascend at an extensive rate in response to rising prevalence of chronic diseases. Fortune Business insights in its new report titled “Digital Health Market: Global Market Analysis Insights and Forecast2018 – 2025” predicts that North America is likely to show attractive growth opportunities during the forecast period.
This is primarily on account of the presence of advanced healthcare and medical infrastructure in North America. Presence of a large number of well-established players in this region is likely to continue boosting the digital healthcare market in North America. Besides North America Europe and Asia Pacific are also expected to grow at a significant rise in the upcoming years. Rising level of digital knowledge in the U.K. is expected to drive the digital health market.
Some of the major companies that are present in the global market are;
- GENERAL ELECTRIC COMPANY
- Cerner Corporation
- McKesson Corporation
- Diabetizer GmbH & Co. KG
- Dimensional InsightInc.
- Siemens AGQualcomm Life
- 3MIBM CorporationInc.
- Koninklijke Philips N.V.
- NVIDIA Corporation
- Next IT Corp.
- Change Healthcare
- LifeWatchNike Inc. and others.
Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/digital-health-market-100227
Rapid Adoption of mHealth Technologies Drives the Market
The Global Digital Health Market is driven by several factors. “Rising number of government initiatives aimed at promoting digital health solutions will enable growth in the market,” said a lead analyst at Fortune Business insights. “In the coming years the market is estimated to benefit from the uptake of IT in the medical industry,” he added. With the increasing use of smartphones across the world the demand for digital health services is growing owing to the rising adoption of mhealth apps.
Other factors such as the rising demand for in-house remote monitoring devices and increasing geriatric population will catalyze growth of the digital health and wellness services. Digital health over the past few years has become a game changer in the digital health industry. Digital health services help in monitoring diseases and provide access to electronic information of patients through tablets or mobiles. Doctors can check the complete digital health record of their patients and accordingly offer the best consultation. All the factors mentioned above are anticipated to boost the market during the forecast period.
Although the digital health services are adopted by large number of hospitals across the world there are some factors that may harm the growth of the digital health market. The high cost associated with the installation of such advanced digital health systems is likely to restrict the market to an extent. In addition to this several security and safety concerns with regards to the data exposed digitally may pose serious threat to the digital healthcare market.
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