Digital Transformation in Healthcare Market Size, Share, Development Status, Top Manufacturers, And Forecasts 2029


Posted September 16, 2023 by Shitalmax

Digital Transformation in Healthcare Market size is expected to grow at 14.3% throughout the forecast period, reaching nearly US$ 98.34 Billion by 2029.

 
Market Overview:

The objective of this comprehensive study is to provide a detailed analysis of the Digital Transformation in Healthcare market industry, encompassing market segmentation by segments and geographical regions. The report includes crucial insights into the market positions of the leading Digital Transformation in Healthcare companies, while also highlighting significant industry trends and potential opportunities.

This study further comprises company profiles, product images, specifications, production capacity, pricing, cost structures, revenue figures, and contact details for the prominent players in the Global Digital Transformation in Healthcare market. It conducts a thorough examination of global, regional, and corporate market trends, including volume and value assessments. Additionally, historical data is scrutinized and combined with estimations to present a holistic view of the Digital Transformation in Healthcare Market Size on a global scale.

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Market Scope:

Following rigorous market engineering, which involved statistical computations, market size estimations, projections, breakdowns, and data triangulation, we conducted extensive primary research to gather, verify, and validate key data. Throughout the market engineering process, both top-down and bottom-up approaches were employed, alongside various data triangulation techniques, to generate market assessments and forecasts for the entire range of market segments and sub-segments within the Digital Transformation in Healthcare market. To provide essential insights in the report, comprehensive qualitative and quantitative analyses were conducted on all data collected during the market engineering process.

The market size was validated using both top-down and bottom-up approaches, considering the sale price (excluding any discounts offered by manufacturers, distributors, wholesalers, or traders). We applied weights based on usage rates and average sale prices to each segment, enabling the generation of percentage splits, market shares, and segment breakdowns. The regional divisions of the overall market and its sub-segments were determined based on the percentage adoption or usage of the specified market size in each relevant area or nation.

Drivers:

A patient-centric strategy, which helps to understand patient requirements and streamline operations, is built on a foundation of digital transformation. The market is anticipated to rise as a result of increased pharmaceutical investment, regulatory strengthening, payer engagement in digital technologies, and improved connectivity in telemedicine due to consolidation. The use of technology, including virtual reality tools, wearable medical devices, telemedicine, and 5G mobile technologies, is predicted to propel the global market to grow at a CAGR of xx%. On the other side, it is anticipated that economic challenges and legal restrictions will restrain the expansion of the global healthcare sector through digital transformation.

Segmentation:


by Business Function

Customer Transformation
Workforce Transformation
Operational Transformation
Product Transformation

by Technology

Artificial Intelligence (AI)
Cloud Computing
Big data and analytics
Internet of Things (IoT)

by End User

Hospitals
Pharmaceutical Companies
Clinics and Laboratories

Key Players:

The Digital Transformation in Healthcare industry has seen notable inorganic growth strategies, including acquisitions, partnerships, and collaborations. Given the rising demand, companies in the Digital Transformation in Healthcare market are expected to capitalize on excellent growth opportunities. Some of the key players in the global Digital Transformation in Healthcare industry include:


1. Atos Syntel
2. Equinix
3. Siemens Healthineers
4. Hitachi Medical Corporation
5. Samsung Medison
6. Accenture PLC
7. Adobe Systems
8. Cognizant
9. Dell EMC
10. Google LLC
11. IBM Corporation
12. Microsoft Corporation
13. Oracle Corporation
14. SAP SE
15. CA Technologies
16. GE Healthcare Limited
17. Apple
18. Marlabs
19. Cognizant
20. AT&T Inc.
21. CGI Group Inc.

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Regional Analysis:


After a comprehensive analysis of the political, economic, social, and technological factors impacting the Digital Transformation in Healthcare market across different regions, this report presents a detailed PESTLE analysis for the five major areas, namely North America, Europe, Asia Pacific, and the Middle East, Africa, and South America.

COVID-19 Impact Analysis on Digital Transformation in Healthcare Market:

The COVID-19 pandemic has significantly altered consumer behavior across all segments of society, prompting industries to adapt and revise their strategies to meet evolving market demands. This report provides an extensive overview of the impact of COVID-19 on the Digital Transformation in Healthcare market and offers insights to guide businesses in aligning with the new industry standards.

Key Questions Answered in the Digital Transformation in Healthcare Market Report:

What is the projected CAGR of the Digital Transformation in Healthcare market during the forecast period?
Which market category emerged as the leader in the Digital Transformation in Healthcare industry?
Who are the primary participants in the Digital Transformation in Healthcare market?
What is the anticipated size of the Digital Transformation in Healthcare market by 2027?
Which company dominates the Digital Transformation in Healthcare industry in terms of market share?

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Issued By MMR
Country India
Categories Technology
Tags digital transformation in healthcare market , digital transformation in healthcare market size , digital transformation in healthcare market share , digital transformation in healthcare market trend
Last Updated September 16, 2023