The global digital health market is growing at a significant rate, due to Escalating penetration of smartphone and tablet users, and mounting occurrence of chronic and lifestyle associated diseases such as cardiovascular diseases.

Different technologies such as mhealth, electronic health record (EHR), healthcare analytics, and telemedicine contributed to the digital health market size. The market has witnessed a high demand for mhealth in the coming years due to mounting alertness about advanced applications and government schemes for the employment of mhealth technology.

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Escalating penetration of smartphone and tablet users, refining healthcare IT infrastructure, expanding the geriatric population, enlarging acceptance of patient-centric EHR system, innovative application of mhealth technologies, mounting financing by healthcare information technology players, and escalating need of remote patient monitoring services are the primary growth drivers for digital health market.

The mounting occurrence of chronic and lifestyle associated diseases such as cardiovascular disorders, government support for digital health solution, amplifying requirement for a progressive and innovative healthcare information system, and escalating acceptance of cloud-based system are also facilitating the growth for the digital health market.

North America is the largest digital health market as in the region the occurrence of chronic and lifestyle associated diseases is increasing, and favorable government initiatives.

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Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population, and refining healthcare IT infrastructure.

Qualcomm Incorporated, athenahealth Inc., Cisco Systems Inc., Cerner Corporation, McKesson Corporation, Koninklijke Philips N.V., eClinicalWorks LLC, AT&T Inc., Allscripts Healthcare Solutions Inc., Epic Systems Corporation, and General Electric Company are the key players offering digital health.

Source: VynZ Research