Preference Change and Economic/Political Environmental Change.
• Digital Health Market Forecast including Production, Consumption, Import and Export Forecast
by Type, Applications and Region.
• Research Findings and Conclusion
Market Dynamics
Various combinations of factors makes market for digital health a lucrative. Larger number of
population crossing age 60 and above worldwide leads to higher requirement of healthcare
needs with more emphasis on long term care and chronic disease care. Developed markets such
as U.S. and Europe are especially witnessing higher number of population 65 and above.
According to the U.S. Census Bureau’s report of 2017, there were 47.8 million people aged 65
years and older in the U.S. in 2015 accounting for 14.9% of the total population, a 1.6 million
increase from that in 2014. Europe is currently having highest 65 years and above age
population which is 25% of entire population according to the Population Prospect Report of
the United Nations published in 2017. Tele Care and Tele Medicine are important digital health
platform for this population as they don’t have to take efforts of visiting physician in person.
Another important factor for growth of the digital health market would be high technological
penetration in the digital health domain. For instance, cloud based electronic medical record
which could be shared amongst entire healthcare stakeholders would make entire health
operation smooth and efficient.
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Key companies covered as a part of this study include Allscripts Health Solutions, Inc.
McKesson Corporation, Cerner Corporation, Siemens Healthineers, GE Healthcare, Koninklijke
Philips N.V., Qualcomm Inc., Proteus Digital Health, Inc., Athenahealth, Inc., Cisco Systems