Market New Research Digital Health Market Growth Rate, Key players, | Page 2
Growing geriatric population, particularly in the Asia Pacific region is predicted to fuel demand for digital health
services. Introduction of advanced digital health services such as electronic medical records, e-prescribing systems,
remote patient monitoring, and wearable electronic medical devices are forecasted to fuel market expansion in the
near future.
In addition, growing awareness among general population in regards to private equity and corporate venture capital
in the health IT sector is expected to favor market growth as well. However, rise in number of concerns for patient
data security owing to increase in cyber security threats and data breaches to gain unauthorized access to information
technology (IT) systems are major threat for sustained market growth. In addition, higher initial cost of installations
for technologically advanced systems is restraining market reach to a certain extent.
The market is broadly categorized into four major segments based on the application type such as m-Health, electronic
health record (EHR), telemedicine, and healthcare analytics. The m-Health is considered as one of the fastest growing
segment in the market with substantial revenue generation in the last few years. Growing popularity of the m-Health
segment is attributed to the higher market penetration and growing awareness among general population.
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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in healthcare sector,
increase in the number of research & development activities, rise in the number of incidences related to chronic
diseases, and existence of well-established medical infrastructure in the region.
Asia-Pacific region is predicted to hold the major market share in the digital health market with massive growth in
forecast period. Countries such as India, China, Japan, South Korea and Singapore are leading the Asia-Pacific market
with growing healthcare expenditure, rising number of medical facilities in the region, growing awareness among
general population, and significant investment by leading industry players considering potential growth opportunities
in the region.
The key players in the digital health market are Allscripts Healthcare Solutions Inc., McKesson Co., eClinicalWorks LLC,
Cisco Systems, Inc., Qualcomm, Inc., Philips Healthcare N.V., and AT&T, Inc.
Market Segment:
This report studies the global Digital Health market, analyzes and researches the Digital Health development status
and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in
global market, like
• Agfa-Gevaert