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Digital Health Market Size, Industry Analysis, and Forecast Report to 2026

February 14, 2020 by Shweta Khillari  

The Digital Health Market Research Report 2020 offers an industry insight such as profiling, the product outline, the quantity of production, size, the share of the market scenario forecast 2026. This report provides an in-depth study of key trends with segments at the global level. The report evaluates several aspects of the industry through Porter’s five forces analysis, market drivers, and restraints. In addition, the report discusses the key drivers influencing market growth, opportunities, the challenges, and the market share.

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the digital health market include Agfa-Gevaert N.V., AT&T Inc., Allscripts Healthcare Solutions Inc., Cerner Corp., GE Healthcare, McKesson Corp., Philips Healthcare, Cisco Systems, Siemens Healthineers. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

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Market Dynamics

The rapid technological advancements in healthcare IT such as cloud-based storage system and increasing adoption of smartphones and tablets by healthcare professionals to track and monitor patient health and history are major factors driving market growth. However, rising security concerns for patient data such as cybersecurity threats, privacy breach including uncoordinated individual attempts are expected to hinder digital health market growth over the coming years. Whereas, increasing venture capital funding including private equity and corporate venture capital in the health IT sector will escalate the market growth over the forecast timeframe.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of digital health.

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Market Segmentation

The broad digital health market has been sub-grouped into product type, component and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Product Type

·         Healthcare Information Systems

·         Wearable Devices

By Component

·         Hardware

·         Software

·         Services

By End User

·         B2B

·         B2C

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for digital health in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

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