The global digital health market size is anticipated to reach USD 946.0 billion by 2030 and it is projected to grow at a CAGR of 21.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth driven by various factors. These include the proliferation of smartphones, advancements in internet connectivity, the development of IT infrastructure, increasing healthcare IT expenditures, overburdened healthcare facilities, a growing shortage of healthcare providers, rising demand for remote patient monitoring services, escalating medical costs, improved accessibility of virtual care services, and the increasing prevalence of chronic diseases. This growth is further propelled by the ongoing trend of digitalization in healthcare. This trend finds support in expanding public-private partnerships, emerging startups in the healthcare sector, and favorable initiatives undertaken by governments to promote digital health solutions.

Digital health encompasses diverse technologies such as telehealth services, health information technology, and mobile health (mHealth) to enhance communication within healthcare systems, fostering improved interactions between doctors and patients. The relevance of digital health technology has grown significantly, especially during the COVID-19 pandemic. These contemporary solutions enhance the patient-doctor relationship and extend preventive disease strategies. Furthermore, they contribute to a shift in healthcare towards value-based treatment, amplifying the accessibility of health information for both patients and healthcare providers.

Gather more insights about the market drivers, restrains and growth of the Global digital health market

Digital Health Market Report Highlights

• Based on component, the services segment accounted for largest revenue share in 2023, owing to the growing demand for services, such as installation, staffing, training, maintenance, and other services
• Based on technology, the tele-healthcare segment led the market with the largest revenue share of 43.2% in 2023, due to increasing preference for remote patient monitoring services and shortage of healthcare professionals
• Based on the application, the diabetes segment led the market with the largest share of 24.3% in 2023 and is expected to register the fastest CAGR over the forecast period. The obesity segment is the second largest in applications of the digital health market
• Based on the end-use, the patient segment held the largest market share of 34.1% in 2023 and is expected to witness the fastest CAGR during the forecast period
• North America dominated the market with a revenue share of 38.2% in 2023 due to the rapidly developing healthcare IT infrastructure, emergence of startups, growing funding options, and improving technological literacy

Browse through Grand View Research's Healthcare IT Industry Research Reports.

• Teleradiology Software Market: The global teleradiology software market size was valued at USD 2.0 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2030.
• Healthcare Payer BPO Market: The global healthcare payer BPO market size was valued at USD 32.4 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2030.

Digital Health Market Segmentation

Grand View Research has segmented the global digital health market based on technology, component, application, end-use, and region:

Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Tele-healthcare
  • Tele-care
  • Tele-health
• mHealth
  • Wearables & Connected Medical Devices
    • Vital Sign Monitoring Devices
    • Sleep Monitoring Devices
    • Electrocardiographs Fetal & Obstetric Devices
    • Neuromonitoring Devices
  • mHealth Apps
    • Medical Apps
    • Fitness Apps
  • Services
    • Monitoring Services
    • Diagnosis Services
    • Healthcare Systems Strengthening Services
    • Others
  • Digital Health Systems
    • EHR
    • E-prescribing Systems
  • Healthcare Analytics

Component Outlook (Revenue, USD Million, 2018 - 2030)

• Software
• Hardware
• Services

Application Outlook (Revenue, USD Million, 2018 - 2030)

• Obesity
• Diabetes
• Cardiovascular
• Respiratory Diseases
• Others

End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Patients
• Providers
• Payers
• Others

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Order a free sample PDF of the Digital Health Market Intelligence Study, published by Grand View Research.