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DIGITAL HEALTH MARKET Global Opportunity Analysis and Industry Forecast, 2021-2030 2021 JUNE AUTHOR(S): Sagar Mukhekar Linu Dash & Onkar Sumant PAGES: 255 REPORT CODE: A10934 INDUSTRY: Life Sciences +1-800-792-5285 U.S.: +1-503-894-6022 UK.: +44-845-528-1300 [email protected] 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States.

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Page 1: DIGITAL HEALTH MARKET

DIGITAL HEALTH MARKET Global Opportunity Analysis and Industry Forecast, 2021-2030

2021 JUNE

AUTHOR(S):

Sagar Mukhekar Linu Dash & Onkar Sumant

PAGES:

255

REPORT CODE:

A10934

INDUSTRY:

Life Sciences

+1-800-792-5285

U.S.: +1-503-894-6022

UK.: +44-845-528-1300

[email protected]

5933 NE Win Sivers Drive,

#205, Portland, OR 97220,

United States.

Page 2: DIGITAL HEALTH MARKET

Global Digital

Health Market

Opportunity Analysis

and Industry Forecast,

2021-2030

GO TO TOC Copyright © Allied Market Research | [email protected] | www.alliedmarketresearch.com 2

ABOUT US

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Page 3: DIGITAL HEALTH MARKET

Global Digital

Health Market

Opportunity Analysis

and Industry Forecast,

2021-2030

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LICENSE TERMS & CONDITIONS:

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Global Digital

Health Market

Opportunity Analysis

and Industry Forecast,

2021-2030

GO TO TOC Copyright © Allied Market Research | [email protected] | www.alliedmarketresearch.com 4

RELATED REPORTS

e-Health Market – Global Opportunity Analysis and Industry Forecast, 2020-2027

Global e-health market was valued at $74,476.4 million in 2019, and is estimated to reach at $2,30,640.4 million

by 2027, registering a CAGR of 14.5% from 2020 to 2027. e-Health are defined as the use of information and

communication technology (ICT) in the healthcare sector. It has been widely used in the form of medical health

records, telemedicine and medical app. The increase in prevalence of chronic disease disease, and a rise in

government initiatives supporting the use of e-health solution & services propel the growth of the market.

mHealth Market– Global Opportunity Analysis and Industry Forecast, 2020-2027

mHealth is defined as a medical and public health practice supported by the smartphone. These devices are used

to collect and store the patient information in order to obtain accurate results. mHealth offers remote monitoring

services and used in various clinical fields such as respiratory disease. The increase in prevalence of lifestyle

disease and favorable government initiative propels the growth of the market. The global mHealth market was

valued at $46,048 million in 2019, and is estimated to reach $230,419 million by 2027, registering a CAGR of

22.3% from 2020 to 2027.

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Global Digital

Health Market

Opportunity Analysis

and Industry Forecast,

2021-2030

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TABLE OF CONTENTS

CHAPTER 1: INTRODUCTION ....................................................................................... 31

1.1. Report description .................................................................................................... 31

1.2. Key benefits for stakeholders .................................................................................. 34

1.3. Key market segments ............................................................................................... 35

1.4. Research methodology ............................................................................................ 38

1.4.1. Secondary research................................................................................................................ 40

1.4.2. Primary research ..................................................................................................................... 40

1.4.3. Analyst tools and models .................................................................................................... 41

CHAPTER 2: EXECUTIVE SUMMARY ............................................................................ 42

2.1. Key findings of the study ......................................................................................... 44

2.2. CXO perspective ........................................................................................................ 45

CHAPTER 3: MARKET LANDSCAPE ............................................................................. 46

3.1. Market definition and scope ................................................................................... 46

3.2. Key findings ............................................................................................................... 48

3.2.1. Top investment pockets ...................................................................................................... 48

3.2.2. Top winning strategies ......................................................................................................... 49

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3.3. Porter’s five forces analysis ..................................................................................... 53

3.4. Top player positioning, 2020 ................................................................................... 58

3.5. Market dynamics ...................................................................................................... 59

3.5.1. Drivers ......................................................................................................................................... 59

3.5.1.1. Increase in prevalence of chronic disease ............................................................... 59

3.5.1.2. Favorable government initiatives for digital health ............................................. 60

3.5.1.3. Advancement in technology in digital healthcare ............................................... 61

3.5.1.4. Increase in demand for mHealth and wearable devices .................................... 62

3.5.2. Restraint ..................................................................................................................................... 63

3.5.2.1. Concerns related to ensuring regulatory compliance ........................................ 63

3.5.3. Opportunity .............................................................................................................................. 63

3.5.3.1. Increase in adoption of digital health devices and technologies .................. 63

3.5.4. Impact analysis ........................................................................................................................ 64

3.6. Impact analysis of COVID-19 on the digital health market .................................. 66

CHAPTER 4: DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE ................... 68

4.1. Overview .................................................................................................................... 68

4.1.1. Market size and forecast ..................................................................................................... 68

4.2. mHealth ..................................................................................................................... 69

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4.2.1. Key market trends, growth factors, and opportunities ........................................... 69

4.2.2. mHealth, by type .................................................................................................................... 70

4.2.2.1. Market size and forecast ................................................................................................. 70

4.2.3. mHealth, by mHealth devices ............................................................................................ 71

4.2.3.1. Market size and forecast ................................................................................................. 71

4.2.3.2. Blood glucose meter ......................................................................................................... 72

4.2.3.2.1. Market size and forecast .......................................................................... 72

4.2.3.3. BP monitors ........................................................................................................................... 72

4.2.3.3.1. Market size and forecast .......................................................................... 73

4.2.3.4. Pulse oximetry ...................................................................................................................... 73

4.2.3.4.1. Market size and forecast .......................................................................... 74

4.2.3.5. Neurological monitor ....................................................................................................... 74

4.2.3.5.1. Market size and forecast .......................................................................... 75

4.2.3.6. Cardiac monitor ................................................................................................................... 75

4.2.3.6.1. Market size and forecast .......................................................................... 76

4.2.3.7. Apnea & sleep monitors ................................................................................................. 76

4.2.3.7.1. Market size and forecast .......................................................................... 76

4.2.3.8. Wearable fitness sensor device & heart rate meters .......................................... 76

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4.2.3.8.1. Market size and forecast .......................................................................... 77

4.2.3.9. Others ...................................................................................................................................... 77

4.2.3.9.1. Market size and forecast .......................................................................... 77

4.2.4. mHealth, by mHealth services ........................................................................................... 78

4.2.4.1. Market size and forecast ................................................................................................. 78

4.2.4.2. Prevention services ............................................................................................................ 79

4.2.4.2.1. Market size and forecast .......................................................................... 79

4.2.4.3. Diagnostic services............................................................................................................. 79

4.2.4.3.1. Market size and forecast .......................................................................... 80

4.2.4.4. Monitoring services ........................................................................................................... 80

4.2.4.4.1. Market size and forecast .......................................................................... 81

4.2.4.5. Treatment services ............................................................................................................. 81

4.2.4.5.1. Market size and forecast .......................................................................... 82

4.2.4.6. Wellness & healthcare system strengthening solutions .................................... 82

4.2.4.6.1. Market size and forecast .......................................................................... 83

4.2.5. Market size and forecast, by region ............................................................................... 83

4.2.6. Market analysis, by country ................................................................................................ 84

4.3. eHealth....................................................................................................................... 85

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4.3.1. Key market trends, growth factors, and opportunities ........................................... 86

4.3.2. eHealth, by type ...................................................................................................................... 86

4.3.2.1. Market size and forecast ................................................................................................. 87

4.3.2.2. Electronic health records (EHR) .................................................................................... 88

4.3.2.2.1. Market size and forecast .......................................................................... 88

4.3.2.3. Vendor neutral archive (VNA) and picture archiving &

communications systems (PACS) ................................................................................. 88

4.3.2.3.1. Market size and forecast .......................................................................... 89

4.3.2.4. Laboratory information systems (LIS) ........................................................................ 89

4.3.2.4.1. Market size and forecast .......................................................................... 90

4.3.2.5. Telehealth .............................................................................................................................. 90

4.3.2.5.1. Market size and forecast .......................................................................... 90

4.3.2.6. Prescribing solutions ......................................................................................................... 90

4.3.2.6.1. Market size and forecast .......................................................................... 91

4.3.2.7. Medical apps ........................................................................................................................ 91

4.3.2.7.1. Market size and forecast .......................................................................... 91

4.3.2.8. Clinical decision support systems (CDSS) ................................................................ 92

4.3.2.8.1. Market size and forecast .......................................................................... 92

4.3.2.9. Pharmacy information systems .................................................................................... 92

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4.3.2.9.1. Market size and forecast .......................................................................... 93

4.3.2.10. Others ...................................................................................................................................... 93

4.3.2.10.1. Market size and forecast .......................................................................... 93

4.3.3. Market size and forecast, by region ............................................................................... 94

4.3.4. Market analysis, by country ................................................................................................ 95

CHAPTER 5: DIGITAL HEALTH MARKET, BY COMPONENT ...................................... 96

5.1. Overview .................................................................................................................... 96

5.1.1. Market size and forecast ..................................................................................................... 97

5.2. Software .................................................................................................................... 98

5.2.1. Key market trends, growth factors, and opportunities ........................................... 98

5.2.2. Market size and forecast, by region ............................................................................... 99

5.2.3. Market analysis, by country .............................................................................................. 100

5.3. Hardware ................................................................................................................. 101

5.3.1. Key market trends, growth factors, and opportunities ......................................... 101

5.3.2. Market size and forecast, by region ............................................................................. 102

5.3.3. Market analysis, by country .............................................................................................. 103

5.4. Services .................................................................................................................... 104

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5.4.1. Key market trends, growth factors, and opportunities ......................................... 105

5.4.2. Market size and forecast, by region ............................................................................. 105

5.4.3. Market analysis, by country .............................................................................................. 106

CHAPTER 6: DIGITAL HEALTH MARKET, BY END USER.......................................... 108

6.1. Overview .................................................................................................................. 108

6.1.1. Market size and forecast ................................................................................................... 108

6.2. Healthcare providers .............................................................................................. 110

6.2.1. Key market trends, growth factors, and opportunities ......................................... 110

6.2.2. Market size and forecast, by region ............................................................................. 111

6.2.3. Market analysis, by country .............................................................................................. 112

6.3. Payers ....................................................................................................................... 114

6.3.1. Key market trends, growth factors, and opportunities ......................................... 114

6.3.2. Market size and forecast, by region ............................................................................. 115

6.3.3. Market analysis, by country .............................................................................................. 116

6.4. Healthcare consumers ............................................................................................ 118

6.4.1. Key market trends, growth factors, and opportunities ......................................... 118

6.4.2. Market size and forecast, by region ............................................................................. 118

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6.4.3. Market analysis, by country .............................................................................................. 120

6.5. Others ...................................................................................................................... 121

6.5.1. Key market trends, growth factors, and opportunities ......................................... 122

6.5.2. Market size and forecast, by region ............................................................................. 122

6.5.3. Market analysis, by country .............................................................................................. 123

CHAPTER 7: DIGITAL HEALTH MARKET, BY REGION ............................................. 125

7.1. Overview .................................................................................................................. 125

7.1.1. Market size and forecast ................................................................................................... 126

7.2. North America ......................................................................................................... 127

7.2.1. Key market trends, growth factors, and opportunities ......................................... 128

7.2.2. North America digital health market, by product and service .......................... 129

7.2.3. North America digital health market, by component ........................................... 130

7.2.4. North America digital health market, by end user ................................................. 131

7.2.5. Market size and forecast, by country ........................................................................... 132

7.2.5.1. U.S. ......................................................................................................................................... 133

7.2.5.1.1. U.S. digital health market, by product and service .................... 133

7.2.5.1.2. U.S. digital health market, by component ..................................... 134

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7.2.5.1.3. U.S. digital health market, by end user ........................................... 135

7.2.5.2. Canada ................................................................................................................................. 136

7.2.5.2.1. Canada digital health market, by product and service ............. 136

7.2.5.2.2. Canada digital health market, by component .............................. 137

7.2.5.2.3. Canada digital health market, by end user .................................... 138

7.2.5.3. Mexico .................................................................................................................................. 139

7.2.5.3.1. Mexico digital health market, by product and service ............. 139

7.2.5.3.2. Mexico digital health market, by component .............................. 140

7.2.5.3.3. Mexico digital health market, by end user .................................... 141

7.3. Europe ...................................................................................................................... 142

7.3.1. Key market trends, growth factors, and opportunities ......................................... 142

7.3.2. Europe digital health market, by product and service .......................................... 143

7.3.3. Europe digital health market, by component ........................................................... 144

7.3.4. Europe digital health market, by end user ................................................................. 145

7.3.5. Market size and forecast, by country ........................................................................... 146

7.3.5.1. Germany .............................................................................................................................. 147

7.3.5.1.1. Germany digital health market, by product and service.......... 147

7.3.5.1.2. Germany digital health market, by component........................... 148

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7.3.5.1.3. Germany digital health market, by end user ................................ 149

7.3.5.2. France ................................................................................................................................... 150

7.3.5.2.1. France digital health market, by product and service ............... 150

7.3.5.2.2. France digital health market, by component ................................ 151

7.3.5.2.3. France digital health market, by end user ...................................... 152

7.3.5.3. UK ........................................................................................................................................... 153

7.3.5.3.1. UK digital health market, by product and service ...................... 153

7.3.5.3.2. UK digital health market, by component ....................................... 154

7.3.5.3.3. UK digital health market, by end user ............................................. 155

7.3.5.4. Italy ........................................................................................................................................ 156

7.3.5.4.1. Italy digital health market, by product and service .................... 156

7.3.5.4.2. Italy digital health market, by component ..................................... 157

7.3.5.4.3. Italy digital health market, by end user ........................................... 158

7.3.5.5. Spain ..................................................................................................................................... 159

7.3.5.5.1. Spain digital health market, by product and service ................. 159

7.3.5.5.2. Spain digital health market, by component .................................. 160

7.3.5.5.3. Spain digital health market, by end user ........................................ 161

7.3.5.6. Rest of Europe................................................................................................................... 162

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7.3.5.6.1. Rest of Europe digital health market, by product and

service ............................................................................................................ 162

7.3.5.6.2. Rest of Europe digital health market, by component ............... 163

7.3.5.6.3. Rest of Europe digital health market, by end user ..................... 164

7.4. Asia-Pacific .............................................................................................................. 165

7.4.1. Key market trends, growth factors, and opportunities ......................................... 166

7.4.2. Asia-Pacific digital health market, by product and service ................................. 167

7.4.3. Asia-Pacific digital health market, by component .................................................. 167

7.4.4. Asia-Pacific digital health market, by end user ........................................................ 169

7.4.5. Market size and forecast, by country ........................................................................... 170

7.4.5.1. Japan ..................................................................................................................................... 171

7.4.5.1.1. Japan digital health market, by product and service ................ 171

7.4.5.1.2. Japan digital health market, by component ................................. 172

7.4.5.1.3. Japan digital health market, by end user ....................................... 173

7.4.5.2. China ..................................................................................................................................... 174

7.4.5.2.1. China digital health market, by product and service ................ 174

7.4.5.2.2. China digital health market, by component ................................. 175

7.4.5.2.3. China digital health market, by end user ....................................... 176

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7.4.5.3. Australia ............................................................................................................................... 177

7.4.5.3.1. Australia digital health market, by product and service .......... 177

7.4.5.3.2. Australia digital health market, by component ........................... 178

7.4.5.3.3. Australia digital health market, by end user ................................. 179

7.4.5.4. India ....................................................................................................................................... 180

7.4.5.4.1. India digital health market, by product and service .................. 180

7.4.5.4.2. India digital health market, by component ................................... 181

7.4.5.4.3. India digital health market, by end user ......................................... 182

7.4.5.5. Rest of Asia-Pacific .......................................................................................................... 183

7.4.5.5.1. Rest of Asia-Pacific digital health market, by product

and service ................................................................................................... 183

7.4.5.5.2. Rest of Asia-Pacific digital health market, by

component .................................................................................................. 184

7.4.5.5.3. Rest of Asia-Pacific digital health market, by end user ............ 185

7.5. LAMEA ..................................................................................................................... 186

7.5.1. Key market trends, growth factors, and opportunities ......................................... 186

7.5.2. LAMEA digital health market, by product and service .......................................... 187

7.5.3. LAMEA digital health market, by component ........................................................... 188

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7.5.4. LAMEA digital health market, by end user ................................................................. 189

7.5.5. Market size and forecast, by country ........................................................................... 190

7.5.5.1. Brazil ...................................................................................................................................... 191

7.5.5.1.1. Brazil digital health market, by product and service ................. 191

7.5.5.1.2. Brazil digital health market, by component .................................. 192

7.5.5.1.3. Brazil digital health market, by end user ........................................ 193

7.5.5.2. Saudi Arabia ....................................................................................................................... 194

7.5.5.2.1. Saudi Arabia digital health market, by product and

service ............................................................................................................ 194

7.5.5.2.2. Saudi Arabia digital health market, by component ................... 195

7.5.5.2.3. Saudi Arabia digital health market, by end user ......................... 196

7.5.5.3. South Africa ........................................................................................................................ 197

7.5.5.3.1. South Africa digital health market, by product and

service ............................................................................................................ 197

7.5.5.3.2. South Africa digital health market, by component .................... 198

7.5.5.3.3. South Africa digital health market, by end user .......................... 199

7.5.5.4. Rest of LAMEA .................................................................................................................. 200

7.5.5.4.1. Rest of LAMEA digital health market, by product and

service ............................................................................................................ 200

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7.5.5.4.2. Rest of LAMEA digital health market, by component ............... 201

7.5.5.4.3. Rest of LAMEA digital health market, by end user ..................... 202

CHAPTER 8: COMPANY PROFILES ............................................................................. 203

8.1. ALLSCRIPTS HEALTHCARE SOLUTIONS INC. ....................................................... 203

8.1.1. Company overview .............................................................................................................. 203

8.1.2. Company snapshot .............................................................................................................. 204

8.1.3. Operating business segments ......................................................................................... 204

8.1.4. Product portfolio .................................................................................................................. 205

8.1.5. Business performance......................................................................................................... 206

8.1.6. Key strategic moves and developments ..................................................................... 208

8.2. CERNER CORPORATION ......................................................................................... 209

8.2.1. Company overview .............................................................................................................. 209

8.2.2. Company snapshot .............................................................................................................. 210

8.2.3. Operating business segments ......................................................................................... 211

8.2.4. Product portfolio .................................................................................................................. 211

8.2.5. Business performance......................................................................................................... 212

8.2.6. Key strategic moves and developments ..................................................................... 213

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8.3. CISCO SYSTEMS ...................................................................................................... 214

8.3.1. Company overview .............................................................................................................. 214

8.3.2. Company snapshot .............................................................................................................. 215

8.3.3. Operating business segments ......................................................................................... 215

8.3.4. Product portfolio .................................................................................................................. 216

8.3.5. Business performance......................................................................................................... 217

8.4. ECLINICALWORKS ................................................................................................... 219

8.4.1. Company overview .............................................................................................................. 219

8.4.2. Company snapshot .............................................................................................................. 220

8.4.3. Operating business segments ......................................................................................... 220

8.4.4. Product portfolio .................................................................................................................. 221

8.4.5. Key strategic moves and developments ..................................................................... 221

8.5. GENERAL ELECTRIC COMPANY ............................................................................. 222

8.5.1. Company overview .............................................................................................................. 222

8.5.2. Company snapshot .............................................................................................................. 223

8.5.3. Operating business segments ......................................................................................... 223

8.5.4. Product portfolio .................................................................................................................. 224

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8.5.5. Business performance......................................................................................................... 225

8.5.6. Key strategic moves and developments ..................................................................... 227

8.6. HONEYWELL INTERNATIONAL INC. ..................................................................... 228

8.6.1. Company overview .............................................................................................................. 228

8.6.2. Company snapshot .............................................................................................................. 229

8.6.3. Operating business segments ......................................................................................... 229

8.6.4. Product portfolio .................................................................................................................. 230

8.6.5. Business performance......................................................................................................... 231

8.7. KONINKLIJKE PHILIPS N.V. .................................................................................... 233

8.7.1. Company overview .............................................................................................................. 233

8.7.2. Company snapshot .............................................................................................................. 234

8.7.3. Operating business segments ......................................................................................... 234

8.7.4. Product portfolio .................................................................................................................. 235

8.7.5. Business performance......................................................................................................... 236

8.7.6. Key strategic moves and developments ..................................................................... 238

8.8. MCKESSON CORPORATION ................................................................................... 239

8.8.1. Company overview .............................................................................................................. 239

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8.8.2. Company snapshot .............................................................................................................. 240

8.8.3. Operating business segments ......................................................................................... 240

8.8.4. Product portfolio .................................................................................................................. 241

8.8.5. Business performance......................................................................................................... 242

8.9. QUALCOMM TECHNOLOGIES, INC. ....................................................................... 244

8.9.1. Company overview .............................................................................................................. 244

8.9.2. Company snapshot .............................................................................................................. 244

8.9.3. Operating business segments ......................................................................................... 245

8.9.4. Product portfolio .................................................................................................................. 246

8.9.5. Business performance......................................................................................................... 247

8.10. SIEMENS HEALTHINEERS AG ................................................................................. 249

8.10.1. Company overview .............................................................................................................. 249

8.10.2. Company snapshot .............................................................................................................. 250

8.10.3. Operating business segments ......................................................................................... 250

8.10.4. Product portfolio .................................................................................................................. 251

8.10.5. Business performance......................................................................................................... 252

8.10.6. Key strategic moves and developments ..................................................................... 254

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LIST OF TABLES

TABLE 01. GLOBAL DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ................................. 69

TABLE 02. MHEALTH MARKET, BY TYPE, 2020-2030 ($MILLION) .............................................................................................. 70

TABLE 03. DIGITAL HEALTH MARKET, BY MHEALTH DEVICES TYPE, 2020-2030 ($MILLION) ............................................... 71

TABLE 04. MHEALTH MARKET, BY MHEALTH SERVICES, 2020-2030 ($MILLION) ................................................................... 78

TABLE 05. MHEALTH DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) ........................................................... 84

TABLE 06. MHEALTH MARKET, BY TYPE, 2020-2030 ($MILLION) .............................................................................................. 87

TABLE 07. EHEALTH DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) ............................................................ 94

TABLE 08. GLOBAL DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) .................................................... 97

TABLE 09. SOFTWARE DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) ........................................................ 99

TABLE 10. HARDWARE DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) ................................................... 103

TABLE 11. SERVICES DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) ....................................................... 106

TABLE 12. GLOBAL DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ...................................................... 109

TABLE 13. HEALTHCARE PROVIDERS DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) ........................... 111

TABLE 14. PAYERS DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION)........................................................... 115

TABLE 15. HEALTHCARE CONSUMERS DIGITAL HEALTH, BY REGION, 2020-2030 ($MILLION) ......................................... 119

TABLE 16. OTHERS DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) .......................................................... 123

TABLE 17. DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION) .......................................................................... 126

TABLE 18. NORTH AMERICA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .............. 129

TABLE 19. NORTH AMERICA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................. 130

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TABLE 20. NORTH AMERICA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ...................................... 131

TABLE 21. NORTH AMERICA DIGITAL HEALTH MARKET, BY COUNTRY, 2020-2030 ($MILLION) ....................................... 132

TABLE 22. U.S. DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ..................................... 133

TABLE 23. U.S. DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ......................................................... 134

TABLE 24. U.S. DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) .............................................................. 135

TABLE 25. CANADA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ............................. 136

TABLE 26. CANADA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION)................................................. 137

TABLE 27. CANADA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ..................................................... 138

TABLE 28. MEXICO DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .............................. 139

TABLE 29. MEXICO DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) .................................................. 140

TABLE 30. MEXICO DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ....................................................... 141

TABLE 31. EUROPE DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION).............................. 143

TABLE 32. EUROPE DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................................. 144

TABLE 33. EUROPE DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ...................................................... 145

TABLE 34. EUROPE DIGITAL HEALTH MARKET, BY COUNTRY, 2020-2030 ($MILLION) ....................................................... 146

TABLE 35. GERMANY DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .......................... 147

TABLE 36. GERMANY DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ............................................. 148

TABLE 37. GERMANY DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) .................................................. 149

TABLE 38. FRANCE DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .............................. 150

TABLE 39. FRANCE DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................................. 151

TABLE 40. FRANCE DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ...................................................... 152

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TABLE 41. UK DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ....................................... 153

TABLE 42. UK DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ........................................................... 154

TABLE 43. UK DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ................................................................ 155

TABLE 44. ITALY DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .................................. 156

TABLE 45. ITALY DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ...................................................... 157

TABLE 46. ITALY DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ........................................................... 158

TABLE 47. SPAIN DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ................................. 159

TABLE 48. SPAIN DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ..................................................... 160

TABLE 49. SPAIN DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ......................................................... 161

TABLE 50. REST OF EUROPE DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ............. 162

TABLE 51. REST OF EUROPE DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................. 163

TABLE 52. REST OF EUROPE DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ...................................... 164

TABLE 53. ASIA-PACIFIC DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ..................... 167

TABLE 54. ASIA-PACIFIC DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ........................................ 168

TABLE 55. ASIA-PACIFIC DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ............................................. 169

TABLE 56. ASIA-PACIFIC DIGITAL HEALTH MARKET, BY COUNTRY, 2020-2030 ($MILLION) .............................................. 170

TABLE 57. JAPAN DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION)................................. 171

TABLE 58. JAPAN DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) .................................................... 172

TABLE 59. JAPAN DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ......................................................... 173

TABLE 60. CHINA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ................................. 174

TABLE 61. CHINA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) .................................................... 175

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TABLE 62. CHINA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ......................................................... 176

TABLE 63. AUSTRALIA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ........................ 177

TABLE 64. AUSTRALIA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ............................................ 178

TABLE 65. AUSTRALIA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ................................................ 179

TABLE 66. INDIA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .................................. 180

TABLE 67. INDIA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ...................................................... 181

TABLE 68. INDIA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION)........................................................... 182

TABLE 69. REST OF ASIA-PACIFIC DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030

($MILLION)...................................................................................................................................................................... 183

TABLE 70. REST OF ASIA-PACIFIC DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ........................ 184

TABLE 71. REST OF ASIA-PACIFIC DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ............................. 185

TABLE 72. LAMEA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ................................ 187

TABLE 73. LAMEA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................................... 188

TABLE 74. LAMEA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ........................................................ 189

TABLE 75. LAMEA DIGITAL HEALTH MARKET, BY COUNTRY, 2020-2030 ($MILLION) ......................................................... 190

TABLE 76. BRAZIL DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ............................... 191

TABLE 77. BRAZIL DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................................... 192

TABLE 78. BRAZIL DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ........................................................ 193

TABLE 79. SAUDI ARABIA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .................. 194

TABLE 80. SAUDI ARABIA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ...................................... 195

TABLE 81. SAUDI ARABIA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ........................................... 196

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TABLE 82. SOUTH AFRICA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) .................. 197

TABLE 83. SOUTH AFRICA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ..................................... 198

TABLE 84. SOUTH AFRICA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) .......................................... 199

TABLE 85. REST OF LAMEA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION) ................ 200

TABLE 86. REST OF LAMEA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION) ................................... 201

TABLE 87. REST OF LAMEA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION) ........................................ 202

TABLE 88. ALLSCRIPTS: COMPANY SNAPSHOT .......................................................................................................................... 204

TABLE 89. ALLSCRIPTS: OPERATING SEGMENTS ....................................................................................................................... 204

TABLE 90. ALLSCRIPTS: PRODUCT PORTFOLIO .......................................................................................................................... 205

TABLE 91. CERNER: COMPANY SNAPSHOT ................................................................................................................................. 210

TABLE 92. CERNER: OPERATING SEGMENTS .............................................................................................................................. 211

TABLE 93. CERNER: PRODUCT PORTFOLIO ................................................................................................................................. 211

TABLE 94. CISCO: COMPANY SNAPSHOT ..................................................................................................................................... 215

TABLE 95. CISCO: OPERATING SEGMENTS .................................................................................................................................. 215

TABLE 96. CISCO: PRODUCT PORTFOLIO ..................................................................................................................................... 216

TABLE 97. ECLINICALWORKS: COMPANY SNAPSHOT ................................................................................................................ 220

TABLE 98. ECLINICALWORKS: OPERATING SEGMENTS ............................................................................................................. 220

TABLE 99. ECLINICALWORKS: PRODUCT PORTFOLIO ................................................................................................................ 221

TABLE 100. GE: COMPANY SNAPSHOT ........................................................................................................................................... 223

TABLE 101. GE: OPERATING SEGMENTS......................................................................................................................................... 223

TABLE 102. GE: PRODUCT PORTFOLIO............................................................................................................................................ 224

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TABLE 103. HONEYWELL: COMPANY SNAPSHOT .......................................................................................................................... 229

TABLE 104. HONEYWELL: OPERATING SEGMENTS ....................................................................................................................... 229

TABLE 105. HONEYWELL: PRODUCT PORTFOLIO .......................................................................................................................... 230

TABLE 106. PHILIPS: COMPANY SNAPSHOT .................................................................................................................................. 234

TABLE 107. PHILIPS: OPERATING SEGMENTS ............................................................................................................................... 234

TABLE 108. PHILIPS: PRODUCT PORTFOLIO .................................................................................................................................. 235

TABLE 109. MCKESSON: COMPANY SNAPSHOT............................................................................................................................ 240

TABLE 110. MCKESSON: OPERATING SEGMENTS ......................................................................................................................... 240

TABLE 111. MCKESSON: PRODUCT PORTFOLIO ............................................................................................................................ 241

TABLE 112. QUALCOMM: COMPANY SNAPSHOT ........................................................................................................................... 244

TABLE 113. QUALCOMM: OPERATING SEGMENTS ........................................................................................................................ 245

TABLE 114. QUALCOMM: PRODUCT PORTFOLIO ........................................................................................................................... 246

TABLE 115. SIEMENS: COMPANY SNAPSHOT ................................................................................................................................ 250

TABLE 116. SIEMENS: OPERATING SEGMENTS ............................................................................................................................. 250

TABLE 117. SIEMENS: PRODUCT PORTFOLIO ................................................................................................................................ 251

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LIST OF FIGURES

FIGURE 01. DIGITAL HEALTH MARKET SEGMENTATION ................................................................................................................. 47

FIGURE 02. TOP INVESTMENT POCKETS............................................................................................................................................ 48

FIGURE 03. TOP WINNING STRATEGIES, BY YEAR, 2019–2021 ................................................................................................... 50

FIGURE 04. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 ................................................................................. 51

FIGURE 05. TOP WINNING STRATEGIES, BY COMPANY, 2019–2021 .......................................................................................... 52

FIGURE 06. MODERATE BARGAINING POWER OF SUPPLIERS ...................................................................................................... 53

FIGURE 07. MODERATE BARGAINING POWER OF BUYERS ............................................................................................................ 54

FIGURE 08. MODERATE THREAT OF SUBSTITUTES .......................................................................................................................... 55

FIGURE 09. HIGH THREAT OF NEW ENTRANTS ................................................................................................................................ 56

FIGURE 10. MODERATE INTENSITY OF RIVALRY .............................................................................................................................. 57

FIGURE 11. TOP PLAYER POSITIONING, 2020.................................................................................................................................. 58

FIGURE 12. IMPACT ANALYSIS ............................................................................................................................................................ 65

FIGURE 13. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR MHEALTH, BY COUNTRY,

2020-2030 (%) ................................................................................................................................................................. 85

FIGURE 14. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR EHEALTH, BY COUNTRY,

2020-2030 (%) ................................................................................................................................................................. 95

FIGURE 15. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR SOFTWARE, BY COUNTRY,

2020-2030 (%) .............................................................................................................................................................. 100

FIGURE 16. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR HARDWARE, BY COUNTRY,

2020-2030 (%) .............................................................................................................................................................. 104

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FIGURE 17. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR SERVICES, BY COUNTRY,

2020-2030 (%) .............................................................................................................................................................. 107

FIGURE 18. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR HEALTHCARE PROVIDERS,

BY COUNTRY, 2020-2030 (%) ..................................................................................................................................... 113

FIGURE 19. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR PAYERS, BY COUNTRY, 2020-2030 (%) ......... 117

FIGURE 20. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR HEALTHCARE CONSUMERS,

BY COUNTRY, 2020-2030 (%) .................................................................................................................................... 121

FIGURE 21. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR OTHERS, BY COUNTRY, 2020-2030 (%) ......... 124

FIGURE 22. ALLSCRIPTS: NET SALES, 2018–2020 ($MILLION) ................................................................................................. 206

FIGURE 23. ALLSCRIPTS: REVENUE SHARE BY SEGMENT, 2020 (%) ........................................................................................ 207

FIGURE 24. ALLSCRIPTS: REVENUE SHARE BY REGION, 2020 (%) ............................................................................................ 207

FIGURE 25. CERNER: NET SALES, 2018–2020 ($MILLION) ........................................................................................................ 212

FIGURE 26. CERNER: REVENUE SHARE BY SEGMENT, 2020 (%) ............................................................................................... 213

FIGURE 27. CISCO: NET SALES, 2018–2020 ($MILLION) ............................................................................................................ 217

FIGURE 28. CISCO: REVENUE SHARE BY SEGMENT, 2020 (%) ................................................................................................... 218

FIGURE 29. CISCO: REVENUE SHARE BY REGION, 2020 (%) ....................................................................................................... 218

FIGURE 30. GE NET SALES, 2018–2020, ($MILLION) .................................................................................................................. 225

FIGURE 31. GE: REVENUE SHARE BY SEGMENTS, 2020 (%) ....................................................................................................... 226

FIGURE 32. GE: REVENUE SHARE, BY REGION, 2020 (%) ............................................................................................................ 226

FIGURE 33. HONEYWELL: NET SALES, 2018–2020, ($MILLION) ............................................................................................... 231

FIGURE 34. HONEYWELL: REVENUE SHARE BY SEGMENT, 2020, ($MILLION) ........................................................................ 232

FIGURE 35. HONEYWELL: REVENUE SHARE BY REGION, 2020 (%) ........................................................................................... 232

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FIGURE 36. NET SALES, 2018-2020, ($MILLION) ......................................................................................................................... 236

FIGURE 37. PHILIPS: REVENUE SHARE BY SEGMENT, 2020 (%) ................................................................................................ 237

FIGURE 38. PHILIPS: REVENUE SHARE, BY REGION, 2020 (%) .................................................................................................. 237

FIGURE 39. MCKESSON: NET SALES, 2018–2020, ($MILLION) ................................................................................................. 242

FIGURE 40. MCKESSON: REVENUE SHARE BY SEGMENT, 2020, ($MILLION) .......................................................................... 243

FIGURE 41. MCKESSON: REVENUE SHARE BY REGION, 2020 (%) ............................................................................................. 243

FIGURE 42. QUALCOMM: REVENUE, 2018–2020 ($MILLION) .................................................................................................... 247

FIGURE 43. QUALCOMM: REVENUE SHARE BY SEGMENT, 2020 (%) ......................................................................................... 248

FIGURE 44. QUALCOMM: REVENUE SHARE BY REGION, 2020 (%) ............................................................................................ 248

FIGURE 45. SIEMENS: NET SALES, 2018–2020, ($MILLION) ..................................................................................................... 252

FIGURE 46. SIEMENS: REVENUE SHARE BY SEGMENT, 2020, ($MILLION) .............................................................................. 253

FIGURE 47. SIEMENS: REVENUE SHARE BY REGION, 2020 (%) ................................................................................................. 253

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CHAPTER 1: INTRODUCTION

1.1. Report description

The global digital health market was valued at $145,884.3 million in 2020, and is projected to reach $767,718.9

million by 2030, registering a CAGR of 17.9% from 2021 to 2030.

Digital health is defined as the technology in the healthcare sector, which enables the universal health care

access, enhances the healthcare quality, and improves the physical & emotional well-being of consumers. The

scope of digital health includes mobile health, health information technology, wearable devices, personalized

medicine, telehealth, and telemedicine. It uses computing platforms, software, connectivity, and sensors for

healthcare and related uses. It offers accurate diagnosis of disease and treats disease to deliver quality health

care for the individual.

The global digital health market is majorly driven by an alarming increase in the prevalence of chronic diseases,

such as cancer, diabetes, cardiovascular disease, and hypertension, rise in government initiative for digital

health, surge in demand for mHealth, advancement in the technology of healthcare, and rise in adoption of

smartphones. For instance, according to the World Health Organization (WHO), in 2020, approximately 10

million deaths were reported due to various types of cancer. As per the same source, in 2019, 1.5 million deaths

were reported due to diabetics. Moreover, in August 2020, Government of India launched National Digital

Health Mission, which aims to revolutionize the health sector of India. This initiative is expected to increase

adoption of digital health in e-healthcare systems. Furthermore, in May 2020, MyMedicNow, a healthcare

technology company, launched a new mobile healthcare app to overcome the gap between physician and

patients.

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This app allows the patient to search for medical condition and find related healthcare providers quickly and

efficiently. Thus, increase in demand for mobile healthcare app and rise in prevalence of diabetics and cancer

are expected to propel the growth of the market.

Increase in number of internet users and surge in demand for remote patient monitoring services are the major

factors that drive the global digital health market. Moreover, increase in prevalence of hypertension significantly

contributes toward the market growth, owing to the fact that digital health devices, such as blood pressure

monitor, are used for monitoring vital signs for early diagnosis and proper treatment of patients. Rise in demand

for early diagnosis of disease for effective treatment acts a key driving force of the global market. Furthermore,

governments are taking multiple initiatives to support healthcare information systems, which is expected to

boost the market growth. Moreover, in 2020, Amazon launched Amazon HealthLake, which is a health insurance

portability and accountability act (HIPAA)-eligible service for healthcare and life science organizations. It allows

the healthcare organization to store, index, tag, query, and use machine earning to analyze data at petabyte

scale in the cloud. On the contrary, advancements in technology for digital health in emerging nations are

anticipated to provide lucrative opportunities for the market expansion. For instance, Centre, a leading

outsourcing healthcare services company, is expected to launch a digital delivery of healthcare services in the

next two years. Digital delivery of healthcare services aims to provide access of medical records to a private

hospital and help them extend their services to rural areas without having any physical presence.

On the contrary, concerns related to ensuring regulatory compliance regarding digital health devices and

services are anticipated to hinder the market growth during the forecast period. Rise in adoption of mHealth,

eHealth, and healthcare information technology (IT) leads to enhancement of the digital health sector.

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This encourages many key players to enter emerging markets, thus offering a lucrative growth opportunity in

the digital health market. The global digital health market is segmented into product & service, component,

end user, and region. By product & service, the market is categorized into mHealth and eHealth. The mHealth

segment is further classified into mHealth devices and mHealth services. The mHealth devices segment is further

divided into blood glucose meter, BP monitors, pulse oximetry, neurological monitors, cardiac monitors, apnea

& sleep monitors, wearable fitness sensor device & heart rate meters, and others. Further, the mHealth services

segment is classified into prevention services, diagnostic services, monitoring services, treatment services, and

wellness & healthcare system strengthening solutions. The eHealth segment is classified into electronic health

records (EHR), vendor neutral archive (VNA) and picture archiving & communications system (PACS), laboratory

information systems (LIS), telehealth, prescribing solutions, medical apps, clinical decision support systems

(CDSS), pharmacy information systems, and others.

By component, it is divided into software, hardware, and services. By end user, the market is bifurcated into

healthcare providers, payers, healthcare consumers, and others. Region-wise, it is analyzed across North

America, Europe, Asia-Pacific, and LAMEA.

Some of the major companies that operate in the global digital health market are Allscripts Healthcare Solution,

Inc., Cerner Corporation, Cisco Systems, eCLINICALWORKS, General Electric Company, Koninklijke Philips N.V.,

Honeywell International Inc., Mckesson Corporation, Siemens Healthcare AG, and Qualcomm Technologies, Inc.

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1.2. Key benefits for stakeholders

• The report provides an in-depth analysis of the global digital health market size along with the current

trends and future estimations to elucidate the imminent investment pockets.

• It offers market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize

on the prevailing opportunities in the market.

• A comprehensive analysis on region assists to understand the regional market and facilitate the

strategic business planning and determine prevailing opportunities.

• The profiles and growth strategies of the key players are thoroughly analyzed to understand the

competitive outlook of the global digital health market growth.

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1.3. Key market segments

By Product and Service

• mHealth

o mHealth Devices

▪ Blood Glucose Meter

▪ BP Monitors

▪ Pulse Oximetry

▪ Neurological Monitors

▪ Cardiac Monitors

▪ Apnea & Sleep Monitors

▪ Wearable Fitness Sensor Devices & Heart Rate Meters

▪ Others

o mHealth Services

▪ Prevention Services

▪ Diagnostic Services

▪ Monitoring Services

▪ Treatment Services

▪ Wellness & Healthcare System Strengthening Solutions

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• eHealth

o Electronic Health Records (HER)

o Vendor Neutral Archive (VNA) and Picture Archiving & Communications Systems (PACS)

o Laboratory Information Systems (LIS)

o Telehealth

o Prescribing Solutions

o Medical Apps

o Clinical Decision Support Systems (CDSS)

o Pharmacy Information Systems

o Others

By Component

• Software

• Hardware

• Services

By End User

• Healthcare Providers

• Payers

• Healthcare Consumers

• Others

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By Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o France

o UK

o Italy

o Spain

o Rest of Europe

• Asia-Pacific

o Japan

o China

o Australia

o India

o Rest of Asia-Pacific

• LAMEA

o Brazil

o Saudi Arabia

o South Africa

o Rest of LAMEA

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1.4. Research methodology

With a collective industry experience of about 100 years of its analysts and experts, Allied Market Research

(AMR) encompasses the most infallible research methodology for its market intelligence and industry analysis.

Not only does the company dig deep into the innermost levels of the market, but also examines the minutest

details for its market estimates and forecasts. The approach taken by the company helps to build a greater

market consensus view for size, shape, and industry trends within each industry segment. Industry trends and

real developments are carefully considered for identifying key growth factors and the future course of the

market. The research proceeds are the result of high-quality data, expert views and analysis, and high-value

independent opinions. The research process is designed to deliver a balanced view of the global markets and

allow stakeholders to make informed decisions to attain their highest growth objectives.

The company offers its clients exhaustive research and analysis based on a wide variety of factual inputs, which

largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house

industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements

of an industry segment. These analytical tools and models sanitize the data and statistics and enhance the

accuracy of our recommendations and advice.

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With AMR’s calibrated research process and 360-degree data evaluation methodology, the clients are assured

of receiving:

• Consistent, valuable, robust, and actionable data and analysis that can easily be referenced for strategic

business planning

• Technologically sophisticated and reliable insights through well-audited and veracious research

methodology

• Sovereign research proceeds that present a tangible depiction of marketplace

The strong methodology makes the research and analysis most reliable and guarantees sound business

planning. For this research report, 18 hours of interviews and discussions have been conducted, with a wide

range of stakeholders, including upstream and downstream participants. Primary research typically is the bulk

of the research efforts; however, it is coherently supported by extensive secondary research. Over 5,900 product

type literatures, industry releases, annual reports, and other such documents of key industry participants have

been reviewed, for better market understanding. In addition, authentic industry journals, medical journals, trade

associations’ releases, and government websites have also been reviewed for generating high-value industry

insights.

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1.4.1. Secondary research

For the secondary research, a broad array of industry source is referred, which typically includes, however, are

not limited to:

• Company Securities and Exchange Commission (SEC) filings, annual reports, company websites, broker

and financial reports, and investor presentations to know the competitive scenario and shape of the

industry

• Patent and regulatory databases for understanding of technical and legal developments

• Scientific and technical writings for product type information

• Regional government and statistical databases for macro-analysis

• Authentic new articles, web-casts, and other related releases

• Internal and external proprietary databases, key market indicators, and relevant press releases for

market estimates and forecasts

1.4.2. Primary research

Primary research efforts include reaching out to participants through mail, tele-conversations, referrals,

professional networks, and face-to-face interactions. Professional corporate relations have been established

with various companies. It allows for greater flexibility in reaching out to industry participants and commentators

for interviews and discussions, fulfilling the following functions:

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• Validates and improves the data quality and strengthens research proceeds

• Further develops analyst team’s market understanding and expertise

• Supplies authentic information about market size, share, growth, and forecasts

The primary research interview and discussion panels are typically composed of the most experienced industry

members. The participants include, however, are not limited to:

• Chief executives and vice presidents (VPs) of leading corporations specific to an industry

• Product type and sales managers or country heads; channel partners and top-level distributors;

banking, investments, and valuation experts

• Key opinion leaders (KOLs)

1.4.3. Analyst tools and models

AMR has a developed set of analyst tools and data models to supplement and expedite the analysis process.

Corresponding to the markets where there is significant lack of information and estimates, AMR’s team of

experts and analysts develop specific analyst tools and industry models. These models are used to translate

qualitative and quantitative industry indicators into exact industry estimates. These models also allow them to

examine the prospects and opportunities prevailing in the market to accurately forecast the course of the

market.

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CHAPTER 2: EXECUTIVE SUMMARY

The global digital health market was valued at $XX million in 2020, and is projected to reach $XX million by

2030, registering a CAGR of XX% from 2021 to 2030.

Digital health is defined as the interaction between healthcare system and technology. It applies a digital health

transformation in the healthcare field by incorporating software, hardware, and services. It provides various

opportunities to accelerate the process to attain health and well-being related to sustainable development goal.

Healthcare information technology aims to prevent disease, provide early diagnosis of life threatening disease,

help in the management of chronic disease, and enhance the quality of life by remote monitoring of patients.

It offers real opportunities to improve medical outcomes and enhance efficiency.

The factors that drive the growth of the digital health market include rise in prevalence of chronic disease such

as hypertension, cancer, cardiovascular disease, and diabetes; increase in number of geriatric population;

advancement in technology in healthcare sectors, and surge in demand for health. For instance, according to

American Heart Association, more than 100 million Americans had hypertension in 2018. Hypertension patients

require monitoring of their blood pressure at regular intervals to alleviate the chances of stroke and heart attack.

Market players are focusing on the development of novel approaches for use of digital health technology.

Moreover, in 2020, Sensyne Health, the clinical AI technology company, launched GDm-Health, in the U.S. to

provide remote monitoring solution for diabetic patients in pregnancy. Furthermore, in 2020, HealthHero, a

digital health company, launched the telehealth platform in the UK, which allows the patient to communicate

with mental health clinicians, specialists, and general practitioners to provide services from their respective

location.

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Increase in prevalence of cardiovascular disease, rise in demand for software in the healthcare sector, and surge

in number internet users are anticipated to drive the growth of the digital health market. In addition, increasing

demand for remote monitoring services has led to the development of innovative technologies in the healthcare

sector, thereby propelling the growth of the market.

Moreover, initiatives taken by governments for development of the information technology sector and increase

in number of smartphone users are the key factors that boost growth of the market. Furthermore, increase in

the cost of health care sector and surge in the number of funding for various health startups propel the growth

of the market. In addition, rise in demand for advanced devices in healthcare to enhance efficiency and increase

in prevalence of lifestyle disorder fuel the market growth.

The digital health market is segmented on the basis of product & service, component, end user, and region. On

the basis of product & service, the market is divided into mHealth and eHealth. The eHealth segment dominated

the market in 2020, and is expected to continue this trend during the forecast period, owing to increase in

prevalence of chronic diseases, surge in demand for telehealth & telemedicine, and increase in number of

internet users.

On the basis of component, the market is classified into software, hardware, and service. The software segment

dominated the market in 2020, and is expected to continue this trend during the forecast period, owing to

advancement in healthcare information technology, surge in demand for reducing healthcare cost, and rise in

demand for organized data and workflow in the healthcare sector. On the basis of end user, the market is

classified into healthcare providers, payers, healthcare consumers, and others.

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The healthcare providers segment dominated the market in 2020, and is expected to continue this trend during

the forecast period, owing to increase in prevalence of chronic diseases, surge in demand for mHealth app, and

use of innovative technologies in the healthcare sector.

North America accounted for a majority of the global digital health market share in 2020 and is anticipated to

remain dominant during the forecast period. This is attributed to rise in prevalence of chronic diseases, presence

of key players, adoption of smartphone users, and advancements in healthcare information technology in the

region. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in prevalence of chronic

diseases, rise in geriatric population, increase in demand for remote monitoring services, and rise in number of

internet users.

2.1. Key findings of the study

• By product & service, the eHealth segment was the highest contributor to the market in 2020.

• By component, the software segment was the highest contributor to the market in 2020.

• By end user, the healthcare providers segment dominated the market in 2020 and is expected to

continue this trend during the forecast period.

• By region, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is

anticipated to grow at the highest CAGR during the forecast period.

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2.2. CXO perspective

`According to the CXOs of leading companies, growth of the digital health market is attributed to factors such

as technological advancements in healthcare sector; rise in prevalence of chronic diseases such as cancer,

cardiovascular disease, hypertension, and diabetics; increase in funds from private and government

organizations for various mHealth startups, and surge in demand for remote monitoring services. The digital

health market gains interest of healthcare information technologies companies, owing to surge in demand for

mHealth, blood glucose meter, blood pressure monitors, and pulse oximetry. This leads to increase in adoption

of digital health devices. Moreover, the market has gained high traction in digital health services, such as

diagnostic services, monitoring services, treatment services, and prevention services, in recent years as digital

health devices are used in management and treatment of chronic disease.

Further, North America is expected to witness highest growth, in terms of revenue, owing to rise in prevalence

of chronic diseases, presence of key players, and advancements in healthcare information technology.

Asia-Pacific was the second largest contributor to the market in 2020, and is expected to register the fastest

CAGR during the forecast period, owing to increase in prevalence of chronic diseases, rise in geriatric population,

increase in demand for remote monitoring services, and rise in number of internet users.

In addition, concern related to ensuring regulatory compliance is anticipated to restrain the market growth

during the forecast period.

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CHAPTER 3: MARKET LANDSCAPE

3.1. Market definition and scope

Digital health is an emerging technology, which uses connectivity, software, computing platforms, and sensors

to enhance the quality of healthcare and its outcome. It increases the physical and emotional well-being of the

population. This study comprises products only and not services. The study estimates the revenue generated

from the sales of digital devices used for health care. The valuations comprise revenue generated from adoption

of health, health information technology, wearable patch, telehealth and telemedicine by patients. The study

scope focuses on digital health products for quality health care.

The report provides market dynamics and trends related to the global digital healthcare market. The valuations

comprise revenue generated from adoption of digital health products by patients. Furthermore, the report

excludes revenue generated from post-sale services of digital health products.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market

dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces

analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features

the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights

the competitive landscape of the key players to increase their market share and sustain intense competition in

the industry.

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FIGURE 01. DIGITAL HEALTH MARKET SEGMENTATION

Source: AMR Analysis and Secondary Research

BY

PRODUCT & SERVICE

▪mHealth

▪ eHealth

BY

COMPONENT

▪ Software

▪Hardware

▪ Services

BY

END USER

▪Healthcare

Providers

▪ Payers

▪Healthcare

Consumers

▪Others

BY

REGION

▪North America

▪ Europe

▪ Asia-Pacific

▪ LAMEA

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3.2. Key findings

3.2.1. Top investment pockets

The global digital health market is categorized on the basis of product & service, component, end user, and

region. The global market is studied across the U.S., Canada, Mexico, Germany, France, the UK, Italy, Spain, Rest

of Europe, China, Japan, Australia, India, Rest of Asia-Pacific, Brazil, Saudi Arabia, South Africa, and Rest of

LAMEA. The graph below depicts top investment pockets, with respect to the growth rate and market

attractiveness. China and Japan are expected to serve as lucrative markets for investors to capitalize in the near

future. This is attributed to growth in chronic disorder, increase in geriatric population, advancement in

technology in healthcare sector as well as the presence of key industry participants, and surge in adoption of

smartphone.

FIGURE 02. TOP INVESTMENT POCKETS

Source: AMR Analysis and Secondary Research

Market Attractiveness

Ma

rke

tG

row

th

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CHAPTER 4: DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE

4.1. Overview

On the basis of product and service, the global digital health market is classified into:

• mHealth

• eHealth

The eHealth segment dominated the market in 2020, and is expected to continue this trend during the forecast

period, owing increase in prevalence of chronic diseases, surge in demand for telehealth & telemedicine, and

increase in number of internet users.

On the other hand, the mHealth segment is expected to witness considerable market growth during the forecast

period, owing to increase in demand for remote monitoring services, rise in prevalence of hypertension, and

surge in number of smartphone users.

4.1.1. Market size and forecast

The global digital health market was valued at $XX million in 2020, and is projected to reach $XX million by

2030, registering a CAGR of XX% from 2021 to 2030. The eHealth segment was the highest contributor to the

market, with $XX million in 2020, and is estimated to reach $XX million by 2030, at a CAGR of XX% during the

forecast period. The mHealth segment is estimated to reach $XX million by 2030 at a CAGR of XX%.

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TABLE 01. GLOBAL DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION)

PRODUCT

AND

SERVICE

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

mHealth XX XX XX XX XX XX XX XX XX XX XX XX%

eHealth XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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CHAPTER 5: DIGITAL HEALTH MARKET, BY COMPONENT

5.1. Overview

On the basis of component, the global digital health market is classified into:

• Software

• Hardware

• Services

The software segment dominated the market in 2020, and is expected to continue this trend during the forecast

period, owing to advancement in healthcare information technology, surge in development of technology for

reducing healthcare cost, and rise in demand for organizing data and workflow in the healthcare sector.

On the other hand, the hardware segment is expected to witness considerable market growth during the

forecast period, owing to surge in the number of investments in digital infrastructure and rise in demand for

software upgrade and installation.

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5.1.1. Market size and forecast

The global digital health market was valued at $XX million in 2020, and is projected to reach $XX million by

2030, registering a CAGR of XX% from 2021 to 2030. The software segment was the highest contributor to the

market, with $XX million in 2020, and is estimated to reach $XX million by 2030, at a CAGR of XX% during the

forecast period. The hardware segment is estimated to reach $XX million by 2030, at a CAGR of XX%. The

software and services segments collectively accounted for around XX% market share in 2020, with the former

constituting around XX% share. The hardware and services segments are expected to witness significant CAGRs

of XX% and XX%, respectively, during the forecast period. The cumulative share of these two segments was XX%

in 2020, and is anticipated to reach XX% by 2030.

TABLE 02. GLOBAL DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION)

COMPO

NENT 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-2030)

Softwar

e XX XX XX XX XX XX XX XX XX XX XX XX%

Hardwar

e XX XX XX XX XX XX XX XX XX XX XX XX%

Services XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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5.2. Software

Software is defined as the set of instructions, data or programs, which is used by computers to execute a specific

task. Software in healthcare was developed for providing simulation and medical training, database storage,

research, and equipment planning. Electronic Health Record (EHR) is one of the most common software used

in clinical and hospital to manage patient data, maintain clinical records, and ensure correct diagnosis and

treatment at appropriate time. Medical imaging software is emerging due to its use in body scanner in hospitals.

Further, the healthcare research software is designed to help scientists and researchers to conduct medical

research and drug discovery & analysis process.

5.2.1. Key market trends, growth factors, and opportunities

The increasing demand for accurate and timely information procurement is the key factor for the growth of the

market. For instance, in February 2021, Capital Health, a regional leader for providing quality patient care,

launched new electronic health record to enhance patient care. The new electronic health record supports the

doctors, nurses, and staff to document and access critical patient information, make treatment decisions, and

ensure safety. Moreover, in June 2021, Max Healthcare, one of the largest healthcare providers in India,

collaborated with My Healthcare, to launch an artificial intelligence-powered device to monitor blood pressure,

blood sugar level, heart rate, and ECG. Thus, surge in demand for efficient management of organization

workflow, shift of consumer towards value based care, and rise in initiatives by private and public companies

for the development of healthcare information and technology propel the growth of the market.

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5.2.2. Market size and forecast, by region

The software digital health market was valued at $XX million in 2020, and is projected to reach $XX million by

2030, growing at a CAGR of XX% from 2020 to 2030. North America was the highest contributor to this market,

with $XX million in 2020, and is anticipated to reach $XX million by 2030, registering a CAGR of XX%. Asia-

Pacific is anticipated to reach $XX million by 2030 at a CAGR of XX%. North America and Europe collectively

accounted for about XX% share of the software digital health market in 2020, with the former constituting

around XX% share. Asia-Pacific and LAMEA are expected to witness significant growth rates at a CAGR of XX%

and XX%, respectively, during the forecast period. Presently, the cumulative share of these two regions is XX%

in the software digital health market in 2020, and is anticipated to reach XX% by 2030.

TABLE 03. SOFTWARE DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION)

REGION 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

North

America XX XX XX XX XX XX XX XX XX XX XX XX%

Europe XX XX XX XX XX XX XX XX XX XX XX XX%

Asia-

Pacific XX XX XX XX XX XX XX XX XX XX XX XX%

LAMEA XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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5.2.3. Market analysis, by country

The software digital health market was $XX million in 2020, and is projected to reach $XX million by 2030,

registering a CAGR of XX% from 2021 to 2030. U.S. was the highest contributor to the software market, with

$XX million in 2020, and is estimated to reach $XX million by 2030, at a CAGR of XX% during the forecast period.

India is estimated to reach $XX million by 2030 at a CAGR of XX%. U.S. and Japan collectively accounted for

about XX% share of the software digital health market in 2020, with the former constituting around XX% share.

India and China are expected to witness significant growth rates at a CAGR of XX% and XX%, respectively, during

the forecast period. Presently, the cumulative share of these two countries is XX% in the software digital health

market in 2020, and is anticipated to reach XX% by 2030.

FIGURE 03. COMPARATIVE ANALYSIS OF DIGITAL HEALTH MARKET FOR SOFTWARE, BY COUNTRY, 2020-2030 (%)

Source: Primary & Secondary Research, Company Publications, and AMR Analysis

XX%

XX%XX%

XX%XX% XX% XX% XX%

XX% XX% XX%

XX%XX%

XX%XX% XX% XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%

XX%XX%

XX%XX%

XX%

XX% XX%

2020 2030

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CHAPTER 6: DIGITAL HEALTH MARKET, BY END USER

6.1. Overview

On the basis of end user, the global digital health market is classified into:

• Healthcare Providers

• Payers

• Healthcare Consumers

• Others

The healthcare providers segment dominated the market in 2020, and is expected to continue this trend during

the forecast period, owing to increase in prevalence of chronic diseases, surge in demand for mHealth app, and

use of innovative technologies in the healthcare sector.

On the other hand, the payers segment is expected to witness considerable market growth during the forecast

period, owing to increasing cost of the healthcare system and surge in demand for healthcare IT solution.

6.1.1. Market size and forecast

The global digital health market was valued at $XX million in 2020, and is projected to reach $XX million by

2030, registering a CAGR of XX% from 2021 to 2030. The healthcare providers segment was the highest

contributor to the market, with $XX million in 2020, and is estimated to reach $XX million by 2030, at a CAGR

of XX% during the forecast period. The healthcare providers and healthcare consumers segments collectively

accounted for around XX% market share in 2020, with the former constituting around XX% share.

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The healthcare providers and healthcare consumers segments are expected to witness significant CAGRs of XX%

and XX%, respectively, during the forecast period. The cumulative share of these two segments was XX% in

2020, and is anticipated to reach XX% by 2030.

TABLE 04. GLOBAL DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION)

END USER 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Healthcare

Providers XX XX XX XX XX XX XX XX XX XX XX XX%

Payers XX XX XX XX XX XX XX XX XX XX XX XX%

Healthcare

Consumers XX XX XX XX XX XX XX XX XX XX XX XX%

Others XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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CHAPTER 7: DIGITAL HEALTH MARKET, BY REGION

7.1. Overview

By region, the digital health market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

• North America includes the U.S., Canada, and Mexico.

• Europe includes Germany, France, UK, Italy, Spain, and Rest of Europe.

• Asia-Pacific includes Japan, China, Australia, India, and Rest of Asia Pacific.

• LAMEA includes Brazil, Saudi Arabia, South Africa, and Rest of LAMEA.

The North America market was dominant, in terms of revenue among other regions in 2020, owing to rise in

prevalence of chronic diseases, presence of key players, adoption of smartphones, and advancements in

healthcare information technology.

On the other hand, Asia-Pacific was the second-largest contributor to the market in 2020 and is expected to

register the fastest CAGR during the forecast period due to increase in prevalence of chronic diseases, rise in

geriatric population, increase in demand for remote monitoring services, and surge in the number of internet

users.

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7.1.1. Market size and forecast

The global digital health market was valued at $XX million in 2020, and is projected to reach $XX million by

2030, registering a CAGR of XX%. North America was the highest revenue contributor, accounting for $XX

million in 2020, and is estimated to reach $XX million by 2030, with a CAGR of XX%. Asia-Pacific is estimated to

reach $XX million by 2030, at a significant CAGR of XX%. North America and Europe collectively accounted for

around XX% share in 2020, with the former constituting around XX% share. Asia-Pacific and LAMEA are expected

to witness considerable CAGRs of XX% and XX%, respectively, during the forecast period. The cumulative share

of these two regions was XX% in 2020, and is anticipated to reach XX% by 2030.

TABLE 05. DIGITAL HEALTH MARKET, BY REGION, 2020-2030 ($MILLION)

REGION 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

North

America XX XX XX XX XX XX XX XX XX XX XX XX%

Europe XX XX XX XX XX XX XX XX XX XX XX XX%

Asia-

Pacific XX XX XX XX XX XX XX XX XX XX XX XX%

LAMEA XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2. North America

The North America digital health market is analyzed across the U.S., Canada, and Mexico. The North America

market was dominant, in terms of revenue among other regions in 2020, owing to rise in prevalence of chronic

diseases, presence of key players, and increase in cost of healthcare system.

Increase in adoption of smartphones, surge in demand for telehealth services, and easy availability of health are

the major factors that boost the growth of the digital health market in the region. As per the data published in

Pew Research Center, in April 2021, it was reported that XX% of cell phone and XX% of smartphone are owned

by adults in the U.S. Further advancement in technology for healthcare and increase in prevalence of chronic

disease, upsurge the need for digital health devices and services for early diagnosis, and monitoring &

management of symptoms also fuel the growth of the market. According to cancer.gov, in 2019, approximately,

16.9 million people in the U.S. were reported to be diagnosed with cancer. Moreover, approximately XX% to

XX% of the population in the U.S. suffered from type 2 diabetics. Furthermore, as per the data published in

International Journal of Environmental Research and Public Health, in 2019, it was reported that approximately

XX% (133 million) of all Americans were diagnosed with at least one chronic disease. Thus, this widespread

prevalence of chronic disease and need of digital health devices, such as telehealth, wearable devices, and

mHealth, for monitoring and symptom management propel the growth of the market.

Similarly, hypertension is another major chronic disease, which is highly prevalent in the region. For instance,

according to American Heart Association, Inc., more than 100 million Americans had hypertension in 2018. In

addition, hypertension patients also require blood pressure monitoring at regular intervals to alleviate the

chances of stroke and heart attack, which propels the growth of the market.

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7.2.1. Key market trends, growth factors, and opportunities

Increase in technological advancement, development in the healthcare sector, surge in the healthcare cost, and

increase in geriatric population are the key factors for the growth of the market. North America is the top

manufacturing hub for digital health devices & services, such as variable devices, mHealth, telehealth &

telemedicine, which drives the growth of the regional digital health market. According to the U.S. Census Bureau,

in 2019, it was reported that more than 54 million people are above the age of 65 years. Geriatric population is

more prone to chronic disease, such as diabetic and hypertension, due to aging effects, which surge the need

of digital health and boost the growth of the market. For instance, in 2020, Sensyne Health, the clinical AI

technology company, launched GDm-Health in the U.S. to provide remote monitoring solution for diabetic

patients in pregnancy. Moreover, increase in the cost of healthcare systems and surge in demand for digital

health devices and services, which are available at affordable prices drive the growth of the market. According

to National Health Expenditure Accounts, the healthcare spending in the U.S. grew by XX% in 2019 reaching

$XX per person.

Moreover, adoption of smartphone and easy internet availability in the region is another major driver of the

global digital health market. For instance, according to American Community and Survey Reports, published in

the U.S. Census Bureau, XX% population has broadband internet subscription, in 2018. The number of internet

users in the U.S. is reported to be 4.39 billion in 2019. Therefore, the rise in internet connectivity leads to surge

in exposure to digital health, which fuels the growth of the market in the region.

Furthermore, Mckesson Corporation, Cerner Corporation, Qualcomm Technologies, Inc., Cisco Systems, and

General Electric Company are headquartered in the U.S., which enables digital health devices manufacturing &

services while early market arrival of products is assisting in the supremacy of the U.S. among other countries.

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7.2.2. North America digital health market, by product and service

The North America digital health market was valued at $XX million in 2020, and is projected to reach $XX

million by 2030, growing at a CAGR of XX% from 2020 to 2030. The eHealth segment was the highest contributor

to the North America digital health market, with $XX million in 2020, and is estimated to reach $XX million by

2030, registering a CAGR of XX%. The mHealth segment is estimated to reach $XX million by 2030 at a CAGR

of XX%.

TABLE 06. NORTH AMERICA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION)

PRODUCT

AND

SERVICE

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

mHealth XX XX XX XX XX XX XX XX XX XX XX XX%

eHealth XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.3. North America digital health market, by component

The North America digital health market was valued at $XX million in 2020, and is projected to reach $XX

million by 2030, growing at a CAGR of XX% from 2020 to 2030. The software segment was the highest

contributor to the North America digital health market, with $XX million in 2020, and is estimated to reach $XX

million by 2030, registering a CAGR of XX%. The hardware segment is estimated to reach $XX million by 2030

at a CAGR of XX%. The software and services segments collectively accounted for about XX% share of the North

America digital health market in 2020, with the former constituting around XX% share. The hardware and

services segments are expected to witness significant growth rates at a CAGR of XX% and XX%, respectively,

during the forecast period. Presently, the cumulative share of these two segments is XX% in the North America

digital health market in 2020, and is anticipated to reach XX% by 2030.

TABLE 07. NORTH AMERICA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION)

COMPONENT 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Software XX XX XX XX XX XX XX XX XX XX XX XX%

Hardware XX XX XX XX XX XX XX XX XX XX XX XX%

Services XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.4. North America digital health market, by end user

The North America digital health market was valued at $XX million in 2020, and is projected to reach $XX

million by 2030, growing at a CAGR of XX% from 2020 to 2030. The healthcare providers segment was the

highest contributor to the North America digital health market, with $XX million in 2020, and is estimated to

reach $XX million by 2030, registering a CAGR of XX%.

TABLE 08. NORTH AMERICA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION)

END USER 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Healthcare

Providers XX XX XX XX XX XX XX XX XX XX XX XX%

Payers XX XX XX XX XX XX XX XX XX XX XX XX%

Healthcare

Consumers XX XX XX XX XX XX XX XX XX XX XX XX%

Others XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5. Market size and forecast, by country

The North America digital health market was valued at $XX million in 2020, and is projected to reach $XX

million by 2030, registering a CAGR of XX%. U.S. was the highest revenue contributor with $XX million in 2020,

and is estimated to reach $XX million by 2030, registering a CAGR of XX%. Canada is estimated to reach $XX

million by 2030, at a significant CAGR of XX%. U.S. and Canada collectively accounted for around XX% share in

2020, with the former constituting around XX% share. Canada and Mexico are expected to witness considerable

CAGRs of XX% and XX%, respectively, during the forecast period. The cumulative share of these two countries

was XX% in 2020, and is anticipated to reach XX% by 2030.

TABLE 09. NORTH AMERICA DIGITAL HEALTH MARKET, BY COUNTRY, 2020-2030 ($MILLION)

COUNTRY 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

U.S. XX XX XX XX XX XX XX XX XX XX XX XX%

Canada XX XX XX XX XX XX XX XX XX XX XX XX%

Mexico XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.1. U.S.

The U.S. digital health market was valued at $XX million in 2020, and is projected to reach $XX million by 2030,

registering a CAGR of XX%.

7.2.5.1.1. U.S. digital health market, by product and service

The U.S. digital health market was valued at $XX million in 2020, and is projected to reach $XX million by 2030,

registering a CAGR of XX%. The eHealth segment was the highest revenue contributor with $XX million in 2020,

and is estimated to reach $XX million by 2030, registering a CAGR of XX%. The mHealth segment is estimated

to reach $XX million by 2030, at a significant CAGR of XX%.

TABLE 10. U.S. DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION)

PRODUCT

AND

SERVICE

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

mHealth XX XX XX XX XX XX XX XX XX XX XX XX%

eHealth XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.1.2. U.S. digital health market, by component

The U.S. digital health market was valued at $XX million in 2020, and is projected to reach $XX million by 2030,

registering a CAGR of XX%. The software segment was the highest revenue contributor with $XX million in 2020,

and is estimated to reach $XX million by 2030, registering a CAGR of XX%. The hardware segment is estimated

to reach $XX million by 2030, at a significant CAGR of XX%. The software and services segments collectively

accounted for around XX% share in 2020, with the former constituting around XX% share. The hardware and

services segments are expected to witness considerable CAGRs of XX% and XX%, respectively, during the

forecast period. The cumulative share of these two segments was XX% in 2020, and is anticipated to reach XX%

by 2030.

TABLE 11. U.S. DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION)

COMPONENT 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Software XX XX XX XX XX XX XX XX XX XX XX XX%

Hardware XX XX XX XX XX XX XX XX XX XX XX XX%

Services XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.1.3. U.S. digital health market, by end user

The U.S. digital health market was valued at $XX million in 2020, and is projected to reach $XX million by 2030,

registering a CAGR of XX%. The healthcare providers segment was the highest revenue contributor with $XX

million in 2020, and is estimated to reach $XX million by 2030, registering a CAGR of XX%. The healthcare

providers and healthcare consumers segments collectively accounted for around XX% share in 2020, with the

former constituting around XX% share. The healthcare providers and healthcare consumers segments are

expected to witness considerable CAGRs of XX% and XX%, respectively, during the forecast period. The

cumulative share of these two segments was XX% in 2020, and is anticipated to reach XX% by 2030.

TABLE 12. U.S. DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION)

END USER 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Healthcare

Providers XX XX XX XX XX XX XX XX XX XX XX XX%

Payers XX XX XX XX XX XX XX XX XX XX XX XX%

Healthcare

Consumers XX XX XX XX XX XX XX XX XX XX XX XX%

Others XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.2. Canada

7.2.5.2.1. Canada digital health market, by product and service

TABLE 13. CANADA DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION)

PRODUCT

AND

SERVICE

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

mHealth XX XX XX XX XX XX XX XX XX XX XX XX%

eHealth XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

7.2.5.2.2. Canada digital health market, by component

TABLE 14. CANADA DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION)

COMPONENT 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Software XX XX XX XX XX XX XX XX XX XX XX XX%

Hardware XX XX XX XX XX XX XX XX XX XX XX XX%

Services XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.2.3. Canada digital health market, by end user

TABLE 15. CANADA DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION)

END USER 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Healthcare

Providers XX XX XX XX XX XX XX XX XX XX XX XX%

Payers XX XX XX XX XX XX XX XX XX XX XX XX%

Healthcare

Consumers XX XX XX XX XX XX XX XX XX XX XX XX%

Others XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.3. Mexico

7.2.5.3.1. Mexico digital health market, by product and service

TABLE 16. MEXICO DIGITAL HEALTH MARKET, BY PRODUCT AND SERVICE, 2020-2030 ($MILLION)

PRODUCT AND

SERVICE 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

mHealth XX XX XX XX XX XX XX XX XX XX XX XX%

eHealth XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

7.2.5.3.2. Mexico digital health market, by component

TABLE 17. MEXICO DIGITAL HEALTH MARKET, BY COMPONENT, 2020-2030 ($MILLION)

COMPONENT 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Software XX XX XX XX XX XX XX XX XX XX XX XX%

Hardware XX XX XX XX XX XX XX XX XX XX XX XX%

Services XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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7.2.5.3.3. Mexico digital health market, by end user

TABLE 18. MEXICO DIGITAL HEALTH MARKET, BY END USER, 2020-2030 ($MILLION)

END USER 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

CAGR%

(2021-

2030)

Healthcare

Providers XX XX XX XX XX XX XX XX XX XX XX XX%

Payers XX XX XX XX XX XX XX XX XX XX XX XX%

Healthcare

Consumers XX XX XX XX XX XX XX XX XX XX XX XX%

Others XX XX XX XX XX XX XX XX XX XX XX XX%

Total XX XX XX XX XX XX XX XX XX XX XX XX%

Source: Primary & Secondary Research and AMR Analysis

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CHAPTER 8: COMPANY PROFILES

8.1. ALLSCRIPTS HEALTHCARE SOLUTIONS INC.

Address 1

Address 2

Country

Tel.: XX-XXX-XXXX

Website: www.XXXXXX.com

8.1.1. Company overview

SAMPLE TEXT

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8.1.2. Company snapshot

TABLE 19. ALLSCRIPTS: COMPANY SNAPSHOT

Information Description

Year of Incorporation

Key Executive(s)

Primary Business

Geographical Presence

Key Strategic Move

Overall Financial Status ($Million)

Workforce

Source: Corporate Publications and AMR Analysis

8.1.3. Operating business segments

Allscripts operates its business through the following reportable segments:

TABLE 20. ALLSCRIPTS: OPERATING SEGMENTS

Segment Description

Core Clinical and Financial Solutions

Data, Analytics and Care Coordination

Source: Corporate Publications and AMR Analysis

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8.1.4. Product portfolio

Allscripts offers the following digital health services:

TABLE 21. ALLSCRIPTS: PRODUCT PORTFOLIO

Service Category Service

Electronic Medical Records

Allscripts Opal

Source: Corporate Publications and AMR Analysis

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8.1.5. Business performance

Allscripts registered a decrease in net sales by XX% from 2019 to 2020 due to decline in core clinical and financial

solutions segment in 2020.

FIGURE 04. ALLSCRIPTS: NET SALES, 2018 2020 ($MILLION)

Source: Corporate Publications and AMR Analysis

XXXX

XX

2018 2019 2020

Ne

t S

ale

s (

$M

illio

ns)

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FIGURE 05. ALLSCRIPTS: REVENUE SHARE BY SEGMENT, 2020 (%)

Source: Corporate Publications and AMR Analysis

FIGURE 06. ALLSCRIPTS: REVENUE SHARE BY REGION, 2020 (%)

Source: Corporate Publications and AMR Analysis

XX%

XX%

XX%

Core Clinical and Financial Solutions

Data, Analytics and Care Coordination

Unallocated Amounts

XX%

XX%

XX%

U.S.

Canada

Other international

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8.1.6. Key strategic moves and developments

Allscripts adopted agreement, partnership, and product launch as its key developmental strategies to sustain

the intense competition and improve its product portfolio.

Date Strategy Description

May, 2021 Agreement

May, 2021 Product Launch

April 2021 Partnership

October, 2020 Agreement

Source: Corporate Publications and AMR Analysis

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