In 2019, the global digital health market was worth an estimated 175 billion U.S. dollars. With an expected CAGR of almost 25 percent from 2019 to 2025, the digital health market should reach nearly 660 billion dollars by 2025.
Increasing use of digital health tools
Over the last decade, investor funding in the digital health industry has increased significantly. In 2020, over 21 billion U.S. dollars was invested in the industry, compared to around one billion U.S. dollars in 2010. Even before the COVID-19 pandemic in 2020, which sharply increased the need for digital health tools to be used, consumers’ adoption of telemedicine had been increasing.
Further trends
A survey of European health professionals found that they believed the biggest ehealth trend in the coming years will be the use of patient owned health data. In general, most healthcare workers thought ehealth prospects in their country would improve in the coming year. However, the biggest challenge to implementing ehealth changes efficiently and effective in Europe is regarded to be funding and costs.
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The global healthcare IT market size reached USD 363.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 909.4 Billion by 2033, exhibiting a growth rate (CAGR) of 10.20% during 2025-2033. The widespread adoption of digital health technologies in healthcare IT, the implementation of supportive government initiatives, and the emergence of several technological advancements are some of the major factors propelling the market.
Report Attribute
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Key Statistics
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Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| USD 363.2 Billion |
Market Forecast in 2033
| USD 909.4 Billion |
Market Growth Rate 2025-2033 | 10.20% |
IMARC Group provides an analysis of the key trends in each segment of the global healthcare IT market report, along with forecasts at the global and regional levels from 2025-2033. Our report has categorized the market based on product and services, component, delivery mode and end-user.
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Global Healthcare CRO Services is segmented by Application (Pharmaceuticals, biotech, healthcare) , Type (Clinical trials management, research services, regulatory compliance, medical writing, drug development) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
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The global digital health market value is estimated to be US$ 8,131.3 million in 2024. The overall market is predicted to grow at a promising CAGR of 7.4% during the forecast period. The global digital health industry share is estimated to reach a value of nearly US$ 16,603.7 million by 2034.
Report Attribute | Details |
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Global Digital Health Market Size (2024) | US$ 8,131.3 million |
Market Anticipated Forecast Value (2034) | US$ 16,603.7 million |
Market Projected Growth Rate (2024 to 2034) | 7.4% CAGR |
Global Digital Health Market Historical Analysis (2019 to 2023) Vs Forecast Outlook (2024 to 2024)
Attributes | Details |
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Global Digital Health Market Value (2019) | US$ 4,384.4 million |
Market Revenue (2023) | US$ 7,909.9 million |
Market Historical Growth Rate (CAGR 2019 to 2023) | 12.5% CAGR |
Country-wise Insights
Regional Market Comparison | CAGR (2024 to 2034) |
---|---|
United States | 6.8% |
Germany | 6.6% |
United Kingdom | 6.2% |
India | 22.5% |
Thailand | 16.4% |
Category-wise Insights
Attributes | Details |
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Top Product Type or Segment | software |
Market Share in 2024 | 57% |
Attributes | Details |
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Top Deployment Type or Segment | Cloud-based |
Market Share in 2024 | 28% |
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The report on Healthcare Mobility Solutions Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global healthcare mobility solutions market is segmented on the basis of type, application, and geography.
The Worldwide market for Healthcare Mobility Solutions Market is expected to grow at a CAGR of roughly x.x% over the next nine years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Read More
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The Report Covers Global Healthcare Data Analytics Companies and the Market is Segmented by Type of Technology (Predictive Analytics, Prescriptive Analytics, and Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, and Administrative Data Analytics), Product (Hardware, Software, and Service), Mode of Delivery (On-Premise Model and Cloud-Based Model), End Users (Healthcare Provider, Pharmaceutical Industry, Biotechnology Industry, and Academic Organization), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The Market Size and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.
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According to Cognitive Market Research, the global Household Healthcare market size will be USD 251512.3 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.
North America held the major market share of more than 40% of the global revenue, with a market size of USD 100604.92 million in 2024. The market will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 75453.69 million.
Asia Pacific held a market share of around 23% of global revenue, with a market size of USD 57847.83 million in 2024, and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America's Market will have more than 5% of the global revenue with a market size of USD 12575.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
The Middle East and Africa held the major market share of around 2% of the global revenue, with a market size of USD 5030.25 million in 2024. The market will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
Cancer held the highest Household Healthcare market revenue share in 2024.
Market Dynamics of Household Healthcare Market
Key Drivers of Household Healthcare Market
Rising Disposable Income to Provide Viable Market Output
The rise in disposable income is creating a significant increase in global demand. With more disposable income at their disposal, individuals and families are increasingly inclined to invest in healthcare products and services to maintain and enhance their well-being. This trend encourages higher spending on health-related items such as medications, medical devices, wellness programs, and health insurance. Moreover, increased disposable income enables households to afford more expensive healthcare procedures and treatments, leading to higher demand for advanced medical technologies and specialized healthcare services. Overall, the growth in disposable income fosters greater accessibility and affordability of healthcare, driving expansion in the household healthcare market.
For instance, Apollo Homecare offers long-term plans for various diseases, such as ortho rehab, heart rehab, lung rehab, mother-and-baby care, and elderly care. It includes medical supervision and personalized healthcare services.
(Source: https://apollohomecare.com/)
Rising elderly population to Propel Market Growth.
The rise in the elderly population aims to provide growth in the Market. As people age, they often require more frequent and specialized medical attention, leading to increased demand for home healthcare products and services. This demographic shift has prompted innovations in medical technology, such as remote monitoring devices and wearable health trackers, to support aging individuals in managing their health at home. Additionally, the desire for independence and comfort among the elderly population further fuels the demand for household healthcare solutions, ranging from mobility aids to home care services, driving growth and investment in this sector.
For instance, according to the UN Department of Economic and Social Affairs, the number of people over 65 worldwide is expected to increase from 771 million in 2022 to 1.6 billion by 2050. Furthermore, it is projected that the number of individuals 80 years of age and above will triple by 2050 compared to the current figure of 143 million in 2019.
(Source: https://desapublications.un.org/file/989/download)
Restraint Factors Of Household Healthcare Market
High costs of products to Restrict Market Growth
The household healthcare market faces challenges due to the high cost of products. Affordability becomes a crucial issue for consumers, limiting their access to essential healthcare solutions within their homes. From medical devices to specialized equipment and even everyday healthcare products, the steep price tags deter many potential users from purchasing or accessing these items. The financial burden often outweighs the perceived benefits, leading to decreased adoption rates and utilization of household healthcare products. This barrier impedes the market's growth and hampers efforts to improve healthcare accessibility and convenience for individuals and families within their own homes.
Impact of COVID-19 on the Household Heal...
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Global Healthcare API is segmented by Application (Hospitals, Healthcare providers, Insurance companies) , Type (Data exchange, Real-time monitoring, Patient data integration, Telemedicine, Health apps) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
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Global Wireless Communication Technologies in Healthcare is segmented by Application (Telecommunications, IT, Consumer Electronics, Business), Type (Wireless, Communication, Technology, Mobile, IT) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
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TBRC global healthcare market report includes healthcare services, pharmaceutical drugs, medical equipment, biologics and veterinary healthcare
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The global remote healthcare market size reached USD 12.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 48.3 Billion by 2033, exhibiting a growth rate (CAGR) of 15.87% during 2025-2033. The increasing prevalence of chronic diseases, the integration of telecommunications and artificial intelligence (AI) platforms, and the implementation of favorable government initiatives to promote telehealth applications are some of the major factors propelling the market.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
|
2019-2024
|
Market Size in 2024 | USD 12.7 Billion |
Market Forecast in 2033 | USD 48.3 Billion |
Market Growth Rate 2025-2033 | 15.87% |
IMARC Group provides an analysis of the key trends in each segment of the global remote healthcare market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on service, application and end user.
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The report on Location-based Services in Healthcare Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global location-based services in healthcare market is segmented on the basis of type, application, and geography.
The global Location-based Services in Healthcare market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. Read More
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The global healthcare cloud computing market size reached USD 51.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 156.4 Billion by 2033, exhibiting a growth rate (CAGR) of 12.61% during 2025-2033. The increasing prevalence of various health conditions, rising need for improved patient care, streamlined operations, and enhanced data-driven decision-making, and the introduction of mobile health (mHealth) applications are some of the major factors propelling the market.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
|
2019-2024
|
Market Size in 2024 | USD 51.0 Billion |
Market Forecast in 2033 | USD 156.4 Billion |
Market Growth Rate (2025-2033) | 12.61% |
IMARC Group provides an analysis of the key trends in each segment of the global healthcare cloud computing market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on service model, cloud deployment model, application, and end user.
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Global Augmented Reality & Virtual Reality in Healthcare Market is estimated to be valued US$ XX.X million in 2019. The report on Augmented Reality & Virtual Reality in Healthcare Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global augmented reality & virtual reality in healthcare market is segmented on the basis of type, application, and geography.
Europe market was valued at US$ XX.X million in 2018 and is projected to reach US$ XX.X million in 2029, and register a CAGR of X.X% during the forecast period, according to a new Market.us (Prudour Research) study. Read More
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Global Big Data Analytics in Healthcare Market is estimated to be valued US$ XX.X million in 2019. The report on Big Data Analytics in Healthcare Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global big data analytics in healthcare market is segmented on the basis of type, application, and geography.
In 2019, the North America market is valued US$ XX.X million and the market share is estimated X.X%, and it is expected to be US$ XX.X million and X.X% in 2029, with a CAGR X.X% from 2020 to 2029. Read More
In 2019, robotic systems accounted for an over 85 percent share of the worldwide healthcare service robots market, while instruments and consumables took approximately 15 percent of the market. There was forecast to be little change in the make-up of the healthcare service robots market by 2026.
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Global Home Healthcare is segmented by Application (Elderly care, chronic disease management, rehabilitation) , Type (Home monitoring, telehealth, caregiver services, health management, equipment supply) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
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The global healthcare cold chain logistics market size reached USD 18.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 23.2 Billion by 2033, exhibiting a growth rate (CAGR) of 2.8% during 2025-2033. The market is expanding due to rising global demand for biopharmaceuticals that are sensitive to temperature, growing vaccine industry, increasing clinical trials, and technological developments in refrigeration and monitoring systems that guarantee the safe distribution of pharmaceuticals.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 18.1 Billion |
Market Forecast in 2033
| USD 23.2 Billion |
Market Growth Rate (2025-2033) | 2.8% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2025-2033. Our report has categorized the market based on product and segment.
Over the last two observations, the revenue is forecast to significantly increase in all segments. This reflects the overall trend throughout the entire forecast period from 2019 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Digital Treatment & Care segment achieves the highest value of 163.31 billion U.S. dollars in 2029. Find further statistics on other topics such as a comparison of the average revenue per user in the Republic of the Congo and a comparison of the average revenue per user in Sierra Leone. The Statista Market Insights cover a broad range of additional markets.
The global revenue in the digital health market was forecast to continuously increase between 2024 and 2029 by in total 86.4 billion U.S. dollars (+50.27 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 258.25 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the digital health market was continuously increasing over the past years.Find further information concerning the revenue in the 'Online Doctor Consultations' segment of the digital health market in Brazil and the number of users in the 'Digital Fitness & Well-Being' segment of the digital health market in Belgium. The Statista Market Insights cover a broad range of additional markets.
In 2019, the global digital health market was worth an estimated 175 billion U.S. dollars. With an expected CAGR of almost 25 percent from 2019 to 2025, the digital health market should reach nearly 660 billion dollars by 2025.
Increasing use of digital health tools
Over the last decade, investor funding in the digital health industry has increased significantly. In 2020, over 21 billion U.S. dollars was invested in the industry, compared to around one billion U.S. dollars in 2010. Even before the COVID-19 pandemic in 2020, which sharply increased the need for digital health tools to be used, consumers’ adoption of telemedicine had been increasing.
Further trends
A survey of European health professionals found that they believed the biggest ehealth trend in the coming years will be the use of patient owned health data. In general, most healthcare workers thought ehealth prospects in their country would improve in the coming year. However, the biggest challenge to implementing ehealth changes efficiently and effective in Europe is regarded to be funding and costs.