Outlook of Digital Health Market 2018 by Global Top Players - Allscripts Health Solutions, Siemens Healthineers, Koninklijke Philips N.V., Qualcomm, Proteus Digital Health, Truven Health Analytics Athenahealth, Cisco Systems

Coherent Market Insights has announced the addition of the “ Digital Health Market Size Status and Forecast 2026”, The report classifies the global Digital Health Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Digital Health Speaker market, analyzes and researches the Digital Health Market Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like Allscripts Health Solutions, McKesson Corporation, Cerner Corporation, Siemens Healthineers, GE Healthcare, Koninklijke Philips N.V., Qualcomm, Proteus Digital Health,Truven Health Analytics Athenahealth, Cisco Systems

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Increased user base of smartphones and tablets across globe especially in the developing countries would lead to higher adoption of digital health platform. According to statistics provided by the Pew Research Centre in 2016, 72% population of the U.S. has smartphone access, around 59% of Chinese population and around 45% of Indian population possess smartphone. The number of internet users in India is expected to reach 450-465 million by 2020 as per estimation of the Internet and Mobile Association of India in 2017. This is important market trend as mHealth platform could directly get influenced with higher penetration of smartphones.

Various fitness apps, health apps and health appointment consultation would see rising prospects with higher mobile and internet user base. Platforms such as online pharmacy would also witness upward market growth. Shortage of healthcare providers worldwide would lead higher utilization of digital health platform.

There is expected to be shortage of nurses and physicians in the near future, according to study in 2017 by Association of American Medical Colleges. The U.S. would have a shortage of between 40,800 and 104,900 physicians by 2030, which would create need to adopt digital health platform such as tele medicine, tele care and health information systems such as e-prescription etc.

Global Digital Health Market, By Technology Platform

Tele health
Tele Medicine
Tele Care
mHealth
Digital Health Information Systems
EMR/HER
Clinical Decision Support System (CDSS)
Computerized Physician Order Entry (CPOE)
Others
Diagnostic and Monitoring Devices
Therapeutic Devices
Digital Medicine
Respiratory Therapy Devices
Insulin Pumps
Others
Others

Global Digital Health Market, By End Users

Business to Consumers
Business to Business

Global Digital Health Market, By Geography
North America
Latin America
Europe
Asia Pacific
Middle East
Africa

Population across globe is slowly observing growth in median age with higher number of people crossing age bracket of 60 and above. According to the Population Prospects Report of United Nations published in 2017, in 2017, there are an estimated 962 million people aged 60 or over in the world (13 per cent of the global population). The population aged 60 or above is growing at a rate of about 3 per cent per year and it would reach to 1.4 billion by the year 2030. Such high number of aging population would be immensely benefitted with digital health platform such as tele care and tele medicine in which remote diagnosis and remote monitoring is possible.

Increased prevalence of the chronic disease and need for continuous monitoring would be another important driver for positive outlook of the digital health market during the forecast period. According to the World Health Organization data in 2017, around 40 million people die each year due to chronic disease, which accounts for 70% of all deaths globally. Cardiovascular diseases is responsible for 17.7 million death annually, followed by cancers (8.8 million deaths), respiratory diseases (3.9million deaths), and diabetes (1.6 million deaths).

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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This release was published on openPR.