The term "digital health" refers to the vast, multidisciplinary field that encompasses ideas from the nexus of technology and healthcare. By combining software, hardware, and services, digital health brings digital transformation to the healthcare industry. Under its umbrella, digital health includes mobile health (mHealth) apps, electronic health records (EHRs), electronic medical records (EMRs), wearable devices, telehealth and telemedicine, as well as personalized medicine.

Market Dynamics:

Increasing use of digital health platforms globally by healthcare practitioners and increasing technological advancements globally are expected to propel the market growth over the forecast period. For instance, on March 27, 2023, Royal Philips, a global leader in health technology, announced the debut of Philips Virtual Care Management, a comprehensive portfolio of flexible solutions and services to help health systems, providers, payers, and employer groups more meaningfully motivate and deeply connect with patients from virtually anywhere.

Digital Health Market Segmentation:

• By Technology
• • Telehealthcare
  • mHealth
  • Health Analytics
  • Digital Health Systems
  • Telemedicine
  • Others
• By Component
• • Software
  • Hardware
  • Services
  • Connected Devices
  • Others
• By End User
• • Hospitals & Clinics
  • Health Insurance Firms
• By Region
• • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa
• Top Companies in the Digital Health Market:
• • Teladoc Health
  • American Well Corporation
  • Doctor on Demand
  • MDLIVE
  • Maple
  • Steady Health
  • Anthropic
  • CloudMedx
  • Babylon
  • Buoy Health