DIGITAL MEDICINES MARKET ANALYSIS
Digital Medicines Market-Regional Analysis
On the basis of region, the digital medicine market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa. North America dominates the digital medicine market during the forecast period, increasing prevalence of chronic disease. For instance, according to National Center for Biotechnology Information (NCBI) 2018 report, chronic diseases are among the most prevalent and costly health conditions in the United State around 133 million Americans suffer from at least one chronic disease.
Asia pacific is expected to witness significant growth over the forecast period, owing to rising expenditure in digital healthcare. For instance, according to China Digital Health Care Revolution 2015 reports, in 2014 approximately $700 million in venture funding poured into digital healthcare in china, with investors supporting all thing digital e-commerce to online physician and patient communication service.
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