The Europe Digital Health In Neurology Market would witness market growth of 21.8 % CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe Digital Health In Neurology Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,369.6 million by 2030. The UK market is exhibiting a CAGR of 20.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 22.7% during (2023 - 2030).
AI algorithms assist in the early detection of neurological abnormalities, improving diagnostic accuracy and efficiency. As per the data from the International Trade Administration for Healthcare IT, the Ministry of Health in Brazil announced investments of $83 million for digitalizing the public basic healthcare system (SUS) from 2020 to 2028. Likewise, as per the data from the International Trade Administration, in 2022, the UK Government published its National AI Strategy and Action Plan, outlining a package of over $1.3 billion of support for the sector. The nation's digital transformation of finance, insurance, healthcare, and business services is the primary factor propelling the development of artificial intelligence.
Furthermore, digital therapeutics platforms offer neurorehabilitation solutions, including virtual exercises and gamified modules. These applications support rehabilitating and managing neurological disorders, promoting personalized and accessible therapy. Gamified modules within digital therapeutics platforms introduce gaming elements into the rehabilitation process. These modules often incorporate challenges, rewards, and interactive scenarios to make therapy sessions more engaging and enjoyable.
Alzheimer's disease and other forms of dementia pose significant challenges in Europe's aging population. Healthcare solutions, including cognitive training apps, remote monitoring systems, and telehealth services, aim to enhance individuals with cognitive impairments. As per Eurostat, in 2020, there were 194,000 deaths in the EU resulting from mental and behavioral disorders, equivalent to 3.7 % of all deaths. Relative to the population, there were 39 deaths from mental and behavioral disorders per 100,000 inhabitants in the EU in 2020. Hence, the rising neurological disease in Europe is expected to boost the demand for healthcare in neurology in the region.
Based on Component, the market is segmented into Services, Software and Hardware. Based on End Use, the market is segmented into Patients, Providers, Payers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe Digital Health In Neurology Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,369.6 million by 2030. The UK market is exhibiting a CAGR of 20.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 22.7% during (2023 - 2030).
AI algorithms assist in the early detection of neurological abnormalities, improving diagnostic accuracy and efficiency. As per the data from the International Trade Administration for Healthcare IT, the Ministry of Health in Brazil announced investments of $83 million for digitalizing the public basic healthcare system (SUS) from 2020 to 2028. Likewise, as per the data from the International Trade Administration, in 2022, the UK Government published its National AI Strategy and Action Plan, outlining a package of over $1.3 billion of support for the sector. The nation's digital transformation of finance, insurance, healthcare, and business services is the primary factor propelling the development of artificial intelligence.
Furthermore, digital therapeutics platforms offer neurorehabilitation solutions, including virtual exercises and gamified modules. These applications support rehabilitating and managing neurological disorders, promoting personalized and accessible therapy. Gamified modules within digital therapeutics platforms introduce gaming elements into the rehabilitation process. These modules often incorporate challenges, rewards, and interactive scenarios to make therapy sessions more engaging and enjoyable.
Alzheimer's disease and other forms of dementia pose significant challenges in Europe's aging population. Healthcare solutions, including cognitive training apps, remote monitoring systems, and telehealth services, aim to enhance individuals with cognitive impairments. As per Eurostat, in 2020, there were 194,000 deaths in the EU resulting from mental and behavioral disorders, equivalent to 3.7 % of all deaths. Relative to the population, there were 39 deaths from mental and behavioral disorders per 100,000 inhabitants in the EU in 2020. Hence, the rising neurological disease in Europe is expected to boost the demand for healthcare in neurology in the region.
Based on Component, the market is segmented into Services, Software and Hardware. Based on End Use, the market is segmented into Patients, Providers, Payers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Neofect
- Teladoc Health, Inc.
- Omada Health, Inc.
- AdvancedMD, Inc.
- Blackrock Microsystems Inc.
- Big Health Inc.
- BehaVR, LLC.
- Aural Analytics, Inc.
- AppliedVR, Inc.
- Akili, Inc.
Market Report Segmentation
By Component- Services
- Software
- Hardware
- Patients
- Providers
- Payers
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Europe Digital Health In Neurology Market by Component
Chapter 6. Europe Digital Health In Neurology Market by End Use
Chapter 7. Europe Digital Health In Neurology Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Neofect
- Teladoc Health, Inc.
- Omada Health, Inc.
- AdvancedMD, Inc.
- Blackrock Microsystems Inc.
- Big Health Inc.
- BehaVR, LLC.
- Aural Analytics, Inc.
- AppliedVR, Inc.
- Akili, Inc.
Methodology
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