Digital Health Market Report 2025

The digital health market size has grown rapidly in recent years. It will grow from $271.53 billion in 2024 to $319.16 billion in 2025 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to a rise in disposable income, increasing government initiatives in the healthcare field, increased Internet penetration, adoption of advanced technology in the wake of COVID-19, and rapid growth in the elderly population.

The digital health market size is expected to see rapid growth in the next few years. It will grow to $595.47 billion in 2029 at a compound annual growth rate (CAGR) of 16.9%. The growth in the forecast period can be attributed to the rising prevalence of chronic diseases, an aging population, demographic shifts in emerging markets, continued technology development, and an increasing need for healthcare access will drive the growth in the digital health market. Major trends in the forecast period include augmented reality telecollaboration systems, biofeedback APIs, use of blockchain technology, 3D AR surgical navigation, integration of artificial intelligence, and increasing collaborations and partnerships.

The increasing prevalence of chronic diseases such as cancer, diabetes, and hypertension is anticipated to be a significant driving force behind the digital health market. Factors such as long working hours, limited physical activity, and poor dietary habits contribute to the rise of these conditions, leaving individuals more susceptible to chronic illnesses and thereby increasing the demand for digital health service platforms. For example, in January 2024, the American Cancer Society, a US-based nonprofit organization focused on cancer advocacy, reported that the number of cancer cases rose to 2,001,140 in 2024, up from 1,958,310 in 2023, marking a growth of 2.19%. Consequently, the escalating prevalence of chronic diseases is expected to significantly boost market growth.

The growing aging population is projected to significantly drive the growth of the digital health market in the upcoming years. Older individuals are more susceptible to chronic diseases and require long-term care, particularly in areas such as cardiology and orthopedics. For instance, in July 2023, Age UK, a registered charity focused on older people in the UK, reported that there were 11 million individuals aged over 65 in England. This figure is expected to increase by 10% over the next five years and by 32% by 2043, translating to an additional 1.1 million and 3.5 million people, respectively. As the aging population faces a higher risk of chronic diseases, this trend is anticipated to have a substantial impact on the growth of the digital health market during this period.

The adoption of augmented reality (AR) telecollaboration systems is a significant trend gaining traction in the digital health market. AR enhances the real physical world by overlaying digital visual elements, sounds, or other sensory stimuli through technology. In the healthcare sector, AR is utilized by both trained medical professionals and medical students during their training, providing a safe, economical, and comprehensive method to illustrate and teach medical concepts. For example, in May 2024, AppliedVR, a US-based medical technology manufacturer, introduced RelieVRx, the first FDA-authorized virtual reality prescription therapy for chronic lower back pain (CLBP) specifically designed for workers' compensation cases. This device delivers a fully immersive VR experience that helps patients develop skills to manage and alleviate chronic lower back pain. Clinically proven to reduce pain intensity and its impact on daily activities, this cost-effective, non-pharmacological adjunct therapy incorporates validated principles of cognitive behavioral therapy, biofeedback, and emotional regulation.

Major companies in the digital health market are prioritizing the development of digital platforms that incorporate data analytics technologies, including artificial intelligence (AI), to improve patient outcomes, streamline operations, and gain a competitive advantage through enhanced decision-making and personalized care solutions. The integration of AI in digital health platforms supports clinical decision-making, optimizes workflows, and provides data-driven insights that enhance patient care and operational efficiency. For instance, in March 2022, GE Healthcare, a US-based provider of medical technology and digital solutions, introduced the Edison Digital Health Platform. This vendor-agnostic solution is designed for data aggregation and hosting and features an integrated AI engine. The platform allows hospitals and health systems to utilize clinical, workflow, analytics, and AI tools to improve care delivery, enhance operational efficiency, and drive revenue growth, all while alleviating the IT challenges associated with integrating applications across the organization.

In February 2024, Aptar Digital Health, a US-based provider of digital health solutions, acquired Healint for an undisclosed sum. This acquisition aims to capitalize on Healint's expertise in digital health tools that harness real-time data collection and analytics to enhance the management of neurological disorders, including migraines and epilepsy. Healint, based in Singapore, specializes in developing innovative digital health solutions.

Major companies operating in the digital health market include Cerner Corporation, GE Healthcare, Epic Systems Corporation, McKesson Corporation, Allscripts Healthcare Solutions Inc. Truven Health Analytics, Siemens Healthcare AG, eCLINICALWORKS, Cisco Systems Inc., Koninklijke Philips N.V., Innovaccer, Pharm Easy, 1mg, Practo, Mfine, Medi Buddy, Indegene, Ping A Good Doctor, JD Health, Honeywell Lifesciences, Philip Healthcare, Better Doc, Biovotion, BrainControl, Coimbra Genomics, Dacadoo, Doctoralia, Emperra, Exovite, Genexyx, Giraff, Healthbank, NeurNation, Nutrino, Psious, Px Healthcare, SilverCloud, Systems Healthcare Solutions, TrialReach, XtremeVRI, DOC+, Best Doctor, TeleMD, mediSensum, Apteki +, FindMeCure, ECG for Everybody, Eye read, InterAxon, Figure 1, Myndtec, Seamless MD, ApoloHealthMx, ECGlove, Heal on Site, Teladoc, MeMD, Amwell, MDlive, Aerotel Medical Systems Ltd, Care Innovations LLC, Honeywell Life Care Solutions, Polycom Inc, Didoc, Betterfly, Deenty, Examedi, Dentalink, Cero, Wecancer, MedPass, Pixeon, Hi Technologies, Conexa Saude, AXON Digital Health, Wuru, Yerbo, Welii, BioScience, Caecus, Omnia Salud, Altibbi, Dhoner Healthtech, Okadoc, DoctorsAE, Takalam, AlemHealth, DU, UAE's Mulk, Cura, Primary Health Care Corporation, AMD Global Telemedicine Inc, Safermom, Mobicure, Ubenwa, Medsaf, GenRx, Medical device as a service, Kangpe, Hudibia, Lifebank, Redbank.

North America was the largest region in the digital health market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital health market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Digital health encompasses the utilization of information technology and electronic communication tools, services, and procedures to deliver healthcare services and enhance healthcare practices. It includes goods and services traded among entities or sold to end consumers, facilitating the smooth operation of healthcare-related services.

Key types of digital technologies within the realm of digital health include mobile health (mHealth), health information technology, telehealth, telemedicine, and health analytics. mHealth involves healthcare and public health services supported by mobile devices such as phones, tablets, and wireless infrastructure. Health analytics encompasses the management, measurement, or analysis of healthcare data for informed decision-making. Telehealth services provide information on health-related services, medical care, patient education, and digital communication technologies. These technologies find applications in various medical specialties such as cardiology, diabetes, neurology, sleep apnea, and oncology, and are utilized by healthcare providers, payers, and pharmaceutical companies.

The digital health market research report is one of a series of new reports that provides digital health market statistics, including digital health industry global market size, regional shares, competitors with a digital health market share, detailed digital health market segments, market trends and opportunities, and any further data you may need to thrive in the digital health industry. This digital health market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The mHealth apps market consists of sales of clinical and diagnostic apps, remote monitoring apps, productivity apps, reminder apps, text and video communication apps, prescription apps, and mental health apps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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