The global digital health for cardiovascular market accounted for USD 35.36 billion in 2023 and is expected to reach USD 322.29 billion by 2034 with a CAGR of 22.25% during the forecast period 2024-2034. The market will grow due to the increasing prevalence of cardiovascular diseases, the growing use and development of technology, increased focus on preventive healthcare, reimbursement policies, and partnerships and collaborations.
The increasing global incidence of cardiovascular disorders, such as heart disease, stroke, and hypertension, is a key factor propelling the use of digital health technologies. There's an increasing need for novel strategies for prevention, early detection, and management of CVDs since they continue to be the world's leading cause of morbidity and mortality. For instance, Wellysis, a Samsung subsidiary, collaborated with Artella Solutions (ARTELLA) to launch its remote cardiac monitoring service in the United States in March 2024. Through this cooperation, ten states will have access to ARTELLA's FDA-approved S-Patch ECG monitoring technology.
By component, the services segment accounted for the highest revenue-grossing segment in the global digital health for the cardiovascular market in 2023 owing to the increased demand for telemedicine consultations, remote monitoring programs, and digital therapeutics tailored to cardiovascular care, driving the adoption of value-based healthcare delivery models and personalized patient interventions. For instance, BIOTRONIK released a whole new mobile app update in April 2022 to improve patient involvement in their care and to make communication with medical experts easier for users of cardiac devices. Patients with any compatible BIOTRONIK equipment can use the Patient App. Additionally, the software segment is predicted to grow at the fastest CAGR during the forecast period owing to the rapid advancements in artificial intelligence (AI) and machine learning algorithms, enabling more accurate diagnosis, predictive analytics, and personalized treatment recommendations for cardiovascular diseases, thereby enhancing clinical decision-making and patient outcomes.
By end-user, the patient segment accounted for the highest revenue-grossing segment in the global digital health for the cardiovascular market in 2023 owing to the increasing focus on patient-centered care, rising adoption of self-monitoring devices, and growing demand for personalized health management solutions among individuals with cardiovascular conditions, driving the uptake of digital health technologies for better patient engagement and empowerment. For instance, in March 2023, Apple Inc. revealed plans to improve AirPods to promote digital health by incorporating health-tracking technologies like motion detection, temperature monitoring, and biometric sensors that can detect heart rate and perspiration by 2025. Additionally, the provider segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing integration of digital health solutions into clinical workflows, rising demand for telemedicine and remote patient monitoring tools among healthcare providers, and the implementation of value-based care models incentivizing the adoption of technology-enabled cardiovascular care delivery methods.
North American region is anticipated to have the highest revenue share during the forecast period owing to the high adoption rate of digital health technologies, robust healthcare infrastructure, favorable regulatory environment, and strong investment in research and development initiatives focused on cardiovascular care, driving market growth and innovation in the region. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing prevalence of cardiovascular diseases, rising healthcare expenditure, growing adoption of digital health solutions, and expanding access to healthcare services in emerging economies, driving market expansion and investment in the Asia Pacific region. For instance, in May 2022, KardiaComplete, a comprehensive heart health enterprise solution designed to improve health outcomes and reduce the costs associated with cardiac care, was presented by AlivCor, Inc., a pioneer in the personal ECG product space.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
The increasing global incidence of cardiovascular disorders, such as heart disease, stroke, and hypertension, is a key factor propelling the use of digital health technologies. There's an increasing need for novel strategies for prevention, early detection, and management of CVDs since they continue to be the world's leading cause of morbidity and mortality. For instance, Wellysis, a Samsung subsidiary, collaborated with Artella Solutions (ARTELLA) to launch its remote cardiac monitoring service in the United States in March 2024. Through this cooperation, ten states will have access to ARTELLA's FDA-approved S-Patch ECG monitoring technology.
By component, the services segment accounted for the highest revenue-grossing segment in the global digital health for the cardiovascular market in 2023 owing to the increased demand for telemedicine consultations, remote monitoring programs, and digital therapeutics tailored to cardiovascular care, driving the adoption of value-based healthcare delivery models and personalized patient interventions. For instance, BIOTRONIK released a whole new mobile app update in April 2022 to improve patient involvement in their care and to make communication with medical experts easier for users of cardiac devices. Patients with any compatible BIOTRONIK equipment can use the Patient App. Additionally, the software segment is predicted to grow at the fastest CAGR during the forecast period owing to the rapid advancements in artificial intelligence (AI) and machine learning algorithms, enabling more accurate diagnosis, predictive analytics, and personalized treatment recommendations for cardiovascular diseases, thereby enhancing clinical decision-making and patient outcomes.
By end-user, the patient segment accounted for the highest revenue-grossing segment in the global digital health for the cardiovascular market in 2023 owing to the increasing focus on patient-centered care, rising adoption of self-monitoring devices, and growing demand for personalized health management solutions among individuals with cardiovascular conditions, driving the uptake of digital health technologies for better patient engagement and empowerment. For instance, in March 2023, Apple Inc. revealed plans to improve AirPods to promote digital health by incorporating health-tracking technologies like motion detection, temperature monitoring, and biometric sensors that can detect heart rate and perspiration by 2025. Additionally, the provider segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing integration of digital health solutions into clinical workflows, rising demand for telemedicine and remote patient monitoring tools among healthcare providers, and the implementation of value-based care models incentivizing the adoption of technology-enabled cardiovascular care delivery methods.
North American region is anticipated to have the highest revenue share during the forecast period owing to the high adoption rate of digital health technologies, robust healthcare infrastructure, favorable regulatory environment, and strong investment in research and development initiatives focused on cardiovascular care, driving market growth and innovation in the region. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing prevalence of cardiovascular diseases, rising healthcare expenditure, growing adoption of digital health solutions, and expanding access to healthcare services in emerging economies, driving market expansion and investment in the Asia Pacific region. For instance, in May 2022, KardiaComplete, a comprehensive heart health enterprise solution designed to improve health outcomes and reduce the costs associated with cardiac care, was presented by AlivCor, Inc., a pioneer in the personal ECG product space.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Component, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: Digital Health for Cardiovascular Market Report 2023 - 2034
Digital Health for Cardiovascular Market Analysis & Forecast by Component 2023 - 2034 (Revenue USD Bn)
- Software
- Hardware
- Services
Digital Health for Cardiovascular Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Patients
- Providers
- Payers
- Others
Digital Health for Cardiovascular Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Digital Health for Cardiovascular Market: Component Estimates & Trend Analysis
8. Digital Health for Cardiovascular Market: End-User Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Digital Health for Cardiovascular Market
11. Europe Global Digital Health for Cardiovascular Market
12. Asia Pacific Global Digital Health for Cardiovascular Market
13. Latin America Global Digital Health for Cardiovascular Market
14. MEA Global Digital Health for Cardiovascular Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- Biofourmis
- Cardiologs
- Caption Health
- HeartFlow. iRhythm Technologies
- AliveCor
- Cardiac Insight
- Bay Labs
- Cardiologs Technologies
- Cardiomatics
- CardiAI
- Cardiologs SA
- CardiologyAI
- Cardiomatics Inc.
- HeartVista.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | October 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 35.36 Billion |
| Forecasted Market Value ( USD | $ 322.29 Billion |
| Compound Annual Growth Rate | 22.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
