Product Code: CMI1909
Digital Health Market is estimated to be valued at USD 350.42 Bn in 2025 and is expected to reach USD 1,143.01 Bn by 2032, growing at a compound annual growth rate (CAGR) of 18.4% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 350.42 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
18.40% |
2032 Value Projection: |
USD 1,143.01 Bn |
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.
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
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Teladoc Health
- American Well Corporation
- Doctor on Demand
- MDLIVE
- Maple
- Steady Health
- Anthropic
- CloudMedx
- Babylon
- Buoy Health
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Digital Health Market, By Technology
- Digital Health Market, By Component
- Digital Health Market, By End User
- Digital Health Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Digital Health Market, By Technology, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Telehealthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- mHealth
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Health Analytics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Digital Health Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Telemedicine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Digital Health Market, By Component, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Connected Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Digital Health Market, By End User, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2023and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
- Health Insurance Firms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
7. Digital Health Market, By Region, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, By Country, 2023and 2032 (%)
- Y-o-Y Growth Analysis, For Country, 2021 - 2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
- China
- Japan
- India
- Australia
- ASEAN
- South Korea
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Region/Country, 2020-2032, (USD Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Teladoc Health
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- American Well Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Doctor on Demand
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- MDLIVE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Maple
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Steady Health
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Anthropic
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- CloudMedx
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Babylon
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Buoy Health
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
9. Section
- Research Methodology
- About us