In 2023, the worldwide digital transformation in healthcare industry is projected to be valued at US$ 65.2 billion. Over the next decade, it is predicted to grow substantially, reaching an estimated US$ 253.6 billion by 2033. This represents a strong annual growth rate of 14.5% from 2023 to 2033.
Digital health is a popular term these days because more and more healthcare places like hospitals and nursing homes are using digital tools like telehealth and mobile health apps to give patients immediate medical care.
Digital technology has had a huge impact on different areas like public services, retail, banking, finance, and manufacturing. But its most significant transformation has occurred in the field of medicine, as more and more people are relying on digital health platforms.
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The emergence of healthcare smartphone applications and incentive proposals by government agencies have played an essential part in the healthcare sector. With this scenario anticipated to continue in the coming years, the healthcare market’s digital transformation will likely accelerate. Furthermore, in nations such as Germany, the United States, China, and others, digital healthcare is regarded as an emerging technology.
Key Takeaways:
- Between 2018 and 2022, the digital transformation in the healthcare market grew at a CAGR of 21.4%.
- As per the report, the United States accounted for 21.2% of the global market in 2022.
- Over the forecast period, the digital transformation of healthcare in the United Kingdom is expected to grow at a CAGR of 16.1%.
- Over the forecast period, the digital transformation of the Chinese healthcare market is expected to grow at a CAGR of 15.5%.
- The hospitals and clinics segment was expected to account for 39.7% of the market in 2022.
“ In the coming years, the market is anticipated to be influenced by a surge in the adoption of cutting-edge and sophisticated technologies across multiple sectors of the healthcare sector. ” says our Analyst.
Key Players:
- IBM Corporation
- CGI Group Inc.
- Accenture PLC
- Deloitte LLP
- HCL Technologies
- AT&T Inc.
- PWC LLP
- GE Healthcare Limited
- Atos Syntel
- Medtronic Plc.
- Dell Inc.
- Cisco Systems Inc.
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Key Segments Profiled in the Digital Transformation in Healthcare
By Solution:
- Software
- Service
By Organization Size:
- Small and Medium Size Enterprises
- Large Enterprises
By Technology:
- Artificial Intelligence
- Cloud Computing
- Big Data & Analytics
- Internet of Things
- Cybersecurity
By End User:
- Hospitals & Clinics
- Pharma Companies
- Life Science & Biotech Companies
- Healthcare Insurance Providers
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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