Product Overview

Intersection of genomic & emerging technologies with healthcare and society is emerging health. It helps to generate customized and reliable medications and also increases healthcare delivery quality. Continuous tracking has been made simple and viable by digital health. The use of digital health has contributed to an increase in the quality of life and a decrease in total spending. The discipline requires the use of ICTs to help overcome the health issues and difficulties faced by people under care. These innovations provide solutions and services for both hardware and software, including telemedicine, web-based research, email, cell phones and apps, text messages, wearable devices, and sensors for clinical or remote monitoring. Digital health is primarily concerned with the advancement of integrated health systems to facilitate the use of computational technology, mobile devices, techniques for computational analysis, and communication media.

Market Highlights

Global Digital Health Market is expected to project a notable CAGR in 2030.

Global Digital Health Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. Growing penetration of smartphones and tablets, increasing demand for remote patient monitoring services, creative mobile health (mHealth) technology applications, increasing demand for advanced health information systems, and government funding for these solutions are expected to drive the growth of the global digital health market over the coming years.

Global Digital Health Market: Segments

mHealth Segment to grow with the highest CAGR during 2019-30

Global Digital Health Market is segmented by technology into mHealth, telehealthcare, digital healthcare systems, and healthcare analytics. The greater market share in 2018 was accounted for by mHealth segment and is expected to see the highest growth during the forecast period. The mHealth includes wearables, mHealth apps, and services. The dominance of the segment is due to the ability of technology to distribute knowledge and information to a broad population more rapidly. The availability of more health apps coupled with increased accessibility has resulted in rising market demand mHealth segment over the forecast period. The usage of mHealth technologies by patients and health care providers also accelerates the growth of the segment. Besides, the key factors driving the mHealth segment are increasing penetration of smartphones and internet access and increased adoption of mHealth technologies by physicians and patients.

Services Segment to grow with the highest CAGR during 2019-30

Global Digital Health Market is segmented by component into Hardware, Software, and Services. The greater market share in 2018 was accounted for by the services segment owing to factors such as rapid hardware and software development and an increase in the number of software updates. These facilities include different operations, such as installation, training and integration, and updating. Besides, the demand for software platforms such as Electronic Health Records (EHR) is driving demand for services as businesses are increasingly focused on delivering post-installation services, including training, optimization, staffing, clinical and other services. Whereas rapid technical developments and rising wearable device penetration are the main factors driving consumer demand for hardware. in the market.

Global Digital Health Market: Market Dynamics

Drivers

Growing Cloud Computing based Applications

Growing application of cloud computing in healthcare settings is one of the major trends being observed in the digital health industry. Computing resources have become cheaper, more efficient, and more readily accessible than before because of the rapid advancement in processing and storage technologies. This technological trend has allowed the development of a new model of computing, called cloud computing, in which on-demand services are supplied to users through the internet. Medical applications, such as pharmacy orders and physician inquiries, are included in these resources; and non-clinical applications, including sales cycle management and patient billing.

Government Initiative for Digital Health Solutions

Increasing funding from government organizations plays a key role in the digital health market's growth. Several government agencies provide support for the introduction of digital technologies in healthcare facilities, in the form of funding and initiatives. Government measures such as awareness campaigns and healthcare IT R&D funding are expected to fuel the growth of the sector. The goal of those initiatives was to increase access to medical care. The growth of the digital health market is also driven by the rising demand for an integrated healthcare information system.

Restrain

High cost of Digital Health products

A key factor expected to restrict the growth of the global digital health market over the forecast period is the growing security issues related to patient data. Besides, a further factor expected to hamper the growth of the target market in the near future is higher capital costs for the construction of technologically advanced systems. The growth of the global digital health market is also limited by stringent regulatory requirements in the United States and risks associated with data privacy and protection.

Global Digital Health Market: Key Players

Allscripts Healthcare Solutions

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

AT & T

Athenahealth

Biotelemetry

Cerner

Cisco Systems

eClinicalWorks

Health Lab

Koninklijke Philips N.V.

LifeWatch

McKesson

Qualcomm

RightPatient

Caradigm

Global Digital Health Market: Regions

Global Digital Health Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Digital Health Market in North America held the largest market share of XX.X% in the year 2018. The rising prevalence of chronic diseases and higher smartphone use have contributed to the region's growth in the industry. In addition, consumer growth has been propelled by the availability of advanced coverage networks. Due to the growing demand for technologically advanced products and government initiatives for the implementation of e-Health legislation across different countries in this region, the market in Europe is expected to register a significant share over the forecast period. Asia-Pacific, however, is expected to experience prosperous growth during the forecast period. The increasing involvement of companies with medical devices is the driving force for the growth of the industry. In addition, the growing production of software has expanded the market base in different countries as well.

Competitive Landscape:

Global Digital Health market, which is highly competitive, consists of several major players such as Qualcomm Incorporated, Cerner Corporation hold a substantial market share in the Global Digital Health market. Other players analyzed in this report are AT&T Inc., Apple Inc., AirStrip Technologies LP, Alcatel-Lucent Corporation, Cerner Corporation, Symantec Corporation, Aruba Networks, Inc., Cisco Systems, Inc., Qualcomm, Inc., Siemens Healthcare, and Philips Healthcare among others

Recently, various developments have been taking place in the market. For instance, In July 2020, Allscripts Healthcare Solutions Inc. and Microsoft Corporation extended their strategic partnership for five years, to expand the development and delivery of cloud-based health IT solutions.

Global Digital Health Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Digital Health Market report also contains analysis on:

Global Digital Health Market Segments:

By Technology:

Mobile Health (mHealth)

Connected devices

mHealth apps

Services

Electronic Health Record (EHR)

Web/cloud-based

On-premises

Telemedicine

Teleconsulting

Telemonitoring

Tele-education

Teletraining

Healthcare Analytics

Descriptive

Predictive

Prescriptive

By Component:

Hardware

Software

Services

By End User:

Business-to-Business (B2B)

Patients

Caregivers

Business-to-Consumers (B2C)

Providers

Payers

Employers

Pharmaceutical Companies

Others

Global Digital Health Market Dynamics

Global Digital Health Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Digital Health Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Hospital Beds Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Digital Health Market

1. Market Size & forecast, 2019A-2030F

1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Digital Health Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Europe: (Brazil, Mexico, Argentina, Rest of Latin America) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Asia-Pacific: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. LATAM: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. MEA: (Brazil, South Africa, Saudi Arabia, U.A.E. and Other Countries) By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Technology: Market Share (2020-2030F)

1. Mobile Health, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Electronic Health Record, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Telemedicine, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Healthcare Analytics, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. By Component: Market Share (2020-2030F)

1. Hardware, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Software, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Service, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Healthcare Analytics, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. By End User: Market Share (2020-2030F)

1. B2B, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. B2C, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

Company Profile

1. Merck & Co. Inc

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. AbbVie Inc.

3. Bristol Myers Squibb Company

4. Hoffmann-La Roche Ltd.

5. LAURUS Labs

6. Zydus Cadila

7. Hetero Healthcare Limited

8. GlaxoSmithKline PLC

9. Cipla Inc.

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)