Technology has been rampantly providing impetus to the growth of every industry across the planet by helping ease up several tasks. The technological advancement also happens to be boon for the healthcare sector, arguably the most profitable sector. It is helping in streamlining multiple processes, right from diagnosis to ensuring correct treatment, and management of patient data and monitor their health. Health technologies comprises of numerous things like drugs, vaccines, medical devices along with tests. The medical sector is rapidly turning towards digitalization courtesy of its benefits like optimization of costs, saves time and efficacy. The digital health innovations just like electronic health records and electronic prescriptions, are seeing a thumbs up from the medical fraternity as it not just enhances the healthcare service access, transparency but also in terms of personalization. The global digital health imperative market is grown rapidly each passing day owing to multiple factors.
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Irrespective of heavy burden on the healthcare infrastructure during the period of coronavirus pandemic, the global digital health imperative market made maximum profits. The market flourished as there was a rise in the number of patients, not only those infected with COVID-19 but also other health issues. Use of latest technologies aided in streamlining multiple and also in ensuring much needed practices similar to social distancing and contactless procedures, exactly what the doctor had ordered.
One of the biggest factor has been helping the global digital health imperative market grow is rising demand from payers and providers, not just in developed countries but also developing nations. Meanwhile, higher amount of costs associated with the latest health devices will play a restraining factor for the growth of the global digital health imperative market. Not everyone can afford these devices, despite them being effective. The global digital health imperative market is forecasted to witness massive growth over the period of next couple of years, owing to rapid technological innovations.
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Key Takeaways - Global Digital Health Imperative Market
- On the basis of offerings, the services segment is forecasted to witness growth at the rapid rate. Owing to its recurring nature of revenue and need of timely updates, will help this segment grow.
- On the basis of technology, the mHealth segment is expected to witness growth at the quickest speed courtesy of higher demand for wearables across the globe, especially in youngsters.
- The individual’s segment of the end user segment is more likely to witness fastest growth for this market.
- The region of Asia Pacific is forecasted to generate revenue at the fastest speed for the global digital health imperative market. Higher demand for latest technology and high spending capacity of people in countries like India and China helps this market grow in the region.
Some of the major players operating in the global digital health imperative market are listed below:
- AirStrip Technologies
- Apple, Inc
- Cerner Corporation
- CISCO Systems, Inc.
- Epic Systems Corporation
- Google, Inc.
- IBM Corporation
- Mckesson Corporation
- QSI Management, LLC
- Qualcomm Technologies, Inc.
- Samsung Electronics Co. Ltd
- Seamless MD
- Telefonica S.A.
- Vocera Communications
- Vodafone Group
- Other Market Participants
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Global Digital Health Imperative Market
- Cloud Based
- Activity Monitoring
- Remote medication Management
- LTC Monitoring
- Video Consultation
- BP Monitors
- Glucose Meters
- Pulse Oximeters
- Sleep Apnea Monitors
- Neurological Monitors
- Activity Trackers/ Actigraphs
- mHealth Apps
- Medical Apps
- Fitness Apps
- Monitoring services
- Independent Aging Solutions
- Chronic Disease Management & Post-acute Care Services
- Diagnosis Services
- Healthcare Systems Strengthening Services
- Healthcare Analytics
- Digital Health Systems
- E-prescribing Systems
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- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries, Benelux Union, Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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