Today in the digitalized world every company across all the industries have been utilizing digital solutions to engage more customers and provide a better solution. In the healthcare sector, digital healthcare brings a range of advantages to patient care as it makes internal patient data easier and quicker, and saves insurers huge amounts of health costs. According to the market insights, the global market for digital health is set to reach nearly USD 423.11 billion by 2024. The market growth is largely attributable to the growing number of government initiatives aimed at fostering digital health solutions. The market is also growing as the demand for digital healthcare services is growing. Increasing use of smartphones globally and rising adoption of mobile health applications are likely to fuel the business growth of the global digital health service market.
Over the past few years, digital health has become a game changer in the digital health space. It assists in monitoring diseases and gives access to electronic information of patients through mobile devices and tablets. The increasing demand for in-house remote monitoring devices and a growing geriatric population will fortify the growth of digital health and wellness services. By utilizing digital healthcare solutions, physicians or doctors can test out the complete digital health record of their patients and consequently provide the best consultation.
There are a huge number of digital health services providers in the marketplace including Allscripts Healthcare Solutions Inc., GE Healthcare, Truven Health Analytics, McKesson Corp., Agfa-Gevaert N.V., Cerner Corp., Philips Healthcare, Cisco Systems Inc., NetApp., Siemens Healthineers, and Qualcomm Inc.