Digital Health Market To Report Impressive Growth, Revenue To Surge To US$ 423.11 Billion By 2024 – ZMR

Global digital health market expected to generate revenue of around USD 423.11 billion by the end of 2024, growing at a CAGR of around 19.35% between 2018 and 2024.

New York, United States - September 29, 2020 /MarketersMedia/ —

With the presence of a large pool of participants, the global digital health market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). CONMED Corp., Olympus Corp., Fujifilm Holding Corp., Boston Scientific Corp., Cook Medical Inc., Covidien Plc, Stryker Corp., and Smith & Nephew Plc are some of the key vendors of endoscopy devices across the world. These players across digital health market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the digital health market study.

Citing an instance, recently, DarioHealth – a leading Israel-based digital health firm offering mobile health and big data services – declared that launching of version 4.1 of its Dario® App for Dario Blood Glucose Monitoring System, which is a part of its digital diabetes data management tool. Reportedly, the app that is available through both direct-to-consumer tool and healthcare service providers is now fully integrated with the DarioEngage patient management & coaching tool.

As estimated in this report, the global digital health market stood at US$ 122.66 billion in 2017. Witnessing a tremendous rise during the period from 2018 to 2024, the revenue in this digital health market is expected to reach US$ 423.11 billion by the end of the forecast period. The main product types available in this digital health market are healthcare information systems and wearable devices. Among them, the demand for healthcare information systems is relatively higher and the trend is anticipated to remain so over the next few years, notes the digital health market research report.

Massive Need For Improving Healthcare Service Effectiveness To Soar Market

“Growing need to improve the efficiency of healthcare service delivery with prominent increase in chronic ailments along with favorable government policies as well as initiatives taken by healthcare firms will impel digital health market trends in the coming years,” says the author of this study. Apart from this, growing preference of firms to develop new products is likely to open new growth vistas for digital health market in the years ahead.

Get Free Research Report Sample PDF more Insights -

Favorable Government Policies To Support North America Maintain Dominance

Regionally, North America has been leading the worldwide digital health market and is anticipated to continue on the dominant position in the years to come, states the digital health market study. Rise in the number of initiatives taken by government organizations and healthcare communities for spreading awareness about digital health importance among the global population is the main factor behind the dominance of the North America digital health market. The high number of market players being headquartered in North America is another significant factor that is supporting this regional digital health market.

Browse Covid-19 Impact Analysis -

The global digital health market is segmented as follows:

By Product

Healthcare Information Systems
Clinical Solutions
Clinical Decision Support System
Computerized Physician Order Entry
Non-Clinical Solutions
Wearable Devices
Diagnostic & Monitoring Devices
Digital Therapeutic Devices

By Component


By Sales Channels

Business-to-Business (B2B)
Wellness Centers
Fitness Centers
Business-to-Consumers (B2C)

By Region

North America
The U.S.


Asia Pacific

Latin America

The Middle East and Africa

Browse Blog -

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Info:
Name: Joel John
Email: Send Email
Organization: Zion Market Research
Address: 244 Fifth Avenue, Suite N202
Phone: +1-855-465-4651

Source URL:

Source: MarketersMedia

Release ID: 88978977

More News From Weekly Rebound

Oturu scores 30 as Minnesota beats No. 19 Michigan 75-67

Oct 25, 2020

MINNEAPOLIS — Daniel Oturu shook off an injury and had a career game to help Minnesota take down another ranked opponent. Oturu scored a career-high 30 points and the Gophers went on a late 11-0 run to beat No. 19 Michigan 75-67 on Sunday. The sophomore center had 20 points in a dominant first half, and he continued his roll with six quick points after the break. But with 14:35 remaining, he hit the deck hard while fighting for a rebound. He stayed on the floor for nearly five minutes, clutching his left shoulder as a hush fell over the...

Bey scores 33, leads No. 16 Villanova past Georgetown 80-66

Oct 25, 2020

PHILADELPHIA — Saddiq Bey hit eight 3-pointers and scored a career-high 33 points to lead No. 16 Villanova to an 80-66 win over Georgetown on Saturday. Bey, a 6-foot-8 sophomore forward, hadn't been much of a 3-pointer shooter this season for the Wildcats (12-3, 3-1 Big East). He'd made only 21 and four of those came in a nonconference game against Ohio. He shot just 3-for-10 overall in a win this week at Creighton, hardly a sign he was about to bust out with a career game against the Hoyas (11-6, 1-3). Left open, and determined to shoot, Bey had...

Former UConn coach Jim Calhoun earns 900th career win

Oct 25, 2020

WEST HARTFORD, Conn. — Jim Calhoun’s 900th win looked like so many others during a Hall of Fame coaching career. He stomped. He screamed. He slammed objects. The only real difference is the sideline he now controls. The longtime Connecticut coach added another milestone Friday night when the University of Saint Joseph beat Pratt Institute 105-61. Now in his second season coaching in Division III, Calhoun joined Mike Krzyzewski, Jim Boeheim and Bob Knight — all former rivals and national champions at college basketball’s highest level — as the only coaches to coach at least 10 seasons in Division I...

Stewart leads way in Washington's 72-40 blowout of USC

Oct 25, 2020

SEATTLE — After a lackluster thud to begin Pac-12 Conference play, Washington rebounded with its biggest conference blowout in nearly a decade. Isaiah Stewart scored 18 points and grabbed 10 rebounds, Quade Green added 14 points and Washington rebounded from a loss to open conference play with a 72-40 romp over Southern California on Sunday night. Stewart was again dominant on the interior despite sitting the final 9 minutes of the first half with foul trouble. The freshman post was 6-of-12 shooting and had two of Washington’s 12 blocked shots. Fellow freshman Jaden McDaniels added 11 points despite an off...

Grizzlies take advantage of George's absence to top Clippers

Oct 25, 2020

LOS ANGELES — Jae Crowder scored 27 points and the Memphis Grizzlies took advantage of Los Angeles star Paul George's absence to rout the Clippers 140-114 on Saturday. Jaren Jackson Jr. added 24 points, and Ja Morant and Dillon Brooks had 22 points each to help Memphis improve to 7-10 on the road with its highest scoring game of the season. Montrezl Harrell led the Clippers with 28 points, and Kawhi Leonard and Lou Williams added 24 points each. The team appeared out of sorts from the start without George. He sat out with left hamstring tightness and Los Angeles...

Sign up now!