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Digital Health Market to Attain Revenue of US$536.6 Billion by 2025 due to Growing Demand for Advanced Devices to Monitor Patients, Says TMRALBANY, New York, Feb. 4, 2019 /PRNewswire/ -- According to TMR, the global digital health market pegged the revenue of US$179.6 bn in 2016 to expand with a CAGR of 13.40% to attain revenue of US$536.6 bn over the forecast period from 2017 and 2025. Based on the product, the mHealth segment is anticipated to witness higher growth on the back of rising penetration of smartphones globally and is expected to remain as dominant over the forecast period. Based on the region, the North American digital health market is witnessing higher growth and expected to remain dominant by the end of the forecast period due to the large patient pool and growing advancement in the products. Get PDF Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12473 Growing Patient-centric Approach to Benefit Growth of Market Swiftly changing technologies across healthcare IT including cloud-based storage systems coupled with booming adoption of smartphones, laptops, and tablets by healthcare providers and hospitals to track patient health are the key factors propelling the growth of the digital health market. Rising development in healthcare IT along with supportive regulations has encouraged the adoption of the numerous healthcare solutions such as electronic medical records (EHR) and remote monitoring, and wearable us boosting the growth of the digital health market. Additionally, raising venture capital and funding from healthcare providers in order to maintain their patient-centric approach is propelling the growth of the digital health market. Additionally, growing investment for enhancing the existing health IT sector is leading to invent new products, which is leading to propel the growth of the global digital health market. Request a Sample of Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12473 High Cost of Technology to Hamper Grwth of the Market Request For Discount On This Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=12473 Transparency Market Research (TMR) witnesses the global digital health market has a highly competitive and fragmented vendor landscape. Some of the companies operating in the global digital health market are Agfa-Gevaert N.V., Cerner Corp., Allscripts Healthcare Solutions Inc., McKesson Corp., Philips Healthcare, GE Healthcare, Siemens Healthineers, Qualcomm Inc., Epic Systems Corp., Truven Health Analytics, and Cisco Systems Inc. These players are taking part in activities such as merger & acquisition, partnership, and strategic collaborations for business expansion and for gaining the competitive edge in the global digital health market. Browse Press Release - https://www.transparencymarketresearch.com/pressrelease/digital-health-market.htm This information is encompassed in the report by TMR, titled "Digital Health Market (Product - Health Care Information Systems and Wearable Devices; Component - Hardware, Software, and Services; End User - B2C and B2B) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025." Popular Research Reports by TMR:
About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact:
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