Home
»
Press Room
»
Digital Health Market To Reach $946.04 Billion By 2030

Digital Health Market Size To Reach $946.04 Billion By 2030

February 2025 | Report Format: Electronic (PDF)

Digital Health Market Growth & Trends

The global digital health market size is anticipated to reach USD 946.04 billion in 2030 and is projected to grow at a CAGR of 22.2% from 2025 to 2030. The market growth driven by various factors. These include the proliferation of smartphones, advancements in internet connectivity, the development of IT infrastructure, increasing healthcare IT expenditures, overburdened healthcare facilities, a growing shortage of healthcare providers, rising demand for remote patient monitoring services, escalating medical costs, improved accessibility of virtual care services, and the increasing prevalence of chronic diseases. This growth is further propelled by the ongoing trend of digitalization in healthcare. This trend finds support in expanding public-private partnerships, emerging startups in the healthcare sector, and favorable initiatives undertaken by governments to promote digital health solutions.

Digital health encompasses diverse technologies such as telehealth services, health information technology, and mobile health (mHealth) to enhance communication within healthcare systems, fostering improved interactions between doctors and patients. The relevance of digital health technology has grown significantly, especially during the COVID-19 pandemic. These contemporary solutions enhance the patient-doctor relationship and extend preventive disease strategies. Furthermore, they contribute to a shift in healthcare towards value-based treatment, amplifying the accessibility of health information for both patients and healthcare providers.

Furthermore, integrating wearable devices into healthcare reshapes how individuals manage their health. Wearables like fitness trackers and smartwatches enable continuous monitoring of vital signs, physical activity, and other health metrics. This real-time data empowers individuals to take a proactive role in their well-being and allows healthcare providers to offer personalized preventive care. Companies such as Apple and Fitbit exemplify the success of wearables in the digital health market, emphasizing the fusion of technology and health monitoring.

Many nations have adopted telemedicine, remote monitoring platforms, and telehealth services to enable physical interactions among physicians and the patient population. Therefore, digital health industry experienced a boost in terms of revenue in 2020-2021 and is expected to maintain an upward trajectory in the projected technology life cycle. For instance, MyDoc, a telehealth platform headquartered in Singapore, witnessed a 160% growth in daily active users in 2020. Government initiatives to promote global digitalization in the healthcare sector are playing a significant role in propelling the market’s growth. For instance, in the 2022 budget session, the Government of India launched a digital health ecosystem as part of the Ayushman Bharat Digital Health Mission (ABDM). In October 2021, the French government revealed plans to invest over USD 650 million to enhance its digital health infrastructure nationally.

The digital health industry is a dynamic space where both established entities and startups compete for prominence, driven by the prospect of improving healthcare accessibility, affordability, and outcomes. Tech and healthcare giants are making ventures into this industry, coexisting with emerging local startups that address specific regional needs, attracting global investment. The growth of AI-powered solutions for patient monitoring and personalized care is evident, with the increasing involvement of healthcare professionals in their development and adoption. Moreover, various players are actively adopting strategies such as mergers, acquisitions, collaboration, partnerships, and product launches to maintain a competitive edge. For instance, in July 2023, Epic Systems Corporation collaborated with Nuance Communications, Inc., a Microsoft Company, to develop the Nuance Dragon Ambient eXperience (DAX) Express solution, which expands access to care for patients and enhances healthcare outcomes. Additionally, in December 2022, Greenway Health, LLC. Launched the Greenway Engagement Model, a client engagement program, to strengthen the healthcare technology journey of its clients.

key Request a free sample copy or view report summary: Digital Health Market Report

Digital Health Market Report Highlights

The global digital health market is characterized by continuous innovation, with a strong focus on user-friendly telehealth technologies
The services segment accounted for the largest revenue share of 37.9% in 2024, owing to the growing demand for services, such as installation, staffing, training, maintenance, and other services.
The tele healthcare segment dominated the market with a revenue share of 45.0% in 2024 and is expected to register the fastest CAGR over the forecast period
The patient segment held the largest share of 34.5% in 2024 and is expected to witness the fastest CAGR over the forecast period, owing to the shift toward patient-centered care and high awareness of managing health among individuals
North America digital health market dominated global market in 2024 with a revenue share of 37.7% owing to technological advancements

Digital Health Market Segmentation

Grand View Research has segmented the global digital health market report on the basis of technology, component, application, end-use, and region:

Digital Health Technology Outlook (Revenue, USD Million, 2018 - 2030)

Tele-healthcare
- Tele-care
  - Activity Monitoring
  - Remote Medication Management
- Tele-health
  - LTC Monitoring
  - Video Consultation
mHealth
- Wearables & Connected Medical Devices
  - Vital Sign Monitoring Devices
    - Heart Rate Monitors
    - Activity Monitors
    - Electrocardiographs
    - Pulse Oximeters
    - Spirometers
    - Blood Pressure Monitors
    - Others
  - Sleep Monitoring Devices
    - Sleep trackers
    - Wrist Actigraphs
    - Polysomnographs
    - Others
  - Electrocardiographs Fetal & Obstetric Devices
  - Neuromonitoring Devices
    - Electroencephalographs
    - Electromyographs
    - Others
- mHealth Apps
  - Medical Apps
    - Women's Health
      - Fitness & Nutrition
      - Menstrual Health
      - Pregnancy Tracking & Postpartum Care
      - Menopause
      - Disease Management
      - Others
    - Chronic Disease Management Apps
      - Diabetes Management Apps
      - Blood Pressure & ECG Monitoring Apps
      - Mental Health Management Apps
      - Cancer Management Apps
      - Obesity Management Apps
      - Other Chronic Disease Management Apps
    - Personal Health Record Apps
    - Medication Management Apps
    - Diagnostic Apps
    - Remote Monitoring Apps
    - Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
  - Fitness Apps
    - Exercise & Fitness
    - Diet & Nutrition
    - Lifestyle & Stress
- Services
  - Monitoring Services
    - Independent Aging Solutions
    - Chronic Disease Management & Post-Acute Care Services
  - Diagnosis Services
  - Healthcare Systems Strengthening Services
  - Others
Digital Health Systems
- EHR
- E-prescribing Systems
Healthcare Analytics