Digital Health Market is estimated to be valued at USD 350.42 Bn in 2025 and is expected to reach USD 1,143.01 Bn by 2032, growing at a compound annual growth rate (CAGR) of 18.4% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 350.42 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
18.40%
2032 Value Projection:
USD 1,143.01 Bn
The term digital health refers to the vast, multidisciplinary field that encompasses ideas from the nexus of technology and healthcare. By combining software, hardware, and services, digital health brings digital transformation to the healthcare industry. Under its umbrella, digital health includes mobile health (mHealth) apps, electronic health records (EHRs), electronic medical records (EMRs), wearable devices, telehealth and telemedicine, as well as personalized medicine.
Market Dynamics
Increasing use of digital health platforms globally by healthcare practitioners and increasing technological advancements globally are expected to propel the market growth over the forecast period. For instance, on March 27, 2023, Royal Philips, a global leader in health technology, announced the debut of Philips Virtual Care Management, a comprehensive portfolio of flexible solutions and services to help health systems, providers, payers, and employer groups more meaningfully motivate and deeply connect with patients from virtually anywhere.
Market Segmentation
By Technology
Telehealthcare
mHealth
Health Analytics
Digital Health Systems
Telemedicine
Others
By Component
Software
Hardware
Services
Connected Devices
Others
By End User
Hospitals & Clinics
Health Insurance Firms
By Region
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Teladoc Health
American Well Corporation
Doctor on Demand
MDLIVE
Maple
Steady Health
Anthropic
CloudMedx
Babylon
Buoy Health
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Digital Health Market, By Technology
Digital Health Market, By Component
Digital Health Market, By End User
Digital Health Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Drivers
Restraints
Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Digital Health Market, By Technology, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Telehealthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
mHealth
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Health Analytics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Digital Health Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Telemedicine
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Digital Health Market, By Component, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Connected Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Digital Health Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2023and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hospitals & Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
Health Insurance Firms
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Billion)
7. Digital Health Market, By Region, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, By Country, 2023and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
US.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
China
Japan
India
Australia
ASEAN
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Region/Country, 2020-2032, (USD Bn)