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U.S. Digital Health Market Size, Share & Trends Analysis Report By Technology (Tele-healthcare, mHealth), By Component (Software, Hardware, Services), By Application (Obesity, Diabetes), By End-use, And Segment Forecasts, 2024 - 2030
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U.S. Digital Health Market Growth & Trends:
The U.S. digital health market size is expected to reach USD 276.62 billion by 2030, registering a CAGR of 19.5% over the forecast period, according to a new report by Grand View Research, Inc. The improvement in internet coverage facilities and the innovation of smartphones are anticipated to drive the digitalization of healthcare organizations. The growing awareness regarding maintaining a healthy lifestyle is also driving the adoption of mHealth apps among consumers. The favorable technology-friendly consumer base looking forward to accessing healthcare and medical assistance through digital health solutions and the improved healthcare IT infrastructure in the U.S. is expected to accelerate the market growth.
The high adoption of digital health platforms by service providers to actively engage their patients and improve the quality of care by easily accessing patient information is supporting the market growth. The COVID-19 pandemic has also exposed the care gaps in the existing treatment process, which, in turn, is driving the adoption of virtual and digital healthcare solutions. The telehealthcare technology segment dominated the market in 2023, owing to the growing adoption of digital communication technologies, such as mhealth, telehealth, and telecare platforms. The increasing preference for remote patient monitoring services also accelerated the market growth in the U.S.
The shortage of medical professionals and increasing preference for remote patient engagement by healthcare providers using telehealth platforms will support the segment growth. Moreover, the preference of hospitals to connect with patients using telehealth platforms and improve provider-patient interactions to offer quality healthcare services accelerates the segment growth. In addition, the increasing geriatric population, prevalence of chronic disorders, and the trend of preventive healthcare have driven several initiatives to be undertaken by the government.
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, collaborations, 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.
The healthcare industry has experienced a notable surge in demand for telemedicine and telehealth services in recent years. The service providers and developers continuously strive to create web-hosted and cloud-based platforms to efficiently deliver virtual care services, improving patient care in distant areas. The preference for video consultations is increasing as they reduce the necessity for in-person appointments and traveling to healthcare facilities. In November 2023, AristaMD, a company specializing in digital healthcare in referral management and eConsults services, partnered with Sitka to promote video consultations and virtual nurse navigators.
U.S. Digital Health Market Report Highlights:
- Based on technology, the telehealthcare segment led the market in 2023, due to the high adoption of digital communication technologies, such as mHealth, telehealth, and telecare platforms
- Based on component, the services component segment accounted for the maximum revenue share in 2023 due to the increased adoption of digital healthcare platforms coupled with the high demand for installation, maintenance, and training & development services
- Based on application, the diabetes segment dominated the market with the largest share in 2023 and is expected to register the fastest growth over the forecast period. The obesity segment is the second largest in application area of the digital health market, owing to the increasing cases of obesity.
- Based on end-use, the patient segment held the largest revenue share in 2023 and is expected to witness the fastest CAGR from 2024 to 2030, owing to the increasing patient populations
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Technology
- 1.2.2. Component
- 1.2.3. Application
- 1.2.4. End-use
- 1.3. Estimates and Forecast Timeline
- 1.4. Research Methodology
- 1.5. Information Procurement
- 1.5.1. Purchased Database
- 1.5.2. GVR's Internal Database
- 1.5.3. Secondary Sources
- 1.5.4. Primary Research
- 1.6. Information Analysis
- 1.6.1. Data Analysis Models
- 1.7. Market Formulation & Data Visualization
- 1.8. Model Details
- 1.8.1. Commodity Flow Analysis
- 1.9. List of Secondary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.2.1. Technology outlook
- 2.2.2. Component outlook
- 2.2.3. Application outlook
- 2.2.4. End-use outlook
- 2.2.5. Country outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. U.S. Digital Health Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing adoption of digital healthcare
- 3.2.1.2. Shortage of medical professionals and increasing demand for healthcare
- 3.2.1.3. Rise in artificial intelligence, IoT, and big data
- 3.2.1.4. Growing adoption of mobile health applications
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Cybersecurity and privacy concerns
- 3.2.2.2. Lack of healthcare infrastructure
- 3.3. Business Environment Analysis
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
Chapter 4. U.S. Digital Health Market Segment Analysis, By Technology, 2018 - 2030 (USD Million)
- 4.1. Definition and Scope
- 4.2. Technology Segment Dashboard
- 4.3. U.S. Digital Health Market, by Technology, 2018 to 2030
- 4.4. Tele-Healthcare
- 4.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2. Telecare
- 4.4.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2.2. Activity monitoring
- 4.4.2.3. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2.4. Remote medication management
- 4.4.2.5. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3. Telehealth
- 4.4.3.1. Market estimates and forecasts, 2018 to 2030, (USD Million)
- 4.4.3.2. Long-term care (LTC) monitoring
- 4.4.3.3. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3.4. Video consultation
- 4.4.3.5. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5. mHealth
- 4.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2. Wearables & Connected Medical Devices
- 4.5.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2. Vital Sign Monitoring Devices
- 4.5.2.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.2. Heart Rate Monitors
- 4.5.2.2.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.3. Activity Monitors
- 4.5.2.2.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.4. Electrocardiographs
- 4.5.2.2.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.5. Pulse Oximeters
- 4.5.2.2.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.6. Spirometers
- 4.5.2.2.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.7. Blood Pressure Monitors
- 4.5.2.2.7.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.2.8. Others
- 4.5.2.2.8.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.3. Sleep Monitoring Devices
- 4.5.2.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.3.2. Sleep trackers.
- 4.5.2.3.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.3.3. Wrist Actigraphs
- 4.5.2.3.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.3.4. Polysomnographs
- 4.5.2.3.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.3.5. Others
- 4.5.2.3.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.4. Electrocardiographs Fetal and Obstetric Devices
- 4.5.2.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.5. Neuromonitoring Devices
- 4.5.2.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.5.2. Electroencephalographs
- 4.5.2.5.3. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.5.4. Electromyographs
- 4.5.2.5.5. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.2.5.6. Others
- 4.5.2.5.7. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3. mHealth Apps
- 4.5.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2. Medical Apps
- 4.5.3.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.2. Women's Health
- 4.5.3.2.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.2.2. Menstrual Health
- 4.5.3.2.2.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.2.3. Pregnancy Tracking & Postpartum Care
- 4.5.3.2.2.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.2.4. Menopause
- 4.5.3.2.2.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.2.5. Disease Management
- 4.5.3.2.2.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.2.6. Others
- 4.5.3.2.2.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.Chronic Disease Management Apps
- 4.5.3.2.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.2. Diabetes Management Apps
- 4.5.3.2.3.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.3. Blood Pressure and ECG Monitoring Apps
- 4.5.3.2.3.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.4. Mental Health Management Apps
- 4.5.3.2.3.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.5. Cancer Management Apps
- 4.5.3.2.3.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.6. Obesity Management Apps
- 4.5.3.2.3.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.3.7. Other Chronic Disease Management Apps
- 4.5.3.2.3.7.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.4.Personal Health Record Apps
- 4.5.3.2.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.5.Medication Management Apps
- 4.5.3.2.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.6.Diagnostic Apps
- 4.5.3.2.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.7.Remote Monitoring Apps
- 4.5.3.2.7.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.2.8.Others (Medical Reference, Professional Networking, Healthcare Education)
- 4.5.3.2.8.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.3. Fitness Apps
- 4.5.3.3.1.Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.3.2.Exercise & Fitness
- 4.5.3.3.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.3.3.Diet & Nutrition
- 4.5.3.3.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5.3.3.4.Lifestyle & Stress
- 4.5.3.3.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6. Services
- 4.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.2. Monitoring Services
- 4.6.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.2.2. Independent Aging Solutions
- 4.6.2.2.1.Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.2.3. Chronic Disease Management & Post-Acute Care Services
- 4.6.2.3.1.Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.3. Diagnosis Services
- 4.6.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.4. Healthcare Systems Strengthening Services
- 4.6.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6.5. Others
- 4.6.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7. Digital Health Systems
- 4.7.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7.2. EHR
- 4.7.2.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.7.3. E-prescribing Systems
- 4.7.3.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.8. Healthcare Analytics
- 4.8.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. U.S. Digital Health Market: Segment Analysis, by Component, 2018 - 2030 (USD Million)
- 5.1. Definition and Scope
- 5.2. Component Segment Dashboard
- 5.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.4. Software
- 5.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Hardware
- 5.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.6. Services
- 5.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. U.S. Digital Health Market: Segment Analysis, by Application, 2018 - 2030 (USD Million)
- 6.1. Definition and Scope
- 6.2. Application Segment Dashboard
- 6.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.4. Obesity
- 6.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Diabetes
- 6.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. Cardiovascular
- 6.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.7. Respiratory Diseases
- 6.7.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.8. Others
- 6.8.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. U.S. Digital Health Market: Segment Analysis, by End-use, 2018 - 2030 (USD Million)
- 7.1. Definition and Scope
- 7.2. End-use Segment Dashboard
- 7.3. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.4. Patients
- 7.4.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.5. Providers
- 7.5.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.6. Payers
- 7.6.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.7. Others
- 7.7.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company/Competition Categorization
- 8.3. Vendor Landscape
- 8.3.1. List of key distributors and channel partners
- 8.3.2. Key customers
- 8.3.3. Key company market share analysis, 2023
- 8.3.4. Apple Inc.
- 8.3.4.1. Company overview
- 8.3.4.2. Financial performance
- 8.3.4.3. Product benchmarking
- 8.3.4.4. Strategic initiatives
- 8.3.5. AT&T
- 8.3.5.1. Company overview
- 8.3.5.2. Financial performance
- 8.3.5.3. Product benchmarking
- 8.3.5.4. Strategic initiatives
- 8.3.6. Airstrip Technologies
- 8.3.6.1. Company overview
- 8.3.6.2. Financial performance
- 8.3.6.3. Product benchmarking
- 8.3.6.4. Strategic initiatives
- 8.3.7. Allscripts
- 8.3.7.1. Company overview
- 8.3.7.2. Financial performance
- 8.3.7.3. Product benchmarking
- 8.3.7.4. Strategic initiatives
- 8.3.8. Google Inc.
- 8.3.8.1. Company overview
- 8.3.8.2. Financial performance
- 8.3.8.3. Product benchmarking
- 8.3.8.4. Strategic initiatives
- 8.3.9. Orange
- 8.3.9.1. Company overview
- 8.3.9.2. Financial performance
- 8.3.9.3. Product benchmarking
- 8.3.9.4. Strategic initiatives
- 8.3.10. Qualcomm Technologies Inc.
- 8.3.10.1. Company overview
- 8.3.10.2. Financial performance
- 8.3.10.3. Product benchmarking
- 8.3.10.4. Strategic initiatives
- 8.3.11. Softserve
- 8.3.11.1. Company overview
- 8.3.11.2. Financial performance
- 8.3.11.3. Product benchmarking
- 8.3.11.4. Strategic initiatives
- 8.3.12. MQure
- 8.3.12.1. Company overview
- 8.3.12.2. Financial performance
- 8.3.12.3. Product benchmarking
- 8.3.12.4. Strategic initiatives
- 8.3.13. Telefonica S.A
- 8.3.13.1. Company overview
- 8.3.13.2. Financial performance
- 8.3.13.3. Product benchmarking
- 8.3.13.4. Strategic initiatives
- 8.3.14. Samsung Electronics Co., Ltd., Inc.
- 8.3.14.1. Company overview
- 8.3.14.2. Financial performance
- 8.3.14.3. Product benchmarking
- 8.3.14.4. Strategic initiatives
- 8.3.15. Vodafone Group
- 8.3.15.1. Company overview
- 8.3.15.2. Financial performance
- 8.3.15.3. Product benchmarking
- 8.3.15.4. Strategic initiatives
- 8.3.16. Cerner Corporation
- 8.3.16.1. Company overview
- 8.3.16.2. Financial performance
- 8.3.16.3. Product benchmarking
- 8.3.16.4. Strategic initiatives
- 8.3.17. McKesson Corporation
- 8.3.17.1. Company overview
- 8.3.17.2. Financial performance
- 8.3.17.3. Product benchmarking
- 8.3.17.4. Strategic initiatives
- 8.3.18. Epic Systems Corporation
- 8.3.18.1. Company overview
- 8.3.18.2. Financial performance
- 8.3.18.3. Product benchmarking
- 8.3.18.4. Strategic initiatives
- 8.3.19. NextGen Healthcare Inc.
- 8.3.19.1. Company overview
- 8.3.19.2. Financial performance
- 8.3.19.3. Product benchmarking
- 8.3.19.4. Strategic initiatives
- 8.3.20. ReWalk Robotics Ltd.
- 8.3.20.1. Company overview
- 8.3.20.2. Financial performance
- 8.3.20.3. Product benchmarking
- 8.3.20.4. Strategic initiatives
- 8.3.21. Greenway Health LLC
- 8.3.21.1. Company overview
- 8.3.21.2. Financial performance
- 8.3.21.3. Product benchmarking
- 8.3.21.4. Strategic initiatives
- 8.3.22. CureMD Healthcare
- 8.3.22.1. Company overview
- 8.3.22.2. Financial performance
- 8.3.22.3. Product benchmarking
- 8.3.22.4. Strategic initiatives
- 8.3.23. HIMS
- 8.3.23.1. Company overview
- 8.3.23.2. Financial performance
- 8.3.23.3. Product benchmarking
- 8.3.23.4. Strategic initiatives
- 8.3.24. Vocera Communications
- 8.3.24.1. Company overview
- 8.3.24.2. Financial performance
- 8.3.24.3. Product benchmarking
- 8.3.24.4. Strategic initiatives
- 8.3.25. IBM Corporation
- 8.3.25.1. Company overview
- 8.3.25.2. Financial performance
- 8.3.25.3. Product benchmarking
- 8.3.25.4. Strategic initiatives
- 8.3.26. Siemens Healthcare GmbH
- 8.3.26.1. Company overview
- 8.3.26.2. Financial performance
- 8.3.26.3. Product benchmarking
- 8.3.26.4. Strategic initiatives
- 8.3.27. Cisco Systems, Inc.
- 8.3.27.1. Company overview
- 8.3.27.2. Financial performance
- 8.3.27.3. Product benchmarking
- 8.3.27.4. Strategic initiatives
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