Digital Health Market Size

  • Report ID: 993
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Digital Health Market Size

Digital Health Market size was valued at USD 305.74 billion in 2024 and is likely to cross USD 1.98 trillion by the end of 2037, expanding at more than 15.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of digital health is assessed at USD 343.65 billion.

The growth of the market can be attributed to the rising use of mobile applications for health and fitness, followed by rising efforts by government bodies to boost the digital health. For instance, more than 318,000 health apps were available for download in 2018 nearly twice as many as there were in the biggest app stores in 2015 across the globe.  Also, to further the growth of healthcare, the United Nations and the World Health Organization introduced a General Plan of Work, 2019–2023, which involves accelerating the creation, expansion, and use of digital health solutions.

 In addition to these, factors that are believed to fuel the market growth of digital health include the growing adoption of telehealth services and the rising use of smartphones by experts. Numerous telemedicine solutions, including websites, robots, and chatbots, enable virtual doctor visits and primary care, e-prescriptions, remote patient monitoring, and screening in real-time, all of which is playing a crucial role in providing timely attention to the patient. Almost 25% of doctors use mobile devices to provide patient care, and 4 out of 5 doctors use them to help with their daily tasks. Furthermore, telemedicine has become 50% more popular in behavioral health for scheduling virtual consultation with counsellors, psychologists, and other behavioral health.


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Author Credits:  Radhika Pawar


  • Report ID: 993
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of digital health is assessed at USD 343.65 billion.

The digital health market size was valued at USD 305.74 billion in 2024 and is likely to cross USD 1.98 trillion by the end of 2037, expanding at more than 15.3% CAGR during the forecast period i.e., between 2025-2037. Rising use of electronic health records and fitness wearable devices followed by the rising use of mobile and laptops will boost the market growth.

North America is set to dominate majority industry share by 2037, propelled by rising demand for electronic health records.

The major players in the market include GE Healthcare, Avia, Oracle, Mckesson Corporation, Epic Systems Corporation, Samsung Electronics Co., Ltd., Apple, Inc., AirStrip Technologies, Inc., Qualcomm Technologies, Inc., CISCO Systems, Inc.
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