The Digital Health Market was at US$ 181.6 Billion in 2021 and is growing to approx US$ 1.5 Trillion by 2030, with a CAGR growth of 29.2% between 2027 and 2030.
— Custom Market Insights
SANDY, UTAH, UNITED STATES, October 19, 2022 /EINPresswire.com/ — According to the study, The Global Digital Health Market was estimated at USD 181.6 Billion in 2021 and is anticipated to reach around USD 1.5 Trillion by 2030, growing at a CAGR of roughly 29.2% between 2027 and 2030.
Digital Health Market Market: Overview
Digital health refers to the application of information and communication technology in the healthcare field for the remote management of chronic conditions. Mobile health (mHealth), wearable technologies, telehealth and telemedicine, health information technology (IT), and customized medicine are all part of the digital health sector.
The healthcare sector has undergone a digital change, including software, hardware, and services. The expanding elderly population, childhood illnesses and deaths, high costs, difficulties connected to poverty, and racial discrimination related to access to health care have made the need for medical reform particularly pressing. Additionally, pandemics…