U.S. Digital Health Market Report 2021-2028: Rise in Public-Private Partnerships, Digital Infrastructure Developments, Increasing Healthcare IT Expenditure, and Growing Government Support – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “U.S. Digital Health Market Size, Share & Trends Analysis Report by Technology (mHealth, Healthcare Analytics, Tele-healthcare), by Component (Software, Services, Hardware), and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering.

The U.S. digital health market size is expected to reach USD 86.4 billion by 2028 and is expected to expand at a CAGR of 12.7%

The development and innovation of smartphones with advancing internet coverage facilities are driving the digitalization of the healthcare industry.

The growing awareness and demand for pursuing a healthy lifestyle, is driving consumers to rapidly adopt mHealth applications and services. Advancements in healthcare IT infrastructure and the increasing number of technology-friendly consumers are allowing individuals to seamlessly access healthcare and medical assistance through digital health solutions.

Healthcare providers are readily adopting mHealth applications, telehealth applications, and Electronic Health Record (HER) systems to actively engage with their patients and easily access patient information to improve the quality of care. The COVID-19 pandemic exposed the shortcomings and care gaps of the existing healthcare systems and also drove the adoption of virtual care &digital health solutions.

The pandemic burdened the delivery system of healthcare systems and constrained the existing healthcare resources, creating multiple challenges for the normal functioning of the U.S. healthcare system. The pandemic enforced travel restrictions, lockdowns, reduced in-person visits, which drove the adoption of virtual care and digital health solutions.

The U.S. healthcare system developed innovative digital health services, remote patient monitoring platforms, mHealth applications, and telehealth platforms to enhance patient-provider engagement and deliver care to patients in remote locations. Key market players witnessed a surge in adoption rates and revenue earnings.

For instance, American Well recorded a 1,000% rise in inpatient visits in virtual cares settings. In addition, healthcare payers began collaborating with digital health players to deliver free teleconsultation services to their insured members.

The rise in public-private partnerships, developments in digital infrastructure, increasing healthcare IT expenditure, and growing government support are bolstering the adoption of digital health and virtual care solutions.

U.S. Digital Health Market Report Highlights

  • The mHealth technology segment dominated the market in 2020, in terms of revenue share
  • The growth was credited to the factors, such as the improving internet connectivity & increasing smartphone penetration, availability of a large number of mHealth apps, and the emergence of startups
  • The healthcare analytics segment is anticipated to record the fastest CAGR over the forecast years
  • This growth is owing to the growing demand for streamlining workflows and improving operational efficiencies
  • The services segment dominated the market in 2020 due to the rapid advancements in the hardware and software solutions segment
  • The growing need for services, such as installation, training & development, and maintenance, is driving the growth of the segment
  • The software segment is expected to record the fastest growth rate over the forecast period owing to the rapid adoption of software solutions to streamline workflows, eliminate data siloes, and reduce growing healthcare expenses & costs

Key Topics Covered:

Chapter 1 Research Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 U.S. Digital Health Market Variables, Trends & Scope

3.1 Market Segmentation

3.2 Penetration and Growth Prospect Mapping

3.3 U.S. Digital Health Market Dynamics

3.3.1 Market Driver Analysis

3.3.2 Market Restraint Analysis

3.3.3 Industry Challenges

3.4 U.S. Digital Health Market Analysis Tools

3.4.1 Industry Analysis – Porter’s

3.4.2 PESTEL Analysis

3.5 U.S. Regulatory Landscape

3.6 Technology Landscape

3.7 Impact of COVID-19 on U.S. Digital Health Market

Chapter 4 U.S Digital Health Market: Competitive Analysis

4.1 Recent Developments & Impact Analysis, By Key Market Participants

4.1.1 Product Development

4.1.2 Partnerships

4.1.3 Mergers & Acquisitions

4.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging Players)

4.3 Vendor Landscape

4.3.1 List of Key Distributors and Channel Partners

4.3.2 Key Customers

4.3.3 Key Company Market Share Analysis, 2020

4.3.4 U.S. Vendor Landscape

4.3.4.1 Public Companies

4.3.4.2 Private Companies

Chapter 5 U.S. Digital Health Market: Technology Estimates & Trend Analysis

5.1 Segment dashboard (USD Million)

5.2 U.S. Digital Health market: technology movement analysis, 2020 & 2028 (USD Million)

5.2.1 Tele-Healthcare

5.2.1.1 Tele-healthcare market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.1.2 Telecare

5.2.1.2.1 U.S. Telecare market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.1.2.2 Activity Monitoring

5.2.1.2.3 Remote Medication Monitoring

5.2.1.3 Telehealth

5.2.1.3.1 U.S. Telehealth market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.1.3.2 LTC Monitoring

5.2.1.3.3 Video Consultation

5.2.2 mHealth

5.2.2.1 mHealth market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.2.2 Monitoring Services

5.2.2.2.1 U.S. Monitoring Services market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.2.2.2 Independent Aging Solutions

5.2.2.2.3 Chronic Disease Management and Post-Acute Services

5.2.2.3 Diagnosis Services

5.2.2.4 Healthcare Systems Strengthening Services

5.2.2.5 Other Services

5.2.2.6 Mobile Operators

5.2.2.7 Device Vendors

5.2.2.8 Content Players

5.2.2.9 Healthcare Providers

5.2.2.10 Wearables

5.2.2.10.1 U.S. Wearables market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.2.10.2 BP Monitors

5.2.2.10.3 Glucose Monitors

5.2.2.10.4 Pulse Oximeters

5.2.2.10.5 Sleep Apnea Monitors

5.2.2.10.6 Neurological Monitors

5.2.2.10.7 Activity Trackers/Actigraphs

5.2.2.11 mHealth Apps

5.2.2.12 Fitness Apps

5.2.3 Healthcare Analytics

5.2.4 Digital Health System

5.2.4.1 Digital Health System market estimates and forecasts, 2014 – 2028 (USD Million)

5.2.4.2 Electronic Health Records (EHR)

5.2.4.2.1 U.S. electronic health records (EHR) market estimates and forecasts, 2014- 2028 (USD Million)

5.2.4.2.2 E-Prescribing System

Chapter 6 U.S. Digital Health Market: Component Estimates & Trend Analysis

6.1 Segment dashboard (USD Million)

6.2 U.S Digital Health market: Component movement analysis, 2020 & 2028 (USD Million)

6.2.1 Software

6.2.2 Hardware

6.2.3 Services

Chapter 7 U.S. Digital Health Market: Competitive Landscape

  • Apple Inc
  • AT&T
  • Airstrip Technologies
  • Allscripts
  • Google Inc
  • Orange
  • Qualcomm Technologies Inc.
  • Softserve
  • MQure
  • Telefonica S.A
  • Samsung Electronics Co. Ltd.
  • Vodafone Group
  • Cerner Corporation
  • McKesson Corporation
  • Epic Systems Corporation
  • NextGen Healthcare Inc.
  • ReWalk Robotics Ltd.
  • Greenway Health LLC
  • CureMD Healthcare
  • HIMS
  • Computer Programs and Systems Inc.
  • Vocera Communications
  • IBM Corporation
  • Siemens Healthcare GmbH
  • Cisco Systems, Inc

For more information about this report visit https://www.researchandmarkets.com/r/5lhiw7

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