Product Code: HLCA2223
Global HealthTech Market Overview:
According to SPER Market Research, the Global HealthTech Market is estimated to reach USD 1087.18 billion by 2032 with a CAGR of 18.22%.
The market for Health Techs is expanding as a result of increased customer demand for speedier payment settlements and rising use of cutting-edge technology like IoT and cloud-based solutions. One of the main drivers of the digital health market's expansion is the rise in the use of smartphones, tablets, and other mobile platforms. Other significant drivers include the rapidly improving healthcare IT infrastructure in industrialised countries, the expansion of supportive government initiatives in the U.S. and European region, the rise in demand for remote patient monitoring services, and the growth of venture capital investments. Further expanding the market for digital health throughout the aforementioned projected period will be an increase in technical development, modernization of the digitization, research and development activities, and demand from emerging economies.
Impact of COVID-19 on the Global HealthTech Market
Nearly every business has been impacted by the unmatched worldwide public health emergency known as COVID-19, and the long-term impacts are expected to have an influence on industry growth throughout the course of the projection period.The COVID-19 pandemic outbreak is projected to have a significant impact on the market for Health Techs. The market is anticipated to grow faster during the forecast period due to the surge in demand for virtual consultation services using mHealth applications, teleconsultation, electronic medical records, and virtual fitness platforms, as well as the quick-moving technological advancements.Additionally, the post-pandemic market growth is expected to be fuelled by manufacturer's growing development of next-generation low-cost platforms, such as telemedicine, mHealth, telehealth, and telecare services.The rapid acceleration of market growth was influenced by a number of healthcare-related factors, including mHealth, telecare, patient management, advanced diagnostics, digital integration of health systems, and raising cybersecurity requirements. Telemedicine and other digital health technologies provide healthcare providers excellent opportunities to treat patients while observing lockdown protocols.
Scope of the Report:
- Market size available for years: 2019-2032
- Base year considered: 2021
- Forecast period: 2022-2032
- Segments covered: By Technology, By Component, By End-User, By Applications, By Delivery Mode
- Regions covered: North America, Europe, Asia Pacific, Latin America, Middle East and Africa
- Companies Covered: AirStrip Technologies, Allscripts, Apple Inc., AT&T, Cerner Corporation (Oracle), CISCO Systems Inc, Epic Systems Corporation, Google Inc., HiMS, IBM Corporation, Mqure, McKesson Corporation, Mdlive, Medi Buddy, Medical device as a service (MDAAS), MedPass, Mobicure, Myndtec, NeurNation, Nutrino, Okadoc, Omnia Salud, Pharm Easy, Philip Healthcare, Polycom Inc, Safermom, System Healthcare Solutions, Takalam, TeleMD, UAE's Mulk, Ubenwa, Welli, Wuru, Xtreme VRI, Yerbo
Global Health Tech Market Segmentation:
- By Technology: Based on the Technology, Global Health Tech Market is segmented as; Digital Health Systems (E-prescribing Systems and Electronic Health Records), Health Analytics, Health Information Technology, mHealth {Apps (Medical Apps, Fitness Apps, Services), Wearables (Activity Trackers/Actigraphs, BP Monitors, Glucose Meter, Neurological Monitors, Pulse Oximeter,Sleep Apnea Monitors)}, Telehealthcare {Telehealth (LTC Monitoring, Video Consultation), Telecare (Activity Monitoring,Remote Medication Management), Telemedicine}.
- By Component: Based on the Component, Global Health Tech Market is segmented as; Hardware, Software and Services.
- By End-User: Based on the End-User, Global Health Tech Market is segmented as; Healthcare Providers, Healthcare Payers, Healthcare Consumers, Pharmaceutical Companies and Others.
- By Applications: Based on the Applications, Global Health Tech Market is segmented as; Cardiology, Diabetes, Neurology, Sleep Apnea, Oncology and Others.
- By Delivery Modes: Based on the Delivery Modes, Global Health Tech Market is segmented as;Cloud and On-premises.
- By Region: The region with the fastest growth rate is predicted to be Asia Pacific. The region's expanding eHealth platform adoption and rising healthcare spending are anticipated to fuel the expansion of these services. Government investment on healthcare is predicted to enhance demand for remote patient monitoring and other telehealth services, which will fuel industry growth in the Asia Pacific region.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Health Tech Market
5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4.Heat map analysis
6. Global Health Tech Market, By Technology, 2019-2032 (USD Million)
- 6.1. Digital Health Systems
- 6.1.1. E-Prescribing Systems
- 6.1.2. Electronic Health Records
- 6.2. Health Analytics
- 6.3. Health Information Technology
- 6.4. mHealth
- 6.4.1. Apps
- 6.4.1.1. Medical Apps
- 6.4.1.2. Fitness Apps
- 6.4.1.3. Services
- 6.4.2. Wearables
- 6.4.2.1. Activity Trackers/Actigraphs
- 6.4.2.2. BP Monitors
- 6.4.2.3. Glucose Meter
- 6.4.2.4. Neurological Monitors
- 6.4.2.5. Pulse Oximeter
- 6.4.2.6. Sleep Apnea Monitors
- 6.5. Telehealthcare
- 6.5.1. Telehealth
- 6.5.1.1. LTC Monitoring
- 6.5.1.2. Video Consultation
- 6.5.2. Telecare
- 6.5.2.1. Activity Monitoring
- 6.5.2.2. Remote Medication Management
- 6.5.3. Telemedicine
7. Global Health Tech Market, By Component, 2019-2032 (USD Million)
- 7.1. Hardware
- 7.2. Software
- 7.3. Services
8. Global Health Tech Market, By End-User, 2019-2032 (USD Million)
- 8.1. Healthcare Providers
- 8.2. Healthcare Payers
- 8.3. Healthcare Consumers
- 8.4. Pharmaceutical Companies
- 8.5. Others
9. Global Health Tech Market, By Applications, 2019-2032 (USD Million)
- 9.1. Cardiology
- 9.2. Diabetes
- 9.3. Neurology
- 9.4. Sleep Apnea
- 9.5. Oncology
- 9.6. Others
10. Global Health Tech Market, By Delivery Modes, 2019-2032 (USD Million)
- 10.1. Cloud-Based
- 10.2. On-premises
11. Global Health Tech Market, By Region, 2019-2032 (USD Million)
- 11.1. North America
- 11.1.1. Canada
- 11.1.2. Mexico
- 11.1.3. United States
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Rest of Europe
- 11.2.5. Spain
- 11.2.6. United Kingdom
- 11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. Rest of Asia-Pacific
- 11.3.6. South Korea
- 11.4. South America
- 11.4.1. Brazil
- 11.4.2. Argentina
- 11.4.3. Rest of South America
- 11.5. Middle East & Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Rest of Middle East & Africa
12. Company Profiles
- 12.1. AirStrip Technologies
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Allscripts
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Apple Inc.
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. AT&T
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Cerner Corporation (Oracle)
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. CISCO Systems Inc.
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Epic Systems Corporation
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Google Inc.
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. HiMS
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. IBM Corporation
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. MQure
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
- 12.12. McKesson Corporation
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
- 12.13. MDlive
- 12.13.1. Company details
- 12.13.2. Financial outlook
- 12.13.3. Product summary
- 12.13.4. Recent developments
- 12.14. Medi Buddy
- 12.14.1. Company details
- 12.14.2. Financial outlook
- 12.14.3. Product summary
- 12.14.4. Recent developments
- 12.15. Medical device as a service (MDAAS)
- 12.15.1. Company details
- 12.15.2. Financial outlook
- 12.15.3. Product summary
- 12.15.4. Recent developments
- 12.16. MedPass
- 12.16.1. Company details
- 12.16.2. Financial outlook
- 12.16.3. Product summary
- 12.16.4. Recent developments
- 12.17. Mobicure
- 12.17.1. Company details
- 12.17.2. Financial outlook
- 12.17.3. Product summary
- 12.17.4. Recent developments
- 12.18. Myndtec
- 12.18.1. Company details
- 12.18.2. Financial outlook
- 12.18.3. Product summary
- 12.18.4. Recent developments
- 12.19. NeurNation
- 12.19.1. Company details
- 12.19.2. Financial outlook
- 12.19.3. Product summary
- 12.19.4. Recent developments
- 12.20. Nutrino
- 12.20.1. Company details
- 12.20.2. Financial outlook
- 12.20.3. Product summary
- 12.20.4. Recent developments
- 12.21. Okadoc
- 12.21.1. Company details
- 12.21.2. Financial outlook
- 12.21.3. Product summary
- 12.21.4. Recent developments
- 12.22. Omnia Salud
- 12.22.1. Company details
- 12.22.2. Financial outlook
- 12.22.3. Product summary
- 12.22.4. Recent developments
- 12.23. Pharm Easy
- 12.23.1. Company details
- 12.23.2. Financial outlook
- 12.23.3. Product summary
- 12.23.4. Recent developments
- 12.24. Philip Healthcare
- 12.24.1. Company details
- 12.24.2. Financial outlook
- 12.24.3. Product summary
- 12.24.4. Recent developments
- 12.25. Polycom Inc
- 12.25.1. Company details
- 12.25.2. Financial outlook
- 12.25.3. Product summary
- 12.25.4. Recent developments
- 12.26. Safermom
- 12.26.1. Company details
- 12.26.2. Financial outlook
- 12.26.3. Product summary
- 12.26.4. Recent developments
- 12.27. System Healthcare Solutions
- 12.27.1. Company details
- 12.27.2. Financial outlook
- 12.27.3. Product summary
- 12.27.4. Recent developments
- 12.28. Takalam
- 12.28.1. Company details
- 12.28.2. Financial outlook
- 12.28.3. Product summary
- 12.28.4. Recent developments
- 12.29. Teladoc
- 12.29.1. Company details
- 12.29.2. Financial outlook
- 12.29.3. Product summary
- 12.29.4. Recent developments
- 12.30. TeleMD
- 12.30.1. Company details
- 12.30.2. Financial outlook
- 12.30.3. Product summary
- 12.30.4. Recent developments
- 12.31. UAE's Mulk
- 12.31.1. Company details
- 12.31.2. Financial outlook
- 12.31.3. Product summary
- 12.31.4. Recent developments
- 12.32. Ubenwa
- 12.32.1. Company details
- 12.32.2. Financial outlook
- 12.32.3. Product summary
- 12.32.4. Recent developments
- 12.33. Welli
- 12.33.1. Company details
- 12.33.2. Financial outlook
- 12.33.3. Product summary
- 12.33.4. Recent developments
- 12.34. Wuru
- 12.34.1. Company details
- 12.34.2. Financial outlook
- 12.34.3. Product summary
- 12.34.4. Recent developments
- 12.35. Xtreme VRI
- 12.35.1. Company details
- 12.35.2. Financial outlook
- 12.35.3. Product summary
- 12.35.4. Recent developments
- 12.36. Yerbo
- 12.36.1. Company details
- 12.36.2. Financial outlook
- 12.36.3. Product summary
- 12.36.4. Recent developments