Key Highlights
- The global digital health market size was valued at approximately $217 billion in 2021
- By 2025, over 50% of healthcare providers are expected to use telemedicine solutions
- The number of health apps downloaded globally reached 196 million in 2021
- In 2020, telehealth use increased by 154% compared to the previous year
- By 2027, the digital therapeutics market is projected to reach $9.4 billion
- Approximately 80% of hospitals in the U.S. utilize some form of health IT system
- The wearable device market was valued at $54.2 billion in 2021 and is expected to grow rapidly
- Nearly 40% of Americans used telehealth services during the pandemic
- Digital health startups attracted approximately $21.6 billion in funding in 2021
- Around 62% of patients are willing to use virtual reality for pain management
- The number of remote patient monitoring devices shipped worldwide reached 150 million units in 2021
- By 2023, the mobile health app market is projected to reach $111.1 billion
- The majority of clinicians (about 85%) believe that digital tools improve patient care
The digital health industry is booming, with a market valued at over $217 billion in 2021 and projections indicating it will revolutionize healthcare through telemedicine, wearable devices, AI, and virtual care, transforming patient experiences and provider practices worldwide.
Health Apps and Consumer Usage
- The number of health apps downloaded globally reached 196 million in 2021
- 65% of consumers are willing to share health data with digital health apps
- 90% of healthcare organizations are integrating AI into their clinical workflows
- 81% of consumers are willing to participate in digital health research studies if asked
- About 70% of health apps are used on smartphones, predominantly in North America and Europe
Health Apps and Consumer Usage Interpretation
With nearly 200 million downloads in 2021 and a majority of consumers eager to share data and participate in research, the digital health industry is swiftly transforming from niche to norm — proving that when it comes to health, our smartphones are increasingly becoming the data-driven compass guiding future care.
Healthcare Provider and User Engagement
- By 2025, over 50% of healthcare providers are expected to use telemedicine solutions
- Nearly 40% of Americans used telehealth services during the pandemic
- Around 62% of patients are willing to use virtual reality for pain management
- The majority of clinicians (about 85%) believe that digital tools improve patient care
- 70% of healthcare providers believe digital health can improve the quality of healthcare services
- 60% of patients want to access their medical records via mobile apps
- 83% of Americans are willing to use digital health tools to track their health data
- In a 2023 survey, 78% of patients expressed satisfaction with telemedicine visits
- Digital health responsiveness led to a 20% reduction in hospital readmission rates
- More than 70% of healthcare executives believe digital health will enhance patient engagement
- Digital health market penetration is highest among developed countries, with over 85% adoption rate in some regions
- A survey found that 70% of patients are comfortable with AI-driven chatbots for basic health inquiries
- Digital health can reduce hospital costs by up to 25% through improved efficiency
- About 52% of patients prefer virtual consultations over in-person visits
- Digital health literacy among patients varies widely, with only approximately 40% demonstrating adequate digital health literacy skills
Healthcare Provider and User Engagement Interpretation
By 2025, as over half of healthcare providers embrace telemedicine and a growing majority of Americans actively engage with digital health tools—despite only 40% feeling digitally literate—the industry is rapidly transforming into a high-tech frontier where virtual care, AI chatbots, and mobile record access promise to boost patient engagement, reduce costs, and even cut hospital readmissions, proving that in healthcare, being digitally savvy is no longer optional—it's essential.
Market Growth
- The number of patients using wearable health technology increased by over 60% during the COVID-19 pandemic
Market Growth Interpretation
The surge in wearable health device users by over 60% during COVID-19 signals that, in a time of crisis, we not only wore our masks but also our ambitions for healthier, more tech-savvy lives.
Market Size
- The number of remote patient monitoring devices shipped worldwide reached 150 million units in 2021
Market Size Interpretation
With 150 million remote patient monitoring devices shipped worldwide in 2021, it's clear that healthcare is increasingly going digital—that is, if you can't visit the doctor, your devices are just going to do it for you.
Market Size and Market Growth
- The global digital health market size was valued at approximately $217 billion in 2021
- In 2020, telehealth use increased by 154% compared to the previous year
- By 2027, the digital therapeutics market is projected to reach $9.4 billion
- The wearable device market was valued at $54.2 billion in 2021 and is expected to grow rapidly
- By 2023, the mobile health app market is projected to reach $111.1 billion
- AI in healthcare is expected to save the industry $150 billion annually by 2026
- In 2022, the telehealth market share accounted for approximately 12% of all outpatient visits in the US
- The global digital therapeutics market is projected to grow at a CAGR of 20.4% from 2022 to 2028
- The adoption rate of blockchain in healthcare is expected to reach 35% by 2025
- Virtual healthcare visits are expected to outnumber in-person visits by 2024
- Precision medicine driven by digital health accounted for nearly $70 billion in global healthcare spending in 2020
- The number of digital health device connections is projected to reach 1.4 billion worldwide by 2025
- The telehealth market in Europe is expected to grow at a CAGR of 24% from 2021 to 2028
- The global mHealth apps market is expected to reach $100 billion by 2026
- The use of chatbots in healthcare is expected to increase by 34% annually through 2025
- The global digital health workforce was estimated at over 4 million professionals in 2022
- The adoption of augmented reality in surgery is expected to grow at a CAGR of 25% through 2027
- The use of mobile health sensors increased by 50% between 2020 and 2022
- Digital mental health solutions saw a 35% increase in adoption during the COVID-19 pandemic
- The global market for digital health communication platforms is expected to reach $3 billion by 2026
- Smartphone penetration is over 75% in North America, facilitating wider access to digital health services
- The use of remote diagnostics increased by 40% in 2021, driven largely by the pandemic
- The global AI healthcare market is forecasted to reach $45.2 billion by 2026
- Percentage of elderly population using telehealth services increased by 30% from 2019 to 2022
- The global wearable ECG device market is projected to grow at a CAGR of 8.9% between 2021 and 2028
- The number of digital health patents filed worldwide increased by 12% annually from 2019 to 2022
- 55% of healthcare providers plan to increase their digital health budget in the coming year
- The digital health chatbot market is projected to reach $2.86 billion by 2027
- The use of AI for diagnostic purposes is expected to grow by 30% annually through 2025
- The global telemedicine market is projected to reach $185 billion by 2026
- The use of cloud computing for health data storage is expected to grow at a CAGR of 12.3% from 2021 to 2028
- The global market for digital health coaching is expected to grow at a CAGR of 15.1% between 2022 and 2028
Market Size and Market Growth Interpretation
With the digital health industry swelling to over $217 billion and projected to push further into trillion-dollar territory, it's clear that health is going fully digital—so much so that virtual visits will soon outnumber in-person ones, and AI, wearables, and chatbots are not just shaping the future but rapidly becoming the doctors and nurses of tomorrow.
Startups, Innovation, and Market Trends
- Digital health startups attracted approximately $21.6 billion in funding in 2021
- In 2022, the top three health tech startups in funding raised over $2 billion combined
- Nearly 90% of health tech startups are focusing on data security and privacy
- The number of health tech startups founded annually has increased by 25% from 2019 to 2022
Startups, Innovation, and Market Trends Interpretation
With digital health startups securing a staggering $21.6 billion in 2021 and witnessing a 25% annual surge in new entrants—most fiercely guarding patient data—it's clear that health innovation is not only booming but also increasingly vigilant about trust in a rapidly evolving tech landscape.
Technologies and Infrastructure Adoption
- Approximately 80% of hospitals in the U.S. utilize some form of health IT system
- About 65% of hospitals are integrating digital health solutions for patient monitoring
- The adoption of digital health records per hospital has increased to about 90% in 2022
- The adoption of 5G technology in healthcare is projected to improve telehealth services by enabling high-bandwidth, low-latency applications
Technologies and Infrastructure Adoption Interpretation
With 90% of hospitals embracing digital health records and 80% deploying health IT systems, the healthcare industry is clearly wired for the future, and the advent of 5G promises to transform telehealth from a technological novelty into a mainstream, high-speed lifeline.
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