The report is a comprehensive presentation of trends, forecast and dollar values of global digital health market. According to report the global digital health market is projected to grow at a CAGR of 14% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 10/26/2018 -- "Our latest research report entitled Digital Health Market (by Service (Mobile Device, Cloud Based Solution, Big Data Analytics and Healthcare Mobility), End-User (clinics, government hospitals, specialty hospital and general hospital), (Region- North America, Europe, Asia Pacific, Rest of the World)) provides complete and deep insights into the market dynamics and growth of Digital Health. Latest information on market risks, industry chain structure Digital Health cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Digital Health growth factors.
The forecast Digital Health Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Digital Health on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report."
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Fitbit, Blue Cross Blue Shield Launch Mobile Health Partnership
In August 2018-, Blue Cross Blue Shield Association announced a partnership with Fitbit to include the company's wearables and fitness trackers in its Blue 365 health and wellness program for Blue Cross and Blue Shield (BCBS) members. The deal with BCBSA follows similar partnerships with Humana and United HealthCare.
As part of a commitment to providing consumers with affordable health and wellness products, the Blue 365 program also collaborates with employers to help build a culture of health in the workplace. Fitbit provides a powerful platform to engage consumers by offering data, insights, and guidance to help them meet their health goals. Fitbit is expanding to access devices and software so that we can help more people focus on their health and wellness and achieve better health outcomes.
FDA's Center for Devices and Radiological Health to Promote Growth in the Digital Health Market
Rapidly improving healthcare IT infrastructure along with remote patient monitoring services drives the growth of the digital health market. Additionally, increasing occurrence of cardiovascular disorder and aging population across the world are some of the factors fuelling the growth of the digital health market. However, lack of infrastructure and high capital investment to build the infrastructure in developing economies are likely to restrain the growth of the digital health market. On the other hand, increasing adoption of cloud-based systems and increase in demand for mobile apps are providing huge growth opportunities for the key players in the digital health market over the upcoming years. Implementation of ehealth aims at creation of electronic health card for everyone since 2018 is anticipated to boost the business growth. The card will include health data that can be accessible by hospitals, doctors, as well as pharmacies across the nation with patient consent such implementations are most likely to boost market growth.
Fastest Growing Region to Contribute To Growth in the Global Digital Health Market
U.S accounted for the largest share in the digital health market. The growth in the U.S region is due to increase in occurrence of chronic diseases and growing elderly population base. Moreover, stringent regulatory norms in the United States and threat associated with data privacy and security are restricting the growth of global digital health market. China is anticipated to witness significant growth owing to high adoption rate of technologies and various supportable initiatives undertaken by the Chinese government to support eHealth. Japan accounted for largest Asia Pacific digital health market share owing to the rapid adoption of telehealth and mobile health technology.
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