North America Digital Health Market is Projected to Cross USD 173 by 2027 - PowerPoint PPT Presentation

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North America Digital Health Market is Projected to Cross USD 173 by 2027

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North American Digital Health Market size is projected to cross USD 173 billion by 2027. North America digital health market size is expected to grow at a promising rate in the coming years as investments from both the public and private organizations to enhance the existing healthcare infrastructure are growing. The adoption of IT solutions in healthcare, known as healthcare IT today, is increasing at a notable rate. The demand to get advanced and highly precise treatments is increasing among patients. – PowerPoint PPT presentation

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Title: North America Digital Health Market is Projected to Cross USD 173 by 2027


1

North America Digital Health Market To Witness
Lucrative Growth Through 2027
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  • North American Digital Health Market size is
    projected to cross USD 173 billion by 2027. North
    America digital health market size is expected to
    grow at a promising rate in the coming years as
    investments from both the public and private
    organizations to enhance the existing healthcare
    infrastructure are growing. The adoption of IT
    solutions in healthcare, known as healthcare IT
    today, is increasing at a notable rate. The
    demand to get advanced and highly precise
    treatments is increasing among patients.
  • The percentage of people suffering from chronic
    ailments is growing every year. It has become a
    cause of concern for authorities in North
    America, who have now introduced several
    initiatives to create awareness about the
    benefits of using digital healthcare services.
  • Companies dealing in the production of innovative
    digital health technologies are getting into
    partnerships with other software firms to develop
    solutions that will enhance the performance of
    healthcare processes to a great extent. The other
    main aim of developing these technologies is to
    make it easier for patients to access basic
    healthcare facilities.
  • Since people could not go out for their regular
    medical appointments due to pandemic
    restrictions, the demand for remote patient
    monitoring devices has increased by many folds
    recently. They can be used by patients to check
    their daily readings and virtually interact with
    their doctors accordingly.

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  • It helps the patients become a part of some vital
    medical decisions and gives them a chance to
    express their opinions, should they disagree with
    anything. These nitty-gritties have created a
    sense of trust in patients and the demand among
    them for using technologically advanced
    treatments is growing at a rapid rate. All of
    these aspects will positively impact the
    deployment of digital health solutions in North
    America.
  • the common examples of the equipment are
    AI-powered wearables, portable oxygen monitors,
    insulin monitors and dialysis devices. These
    devices help patients keep a track of their
    health by updating them on their progress rate
    and areas of improvement.
  • North America digital health market size from
    software solutions segment will grow at a robust
    16.1 CAGR through 2027. Some of the popularly
    used software solutions in digital health are
    mobile health (mHealth) apps, Electronic Health
    Records (EHRs), telehealth and Electronic Medical
    Records (EMRs).
  • The US enacted the Affordable Care Act (ACA)
    which played a key role in the development of
    various digital health platforms in the nation.
    The main aim of the Act, as the name suggests, is
    to not only provide affordable healthcare
    services but to enhance the overall quality of
    the countrys healthcare sector. The use of
    technologies like computed modeling immensely
    helped the authorities in North America as they
    were able to keep a close eye on the total
    healthcare expenditure.

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5
  • Segmentation North American Digital Health Market
  • North America Market, By Technology
  • Telehealth care
  • Telecare
  • Activity monitoring
  • Remote medication management
  • Telehealth
  • LTC monitoring
  • Video consultation
  • mHealth
  • Wearable
  • BP monitors
  • Glucose meter
  • Pulse oximeter
  • Sleep apnea
  • Monitors
  • Neurological monitors
  • Others

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6

About Graphical Research Graphical Research is
a business research firm that provides industry
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