2/25/2023 0 Comments Digital trend reports![]() ![]() However, security concerns such as cyber-attacks and financial constraint tomaintain digital health related services are the prime factors restraining the market growth to certain extent. Moreover, epidemics and pandemics have created high level importance to the digital health which still continues to evolve thereby fueling the market growth in the forecast period.įactors that drive the global digital health market are the growing demand for mobile health apps, increasing demand for remote patient monitoring services, rising adoption of smartphones and tablets have further augmented the market growth. The need for medical transformation was especially due to the growing aged population, child illness and their mortality, high cost and poverty related issues along with racial discrimination associated to health care access had necessitated the technological advancements. Under this boarder concept of digital health different technologies are employed such as mobile health (mHealth) apps, wearable devices, electronic health records (EHRs), electronic medical records (EMRs), telemedicine, telehealth along with personalized medicine among others. The revolutionary development in the healthcare industry with the rapid adoption of emerging technologies such as wearable devices, mHealth Apps, ingestible sensors and artificial intelligence among others have added boost to the market growth.ĭigital health incorporates digital transformation in the healthcare field wherein software, hardware and services are keenly involved. This in turn further expected to drive the product adoption along with this also favors the market growth positively in the upcoming years.ĭigital health is described as the integration of information technology and electronic communications used for different healthcare processes for overall people’s health and their wellbeing. In this situation, digital health technologies for example telehealth provide enormous opportunities for the care service providers to treat patient by following the lockdown measures. ![]() ![]() ![]() For instance, in April 2020, the Asian Infrastructure Investment Bank (AIIB) awarded its first health infrastructure investment in order to recover the crisis of USD 5 Billion because of COVID-19.This expected to provide aid to the private and public entities that are suffering from the pandemic situation.Īpart from this, the outbreak of COVID-19 has imposed stringent social distancing norms and lockdowns by the governments across the globe. Rapid investment in the healthcare IT infrastructure particularly in the developing and developed nations estimated to be conducive to the market growth. ![]()
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