Global Digital Healthcare (EHR, Wireless Health, Mobile Health) Market is forecasted to grow at CAGR of 15.05% during 2016-2021

Date: 26 August 2016

North America has the fastest adoption rate of wireless health & mobile health based services along with rising adoption of EHR in hospital owned ambulatory care.

Globally, the digital healthcare market is driven by surging adoption of use of smartphones, rising trend of home healthcare, rise in use of mobile health apps. Digital healthcare is gaining momentum in investments with government initiatives towards the digitization of healthcare along with the trend of value based healthcare. Moreover the need for streamlined and real time based communication between the patient and the doctor will present the market with huge growth opportunity and potential in near future. 

According to recently published Azoth Analytics report Global Digital Healthcare (EHR, Wireless Health, Mobile Health) Market: Trends, Opportunities and Forecasts (2016-2021) - (By Segments – EHR, Wireless, Mobile; By Type – Applications, Sensor, Functionality, End-Use;  By Region – North America, Latin America, Europe, APAC, RoW; By Country; Company Profiles, Recommendations), Global Digital Healthcare Market grew at a CAGR of approximately 13.21 % during 2011-2015. It is anticipated to grow at a CAGR of 15.05 % during the period 2016F-2021F on account of the rising need of remote healthcare monitoring, increasing use of healthcare applications, increasing adoption of smartphone along with the rising concern of improved and hassle free healthcare services. Moreover the emerging markets have shown and will present a huge growth opportunity for the market players in the upcoming years. This is anticipated to propel the demand for mobile based services, remote monitoring, and wireless based services along with the fair opportunity in the area of Digital Medicine.
In terms of region, North America has the fastest adoption rate of wireless health & mobile health based services along with rising adoption of EHR in hospital owned ambulatory care, with maximum market share in United States, while APAC & Latin America region has a lot more growth opportunities accompanied with huge growth potential in Brazil, Japan , China and India. 
With the industry witnessing significant growth rate, it is anticipated that the Digital Healthcare market will exhibit higher growth in the forecast period as well. Gradual upsurge in the investments by the government in healthcare services will drive higher growth rate in the future.

The report titled Global Digital Healthcare (EHR, Wireless Health, Mobile Health) Market: Trends, Opportunities and Forecasts (2016-2021) - (By Segments – EHR, Wireless, Mobile; By Type – Applications, Sensor, Functionality, End-Use; By Region – North America, Latin America, Europe, APAC, RoW; By Country; Company Profiles, Recommendations)” has analysed the potential of Global Digital Healthcare market and provides statistics and information on market size, shares and trends. The report intends to provide cutting-edge market intelligence. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Digital Healthcare Market. 

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report presents the analysis of the global digital healthcare market on the basis of various segments (Electronic Health Records or EHR, Mobile Healthcare, Wireless Healthcare) and By Region (North America, Latin America, Europe, APAC) and for various types (Applications, Sensor, Functionality, End-Use).

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