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Europe Digital Health Market size is projected to cross USD 149.7 Bn by 2027. The COVID-19 pandemic has unlocked the full potential of virtual care and telemedicine, powering Europe digital health market outlook. These precarious times have taught us a lot about what kind of change can fundamentally prepare us for future challenges. Alongside the sorrow of many lives lost it has also served as a catalyst for reform. The healthcare industry has seen some of the major transformations amidst the pandemic.
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Europe Digital Health Market Forecasts Study 2027 | Business Opportunities and Future Investments ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Europe Digital Health Market size is projected to cross USD 149.7 Bn by 2027. The COVID-19 pandemic has unlocked the full potential of virtual care and telemedicine, powering Europe digital health market outlook. These precarious times have taught us a lot about what kind of change can fundamentally prepare us for future challenges. Alongside the sorrow of many lives lost it has also served as a catalyst for reform. The healthcare industry has seen some of the major transformations amidst the pandemic. • The use of digital technology has increased in many walks of life, and healthcare is not immune to the need for a transition. In fact, innovation and digital initiatives in telemedicine, data analytics, and artificial intelligence are picking up momentum way ahead of expectations. This has offered a massive opportunity to rethink health treatment and care and enabled new brands to set foot in the scenario, accelerating Europe digital health industry forecast. • Remote-video technology is now being used in medical interactions with healthcare personnel and systems. Especially for elderly persons or kids with ailments which need special medical attention, telemedicine is a blessing in the wake of the pandemic. Telehealth accounted for a whopping 58.4% of Europe digital health market share in 2020, owing to the growing demand for remote monitoring services. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
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What’s more, telemedicine platforms are also playing a significant role in Germany's efforts to swiftly roll out digital health services. In April 2021, telemedicine platform operators claimed a 1,000% growth rate, with over 20,000 medical professionals and psychotherapists providing appointments via video call and online chat. • UK digital health market outlook is ideally positioned to realise the promise of digital technology in healthcare in the nation and beyond. It is home to legions of firms that have pioneered new healthcare in a variety of fields, including e-record management and remote monitoring. With such strong pillars supporting its growth, U.K. digital health market size is expected to develop at a 29.6% CAGR over the few next years. The presence of a significant number of mHealth app businesses in this region drives the industry trends. • When the initial wave of the COVID-19 pandemic hit, Difrent, a digital health business in the UK, came to the rescue with a home PCR test ordering service. They sent 1 million home test kits across the UK and expanded the program from critical healthcare personnel to all UK citizens in two weeks. LifeWatch AG, McKesson Corporation, Philips Healthcare, Cerner Corporation, and Cisco Systems are the leading digital health companies in Europe. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Segments of North America Set Top Box Market ; • Europe Market, By Technology • Telehealthcare • 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 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
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