Data-Driven Healthcare: Insights from the Digital Health Market

The digital health market was estimated at USD 205.9 billion in 2022 and is likely to grow at a CAGR of 18.2% during 2023-2028 to reach USD 561.52 billion in 2028.

Digital health is defined as the incorporation of electronic communication and information technology used in managing different healthcare processes for people’s health and well-being. This concept is an umbrella term for mHealth apps, wearable devices, electronic health records, electronic medical records, telemedicine, telehealth, etc.