#Remote Patient Monitoring Software And Services Market Size
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Remote Patient Monitoring Software and Services Market Size, Overview, Share and Forecast 2031
#Remote Patient Monitoring Software and Services Market#Remote Patient Monitoring Software and Services Market Scope#Remote Patient Monitoring Software and Services Market Size
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Remote Patient Monitoring Software And Services Market Segmented On The Basis Of Type, Application, End-User, Region And Forecast To 2030: Grand View Research Inc.
San Francisco, 21 Aug 2023: The Report Remote Patient Monitoring Software And Services Market Size, Share & Trends Analysis Report By Type (Services, Software), By End-user (Patients, Payers), By Application (CVD, Diabetes), By Region, And Segment Forecasts, 2022 – 2030 The global remote patient monitoring software and services market size is expected to reach USD 65.0 billion by 2030,…
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#Remote Patient Monitoring Software And Services Industry#Remote Patient Monitoring Software And Services Market#Remote Patient Monitoring Software And Services Market 2023#Remote Patient Monitoring Software And Services Market 2030#Remote Patient Monitoring Software And Services Market Revenue#Remote Patient Monitoring Software And Services Market Share#Remote Patient Monitoring Software And Services Market Size
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Digital Twin Market, Size, Share, Key Players | BIS Research
A Digital Twin is a virtual representation or simulation of a physical object, system, or process, typically in real-time. It is created using data collected from sensors, devices, or other sources embedded in the physical counterpart. The digital twin mirrors the characteristics, behavior, and performance of the real-world entity, allowing for analysis, monitoring, and optimization.
The Global Digital Twin Market size was valued at $10.3 billion in 2023, and it is expected to grow with a CAGR of 58.52%
Digital Twin Overview
A digital twin is a virtual model designed to accurately reflect a physical object, process, system, or service. This innovative concept leverages the convergence of the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and big data analytics to create a dynamic and real-time simulation of a physical entity or system. Digital twins are used across various industries, including manufacturing, healthcare, urban planning, and more, enabling professionals to simulate, predict, and optimize systems before they are built and throughout their lifecycle.
Request a free sample report of the Digital Twin Market Trends
Drivers and Trends
IoT Interrogation
Industry 4.0
Predictive Maintenance
Customization and Personalization
AI and Machine Learning Integration
5G Connectivity
Sustainability Focus
Increased Adoption and Emerging Markets
Applications of Digital Twin Market
Manufacturing
Healthcare
Automotive
Smart Cities
Market Segmentation
1 By Application
• Product Design Development
• Performance Monitoring
• Predictive Maintenance
• Inventory Management
• Others
2 By End Users
• Manufacturing
• Automotive
• Aviation
• Energy and Utilities
• Healthcare
• Logistics and Retail
• Others
3 By Type
• Asset Digital Twin
• Process Digital Twin
• System Digital Twin
• Digital Twin of an Organization (DTO)
4 By Product Offering
• Platforms
• Hardware
• Support Services
5 By Region
• North America — U.S. and Canada
• Europe — U.K., Germany, France, Russia, and Rest-of-the-Europe
• Asia-Pacific — China, India, Japan, and Rest-of-Asia-Pacific
• Rest-of-the-World — Latin America and Middle East and Africa
Key Components for Digital Twin Market
Allscripts Healthcare Solutions Inc.
AMD Global Telemedicine Inc.
Apple, Inc.
AT & T, Inc.
Biotricity
GE Healthcare
IBM
I Health Lab, Inc.
Download Complete TOC of the Digital Twin Market Trends
The global Digital Twin market, encompassing telemedicine, remote patient monitoring, mobile health applications, and electronic health records, is witnessing substantial growth due to increasing demand for accessible, cost-effective, and outcome-focused healthcare solutions. Digital Twin refers to the integration of digital technologies into healthcare systems to enhance the delivery of medical services, improve patient engagement, and promote proactive healthcare management.
Digital Twin Market Segmentation
1 By Application
2 By Offering
3 By Technology
4 By Region
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Key Market Players
Allscripts Healthcare Solutions Inc.
AMD Global Telemedicine Inc.
Apple, Inc.
AT & T, Inc.
Biotricity
GE Healthcare
Recent Developments
•In December 2023, Siemens signed a collaboration with Intel on advanced semiconductor manufacturing, which aimed to improve production efficiency and sustainability throughout the value chain. The collaboration explored initiatives such as optimizing energy management and mitigating carbon footprints throughout the value chain. A notable aspect involved investigating the use of digital twins for complex manufacturing facilities, aiming to standardize solutions and enhance efficiency in every aspect of the process.
• In September 2023, GE Vernova launched a new product, an AI-powered carbon emissions management software for the energy sector. Utilization of this new software would enable precise measurement, management, and operationalization of insights aimed at lowering carbon emissions. With the use of a reconciliation algorithm and digital twin technology driven by machine learning (ML) and data analytics, the software aimed to increase the accuracy of greenhouse gas (GHG) calculations on scope one gas turbines by as much as 33%.
• In April 2023, Siemens signed a partnership with IBM to create an integrated software solution for systems engineering, service lifecycle management, and asset management. The collaboration aimed to support traceability and sustainable product development across mechanical, electronics, electrical, and software engineering domains. The new suite, based on SysML v1 standards, would utilize a digital thread to link design, manufacturing, operations, maintenance, updates, and end-of-life management throughout the product lifecycle
Conclusion
The digital twin market represents a paradigm shift in how industries approach problem-solving and optimization. With its ability to simulate, predict, and enhance, digital twin technology is set to become an indispensable tool across various sectors.
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Challenges and Opportunities in the Veterinary Software Market
The global veterinary software market size is anticipated to reach USD 3.01 billion by 2030 and is projected to grow at a CAGR of 13.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Veterinarians, veterinary practices, and pet owners can all benefit significantly from veterinary software. The benefits cover a range of areas related to patient care, clinic administration, and communication. Quick access and retrieval of patient records-including lab results, treatment plans, and medical histories-is made possible by digital storage. By doing away with the necessity for paper records, it lessens clutter and the possibility of data loss or damage. Clinics may better regulate patient flow and organize their daily schedules with the assistance of appointment scheduling tools. It minimizes the possibility of establishing multiple reservations or scheduling conflicts. It makes remote consultations possible, enabling vets to treat and counsel patients who are unable to visit the clinic physically. In addition, it broadens the clinic's clientele and offerings, particularly in emergency situations and socially awkward situations.
The market presents plenty of opportunities for expansion and novelty, attributable to industry demands, innovations in technology, and evolving consumer demands. Telemedicine has become increasingly popular in veterinary care, particularly since the COVID-19 pandemic. By providing telemedicine features that enable veterinarians to consult with patients and monitor them from a distance, veterinary software can take advantage of this trend and broaden its scope of practice. Veterinarian diagnostics might undergo a revolution thanks to AI and machine learning. Diagnostic accuracy and treatment outcomes can be enhanced by software solutions that use artificial intelligence (AI) for analyzing images, predictive analytics, and disease detection. Businesses of veterinary software can look into ways to grow internationally. Software that supports multi-language and multi-currency capabilities can meet the needs of clinics worldwide as veterinary care becomes more globally distributed.
Market players in the veterinary software space are strategically using mergers and acquisitions to expand their product lines and solidify their positions in the industry. To incorporate the latest innovations and broaden their service offerings, large corporations are purchasing smaller, innovative companies. Concurrently, there is a widespread use of collaboration and partnership strategies, as businesses form alliances to gain access to complementary expertise, expand their market reach, and provide more complete solutions. These adaptable tactics enable veterinary software suppliers to meet the varied demands of the changing veterinary sector, maintain their competitiveness, and take advantage of synergies. For instance, in February 2024, Instinct Science with the assistance of Mainsail partners acquired VetMedux, which is a veterinary education-providing company.
Gather more insights about the market drivers, restrains and growth of the Veterinary Software Market
Veterinary Software Market Report Highlights
• Based on product, the practice management software (PMS) segment led the market with the largest revenue share of 59.60% in 2024. However, telehealth software is expected to grow at the fastest CAGR of 15.67% during forecast period, due to the growing acceptance of Internet of Things (IoT) and Artificial Intelligence (AI) technologies
• Based on delivery mode, the cloud/web-based segment attributed to largest market share in 2024 and is projected to grow at fastest CAGR during the forecast period, owing to easy scalability as well as ease of use of cloud-based software
• Based on practice type, the small animals segment led the market with the largest revenue share of 60.00% in 2024. The segment includes software revenue from veterinarian practices that treat small companion animals (dogs and cats) as their primary source of care. Veterinarians and veterinary clinics can more efficiently manage their daily activities and deliver high-quality animal care with the aid of small animal PMS, a specialized tool
• Based on end use, the hospitals/clinics segment led the market with the largest revenue share of 85.97% in 2024, due to the accelerating digitization of veterinary practices and the growing awareness of the advantages that software provides to both patient care and business operations are what is driving the overall growth of the hospitals/clinics segment
• North America dominates the market with the largest revenue share of 42.97% in 2024. Conversely, Asia Pacific held the highest CAGR over forecast period of 2025 to 2030
Veterinary Software Market Segmentation
Grand View Research has segmented the global veterinary software market report based on product, delivery mode, practice type, end use, and region:
Veterinary Software Product Outlook (Revenue, USD Million, 2018 - 2030)
• Practice Management Software
• Imaging Software
• Telehealth Software
• Others
Veterinary Software Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
• Cloud/Web-Based
• On-premise
Veterinary Software Practice Type Outlook (Revenue, USD Million, 2018 - 2030)
• Small Animals
• Mixed Animals
• Equine
• Food-producing Animals
• Other Practice Types
Veterinary Software End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Veterinary Hospitals/Clinics
• Other End Use
Veterinary Software Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Netherlands
o Russia
o Sweden
o Switzerland
o Ireland
o Poland
• Asia Pacific
o Japan
o China
o India
o South Korea
o Australia
o Thailand
o Indonesia
o Philippines
o Malaysia
o Singapore
• Latin America
o Brazil
o Argentina
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Iran
o Turkey
o Israel
Order a free sample PDF of the Veterinary Software Market Intelligence Study, published by Grand View Research.
#Veterinary Software Market#Veterinary Software Market Size#Veterinary Software Market Share#Veterinary Software Market Analysis#Veterinary Software Market Growth
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Global IoT in Healthcare Market Size, Share, Trends, Growth, Segment, Analysis, Report, & Outlook | 2024-2032
The Internet of Things (IoT) is revolutionising healthcare, providing innovative solutions to improve patient care, streamline hospital management, and reduce operational costs. The global IoT in healthcare market was valued at USD 222.24 billion in 2023 and is projected to experience remarkable growth. With rising disposable income, increasing healthcare expenditure, growing health awareness, and the growing adoption of smart devices, the market is expected to expand at a compound annual growth rate (CAGR) of 19.1%, reaching USD 1,071.59 billion by 2032.
Market Overview
The IoT in healthcare refers to the interconnected system of medical devices, wearables, software, and healthcare systems designed to collect, monitor, and exchange health-related data. These technologies enable healthcare professionals to offer real-time care, monitor chronic conditions, and improve patient outcomes.
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Market Size & Forecast: The market was valued at USD 222.24 billion in 2023 and is expected to grow at a CAGR of 19.1% from 2024 to 2032, reaching USD 1,071.59 billion by 2032.
Key Drivers of Growth:
Rising Disposable Income: As income levels rise globally, more people are able to afford healthcare services and advanced healthcare devices.
Increased Healthcare Expenditure: Governments and private entities are investing more in healthcare infrastructure and technology, leading to increased market growth.
Health Awareness: With rising awareness about health and wellness, there is a growing demand for IoT solutions that can provide real-time health monitoring.
Adoption of Smart Devices: The growing adoption of wearables, smart devices, and health monitoring gadgets further drives the expansion of the market.
Market Segmentation
The global IoT healthcare market can be segmented by technology, application, end-users, and region.
By Technology:
Sensors: IoT sensors are used in healthcare to monitor patient health and track vital signs in real-time.
Software: IoT software platforms collect and analyze data from connected devices, helping healthcare professionals make informed decisions.
Services: Managed services that ensure continuous operation and connectivity for IoT systems in healthcare settings.
By Application:
Remote Monitoring: IoT allows healthcare providers to monitor patients remotely, reducing the need for in-person visits and ensuring continuous care.
Chronic Disease Management: IoT devices such as glucose monitors and heart rate sensors help in the management of chronic conditions.
Clinical Operations: Hospitals and clinics use IoT to improve operational efficiency, from asset management to patient care.
Drug Management: IoT helps track medications and ensure proper distribution, reducing human errors and wastage.
By End-User:
Hospitals and Clinics: The largest segment, as these facilities are rapidly adopting IoT technologies to enhance operational efficiency and patient care.
Homecare Providers: With the rise in home healthcare services, IoT devices allow remote patient monitoring, reducing hospital readmission rates.
Pharmaceutical Companies: They are increasingly incorporating IoT to monitor clinical trials, ensure drug quality, and enhance patient adherence.
By Region:
North America: Dominates the market, with high adoption rates of healthcare IoT solutions in the US and Canada.
Europe: Second-largest market, driven by favourable government initiatives and high healthcare standards.
Asia Pacific: The fastest-growing region due to expanding healthcare infrastructure and increased healthcare spending in countries like China and India.
Latin America & Middle East & Africa: These regions are gradually increasing their adoption of IoT in healthcare as they invest in modernising healthcare systems.
Key Trends in the IoT Healthcare Market
Integration with AI and Big Data: IoT healthcare systems are increasingly integrating with AI and big data analytics, enabling predictive healthcare and real-time decision-making.
Wearable Health Tech: The adoption of wearables like fitness trackers and smartwatches is on the rise, allowing consumers to track their health metrics on a daily basis.
Interoperability: The demand for systems that can communicate with different healthcare devices and platforms is growing, enabling seamless data exchange.
Data Security: As more health data is collected and transmitted over IoT networks, data security and privacy concerns are rising, prompting the need for better cybersecurity solutions.
Key Players in the IoT Healthcare Market
Several leading companies are driving innovation and shaping the future of IoT in healthcare. These key players focus on providing healthcare-specific solutions through wearable devices, software, and advanced technologies.
Philips Healthcare: Based in the Netherlands, Philips Healthcare is a global leader in medical devices, offering a wide range of IoT-enabled health monitoring devices and systems.
GE Healthcare: An American multinational, GE Healthcare is involved in providing innovative IoT solutions for patient monitoring, diagnostics, and treatment planning.
Medtronic: A major player in the medical device industry, Medtronic uses IoT technologies to improve patient monitoring, particularly in chronic disease management and post-surgical care.
Siemens Healthineers: Siemens Healthineers offers advanced IoT-enabled healthcare solutions in imaging, diagnostics, and patient monitoring, enhancing healthcare quality and operational efficiency.
Honeywell International Inc.: Known for its IoT solutions across various sectors, Honeywell is also heavily invested in healthcare technologies, focusing on remote patient monitoring and connected healthcare devices.
Samsung Electronics: With an increasing focus on healthcare, Samsung provides IoT-enabled healthcare devices, including wearable fitness trackers and smart medical equipment.
Qualcomm: Qualcomm's IoT solutions support healthcare devices, including wearables and sensors, facilitating real-time health monitoring and data exchange.
Challenges in the IoT Healthcare Market
Despite the growth prospects, the IoT in healthcare faces several challenges:
Data Security and Privacy: Healthcare data is highly sensitive, and any breach can result in severe consequences. Ensuring robust security measures is essential for protecting patient data.
Regulatory Compliance: Healthcare regulations differ across regions, which can complicate the adoption of IoT solutions. Companies must navigate complex regulatory environments to bring their products to market.
High Implementation Costs: While IoT devices offer numerous benefits, the initial investment in infrastructure, devices, and training can be expensive, particularly for smaller healthcare providers.
Interoperability Issues: Many healthcare IoT devices are not compatible with existing healthcare systems, making it difficult to integrate them effectively into hospitals and clinics.
FAQs
What is IoT in healthcare? IoT in healthcare refers to the network of connected medical devices and software used to collect, exchange, and analyse health data. It helps improve patient care, streamline operations, and reduce costs.
How does IoT benefit healthcare? IoT benefits healthcare by providing real-time monitoring, enhancing patient care, enabling remote diagnostics, and improving operational efficiency. It also helps in the management of chronic diseases and reduces hospital readmission rates.
What are some examples of IoT devices in healthcare? Examples of IoT devices in healthcare include wearable fitness trackers, smartwatches, glucose monitors, heart rate monitors, and connected medical equipment for patient monitoring.
Is IoT in healthcare safe? While IoT in healthcare offers numerous benefits, safety concerns regarding data security and privacy remain. Proper encryption, authentication, and regulatory compliance are necessary to ensure safe IoT usage.
How will IoT in healthcare evolve in the future? The future of IoT in healthcare is promising, with advancements in AI, machine learning, and big data analytics expected to further enhance patient care, predictive health, and real-time decision-making.
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Healthcare Advertising Market : By Industry Trends, Leading Players, Size, Share, Growth, Opportunity And Forecast 2024-2033
The healthcare advertising global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Advertising Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The healthcare advertising market size has grown strongly in recent years. It will grow from $42.14 billion in 2023 to $45.1 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing healthcare awareness, rise of telehealth services, pharmaceutical innovations, increasing healthcare costs, global health crises, healthcare provider competition..
The healthcare advertising market size is expected to see strong growth in the next few years. It will grow to $57.99 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rapid digitalization, genomic medicine advancements, remote patient monitoring, increased emphasis on mental health, health data privacy concerns.. Major trends in the forecast period include digital transformation, telehealth promotion, health and wellness apps advertising, blockchain for data security, chatbots and ai-driven interactions..
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/healthcare-advertising-global-market-report
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The increasing adoption of telehealth is expected to propel the growth of the healthcare advertising market going forward. Telehealth, or telecommunications in healthcare, refers to the use of digital technologies and communication tools to provide remote healthcare services, consultations, monitoring, and education. Healthcare advertising has increasingly used telehealth to reach patients, provide care services independent of physical location or mobility limitations, and promote targeted campaigns, drive patient engagement and enhance healthcare services, improve patient outcomes, and enhance the overall healthcare experience. For instance, in August 2022, according to a report published by the Australian Digital Health Agency, an Australia-based government agency, between 2020 and 2022, a total of 118.2 million telehealth services were provided to 18 million patients, with over 95,000 practitioners utilizing telehealth services during this period. Furthermore, in April 2023, according to a report published by the National Library of Medicine, a US-based government organization, the average daily level of telemedicine usage in the US increased from 19.6% in 2021 to 25.7% in 2022. Therefore, the increasing adoption of telehealth is driving the growth of the healthcare advertising market.
Market Trends - Major companies operating in the healthcare advertising market are focusing on innovative healthcare advancements, such as DeepIntent Copilot, to enhance their advertising strategies. DeepIntent Copilot is an AI-powered tool built into the deepIntent healthcare advertising platform that delivers actionable insights and recommendations based on real-time media data. For instance, in September 2023, DeepIntent, the US-based healthcare advertising platform, launched the DeepIntent Copilot, an AI-powered tool for intelligent healthcare advertising. It is designed to optimize campaign strategies, maximize media investments, and drive performance and efficiency in healthcare advertising. By leveraging unique connected datasets from across DeepIntent's platform, the tool provides actionable insights and recommendations focused on achieving healthcare-specific goals. Additionally, it revolutionizes healthcare advertising by providing actionable insights, reducing time to positive ROI, and enhancing adaptability to real-time market changes.
The healthcare advertising market covered in this report is segmented –
1) By Type: Traditional, Digital, Public Relations, Unique Branding And Awareness, Internal Marketing, Physician Referrals, Employer Marketing, Other Types 2) By Approach: Direct-To-Consumer Advertising, Healthcare Professional (Detailing) 3) By Technology: Personal Data Tracking, Telemedicine, Artificial Intelligence, Other Technologies 4) By Application: Biotechnology Companies, Medical Insurance, Weight Loss And Fitness Products, Other Applications
Get an inside scoop of the healthcare advertising market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=13671&type=smp
Regional Insights - North America was the largest region in the healthcare advertising market in 2023. The regions covered in the healthcare advertising market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the healthcare advertising market report are Alphabet Inc, Verizon, WPP plc., PUBLICIS GROUP, Syneos Health, MCCANN WORLDGROUP, Omnicom Group, Magnite Inc, CMI Media Group, Ogilvy Healthworld LLC, Digitas Health, Response Mine Interactive, Inc., SAGEFROG MARKETING, Practice Builders, McCann Health Worldwide LLC, ProperExpression, Maricich Health, Communications Strategy Group, Thrive Internet Marketing Agency, Intrepy Healthcare Marketing, ParkerWhite Brand Interactive, Distill Health LLC, High Level Marketing, Inc., Dobies Health Marketing, Healthcare Success, LLC, Thrive Internet Marketing Agency
Table of Contents 1. Executive Summary 2. Healthcare Advertising Market Report Structure 3. Healthcare Advertising Market Trends And Strategies 4. Healthcare Advertising Market – Macro Economic Scenario 5. Healthcare Advertising Market Size And Growth ….. 27. Healthcare Advertising Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Patient Engagement Solutions Industry Size, Trend & Outlook to 2030
The global patient engagement solutions market size is expected to reach USD 70.3 billion by 2030, expanding at a CAGR of 17.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Key factors fueling the market growth include rising digitalization across healthcare, increasing prevalence of chronic conditions, and technological advancements. COVID-19 pandemic boosted digitalization across healthcare. This, in turn, has fueled the awareness and adoption of patient engagement solutions, thus propelling the market growth.
As healthcare providers were battling the constant upsurge in cases, patients were looking to digital technologies for care delivery and monitoring. This contributed to the market growth. Key companies released multiple COVID-19-related features as part of their patient engagement lineup to enhance their offerings. In December 2020, athenahealth released new features to its athenaOne platform-such as scheduling, workflow, documentation, and reporting capabilities-to enable immediate administration of COVID-19 vaccines as and when they become available.
Mobile technology has emerged as a pivotal driver of healthcare's digital and telemedicine revolution. Smartphones, tablets, and wearable devices have simplified access to healthcare support & patient records, elevated the quality of patient care, and streamlined back-office operations & medical training. Leveraging platforms such as WhatsApp for engagement enabled hospitals to manage patient interactions through an accessible communication channel. Solutions such as Easyrewardz Healthcare CRM empower hospital staff to automate patient communication, appointment scheduling, and room availability checks. These advancements are poised to fuel market growth over the forecast period.
Gather more insights about the market drivers, restrains and growth of the Global Patient Engagement Solutions Market
Patient Engagement Solutions Market Report Highlights
Based on delivery type, the web and cloud-based segment emerged as the largest segment in 2023 as it supports hassle-free information flow between patients and healthcare providers. Moreover, bulk data can be stored in these platforms and accessed remotely
Based on component, the software and hardware segment dominated the market with a revenue share of 62.7% in 2023, owing to the continuous development of patient engagement solutions and increasing applications in health and wellness, patient education, and chronic disease management
Based on therapeutic area, the chronic disease management segment dominated the market in 2023. The growth is attributed to the rising in the geriatric population and the increased prevalence of chronic diseases
Based on functionality, the communication segment dominated the market in 2023 as it forms the core of any patient engagement solution. Market players are continuously releasing upgrades and new features to enhance offerings. For instance, in November 2020, Cerner partnered with WELL Health Inc. to boost the communication capabilities of its patient portal- HealtheLife.
Based on end-use, the providers segment dominated the market due to increasing adoption of patient and customer engagement solutions that promote widespread coverage and enable value-based care delivery
North America dominated the global market in 2023 owing to the increased adoption of m-health and electronic health records (EHRs) and growing investments in patient engagement software by major companies
Companies are adopting various strategies to sustain competition. New product/solution development, partnerships, mergers, acquisitions, strategic collaborations, and geographical penetration are some of the key strategies adopted by market players
Browse through Grand View Research's Healthcare IT Industry Research Reports.
Ambulatory Surgery Centers IT Services Market: The ambulatory surgery centers IT services market size was valued at USD 230.8 billion in 2024 and is anticipated to grow at a CAGR of 10.8% from 2025 to 2030.
Biosimulation Market: The global biosimulation market size was estimated at USD 3.91 billion in 2024 and is projected to grow at a CAGR of 17.0% from 2025 to 2030.
Patient Engagement Solutions Market Segmentation
Grand View Research has segmented the global patient engagement solutions market based on delivery type, component, functionality, therapeutic area, application, end-use, and region:
Patient Engagement Solutions Delivery Type Outlook (Revenue, USD Million, 2018 - 2030)
Web & Cloud-based
On-premise
Patient Engagement Solutions Component Outlook (Revenue, USD Million, 2018 - 2030)
Software & Hardware
Standalone
Integrated
Services
Consulting
Implementation & Training
Support & Maintenance
Others
Patient Engagement Solutions Functionality Outlook (Revenue, USD Million, 2018 - 2030)
Communication
Health Tracking & Insights
Billing & Payments
Administrative
Patient Education
Others
Patient Engagement Solutions Therapeutic Area Outlook (Revenue, USD Million, 2018 - 2030)
Health & Wellness
Chronic Disease Management
Others
Patient Engagement Solutions Application Outlook (Revenue, USD Million, 2018 - 2030)
Population Health Management
Outpatient Health Management
In-patient Health Management
Others
Patient Engagement Solutions End-use Outlook (Revenue, USD Million, 2018 - 2030)
Payers
Providers
Others
Patient Engagement Solutions Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Latin America
MEA
Order a free sample PDF of the Patient Engagement Solutions Market Intelligence Study, published by Grand View Research.
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Patient Engagement Solutions Market 2030: Key Companies and Emerging Trends Analysis
The global patient engagement solutions market size is expected to reach USD 70.3 billion by 2030, expanding at a CAGR of 17.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Key factors fueling the market growth include rising digitalization across healthcare, increasing prevalence of chronic conditions, and technological advancements. COVID-19 pandemic boosted digitalization across healthcare. This, in turn, has fueled the awareness and adoption of patient engagement solutions, thus propelling the market growth.
As healthcare providers were battling the constant upsurge in cases, patients were looking to digital technologies for care delivery and monitoring. This contributed to the market growth. Key companies released multiple COVID-19-related features as part of their patient engagement lineup to enhance their offerings. In December 2020, athenahealth released new features to its athenaOne platform-such as scheduling, workflow, documentation, and reporting capabilities-to enable immediate administration of COVID-19 vaccines as and when they become available.
Mobile technology has emerged as a pivotal driver of healthcare's digital and telemedicine revolution. Smartphones, tablets, and wearable devices have simplified access to healthcare support & patient records, elevated the quality of patient care, and streamlined back-office operations & medical training. Leveraging platforms such as WhatsApp for engagement enabled hospitals to manage patient interactions through an accessible communication channel. Solutions such as Easyrewardz Healthcare CRM empower hospital staff to automate patient communication, appointment scheduling, and room availability checks. These advancements are poised to fuel market growth over the forecast period.
Gather more insights about the market drivers, restrains and growth of the Global Patient Engagement Solutions Market
Patient Engagement Solutions Market Report Highlights
Based on delivery type, the web and cloud-based segment emerged as the largest segment in 2023 as it supports hassle-free information flow between patients and healthcare providers. Moreover, bulk data can be stored in these platforms and accessed remotely
Based on component, the software and hardware segment dominated the market with a revenue share of 62.7% in 2023, owing to the continuous development of patient engagement solutions and increasing applications in health and wellness, patient education, and chronic disease management
Based on therapeutic area, the chronic disease management segment dominated the market in 2023. The growth is attributed to the rising in the geriatric population and the increased prevalence of chronic diseases
Based on functionality, the communication segment dominated the market in 2023 as it forms the core of any patient engagement solution. Market players are continuously releasing upgrades and new features to enhance offerings. For instance, in November 2020, Cerner partnered with WELL Health Inc. to boost the communication capabilities of its patient portal- HealtheLife.
Based on end-use, the providers segment dominated the market due to increasing adoption of patient and customer engagement solutions that promote widespread coverage and enable value-based care delivery
North America dominated the global market in 2023 owing to the increased adoption of m-health and electronic health records (EHRs) and growing investments in patient engagement software by major companies
Companies are adopting various strategies to sustain competition. New product/solution development, partnerships, mergers, acquisitions, strategic collaborations, and geographical penetration are some of the key strategies adopted by market players
Browse through Grand View Research's Healthcare IT Industry Research Reports.
Ambulatory Surgery Centers IT Services Market: The ambulatory surgery centers IT services market size was valued at USD 230.8 billion in 2024 and is anticipated to grow at a CAGR of 10.8% from 2025 to 2030.
Biosimulation Market: The global biosimulation market size was estimated at USD 3.91 billion in 2024 and is projected to grow at a CAGR of 17.0% from 2025 to 2030.
Patient Engagement Solutions Market Segmentation
Grand View Research has segmented the global patient engagement solutions market based on delivery type, component, functionality, therapeutic area, application, end-use, and region:
Patient Engagement Solutions Delivery Type Outlook (Revenue, USD Million, 2018 - 2030)
Web & Cloud-based
On-premise
Patient Engagement Solutions Component Outlook (Revenue, USD Million, 2018 - 2030)
Software & Hardware
Standalone
Integrated
Services
Consulting
Implementation & Training
Support & Maintenance
Others
Patient Engagement Solutions Functionality Outlook (Revenue, USD Million, 2018 - 2030)
Communication
Health Tracking & Insights
Billing & Payments
Administrative
Patient Education
Others
Patient Engagement Solutions Therapeutic Area Outlook (Revenue, USD Million, 2018 - 2030)
Health & Wellness
Chronic Disease Management
Others
Patient Engagement Solutions Application Outlook (Revenue, USD Million, 2018 - 2030)
Population Health Management
Outpatient Health Management
In-patient Health Management
Others
Patient Engagement Solutions End-use Outlook (Revenue, USD Million, 2018 - 2030)
Payers
Providers
Others
Patient Engagement Solutions Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Latin America
MEA
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Global Patient Self-Service Kiosk Market Analysis 2024: Size Forecast and Growth Prospects
The patient self-service kiosk global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Patient Self-Service Kiosk Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The patient self-service kiosk market size has grown rapidly in recent years. It will grow from $1.05 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 19.1%. The growth in the historic period can be attributed to regulatory compliance requirements, rising healthcare costs, patient-centric care initiatives, increasing patient volume, and demand for contactless solutions.
The patient self-service kiosk market size is expected to see rapid growth in the next few years. It will grow to $2.55 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to the expansion of telehealth and remote patient monitoring, interoperability and data exchange, emphasis on population health management, and demand for personalized healthcare services. Major trends in the forecast period include the expansion of AI and machine learning, augmented reality (AR) and virtual reality (VR) integration, internet of medical things (IoMT) connectivity, blockchain for data security and interoperability, 5G connectivity and edge computing.
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Scope Of Patient Self-Service Kiosk Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Patient Self-Service Kiosk Market Overview
Market Drivers - The expansion of telehealth medicine is expected to propel the growth of the patient self-service kiosk market going forward. Telehealth medicine refers to the remote delivery of healthcare services using telecommunications technology. The importance of telehealth medicine has risen due to the increased access to healthcare, convenience, and the ability to reach underserved populations. Patient self-service kiosks facilitate convenient access to healthcare resources and empower individuals to manage their health remotely, fostering a more patient-centered approach to healthcare delivery. For instance, in February 2023, according to a survey of 8014 respondents done by Rock Health, a US-based healthcare organization, the adoption of telemedicine increased, with 80% of all respondents having accessed care via telemedicine at some point in their lives, up 8% from 72% in 2021. 82% of Hispanic respondents reported telemedicine use, reflecting a 9% increase in 2021. Therefore, the expansion of telehealth medicine is driving the growth of the patient self-service kiosk market.
Market Trends - Companies operating in the patient self-service kiosk market are focusing on better technological options such as retinal imaging kiosk technology, to gain a competitive edge and advance healthcare offerings. These kiosks have advanced retinal imaging technology and user-friendly interfaces, allowing users to undergo retinal scans without professional assistance. For instance, in January 2024, Pursuant Health, Inc., a US-based health data management company, unveiled a groundbreaking kiosk equipped with advanced retinal imaging technology. This cutting-edge kiosk has received 510(k) clearance from the U.S. Food and Drug Administration, marking a significant milestone. With the introduction of self-service retinal imaging capabilities, individuals can now conveniently capture their retinal images at these kiosks. The kiosk boasts an intuitive interface that seamlessly guides users through the imaging process. Following image capture, licensed eye specialists remotely analyze the images for signs of damage attributed to various health conditions, including diabetes and hypertension. This innovative addition enhances standard health check-ups by integrating retinal imaging with crucial health metrics such as weight, body mass index, blood pressure, and pulse, offering individuals a more comprehensive health assessment experience.
The patient self-service kiosk market covered in this report is segmented –
1) By Product Type: Freestanding Kiosks, Wall-Mounted Kiosks, Countertop Kiosks, Mobile Kiosks 2) By Component: Data Entry, Touchscreens, Barcode Readers, Keyboard And Trackball, Electronic Number Pad, Audio Speakers, Electronic Signature Pad, Printer, Point-Of-Sales (POS), Other Components 3) By Application: Self-Check-In, Floor Map, Prescription Order Refilling And Updating, Collection Of Co-Payments, Hospital News 4) By End User: Hospitals, Laboratories, Specialty Clinics, Pharmaceutical Stores
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Regional Insights - North America was the largest region in the patient self-service kiosk market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient self-service kiosk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the patient self-service kiosk market are International Business Machines Corporation, NCR Corporation, Sanden Holdings Corporation, Kontron AG, Clearwave Corporation, Fuji Electric Co.Ltd, Elo Touch Solution, Cybernet Manufacturing Inc., Peerless-AV, Telpo Technology Co. Ltd., Fabcon Inc, Evoke Creative Limited, KIOSK Information Systems Inc., JCM Global, Sedco Holding, Live Wire Digital , Meridian Kiosks LLC., Frank Mayer and Associates Inc. , Pyramid Computer, Zytronic PLC, Pursuant Health Inc., Voxson Pty Ltd, Optical Phusion Inc., Olea Kiosks Inc
Table of Contents 1. Executive Summary 2. Patient Self-Service Kiosk Market Report Structure 3. Patient Self-Service Kiosk Market Trends And Strategies 4. Patient Self-Service Kiosk Market – Macro Economic Scenario 5. Patient Self-Service Kiosk Market Size And Growth ….. 27. Patient Self-Service Kiosk Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Innovations in Healthcare Informatics: Shaping the Future of Medical Data Management
Healthcare informatics is the interdisciplinary field that merges healthcare, information technology, and data analytics to improve the quality, safety, and efficiency of patient care. It involves the use of various digital tools and technologies to collect, store, and analyze health data, ensuring that healthcare providers have timely access to accurate information for decision-making. Healthcare informatics covers a wide range of activities, including electronic health records (EHRs), telemedicine, clinical decision support systems, and population health management. By facilitating the seamless exchange of health information, healthcare informatics aims to enhance patient outcomes and streamline healthcare delivery.
The Healthcare Informatics Market was projected to reach 19.83 (USD Billion) in 2022 based on MRFR analysis. It is anticipated that the Healthcare Informatics Market will reach 71.4 (USD Billion) by 2032, up from 22.54 (USD Billion) in 2023. Over the course of the forecast period (2024 - 2032), the Healthcare Informatics Market CAGR (growth rate) is anticipated to be approximately 13.67%.
Healthcare Informatics Size
The size of the healthcare informatics market has been growing rapidly due to the increasing demand for digital health solutions, the rising use of EHRs, and advancements in healthcare technologies. As healthcare systems worldwide shift toward value-based care and patient-centric models, the need for efficient data management has surged. The global healthcare informatics market is projected to continue its growth, driven by factors such as the adoption of artificial intelligence (AI) in healthcare, big data analytics, and the need for improved healthcare infrastructure. Moreover, the COVID-19 pandemic accelerated the adoption of digital health solutions, further contributing to the expansion of healthcare informatics.
Healthcare Informatics Share
Healthcare informatics commands a significant share of the broader healthcare IT market. With the increasing focus on digitization in healthcare, informatics solutions are becoming integral to hospital operations, patient care, and administrative functions. Major players in the healthcare informatics industry, including software developers, data analytics firms, and IT service providers, hold large portions of the market share, thanks to their ability to offer cutting-edge solutions that meet the evolving needs of healthcare providers. Market share distribution is also influenced by the ability of companies to provide interoperable systems that integrate seamlessly across healthcare networks.
Healthcare Informatics Analysis
In-depth analysis of the healthcare informatics market reveals several factors driving its growth, including the push for regulatory compliance, the need for efficient patient data management, and the demand for personalized healthcare. Hospitals and healthcare systems are increasingly investing in informatics to improve patient care, reduce operational costs, and comply with government mandates like the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health (HITECH) Act in the U.S. Healthcare informatics solutions also play a key role in enabling data-driven decision-making, which is crucial for population health management, chronic disease management, and resource allocation.
Healthcare Informatics Trends
Key trends in healthcare informatics include:
Telemedicine Integration: The rise of telemedicine is a major trend, allowing healthcare providers to remotely monitor patients and offer virtual consultations. Informatics systems are crucial for integrating telehealth data with patient records, ensuring continuity of care.
AI and Machine Learning: AI is being used to enhance predictive analytics, clinical decision support, and personalized treatment plans. Machine learning algorithms analyze vast amounts of health data to provide actionable insights and improve patient outcomes.
Interoperability: The push for interoperable systems that allow seamless data exchange between different healthcare providers and organizations is another significant trend. Ensuring that health data can be accessed across platforms is key to improving care coordination.
Big Data and Analytics: Healthcare informatics is increasingly relying on big data to track patient trends, outcomes, and resource utilization. Advanced analytics provide insights into population health and enable providers to make more informed decisions.
Cybersecurity: With the rise of digital health solutions, the need for robust cybersecurity measures has grown. Protecting sensitive patient data from breaches and ensuring compliance with data protection regulations is a priority for healthcare organizations.
Reasons to Buy the Reports on Healthcare Informatics
Comprehensive Market Insights: Access detailed insights into the current and projected market size, share, and growth drivers in the healthcare informatics sector.
Competitive Landscape: Understand the competitive landscape, including key players, their market share, and the technologies they are leveraging to stay ahead.
Technological Advancements: Stay updated on the latest technological trends shaping the healthcare informatics field, such as AI, machine learning, and big data analytics.
Strategic Decision-Making: Equip your business with the information needed to make informed decisions about investments in healthcare informatics solutions and partnerships.
Regulatory Compliance: Gain insights into the impact of regulatory changes, including privacy and security laws, on healthcare informatics practices.
Recent Developments in Healthcare Informatics
Recent developments in healthcare informatics include the rapid expansion of telemedicine services, fueled by the COVID-19 pandemic and the increased acceptance of virtual healthcare. In addition, AI-driven predictive analytics tools are becoming more widely used in clinical settings to support early diagnosis, treatment planning, and risk management. Interoperability is also a focus, with governments and healthcare organizations pushing for better data exchange between healthcare systems to enhance care coordination. Furthermore, cybersecurity initiatives are being strengthened to protect healthcare data from the growing threat of cyberattacks, ensuring patient privacy and data integrity.
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Digital Health Market, Size, Share, Key Players | BIS Research
The digital health market refers to the ecosystem of technologies, services, and applications that leverage digital tools to improve healthcare delivery, management, and outcomes. This includes innovations such as telemedicine, mobile health (mHealth), wearable devices, artificial intelligence, and electronic health records (EHR), which collectively aim to enhance patient care, streamline healthcare operations, and empower individuals to take charge of their health.
The Global Digital Health Market size was valued at $10.3 billion in 2023, and it is expected to grow with a CAGR of 58.52%
Digital Health Overview
The global digital health market, encompassing telemedicine, remote patient monitoring, mobile health applications, and electronic health records, is witnessing substantial growth due to increasing demand for accessible, cost-effective, and outcome-focused healthcare solutions. Digital health refers to the integration of digital technologies into healthcare systems to enhance the delivery of medical services, improve patient engagement, and promote proactive healthcare management.
Request a free sample report of the Digital Health Market Trends
Market Demand Drivers
Strategic Focus on Advanced Digital Technology \
Technological Advancements
Consumer Demand for Convenience
Aging Population
Chronic Disease Burden
Market Segmentation
1 By Application
Chronic Disease Management
Behavioural Health
Health and Fitness
Others
2 By Offering
Hardware
Software
Services
Applications
3 By Technology
M- Health
(i)M health apps
(ii)M health devices
Telehealthcare
(i) Telehealthcare
(ii) Telehealth
Digital Therapeutics
(i) Preventive Applications
(ii) Treatment Applications
4 By Region
North America
Europe
Asia Pacific
Key Components for Digital Health Market
Key components of digital heath includes the following
Telemedicines
Mobile Health
Wearable Devices
Electronic Health Records
Download Complete TOC of the Digital Health Market Trends
Digital Health Market Segmentation
1 By Application
2 By Offering
3 By Technology
4 By Region
Get more market insights Visit our Healthcare Vertical Page !
Key Market Players
• Biotricity
• GE Healthcare
• IBM
• IHealth Lab, Inc.
• Johnson & Johnson Pvt. Ltd.
• Koninklije Philips N.V.
And many others
Conclusion
The digital health market continues to exhibit robust growth, driven by advancements in technology, increasing adoption of telemedicine, and the integration of AI and data analytics in healthcare.
As stakeholders invest in innovative solutions and governments worldwide prioritize digital health initiatives, the market is poised to play a critical role in shaping the future of healthcare
In conclusion, the digital health market represents not just an economic opportunity but a pivotal avenue for improving healthcare accessibility and quality, paving the way for a healthier, more connected world.
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An In-Depth Look at the Growth of Global Healthcare IT Market
The global healthcare IT market size is expected to reach USD 1,834.3 billion by 2030, growing at a CAGR of 15.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for advanced healthcare IT solutions, including Electronic Health Record (EHR), along with increased smartphone usage and the need for remote patient monitoring for improved out-of-hospital care are driving the overall growth.
For instance, a 2021 article in the Journal of Medical Internet Research titled 'Adoption of EHRs in China over the Past Decade: A Comparative Study with the U.S.' highlights the increasing adoption of EHRs in both the U.S. and China. However, adoption rates vary due to different strategies at the country level. Hospitals in the U.S. and China showed 9.6% and 6.1% adoption rates, respectively. Notably, 534 hospitals in the U.S. adopted EHRs annually on average. In China, the number was significantly higher at 1,500, indicating the need for a greater effort.
A rise in healthcare spending across the globe is driving the demand for the implementation of IoT solutions in the healthcare sector. According to the estimates published by the World Health Organization (WHO) in 2020, global healthcare spending witnessed a significant surge, accounting for 11% (USD 9 trillion) of the global GDP. The healthcare industry is evolving from a fee-for-service model to a value-based model, wherein treatment outcomes are reimbursed. The pressure of reducing healthcare costs is rising globally, as the cost of healthcare is increasing faster than economic growth.
Advancements in healthcare IT are providing opportunities to cut down healthcare spending by improving care delivery and clinical outcomes. Best possible interventions enabled through timely data aggregation coupled with an increase in patient involvement for the management of chronic care through patient engagement portals are among the factors contributing to cost reduction. IoT-enabled clinical trials also offer an opportunity for cost reduction as IoT simplifies the overall process and captures sophisticated endpoints. Remote patient monitoring solutions help in handling non-critical patients at home, which eventually reduces hospital admissions and improves workflow efficiency. In addition, IoT solutions also enhance clinical operations through asset tracking and improvement in data capturing help in significant cost savings.
Gather more insights about the market drivers, restrains and growth of the Healthcare IT Market
Healthcare IT Market Report Highlights
• Based on application, the electronic prescribing systems segment is expected to exhibit the fastest CAGR of 26.8% from 2024 to 2030. An increase in awareness of the advantages of e-prescribing is fueling the adoption of e-prescribing systems
• North America dominated with a revenue share of 40.0% in 2023. This growth is fueled by the extensive adoption of healthcare IT solutions and services, especially in the U.S., as providers strive to enhance patient care while reducing costs
• Asia Pacific is anticipated to grow at the fastest CAGR of 22.0% from 2024 to 2030, due to the high demand for healthcare IT services, owing to increased government spending on healthcare
Healthcare IT Market Segmentation
Grand View Research has segmented the global healthcare IT market based on application, delivery mode, end use and region:
Healthcare IT Application Outlook (Revenue, USD Million, 2018 - 2030)
• Computerized Provider Order Entry Systems
• Electronic Prescribing Systems (E-Prescribing Solutions)
• Laboratory Information
• Clinical Information Systems
• Regulatory Information Management (RIM) Systems
• Medical Imaging Information Systems
o Radiology Information Systems
o Monitoring Analysis Software
o Picture Archiving and Communication Systems
• Electronic Health Records
o Licensed Software
o Technology Resale
o Subscriptions
o Professional Services
o Others
• Tele-healthcare
o Tele-care
o Tele-Health
• Revenue Cycle Management
o Integrated
o Standalone
• eClinical Solutions
o Electronic Clinical Outcome Assessment (eCOA)
o Electronic Data Capture (EDC) & CDMS
o Clinical Analytics Platforms
o Clinical Data Integration Platforms
o Safety Solutions
o Clinical Trial Management System (CTMS)
o Randomization and Trial Supply Management (RTSM)
o Electronic Trial Master File (eTMF)
o eConsent
• Population Health Management (PHM)
• Digital Healthcare Supply Chain Management
o Software
o Hardware
o Services
• Clinical alarm management
o Nurse Call Systems
o Physiological Monitors
o Bed Alarms
o EMR Integration Systems
o Ventilators
o Others
• Healthcare Customer relationship management (CRM)
o Customer Service and Support
o Digital Commerce
o Marketing
o Sales
o Cross -CRM
• Technology Solutions in the Healthcare Payers
o Enrollment and Member Management
o Provider Management
o Claims Management
o Value based Payments
o Revenue Management and Billing
o Analytics
o Personalize/CRM
o Clinical Decision Support
o Data management and support
o Others
• Healthcare Analytics
o Descriptive Analysis
o Predictive Analysis
o Prescriptive Analysis
Healthcare IT Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
• Solutions
o Software
o Services
• Hardware
Healthcare IT End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Healthcare Providers
o Hospitals & Clinics
o Home Care Settings
o Outpatient Facilities
o Long-term Care Facilities
o Specialty Centers
• Healthcare Payers
o Government
o Commercial
• Life Sciences Industry
o Pharma & Biotech Organizations
o Medical Device Manufacturers
o Contract Research Organizations (CROs)
o Academic institutes
Healthcare IT regional Outlook by (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Sweden
o Denmark
o Norway
• Asia-Pacific
o Japan
o China
o India
o Australia
o Singapore
o Thailand
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
Order a free sample PDF of the Healthcare IT Market Intelligence Study, published by Grand View Research.
#Healthcare IT Market#Healthcare IT Market Analysis#Healthcare IT Market Report#Healthcare IT Market Size#Healthcare IT Market Share
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Digital Health Market Segmentation, Parameters and Prospects 2024 to 2030 Industry Research Report
Digital Health Industry Overview
The global digital health market size was estimated at USD 240.9 billion in 2023 and is projected to grow at a compound annual growth (CAGR) of 21.9% from 2024 to 2030. The market is driven by several factors, such as a strong domestic market for telehealthcare platform developers, mHealth app providers, wearable device manufacturers, and e-prescription systems.
Moreover, the healthcare industry exhibits high growth potential for the IT industry due to supportive government initiatives across all regions. The growing trend of preventive healthcare & the rise in funding for mHealth startups are other factors boosting the market.
Gather more insights about the market drivers, restrains and growth of the Digital Health Market
The rising incidence of chronic conditions such as diabetes, heart disease, and cancer is fueling the demand for remote monitoring and management solutions. Digital health tools can help patients track their health, adhere to treatment plans, and communicate with healthcare providers more effectively.
Global Digital Health Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the segments from 2018 to 2030. For this study, Grand View Research, Inc. has segmented the global digital health market report on the basis of technology, component, application, end-use, and region:
Technology Outlook (Revenue, USD Million, 2018 - 2030)
Tele-healthcare
Tele-care
Activity Monitoring
Remote Medication Management
Tele-health
LTC Monitoring
Video Consultation
mHealth
Wearables & Connected Medical Devices
Vital Sign Monitoring Devices
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Devices
Sleep trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal & Obstetric Devices
Neuromonitoring Devices
Electroencephalographs
Electromyographs
Others
mHealth Apps
Medical Apps
Women's Health
Fitness & Nutrition
Menstrual Health
Pregnancy Tracking & Postpartum Care
Menopause
Disease Management
Others
Chronic Disease Management Apps
Diabetes Management Apps
Blood Pressure & ECG Monitoring Apps
Mental Health Management Apps
Cancer Management Apps
Obesity Management Apps
Other Chronic Disease Management Apps
Personal Health Record Apps
Medication Management Apps
Diagnostic Apps
Remote Monitoring Apps
Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
Fitness Apps
Services
Monitoring Services
Independent Aging Solutions
Chronic Disease Management & Post-Acute Care Services
Diagnosis Services
Healthcare Systems Strengthening Services
Others
Digital Health Systems
EHR
E-prescribing Systems
Healthcare Analytics
Component Outlook (Revenue, USD Million, 2018 - 2030)
Software
Hardware
Services
Application Outlook (Revenue, USD Million, 2018 - 2030)
Obesity
Diabetes
Cardiovascular
Respiratory Diseases
Others
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Patients
Providers
Payers
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Sweden
Denmark
Norway
Asia Pacific
China
India
Japan
Australia
South Korea
Singapore
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
Browse through Grand View Research's Healthcare IT Industry Research Reports.
• The global computerized physician order entry market size was valued at USD 1.94 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
• The global healthcare cloud computing market size was valued at USD 19.6 billion in 2023 and is projected to grow at a CAGR of 12.7% from 2024 to 2030.
Key Digital Health Company Insights
Key players are adopting new product development, partnership, and merger & acquisition strategies to increase their market share. Apple, Inc., Google, Inc., and Qualcomm Technologies, Inc. are market leaders with a presence in more than 30 countries, including headquarters, manufacturing sites, distribution centers, and office locations. The Apple App Store features over 40,000 apps in the healthcare segment. In March 2023, to improve digital health, Apple Inc. announced plans to upgrade AirPods by adding ambient light sensors with health tracking features, including motion detectors, temperature monitors, blood oxygen level, and perspiration & heart rate, by 2025. In addition, H2O Therapeutics, a Turkey-based startup, received U.S. FDA clearance for its Parky app. This Apple Watch app monitors Parkinson’s disease symptoms, such as dyskinesia and tremors. Furthermore, Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., and Vodafone Group Plc. are the emerging market players.
Key Digital Health Companies:
The following are the leading companies in the digital health market. These companies collectively hold the largest market share and dictate industry trends
Telefónica S.A.
Epic Systems Corporation
QSI Management, LLC
AT&T
AirStrip Technologies
Google, Inc.
Hims & Hers Health, Inc.
Orange
Softserve
Computer Programs and Systems, Inc.
Vocera Communications
IBM Corporation
CISCO Systems, Inc.
Apple Inc.
Oracle Cerner
Veradigm
Mckesson Corporation
Hims & Hers Health, Inc.
Vodafone Group
Qualcomm Technologies, Inc.
Samsung Electronics Co., Ltd.
Recent Developments
In April 2023, Microsoft collaborated with Epic Systems Corporation to integrate AI into EHR, enabling healthcare practitioners to improve their productivity and patient communication with AI-enabled solutions
In March 2023, BlueRock Therapeutics LP entered a collaboration with Emerald Innovations and Rune Labs with a major focus on innovations using contactless & invisible, wearable digital health technology to improve monitoring of Parkinson's disease
In March 2023, Google launched Open Health Stack, an open-source program for developers to build health-related apps by including strategies, such as AI partnerships focusing on cancer screening
In March 2023, Nabla Technologies launched Copilot, a digital assistant tool, as a Chrome extension using GPT-3 for doctors to make patients' conversations turn into action
In March 2022, Samsung unveiled its latest innovation, a smart healthcare TV and advanced digital health solutions for healthcare facilities, at the Healthcare Information and Management Systems Society (HIMSS) Global Conference in Florida. Furthermore, Samsung and ShareSafe partnered to develop a secure solution for casting from mobile devices to Samsung Smart Healthcare TV
In March 2022, Epic Systems Corporation launched Garden Plot, which provides small independent healthcare groups access to Epic software solutions and an interoperability network
In March 2022, Vocera Communications, a part of Stryker, introduced Minibadge. This compact, portable, voice-driven wearable device integrates with clinical and operational workflows of healthcare facilities & enables hands-free communication.
Order a free sample PDF of the Digital Health Market Intelligence Study, published by Grand View Research.
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Rehabilitation Equipment Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies
The rehabilitation equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Rehabilitation Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The rehabilitation equipment market size has grown strongly in recent years. It will grow from $16.27 billion in 2023 to $17.36 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growth in the aging population, rise in the incidences of disabilities, growth in the participation in sports activities, rise in chronic diseases, increased sports injuries, and increased focus on preventive healthcare.
The rehabilitation equipment market size is expected to see strong growth in the next few years. It will grow to $22.84 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to the growing emphasis on personalized medicine, rising healthcare expenditure, the rise of telemedicine, and the increasing prevalence of degenerative diseases. Major trends in the forecast period include integration of artificial intelligence (AI), innovations in rehabilitation equipment, smart rehabilitation devices, integration of virtual reality (VR) and augmented reality (AR), and remote monitoring solutions.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - Rising demand for home healthcare services is expected to propel the growth of the rehabilitation equipment market going forward. Home healthcare services refer to a variety of medical and non-medical care provided to individuals in their own homes to address their healthcare needs. The demand for home healthcare services is rising due to several factors, such as aging populations, advancements in medical technology, and a shift towards value-based care. Rehabilitation equipment in home healthcare accelerates recovery and enhances strength, flexibility, and balance while promoting independence and ensuring patient safety through personalized monitoring and adjustments. For instance, in March 2024, according to the Centers for Medicare and Medicaid Services (CMS), a US-based federal agency, the number of Medicare Fee for Service (FFS) users utilizing home health care increased by 8.3% in 2021 to approximately 3 million, with 11,474 Medicare-certified home health organizations located across the country. Therefore, the rising demand for home healthcare services is driving the rehabilitation equipment market.
Market Trends - Major companies operating in the rehabilitation equipment market are focused on developing innovative technologies, such as VR-based rehabilitation platforms, to gain a competitive edge in the market. A VR-based rehabilitation platform is a digital system that utilizes virtual reality technology to facilitate rehabilitation and therapy for individuals with physical or cognitive impairments. For instance, in November 2022, Penumbra Inc., a US-based healthcare company, launched the REAL y-Series, a new full-body VR-based rehab platform for both upper and lower extremities, complete with a full-body avatar. This innovative product is designed to support patients in physical or occupational therapy by improving their physical, cognitive, and mental well-being. This immersive rehabilitation solution aims to enhance patient engagement, motivation, and outcomes by providing a comprehensive approach to therapy that addresses a wide range of needs, from core and balance training to cognitive stimulation and activities of daily living.
The rehabilitation equipment market covered in this report is segmented –
1) By Product: Therapy Devices, Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices 2) By Application: Physiotherapy, Occupational Therapy, Other Applications 3) By End-use: Hospitals And Clinics, Rehab Centers, Home Care Settings, Physiotherapy Centers
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Regional Insights - North America was the largest region in the rehabilitation equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rehabilitation equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the rehabilitation equipment market report are Medtronic plc; Medline Industries Inc.; Koninklijke Philips N.V.; Stryker Corporation; Hill-Rom Holdings Inc.; Arjo; DJO Global Inc.; Sunrise Medical Limited; Invacare Corporation; Caremax Rehabilitation Equipment Co. Ltd.; Etac AB; Permobil; LINET spol. s.r.o.; Joerns Healthcare LLC; DeVilbiss Healthcare LLC; Hoveround Corporation; Winncare Group; Dynatronics Corporation; GF Health Products Inc.; Roma Medical; Paragon Medical; Merits Health Products Co. Ltd.; Ekso Bionics Holdings Inc.; TecnoBody S.p.A.; Lifeward Inc.; Antano Group; Changzhou Qianjing Rehabilitation Corp. Limited; Besco Medical Co. Ltd.; Vermeiren International; Ossenberg GmbH
Table of Contents 1. Executive Summary 2. Rehabilitation Equipment Market Report Structure 3. Rehabilitation Equipment Market Trends And Strategies 4. Rehabilitation Equipment Market – Macro Economic Scenario 5. Rehabilitation Equipment Market Size And Growth ….. 27. Rehabilitation Equipment Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Veterinary Software Market Size To Reach $3.02 Billion By 2030
The global veterinary software market size is anticipated to reach USD 3.02 billion by 2030 and is projected to grow at a CAGR of 12.66%% from 2024 to 2030, according to a new report by Grand View Research, Inc. Veterinarians, veterinary practices, and pet owners can all benefit significantly from veterinary software. The benefits cover a range of areas related to patient care, clinic administration, and communication. Quick access and retrieval of patient records-including lab results, treatment plans, and medical histories-is made possible by digital storage. By doing away with the necessity for paper records, it lessens clutter and the possibility of data loss or damage. Clinics may better regulate patient flow and organize their daily schedules with the assistance of appointment scheduling tools. It minimizes the possibility of establishing multiple reservations or scheduling conflicts. It makes remote consultations possible, enabling vets to treat and counsel patients who are unable to visit the clinic physically. In addition, it broadens the clinic's clientele and offerings, particularly in emergency situations and socially awkward situations.
The market presents plenty of opportunities for expansion and novelty, attributable to industry demands, innovations in technology, and evolving consumer demands. Telemedicine has become increasingly popular in veterinary care, particularly since the COVID-19 pandemic. By providing telemedicine features that enable veterinarians to consult with patients and monitor them from a distance, veterinary software can take advantage of this trend and broaden its scope of practice. Veterinarian diagnostics might undergo a revolution thanks to AI and machine learning. Diagnostic accuracy and treatment outcomes can be enhanced by software solutions that use artificial intelligence (AI) for analyzing images, predictive analytics, and disease detection. Businesses of veterinary software can look into ways to grow internationally. Software that supports multi-language and multi-currency capabilities can meet the needs of clinics worldwide as veterinary care becomes more globally distributed.
Market players in the veterinary software space are strategically using mergers and acquisitions to expand their product lines and solidify their positions in the industry. To incorporate the latest innovations and broaden their service offerings, large corporations are purchasing smaller, innovative companies. Concurrently, there is a widespread use of collaboration and partnership strategies, as businesses form alliances to gain access to complementary expertise, expand their market reach, and provide more complete solutions. These adaptable tactics enable veterinary software suppliers to meet the varied demands of the changing veterinary sector, maintain their competitiveness, and take advantage of synergies. For instance, in February 2024, Instinct Science with the assistance of Mainsail partners acquired VetMedux, which is a veterinary education-providing company.
In May 2023, Hippo Manager partnered with Text Request. Users of Hippo Manager Software have access to Text Request's texting module directly from the Hippo Manager interface by using the Text Requests Chrome extension. This means that veterinary clinics can now use the same software they use to manage their daily operations to text clients to set up appointments, send reminders, and more.
Request a free sample copy or view report summary: Veterinary Software Market Report
Veterinary Software Market Report Highlights
Based on product, the practice management software (PMS) segment led the market with the largest revenue share of 56.80% in 2023. However, telehealth software is expected to grow at the fastest CAGR of 19.65% during forecast period, due to the growing acceptance of Internet of Things (IoT) and Artificial Intelligence (AI) technologies
Based on delivery mode, the cloud/web-based segment attributed to largest market share in 2023 and is projected to grow at fastest CAGR during the forecast period, owing to easy scalability as well as ease of use of cloud-based software
Based on practice type, the small animals segment led the market with the largest revenue share of 60.37% in 2023. The segment includes software revenue from veterinarian practices that treat small companion animals (dogs and cats) as their primary source of care. Veterinarians and veterinary clinics can more efficiently manage their daily activities and deliver high-quality animal care with the aid of small animal PMS, a specialized tool
Based on end use, the hospitals/clinics segment led the market with the largest revenue share of 85.80% in 2023, due to the accelerating digitization of veterinary practices and the growing awareness of the advantages that software provides to both patient care and business operations are what is driving the overall growth of the hospitals/clinics segment
North America dominates the market with the largest revenue share of 35.85% in 2023. Conversely, Asia Pacific region is anticipated to grow at the fastest CAGR of 11.35% during the forecast period
Multiple integrations of veterinary softwares, an increasing number of veterinary hospitals/clinics, an increasing animal population globally leading to an increase in adoption of telehealth softwares, rising prevalence of animal diseases leading to an increase in veterinary patient volume are expected to drive market growth
Veterinary Software Market Segmentation
Grand View Research has segmented the global veterinary software market report based on product, delivery mode, practice type, end-use, and region:
Veterinary Software Product Outlook (Revenue, USD Million, 2018 - 2030)
Practice Management Software
Imaging Software
Telehealth Software
Others
Veterinary Software Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
Cloud/Web-Based
On-premise
Veterinary Software Practice Type Outlook (Revenue, USD Million, 2018 - 2030)
Small Animals
Mixed Animals
Equine
Food-producing Animals
Other Practice Types
Veterinary Software End Use Outlook (Revenue, USD Million, 2018 - 2030)
Hospitals/Clinics
Other End Use
North America
Veterinary Software Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Netherlands
Russia
Sweden
Switzerland
Ireland
Poland
Asia Pacific
Japan
China
India
South Korea
Australia
Thailand
Indonesia
Philippines
Malaysia
Singapore
Latin America
Brazil
Mexico
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Iran
Turkey
Israel
List of Key Players in the Veterinary Software Market
Idexx Laboratories
Covetrus Inc. (Henry Schein)
Hippo Manager
Shepherd Veterinary Software
DaySmart Software
Digitail
ProVet (NordHealth)
OnwardVet
Asteris
Carestream Health
Heska Corporation (Mars Inc.)
Oehm und Rehbein GmbH
VetStoria
Instinct Science, LLC
Planmeca OY
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